First Lithium Minerals Discovers Gold Anomaly at Its Lidstone Prospect in Ontario
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: FLMCF) ha annunciato una scoperta d'oro nel suo progetto completamente posseduto, il Lidstone Prospect, nel nord-ovest dell'Ontario. Durante la prima esplorazione di ricognizione sul campo nell'ottobre 2024, l'azienda ha raccolto 54 campioni di roccia, con un campione proveniente da una vena di quarzo che ha restituito 0.272 g/t Au.
La proprietà di Lidstone, situata vicino al confine del bacino del fiume English, consiste in unità metasedimentarie, tra cui metagreywacke, metasiltstone e meta-argillite. Sebbene il campionamento delle pegmatiti LCT non abbia mostrato mineralizzazioni significative di litio, portando a una revisione del programma di esplorazione, l'azienda ha identificato un potenziale per la mineralizzazione d'oro.
L'azienda prevede di condurre ulteriori analisi geologiche e proseguire l'esplorazione sia per l'oro che per il litio nel secondo e terzo trimestre del 2025. Il lavoro di esplorazione è stato svolto da Bayside Geoscience di Thunder Bay, Ontario, con campioni analizzati presso i laboratori AGAT seguendo rigorosi protocolli di QA/QC.
First Lithium Minerals Corp. (CSE: FLM) (OTC: FLMCF) ha anunciado un descubrimiento de oro en su proyecto completamente propio, el Lidstone Prospect, en el noroeste de Ontario. Durante la primera exploración de reconocimiento de campo en octubre de 2024, la empresa recolectó 54 muestras de roca, con una muestra de una veta de cuarzo que arrojó 0.272 g/t Au.
La propiedad de Lidstone, situada cerca del límite de la cuenca del río English, consiste en unidades metasedimentarias, incluyendo metagreywacke, metasiltstone y meta-argilita. Aunque el muestreo de las pegmatitas LCT no mostró mineralización significativa de litio, lo que llevó a una revisión del programa de exploración, la empresa identificó potencial para la mineralización de oro.
La empresa planea realizar un análisis geológico adicional y continuar la exploración tanto de oro como de litio en el segundo y tercer trimestre de 2025. El trabajo de exploración fue realizado por Bayside Geoscience de Thunder Bay, Ontario, con muestras analizadas en los laboratorios AGAT siguiendo estrictos protocolos de QA/QC.
퍼스트 리튬 미네랄스 Corp. (CSE: FLM) (OTC: FLMCF)는 온타리오 북서부에 위치한 자사의 전액 출자한 리드스톤 프로스펙트에서 금 발견을 발표했습니다. 2024년 10월에 실시된 초기 정찰 현장 탐사 중, 회사는 54개의 암석 샘플을 수집했으며, 그 중 하나의 석영 정맥 샘플에서 0.272 g/t Au가 나왔습니다.
리드스톤 소유지는 잉글리시 리버 분지 경계 근처에 위치하며, 메타퇴적암 단위로 구성되어 있습니다. 메타그레이와케, 메타실트스톤 및 메타아르질라이트를 포함합니다. LCT 페그마타이트의 샘플링에서는 중요한 리튬 광물화가 나타나지 않아 탐사 프로그램의 수정이 필요했으나, 회사는 금 광물화의 가능성을 확인했습니다.
회사는 2025년 2분기/3분기에 금과 리튬에 대한 추가 지질 분석을 실시하고 탐사를 계속할 계획입니다. 탐사 작업은 온타리오주 썬더 베이에 있는 베이사이드 지질과학이 수행하였으며, 샘플은 AGAT 연구소에서 엄격한 QA/QC 프로토콜에 따라 분석되었습니다.
First Lithium Minerals Corp. (CSE: FLM) (OTC: FLMCF) a annoncé une découverte d'or sur son projet entièrement détenu, le Lidstone Prospect, dans le nord-ouest de l'Ontario. Lors d'une première exploration de reconnaissance sur le terrain en octobre 2024, la société a recueilli 54 échantillons de roche, dont un échantillon provenant d'une veine de quartz a donné 0.272 g/t Au.
La propriété de Lidstone, située près de la limite du bassin de la rivière English, se compose d'unités métasédimentaires, y compris de la métagreywacke, du metasiltstone et de la méta-argilite. Bien que l'échantillonnage des pegmatites LCT n'ait montré aucune minéralisation significative en lithium, ce qui a conduit à une révision du programme d'exploration, la société a identifié un potentiel de minéralisation d'or.
La société prévoit de réaliser une analyse géologique supplémentaire et de poursuivre l'exploration pour l'or et le lithium au cours du 2e et 3e trimestre 2025. Le travail d'exploration a été effectué par Bayside Geoscience de Thunder Bay, Ontario, avec des échantillons analysés dans les laboratoires AGAT selon des protocoles stricts de QA/QC.
First Lithium Minerals Corp. (CSE: FLM) (OTC: FLMCF) hat eine Goldentdeckung in seinem vollständig im Besitz befindlichen Lidstone Prospect im Nordwesten von Ontario bekannt gegeben. Während der ersten Erkundung im Feld im Oktober 2024 sammelte das Unternehmen 54 Gesteinsproben, wobei eine Probe aus einem Quarzgang 0.272 g/t Au ergab.
Das Lidstone-Gelände, das sich in der Nähe der Grenze des English River Basin befindet, besteht aus metasedimentären Einheiten, einschließlich Metagreywacke, Metasiltstone und Meta-Argillite. Während die Probenahme von LCT-Pegmatiten keine signifikante Lithiummineralisierung zeigte, was zu einer Überarbeitung des Explorationsprogramms führte, identifizierte das Unternehmen Potenzial für eine Goldmineralisierung.
