VANCOUVER, June 12, 2018 /CNW/ – First Energy Metals Ltd. (TSX-V: FE) (the “Company) is pleased to announce commencement of Phase II exploration work at its Phyllis Cobalt Property (the “Phyllis Property“) in Ontario. The work will comprise prospecting and sampling along cobalt mineralization trend; striping, trenching and channel sampling around the original cobalt showing and other new mineralization if discovered during trenching; and geological mapping of the contact zone between greenstone belt and granitic intrusions. This work is a follow up on results of the Phase I sampling work showing cobalt values in the range of 0.001% to 0.435%, copper 0.03% to 0.602%, and nickel 0.004% to 0.48%, as announced in the Company’s press release dated May 23, 2018.
The technical information contained in this news release has been reviewed and approved by Alexander Pleson, P.Geo., a qualified person, as defined by NI 43-101 who works as consultant with the Company. The exploration work is being carried out under his supervision.
About First Energy Metals Limited.
First Energy Metals Limited is a junior resource company engaged in the exploration and development of technology metals such as lithium and cobalt properties in North America. The Company’s goal is to acquire prospective technology metals projects and develop them. The Company has 100% interest in the Kootenay Lithium Property. The property is located in the Revelstoke and Nelson Mining Divisions of southeastern British Columbia. First Energy Metals Limited (formerly “Agave Silver “) was incorporated on October 12, 1966 in the Province of British Columbia. The Company’s common shares trade on the TSX Venture Exchange under the symbol FE and are also listed on the US OTC Markets (Pink) as ASKDF and on the Frankfurt Stock Exchange as A2JC89.
ON BEHALF OF THE BOARD OF
FIRST ENERGY METALS LTD.
President & Chief Executive Officer
Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release and has neither approved nor disapproved the contents of this news release.
This news release may contain forward-looking information (as such term is defined under Canadian securities laws). While such forward-looking information is expressed by the Company in good faith and believed by the Company to have a reasonable basis, they address future events and conditions and are, therefore, subject to inherent risks and uncertainties. The Company expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except in accordance with applicable securities law
SOURCE First Energy Metals Limited
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