Welcome to our dedicated page for First Lithium Minerals news (Ticker: flmcf), a resource for investors and traders seeking the latest updates and insights on First Lithium Minerals stock.
First Lithium Minerals Corp (FLMCF) provides investors and industry observers with critical updates through its official news repository. This page aggregates all corporate announcements, exploration progress reports, and strategic developments related to lithium, gold, and critical metals projects in Canada and Chile.
Access verified updates on the Lidstone lithium-gold project in Ontario and the OCA alkali metals concessions in Chile. The curated collection includes press releases about geophysical survey results, mineral claim expansions, and exploration financing initiatives. Investors benefit from direct access to primary source materials without speculative commentary.
Key content categories include project development milestones, geochemical analysis reports, and regulatory filings. All materials maintain factual reporting on exploration techniques like brine sampling and pegmatite mapping. Bookmark this page for streamlined tracking of FLMCF's progress in underexplored mineral districts.
First Lithium Minerals (CSE: FLM) (OTC: FLMCF) has announced promising results from a near-surface sediment geochemical survey at its Salar de Ascotan Project in Chile's Antofagasta Region. The 1,775-hectare property, fully owned by the company, is situated in an established lithium, boron, and copper production district.
The survey, conducted over identified geophysical and drill targets, collected 50 samples at depths between 0.5-1.5 meters. Key findings include maximum values of 245 ppm of lithium and 2,420 ppm of boron in the central west section of the project. The analysis, combined with previous Transient Electromagnetic and Magneto-Telluric surveys, suggests favorable characteristics for potential lithium and boron brine mineralization.
The company plans to commence a 1,500 meters drilling program in H2/25, subject to obtaining required permits. The sampling program followed industry standards with proper QA/QC protocols, with analysis conducted by AGS Laboratory in Chile.
First Lithium Minerals Corp. (CSE: FLM) (OTC: FLMCF) has announced a gold discovery at its wholly-owned Lidstone Prospect in northwestern Ontario. During initial reconnaissance field exploration in October 2024, the company collected 54 rock samples, with one sample from a quartz vein yielding 0.272 g/t Au.
The Lidstone property, situated near the English River Basin boundary, consists of metasedimentary units, including metagreywacke, metasiltstone, and meta-argillite. While the sampling of LCT pegmatites showed no significant lithium mineralization, prompting a revision of the exploration program, the company identified potential for gold mineralization.
The company plans to conduct further geological analysis and continue exploration for both gold and lithium in Q2/Q3 2025. The exploration work was performed by Bayside Geoscience of Thunder Bay, Ontario, with samples analyzed at AGAT Laboratories following strict QA/QC protocols.
First Lithium Minerals Corp. (CSE: FLM) (OTC Pink: FLMCF) (FSE: X28) has completed its previously announced flow-through financing, raising gross proceeds of $40,000. The company issued 266,667 flow-through shares at an issue price of $0.15 per share. All securities issued are subject to a four-month and one-day hold period from the closing date.
Notably, insiders of the company purchased 166,667 flow-through shares, constituting a "related party transaction" under CSE policies and MI 61-101. The company is relying on exemptions from formal valuation and minority shareholder approval requirements, as the fair market value of the transaction involving interested parties does not exceed 25% of the company's market capitalization.
First Lithium Minerals Corp. (CSE: FLM) (OTC Pink: FLMCF) (FSE: X28) has announced its intention to complete a flow-through financing for gross proceeds of $40,000. The company will issue 266,667 flow-through shares at an issue price of $0.15 per share. These shares will qualify as 'flow-through shares' under the Income Tax Act (Canada).
The proceeds will be used to incur eligible 'Canadian exploration expenses' that qualify as 'flow-through critical mineral mining expenditures' related to the Company's Lidstone exploration project in the Thunder Bay Mining Division of northwestern Ontario. These expenditures will be renounced in favor of subscribers with an effective date no later than December 31, 2024. All securities issued will be subject to a four-month and one-day hold period from the closing date.
