April 20, 2022
Foremost Lithium Resource & Technology Ltd. (CSE:FAT, Not Rated, David A. Talbot) provided final results from a magnetic survey completed over its 100%-owned, Jean Lake property in Manitoba. The magnetic survey results have identified 14 structural targets on the northern part of the property. Two of the targets (Targets 10 and 11) appear to be very similar to the high-grade lithium and beryllium bearing dykes already identified on the property, while three targets (Targets 5, 6 and 7) are on trend with Snow Lake Lithium’s (NASDAQ:LITM, Not Rated) Sherritt Gordon and Grass River pegmatites. The Jean Lake property is bound on the east by the Crowduck Bay Fault and further to the west by the Berry Creek Fault; both faults are crustal scale structures that can be traced for greater than 50 km. Jean Lake is situated along the Thompson Brothers lithium project, host to 91,200t Li2O in indicated and 19,300t Li2O in inferred resources. More work is required to confirm that these targets are lithium and tantalum bearing and the company has prioritized 10 of the targets for testing with an immediate drilling program. Read more
