FE Battery Metals advances on Quebec lithium results CanadiansInvest
-CSE, FEMFF-OTCQB] said drilling has intersected lithium-bearing pegmatites in a previously unexplored area of its Augusta Lithium property in Quebec.
The company said this new area, between the main prospects, sits within the prospective structural corridor that was interpreted by the Quebec Geological survey to possess similar mineral potential as the North American Lithium Mine geology. Sayona Mining Ltd.’s [SYA-ASX, SYAXF-OTCQB] North American Lithium Mine and Authier property are two notable projects in the area that highlight the potential of the Augustus Lithium property.
The Augustus property covers 700 mining claims spanning over 27,000 hectares. The property benefits from excellent local infrastructure with road network, railway, electricity, and trained manpower available locally.
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