Das Unternehmen plant, weitere geologische Analysen durchzuführen und die Exploration sowohl für Gold als auch für Lithium im 2. und 3. Quartal 2025 fortzusetzen. Die Explorationsarbeiten wurden von Bayside Geoscience in Thunder Bay, Ontario, durchgeführt, wobei die Proben gemäß strenger QA/QC-Protokolle in den AGAT-Labors analysiert wurden.
- Discovery of gold mineralization (0.272 g/t Au) in quartz vein
- 100% ownership of Lidstone Prospect
- Property located in established gold mining district
- No significant lithium mineralization found in LCT pegmatites
- Need to revise lithium exploration program due to poor results
Toronto, Ontario--(Newsfile Corp. - March 3, 2025) - First Lithium Minerals Corp. (CSE: FLM) (OTC Pink: FLMCF) (FSE: X28) ("First Lithium Minerals" or the "Company") is pleased to announce the discovery of the gold anomaly at its
First Lithium Minerals conducted its first reconnaissance field exploration at Lidstone in October 2024 by visiting the property and collecting rock samples. In total, 54 rock samples were collected from outcrops of interest for gold, lithium, copper and nickel.
The Lidstone property occurs proximal to the boundary of the metasedimentary dominated English River Basin with the greenstone and plutonic complexes of the Uchi Domain. Lithologies within the Lidstone properties consist of metasedimentary units including metagreywacke, metasiltstone and meta-argillite with minor iron formations, migmatized supracrustal rocks, mafic to intermediate greenstone belt of basaltic/andesitic flows, tuffs and breccias.
The outcrop sampling data from collected LCT pegmatites did not result in new Li pegmatite targets as the assay data returned a lack of anomalous Li, Cs, Ta, Nb assay results. The Company will conduct a further geological analysis and revise its LCT pegmatites exploration program.
The results of the first field exploration on the prospect showed, however, potential for gold mineralization. A sample from a white / translucent, barren quartz vein returned 0.272 g/t Au (Figure 1). The sample and surrounding geology will be further investigated for potential economic gold mineralization on the Lidstone property in the 2025 field season.
Figure 1. Field photograph of sample F730305 taken from a quartz vein that returned 0.272 g/t Au
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Figure 2. Grab sample locations from the 2024 Lidstone exploration program overlain on geological interpretation
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Rob Saltsman, CEO and Director of First Lithium Minerals, commented: "Our field exploration results at Lidstone are highly encouraging and deliver a new thesis that gold mineralization might be present in the area of the prospect. This is not entirely surprising since northwestern Ontario is an established gold mining district. We are currently conducting detailed geologic research and analysis of the results in the prospect area and eager to commence more extensive exploration for gold and lithium in the upcoming exploration season."
The exploration work was conducted by Bayside Geoscience of Thunder Bay, Ontario. The Company is planning to follow up on the exploration for gold and LCT pegmatites at its Lidstone Prospect in Q2/Q3 2025.
QA/QC
Grab samples were collected by field personnel utilizing rock hammers and chisels. Each sample was accompanied by a detailed description of lithology, alteration and mineralization and geolocated utilizing a handheld Garmin GPSMap 64sx GPS. 1-2kg rock samples were placed into poly bags along with a unique sample tag and sealed with a zip tie in the field.
Field personnel personally transported all samples from the 2024 program to AGAT Laboratories in Thunder Bay. Assay preparation consisted drying <5kg, crushing the sample to a powder where
Grab samples are selective in nature and may not be representative of the overall mineralization or characteristics of the bedrock geology from which they were sampled.
About First Lithium Minerals
First Lithium Minerals is a Canadian mineral exploration and development company. The Company is exploring for lithium and alkali metals at its
Additional information about the Company is available on the Company's website: www.firstlithium.ca
Qualified Person
Steven Flank, P.Geo, M.Sc is the designated Qualified Person for this news release within the meaning of National Instrument 43-101 ("NI 43-101") and has reviewed and verified that the technical information contained herein is accurate and approves of the written disclosure of the same. Mr. Flank is a Professional Geoscientist in good standing with the Professional Geoscientists Ontario (PGO) and is the President and Principal Geologist of Bayside Geoscience.
For further information please contact:
First Lithium Minerals Corp.
40 King Street West, Suite 2400
Toronto, Ontario
M5H 3Y2
Tel: 416-402-2428 Email: rob@firstlithium.ca
Rob Saltsman, CEO and Director
Caution Regarding Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of applicable securities laws. Any such forward-looking information may be identified by words such as "expects", "anticipates", "intends", "contemplates", "believes", "projects", "plans", and similar expressions. Readers are cautioned not to place undue reliance on forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: prospecting and exploration activities, geological, geophysical, and geochemical surveys, its results and interpretation, studies and interpretations of historical exploration and geological information, drill target definition, permitting, licences, environmental laws and regulations, changes in government regulations and laws, obtaining social licence to explore and operate, community engagements, timing of exploration activities, the discovery and delineation of mineral deposits/resources/reserves, general business, economic, competitive, reliance on third parties, the actual results of operations, and other risks of the natural resources industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. The Company disclaims any obligation to update or revise any forward-looking statements information, except in accordance with applicable securities laws. Accordingly, readers should not place undue reliance on forward-looking information.
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FAQ
What gold grades were discovered in First Lithium Minerals' (FLMCF) Lidstone Prospect?
When will First Lithium Minerals (FLMCF) commence its next exploration phase at Lidstone?
How many rock samples were collected during FLMCF's initial Lidstone exploration?
What were the lithium exploration results at FLMCF's Lidstone property?
