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Alias Born | 06/25/2009 |
Saturday, July 24, 2021 10:23:30 AM
June 15, 2021
About the Augustus Lithium Property
The Company owns 100% interest in Augustus Lithium Property in Landrienne & Lacorne-Townships, Quebec, Canada. The Property consists of 337mining claims covering a total area of 15,045.62 hectares located approximately 40 kilometres northwest of the town of Val d’Or on map sheets 32C/05 and 32D08. The newly acquired Property claims are spread in several claim blocks optioned in 2021 from different vendors. The Company has prepared a work plan on the property which includes diamond drilling, metallurgical testwork to produce battery grade lithium carbonate, and resource estimation. To date, the Company has compiled historical drill hole data on the Property for 74 historical dill holes with a cumulative drilling of 12,123.14 m, out which 6,024 m drilling was completed on the lithium prospects on the Property during 1950s. Several drill hole results indicated intersections over 1% lithium oxide. All this data will help in the current exploratory drill program and building a data base for NI 43-101 resource estimation”.
https://www.firstenergymetals.com/en/news/2021/first-energy-metals-cuts-1.44-percent-lithium-oxide-over-8-meters-in-channel-samples-from-augustus-lithium-property/
If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG
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