First Energy Metals Ltd. is pleased to announce a non-brokered private placement financing of up to $1,500,000 comprised of both flow-through units and non-flow through units. The flow-through component will consist of up to 4,1666,667 units, priced at $0.24 cents per unit. Each FT unit will consist of one flow-through common share plus one warrant. Each warrant entitles the holder to purchase one non- flow through common [...]
First Energy Metals Ltd. announces that it has granted incentive stock options to certain directors, officers and consultants to purchase up to an aggregate of 2,640,000 common shares under the Company's Incentive Stock Option Plan. The options will be exercisable for a period of five years, at an exercise price of $0.21 per share. The stock option grant will be subject to a four-month hold period and is subject to [...]
First Energy Metals Ltd. is pleased to announce that it has entered into an option agreement to acquire another lithium exploration property located in Landrienne & Lacorne-Townships, Quebec, Canada. The property consists of 15 mining claims in two non-contiguous claim groups representing a total area of 671.58 hectares located approximately 40 kilometres northwest of the town of Val d'Or on map sheet 32C/05. The newly [...]
First Energy Metals Ltd. is pleased to announce that it has planned Phase 1 Exploration work on its recently acquired Augustus lithium property located near Val-d'Or in Quebec, Canada. The work will commence in the second week of February and includes prospecting, mapping and sampling of known lithium prospects on the Property. The scope of work is to confirm the historical surface sampling results on three known [...]
First Energy Metals Ltd. is pleased to announce that it has entered into an option agreement to acquire a lithium exploration property located in Landrienne & Lacorne-Townships, Quebec, Canada. The property consists of three non-contiguous claim groups representing a total area of 627.35 hectares located approximately 40 kilometres northwest of the town of Val d'Or on map sheet 32C/05. The geology and the mineralization [...]
First Energy Metals Ltd. is pleased to announce that it has closed a non-brokered private placement for aggregate gross proceeds of $600,000 . The Offering consisted of the sale of $350,000 flow-through units at $0.25 per FT Unit and the sale of $250,000 hard dollar units at $0.20 per HD Unit. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one [...]
First Energy Metals Ltd. is pleased to announce that it has it has received a preliminary dataset for the airborne geophysical surveys completed in November 2020 on the Scramble Mine gold property located in Northwestern Ontario, Canada. ProspectAir of Gatineau, Québec was contracted to complete the surveys which consisted of high-resolution airborne magnetics and time-domain electromagnetic . The survey was carried out [...]
First Energy Metals Ltd. is pleased to announce that it has submitted to the laboratories, a bulk sample collected from its Scramble Mine gold property located in Northwestern Ontario, Canada. Pleson Geoscience was contracted to collect approximately 100-kilogram representative sample of mineralized material from the Property. The sample was gathered from the main quartz vein as well as the dump material at the mine site [...]
First Energy Metals Ltd. , First Energy holds an option to acquire a 100% interest in the Titan Gold Property by paying cash payments of $98,500 and the issuance of 600,000 common shares over a 3-year period. Detour Lake NE Property Highlights The Property is comprised of 80 mining claims covering approximately 11,000 acres land in the "municipalité régionale de comté" "regional county municipal" of Jamesie in Quebec [...]
First Energy Metals Ltd. is pleased to announce that it has received assay results for overlimit grab rock samples of its Kokanee Creek Property located in the southeastern British Columbia, Canada. The results were originally reported on September 7, 2020 news release indicating three samples for zinc, and one sample for cobalt and tungsten over the laboratory's method detection limits. The Company requested the [...]
First Energy Metals Ltd. is pleased to announce that it has entered into an option agreement to acquire Shaw Gold Property located in Timmins Area Ontario, Canada. Pursuant to a property purchase between the Optionor and the Company, dated September, 22 2020 , First Energy holds an option to acquire a 100% interest in the Shaw Property by paying cash payments of $96,000 and the issuance of 600,000 common shares over a [...]
First Energy Metals Ltd. is pleased to announce that it has entered into an option agreement to acquire a gold exploration property located in the Red Lake Mining District, Northwestern Ontario, Canada. The Property is comprised of 94 mining cell claims covering approximately 1,880 hectares land in Ball and Todd townships. Geologically, the area is underlain by the Red Lake greenstone belt of Ontario, an accumulation of [...]
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