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 [...]
First Energy Metals Ltd. would like to announce it that it has received assay results from July 2020 exploration work on Independence Gold Property located in the Southeastern BC. The results of 15 grab rock samples and 3 sediment samples collected from the Property indicate low values of gold, silver, and base metals with only one grab rock sample assayed 1.1 grams per tonne gold. The Company has decided not to pursue [...]
First Energy Metals Ltd. is pleased to announce that it has planned to collect a bulk sample from its Scramble Mine gold property located in Northwestern Ontario, Canada. Pleson Geoscience has been contracted to collect up to one tonne mineralized material from the Property. The bulk sampling work is a follow up of excellent grab sampling results with average of 29.34 grams per tonne in ten grab samples . The bulk sample [...]
First Energy Metals is pleased to announce that it has received assay results from recently completed exploration work at its Kokanee Creek Property. The work included prospecting to locate historical mineralization areas, carry out surface sampling, and mapping of veins and geological structures. A total of 27 grab rock samples were collected from various outcrops and mineralized areas mentioned in the historical [...]
First Energy Metals Ltd. is pleased to announce assay results of second round of prospecting and sampling work from its recently acquired Scramble Mine gold property located in Northwestern Ontario, Canada. The work was carried out in August 2020 to find historically reported mineralization areas near Scramble mine, mapping gold mineralization veins and structures, and developing a detailed Phase 2 exploration work plan [...]
First Energy Metals Ltd. is pleased to announce to announce that it has entered into a letter agreement dated August 25, 2020 between the Company and 1260945 B.C. Ltd., a private corporation incorporated in British Columbia, , pursuant to which, subject to regulatory approval, the Company will acquire 100% of the issued and outstanding shares of TargetCo . Targetco owns a 100% interest in three prospective gold projects [...]
First Energy Metals Ltd. is pleased to announce that it has entered into a purchase agreement with Geomap Exploration Inc. , a private Corporation registered in British Columbia, Canada, to acquire a silver gold exploration property located in the Province of British Columbia, Canada. Pursuant to a property purchase agreement between the Seller and the Company, dated August 10, 2020, First Energy will acquire a 100 [...]
First Energy Metals Ltd. is pleased to announce assay results of exploration work from its recently acquired Scramble Mine gold property located in Northwestern Ontario, Canada. The work was carried out in June 2020 and included prospecting to locate historical mineralization areas, carry out channel and grab surface sampling, mapping historical gold mineralization veins and structures, and developing a detailed Phase 2 [...]
First Energy Metals Ltd. is pleased to announce that it has completed exploration work at its Kokanee Creek and Independence Gold Properties located in the southeastern British Columbia, Canada. The work included prospecting to locate historical mineralization areas, carry out surface sampling, and mapping of historical gold mineralization veins and structures. A total of 45 grab rock / sediment samples were collected [...]
First Energy Metals Ltd. is pleased to announce it has completed the first round of exploratory fieldwork at the Scramble Mine gold property located in Northwestern Ontario, Canada. The work included prospecting to locate historical mineralization areas, carry out channel and grab surface sampling, mapping historical gold mineralization veins and structures, and developing a detailed Phase 2 exploration work plan. The [...]
First Energy Metals Ltd. is pleased to announce that it has commenced exploration work at its recently acquired Scramble Mine gold property located in Northwestern Ontario, Canada. The Company has contracted Pleson Geoscience to complete surface field exploration work on the Property. The work includes prospecting to locate historical mineralization areas, carry out channel and grab surface sampling, mapping historical [...]
First Energy Metals Ltd. is pleased to announce a non-brokered private placement financing of $500,000, half of which will be comprised of 2,083,333 flow-through shares at a price of $0.12 per share. The other half will be comprised of 2,083,333 units at a price of $0.12 per unit, with each unit consisting of one common share and one-half of one fully transferable share purchase warrant entitling the holder to purchase [...]