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Foremost Lithium Gets a Multi-Year Work Permit to Start Drilling on its Gold/Lithium Property

Foremost Lithium Resource & Technology Ltd., a hard-rock lithium exploration company in North America, announced that it has obtained a multi-year work permit for its Jean Lake Lithium/Gold Project from the Mining Permit Office of the Manitoba Government.

Foremost Lithium Gets a Multi-Year Work Permit to Start Drilling on its Gold/Lithium Property
Map Highlighting B-1, and B-2 in Proximity to Other Trends and Deposits in the Area. Image Credit: Foremost Lithium Resource & Technology Ltd.

The permit is valid until April 30th, 2026. With this permit, the Company will be able to minimize any potential work disruptions in a safer and more economical manner, as well as streamline the administrative procedures associated with any future exploration on the property and understand its potential long-term impacts.

Foremost has completed preparations to start a 15-hole, 2,500-m diamond drill program on its Jean Lake Lithium/Gold Project, which is close to Snow Lake, Manitoba's historic mining center, the following month. A drill contract has been signed by the Company and Rodren Drilling Ltd. (Winnipeg, Manitoba).

In Snow Lake, Manitoba, Gogal Air Services will supply the air support, core storage, and preparation facilities. Moss Line Cutting Ltd. will cut the drill pads. Dahrouge Geological Consulting (Edmonton, Alberta) will supply field and technical support for the drilling program.

 Crews have begun mobilizing to Snow Lake, Manitoba in preparation for the winter drill season. The multi-year permit allows our company the flexibility to optimize our future work on the property, which is critical as we seek to rapidly advance our resource development. This is paramount to unlocking the potential of the Jean Lake property and creating sustainable, long-term shareholder value.

Jason Barnard, CEO and President, Foremost Lithium Resource & Technology Ltd.

The northeastern portion of the property, home to the B-1 and B-2 spodumene-bearing pegmatite dykes, will be the focus of the 15-hole program. A 3.35 m zone of spodumene mineralization between the surface and 3.35 m was intersected by previous drilling just north of the B1 pegmatite. The results showed 1.26% Li2O (Lithium) and 7.50 g/t Au (Gold) over 7.66 m from 94.35 to 102.01 m (including 102.0 g/t Au over 0.48 m from 94.77 - 95.25 m).

The goal of the drilling will be to extend the mineralization both laterally and deeply to gain a deeper comprehension of the mechanisms underlying the emplacement of spodumene-bearing pegmatite at Jean Lake. To determine the extent of the gold mineralization, additional drilling will be conducted to follow up on promising gold intercepts found during the Jean Lake drill program in 2023.


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