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Foremost Lithium Completes Drone Magnetic Survey on 43,000+ Acres of Its Properties in Snow Lake, Manitoba03.11.2022 | 18:06 Uhr | Newsfile
Vancouver, November 3, 2022 - Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTCQB: FRRSF) (FSE: F0R0) (WKN: A3DCC8) ("Foremost" or the "Company") (www.foremostlithium.com) is pleased to announce that it recently completed a UAV-assisted high-resolution airborne magnetic survey on its "Lithium Lane" Properties near the historic mining town of Snow Lake, west-central Manitoba. Foremost contracted EarthEx Geophysical Solutions Inc. (Selkirk, Manitoba), which flew a total of 7,472.7-line km over the entire 43,031 acre/17,414hectares land package. UAV-Borne Magnetic Surveys Magnetometer Survey Details
To view an enhanced version of Figure 1 and Figure 2, please visit: Interpretation: Daniel Card, President, and Chief Geophysicist of EarthEx states, "I believe that the magnetic data collected over Foremost Lithium's properties in the Snow Lake area are among the highest quality of any magnetic dataset that I have seen in over 15 years of geophysical data analysis for mineral exploration. Foremost's approach to embracing new technologies in their exploration efforts may provide a competitive advantage. We feel large continuous data sets of this calibre could play a central role in Foremost's exploration efforts." EarthEx has also completed a LiDAR survey on the Jean Lake Property between July 20 and July 27, 2022 and are presently underway on the remainder of the Lithium Lane properties. The results of these surveys will assist prospecting on all Lithium Lane properties. Foremost Lithium would like to invite shareholders to visit their booth at The 2022 Central Canada Mineral Exploration Convention (CCMEC), taking place on November 14th and 15th at the Victoria Inn Hotel & Convention Center, in Winnipeg. Along with a presence at the event, Vice President of Exploration Dr. Mark Fedikow will be making a presentation at the conference. QP Statement - The technical content of this news release has been reviewed by Dr. Mark Fedikow, P.Geo. who is a Qualified Person as defined by NI 43-101. Technical information relating to the Jean Lake Property contained in the news release has been approved by Lindsay Bottomer, Q.P., P. Geo, who is a "Qualified Person" within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects. On Behalf of the Board of Directors, About Foremost Lithium Resource & Technology Ltd. Foremost Lithium Resource &Technology Ltd. Follow us or contact us on social media: Forward-Looking Statements This news release contains "forward-looking statements" and "forward-looking information" (as defined under applicable securities laws), based on management's best estimates, assumptions, and current expectations. Such statements include but are not limited to, statements with respect to the plans for future exploration and development of the Company's properties and the acquisition of additional exploration projects. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "forecasts", "anticipates" "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those expressed or implied by such statements, including but not limited to: risks related to the Company's projects; risks related to general economic conditions, actual results of current exploration activities, unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of metals including gold; increases or decreases in market prices of mining consumables, possible variations in resource estimates, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of exploration, development or construction activities, changes in national and local government regulation of mining operations, tax rules and regulations, changes in applicable laws or stock exchange policies and receipt of any requires regulatory approvals and political and economic developments in areas in which the Company operates. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The forward-looking statements and forward-looking information are made as of the date hereof and are qualified in their entirety by this cautionary statement. The Company disclaims any obligation to revise or update any such factors or to publicly announce the result of any revisions to any forward-looking statements or forward-looking information contained herein to reflect future results, events or developments, except as require by law. Accordingly, readers should not place undue reliance on forward-looking statements and information. Please refer to the Company's most recent filings under its profile at www.sedar.com for further information respecting the risks affecting the Company and its business. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/142984 Dieser Artikel stammt von Rohstoff-Welt.de
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