NetworkNewsBreaks – First Energy Metals Ltd. (CS
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First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company with a primary focus on developing a multicommodity mineral property portfolio, recently announced the results of drill hole LC21-22 at its Augustus Lithium Property in Quebec. “The drill hole intersected a 10.5-meter-wide zone with 1.22% lithium oxide at 69 meters drilled depth,” reads a recent article. “First Energy Metals is well positioned to leverage growing opportunities in the global lithium-ion battery market. Lithium-ion batteries (Li-ion batteries or LiB) are increasingly becoming the rage due to their potential for use in a wide range of products and applications ranging from smartphones and smartwatches to electric vehicles (‘EVs’) and energy storage systems. Since being launched commercially in 1991, Li-ion batteries have witnessed significant improvements in performance and capabilities, thus making them indispensable for a range of products.”
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