FE Battery Metals reports up to 1.15% lithium oxide at Augustus

FE Battery Metals (CSE: FE; OTCQB: FEMFF; WKN: A2JC89) reports exposing a part of the main Augustus prospect lithium pegmatite system through stripping and channel sampling. Outcrop 26 was discovered on the east side of the main area where a lithium-rich pegmatite cuts 14.7 metres at 1.15% lithium oxide (Li₂O).

The main Augustus pegmatite, located in Quebec’s Abitibi region north of Val-d’Or, is mainly a blind lithium deposit with very few surface exposures. The company says this newly exposed outcrop will help it understand the geology, structure, and trend of the main potential deposit area for further drill targets.

To date, the company has drilled 68 holes, totalling more than 15,000 metres, and has intercepted multiple lithium pegmatite dykes of variable lengths, widths, and lateral continuity. The company has further explored the newly discovered lithium pegmatite zones in two areas to the southeast of the Augustus prospect which are located near the North American Lithium mine that belongs to Sayona Mining.

Assay highlights include:

• Outcrop 26 cut 14.7 metres at 1.15% Li₂O (0.535% Li).
• Outcrop 900 cut 10 metres at 0.52% Li₂O (0.24% Li).
• Six grab samples collected from Duval lithium prospect returned lithium values in the range of 0.004% to 2.15% Li₂O with an average of 1.14% Li₂O.
• Nineteen grab samples from Bella prospect returned lithium values in the range of 0.005% to 1.26% Li₂O.

For more information, visit www.FEBatteryMetals.com.