FE Battery Metals Corp. Provides Update on 2023 Exploration Work on Quebec Lithium Projects and Announces Private Placement

FE Battery Metals Corp.
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VANCOUVER, BC / ACCESSWIRE / April 16, 2024 / FE Battery Metals Corp. (OTCQB:FEMFF)(WKN: [A2JC89]), a leading player in the energy metals sector, is delighted to announce the results of its 2023 exploration campaign on our properties in the prospective James Bay region. The extensive work effort, encompassing prospecting, mapping, and sampling, aimed to identify lithium-pegmatite targets for further exploration, a critical step in advancing the Company's lithium exploration initiatives in the northern Quebec. Samples collected during the program underwent field testing with a handheld Laser-Induced Breakdown Spectroscopy (LIBS) instrument and selected samples were submitted to Activation Laboratories ("ACTLABS"), Ancaster, Ontario for analysis. The laboratory analysis has confirmed several promising pegmatites, which will need a detailed 2024 follow-up work program.

Rose East Lithium Work Program Highlights: Situated approximately 70 km Northeast of Nemiscau town, the Rose East property has proven to be geologically promising. Of note was identifying and mapping 19 prominent pegmatites, enhancing the property's lithium exploration potential. A total of 57 rock chip and grab samples were collected during the fieldwork. The samples were initially scanned in the field with LIBS, from which nine samples were submitted for analysis to the laboratory. LIBS testing of the samples revealed anomalous lithium values, with the laboratory results returning lithium values in the range of approximately less than 15 ppm to 107 ppm, with anomalous values of other rare metals such as niobium (2.4 to 43.3 ppm) and rubidium (80.2 to 340 ppm) (see Table 1 for details).

Rose West Lithium Work Program Highlights: Located approximately 40 km to the west of Nemiscau town, the project covers approximately 1,695 hectares, which sit directly adjacent to the claims of Critical Elements Lithium Corporation, which hosts their Rose Lithium deposit. Seven prominent pegmatite outcrops were identified and mapped during 2023 work, from which a total of 21 rock chip and grab samples were collected. Field testing with the LIBS unit again identified anomalous values of lithium, and 12 samples were selected for laboratory analysis. The assays indicated lithium values in the range of less than 15 ppm to 78 ppm (see Table 2 for details).

Pontax West Lithium Work Program Highlights: Located at a distance of approximately 50 km Southwest of the Camp KM 381, the project staddles the Mattagami-Raddison highway, the main road to the James Bay region. Much of the property was covered using this highway for prospecting with some remote locations accessed by helicopter. In total, 23 prominent pegmatites were identified on the property and 117 samples were collected. The majority of samples represented the pegmatites, with a few collected from granites and metasediments. The samples were again field tested with LIBS, out of which 15 samples were submitted for analysis. The laboratory results indicate lithium values in the range of less than 15 ppm to 49 ppm (see Table 3 for details).

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