Unlock stock picks and a broker-level newsfeed that powers Wall Street.

Linear Minerals Intersects Three Spodumene Pegmatites With Over 1% Lithium Oxide

In This Article:

Linear Minerals Corp. ("formerly FE Battery Metals Corp") (CSE:LINE)(OTCQB:FEMFF)(WKN:A2J C89) ("Linear" or the "Company) is pleased to announce results of Drill Holes LC24-90 from 2024 exploratory drill program at its Augustus Lithium Property in Quebec, Canada. The drill hole LC24-90 intersected three spodumene bearing lithium pegmatites of variable widths with grade over 1 percent (%) lithium oxide (Li2O). There are anomalous values of other rare metals such as beryllium (Be), cesium (Cs), niobium (Nb), tantalum (Ta) and rubidium (see Tables 1 for details).

Highlights

  • The top, Number 1 Pegmatite, intersected 1.07% Li2O over 5.50 metres at a drilled depth of 66.2 m, with anomalous values of 228 ppm Be, 159 ppm Cs, 59 ppm Ga, 735 ppm Rb, 66 ppm Nb, and 118 ppm Ta.

  • The middle, Number 2 Pegmatite, intersected 1.00% Li2O over 5.30 metres at a drilled depth of 85.8 m, with 230 ppm Be, 165 ppm Cs, 66 ppm Ga, 78 ppm Nb, 1208 ppm Rb, and 117 ppm Ta.

  • The bottom, Number 3 Pegmatite, intersected 1.05% Li2O over 3.50 metres at a drilled depth of 98.0 m, with 255 ppm Be, 49 ppm Cs, 49 ppm Ga, 78 ppm Nb, 693 ppm Rb, and 104 ppm Ta.

  • A separate intercept of elevated nickel values (averaging 1906 ppm Ni) was identified over 3.0 metres at a drilled depth of 81.8 m.

Drill hole LC23-90 was drilled at location 5367814.992N, 287204.687E, UTM NAD 1983 Zone 18N, at azimuth 215 degrees and dip -75 with a drilled depth of 131 m. The drill hole was placed at the main Augustus zone.

The drill program was designed based on historical and current exploration data. Drilling was conducted by Forage Pelletier Drilling of Chapais, Quebec, and core logging and sampling took place at a core shack in St-Dominique du Rosaire, approximately 50 km from the property. The 2024 drill program included 11 drill holes, totaling 1,558 metres. To date, a total of 100 drill holes have been completed on the property, with a cumulative diamond drilling of 18,165.64 metres.

Drill core was sampled using a rock saw. For quality control and assurance (QA/QC), field duplicates, standards, and blanks were inserted at industry-standard intervals. Samples were bagged and tagged using best practices before being delivered to AGAT Laboratories in Val-d'Or, QC, for analysis. AGAT performed Sodium Peroxide Fusion with ICP-OES and ICP-MS Finish (Code 201-378). AGAT is an independent, accredited laboratory with ISO certification for certain tests.

Afzaal Pirzada, P.Geo., Geological Consultant of the Company, and a "Qualified Person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.