FE Battery Metals Corp. announced results of Drill Hole LC23-63 from the current 2023 drill program at its Augustus Lithium Property in Quebec, Canada. Drill hole LC23-63 was drilled at the main Augustus zone.

In total, the drill hole intersected six separate lithium bearing zones, which, in total, have a composite length of 38.48 meters. New sampling of the host, or 'wallrock' in contact with the pegmatite bodies was found to contain lithium mineralization and that there is an observed correlation with higher lithium (Li), cesium (Cs), and rubidium (Rb) values to higher nickel and chromium values in these rocks. Understanding the degree of the host rock mineralization could provide a useful guide for further exploration and resource building work at the project.

If the host rock has been mineralizaed, likely by hydrothermal fluids, it may lead to a significant increase in potential lithium resource at the project. These lithium exomorphic halos are documented to extend from 2-5 m or more in the country rock in other lithium-pegmatite occurrences. Drill hole LC23-63 was drilled at location 5367789.854N, 287162.594E, UTM NAD 1983 Zone 18N, at azimuth 52.6 degrees and dip -47.12 with a drilled depth of 308.35 m. The drill hole was placed at the main Augustus zone.

All reported widths are drilled widths and have not been converted into true width.