VANCOUVER, June 12, 2018 /CNW/ - First Energy Metals
Ltd. (TSX-V: FE) (the "Company) is pleased to announce
commencement of Phase II exploration work at its Phyllis Cobalt
Property (the "Phyllis Property") in Ontario. The work will comprise prospecting
and sampling along cobalt mineralization trend; striping, trenching
and channel sampling around the original cobalt showing and other
new mineralization if discovered during trenching; and geological
mapping of the contact zone between greenstone belt and granitic
intrusions. This work is a follow up on results of the Phase I
sampling work showing cobalt values in the range of 0.001% to
0.435%, copper 0.03% to 0.602%, and nickel 0.004% to 0.48%, as
announced in the Company's press release dated May 23, 2018.
The technical information contained in this news release has
been reviewed and approved by Alexander
Pleson, P.Geo., a qualified person, as defined by NI 43-101
who works as consultant with the Company. The exploration work is
being carried out under his supervision.
About First Energy Metals Limited.
First Energy Metals Limited is a junior resource company engaged
in the exploration and development of technology metals such as
lithium and cobalt properties in North
America. The Company's goal is to acquire prospective
technology metals projects and develop them. The Company has 100%
interest in the Kootenay Lithium Property. The property is located
in the Revelstoke and Nelson
Mining Divisions of southeastern British
Columbia. First Energy Metals Limited (formerly "Agave
Silver ") was incorporated on October 12,
1966 in the Province of British
Columbia. The Company's common shares trade on the TSX
Venture Exchange under the symbol FE and are also listed on the US
OTC Markets (Pink) as ASKDF and on the Frankfurt Stock Exchange as
A2JC89.
ON BEHALF OF THE BOARD OF
FIRST ENERGY METALS LTD.
"Gurminder Sangha"
Gurminder Sangha
President & Chief Executive Officer
Neither the Toronto Stock Exchange (TSX) nor its
Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this news release and has neither approved
nor disapproved the contents of this news release.
Forward-looking Information
This news release
may contain forward-looking information (as such term is defined
under Canadian securities laws). While such forward-looking
information is expressed by the Company in good faith and believed
by the Company to have a reasonable basis, they address future
events and conditions and are, therefore, subject to inherent risks
and uncertainties. The Company expressly disclaims any
intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events
or otherwise, except in accordance with applicable securities
law
SOURCE First Energy Metals Limited