First Lithium Minerals Corp. (CSE: FLM) (OTC Pink: PGPXF) (FSE: X28) is a Canadian mineral exploration and development company with a lithium brine project in northern Chile.
The Company is currently focusing on exploring for lithium and alkali metals at its 100% owned OCA lithium project comprised of approximately 9,000 ha of mineral exploration concessions located in the salars of Ollague, Carcote, and Ascotan in the Antofagasta Region of northern Chile.
The Company successfully identified two priority exploration targets at the salars for potential brine mineralization and is currently conducting extensive geophysical and geochemical surveying with the objective of drill target definition.
- Initial chemical brine samples showed
lithium grades at 607mg/l high in Salar Carcote and 451mg/l in Salar Ascotan.
- Launched extensive geophysics program (October 2022).
- Transient Electromagnetic (TEM) geophysical surveys delineated two highly conductive priority sectors (see news release December 13, 2022).
- Pronounced geophysical anomalies and
highly conductive zones up to 400m from Magneto Telluric (MT) geophysical survey (March 2023).
See TECHNICAL REPORT ON THE OCA PROSPECT
COMUNA DE OLLAGUE, PROVINCE OF EL LOA
REGION OF ANTOFAGASTA CHILE
For further details please visit our latest Corporate Presentation, which also contains important technical disclosures. This page contains forward-looking statements, that are based on assumptions at the time of writing. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. First Lithium Minerals Corp. (“First Lithium” or the “Company”) cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond First Lithium's control. Such factors include, among other things: risks and uncertainties relating to metal prices, changes in planned work resulting from weather, logistical, technical or other factors, the possibility that results of work will not fulfill expectations and realize the perceived potential of First Lithium's mineral properties, uncertainties involved in the interpretation of drilling results and other tests, the possibility that required permits may not be obtained in a timely manner or at all, risk of accidents, equipment breakdowns or other unanticipated difficulties or interruptions, the possibility of cost overruns or unanticipated expenses in work programs, the risk of environmental contamination or damage resulting from the exploration operations, the need to comply with environmental and governmental regulations and the lack of availability of necessary capital, which may not be available to First Lithium on terms acceptable to it, or at all. First Lithium is subject to the specific risks inherent in the mining business as well as general economic and business conditions. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, First Lithium undertakes no obligation to publicly update or revise forward-looking information. First Lithium does not intend, and does not assume any obligation, to update these forward-looking statements, except as required under applicable securities legislation.
First Lithium Minerals Corp.
77 King Street West, Toronto, Ontario M5K 2A1, Canada
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