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Monday, Mar 20, 2023
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.

Alternative Energy

FE Battery Metals announces positive drill results in Augustus Lithium Property

The pegmatite is 4.95 meters wide with 1.49 per cent or 6,936 parts per million lithium at 189.6 meters drilled depth.

Augustus Lithium Project
Image via FE Battery Metals/Lithium cores on display

FE Battery Metals (CSE:FE) (OTCQB:FEMFD) announced drilling results from its LC22-40 Phase 2 exploratory drill program at its Augustus Lithium Property in Quebec.

A pegmatite is an igneous rock presenting with a course structure, with large interlocking crystals over 1 centimetre in length. Some are over a meter. Most pegmatites are either quartz, feldspar, and have a similar silicic composition to granite. In this case, the principle pegmatite is 4.95 meters wide with 1.49 per cent or 6,936 parts per million (PPM) lithium at 189.6 meters drilled depth.

Lithium is the only metal showing this PPM range. The others have 184 PPM berylium, 40 PPM cesium, 80 PPM niobium, 837 PPM rubidium and 82 PPM tantalum.

Augustus is located in Val d’Or Quebec. The Augustus Lithium Property is noteworthy because of its proximity to several historical prospects and a previously active lithium mine within a 10-kilometer radius. There are also two notable nearby projects, namely the North American Lithium mine (NAL) and the Authier Project, which indicate the potential for the property.

Elbaite tourmaline (olive-green) and lepidolite mica (violet), from a lithium-enriched pegmatite in Brazil/Image via Wikimedia

Read more: Standard Lithium progresses patents on its lithium extraction methods

Read more: E3 Lithium production tests one step closer to confirming commercial viability in the Clearwater Project

The Augustus Lithium Property has strong prospects

FE Battery metals is a junior lithium explorer that focuses on identifying, exploring and progressing early-stage lithium pegmatite projects in Canada. It’s efforts to date have been on exploration projects in Quebec, and especially on its Augustus Lithium flagship property.

Another drill hole (LC22-41) completed at the main Augustus pegmatite did not intersect with any lithium pegmatite. The company drilled the hole 500 meters up dip from the main pegmatite. The intention was to explore potential buried nearby pegmatites. FE Battery Metals reported all intercepts based on drilled widths that hadn’t yet been converted to the true width. The results of the drill hole from the Phase 2 drilling program are still pending.

The company logged and sampled the drill core using a rock saw. The next steps involve inserting field duplicates, standards and blanks  at industry standard intervals for quality control and quality assurance. These samples were stored and categorized using best practices and delivered to Activation Laboratories in Ancaster, Ontario for sample preparation and analysis using laboratories code Ultratrace 7 and sodium peroxide infusion.


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