Linear Minerals Drills 1.02 Percent Lithium Oxide Over 9.95 Meters at Augustus
Rhea-AI Summary
Linear Minerals Corp (OTCQB:LINMF) has announced significant drilling results from its Augustus Lithium Property in Quebec. The key findings include:
Drill hole LC24-93 intersected 1.02% lithium oxide over 9.95 meters at 68.45m depth, with notable rare metal values including beryllium, cesium, and rubidium. A one-meter enriched zone showed 1% Li2O with elevated nickel, manganese, and zinc levels.
Drill hole LC24-94 yielded a lower-grade intercept of 0.39% lithium oxide over 6.9 meters at 61.35m depth, also containing anomalous rare metal values.
The 2024 drill program comprised 11 holes totaling 1,558 metres, bringing the property's cumulative diamond drilling to 18,165.64 metres across 100 holes. The Augustus Property spans over 15,000 hectares, located approximately 40 kilometres northwest of Val d'Or.
Positive
- High-grade lithium intersection of 1.02% Li2O over 9.95m in hole LC24-93
- Presence of valuable rare metals (Be, Cs, Nb, Ta, Rb) in drill results
- Company owns 100% interest in the extensive 15,000-hectare property
- Substantial drilling progress with 100 holes completed
Negative
- Lower grade lithium results in hole LC24-94 (0.39% Li2O)
- True width of mineralization not yet determined
News Market Reaction – LINMF
In the trading session that priced this news, LINMF declined 2.38%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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VANCOUVER, BC / ACCESS Newswire / March 27, 2025 / Linear Minerals Corp. ("formerly FE Battery Metals Corp") (CSE:LINE)(OTCQB:LINMF)(WKN:A2J C89) ("Linear" or the "Company") is pleased to announce results of Drill Holes LC24-93 and LC24-94 from 2024 exploratory drill program at its Augustus Lithium Property in Quebec, Canada. The drill hole LC24-93 intersected 1.02 percent (%) lithium oxide (Li2O) over 9.95 m at 68.45 drilled dept, and the drill hole LC24-94 intercepted a
Highlights
LC24-93
The main lithium intercept is 9.95 m wide with an average 1.02 percent Li2O at 68.45 m drilled depth with anomalous values of 174 ppm Be, 55 ppm Cs, 58 ppm Ga, 1,383 ppm Rb, 98 ppm Nb, and 92 ppm Ta.
There is one m wide lithium and rare metals enriched zone in the basement section with
1% Li2O at a drilled depth of 62.80 m, with 2,040 ppm Cs, 91 ppm Ga, and 9,080 ppm Rb. This section is also marked with 759 ppm nickel (Ni), 850 ppm manganese (Mn) and 203 ppm zinc (Zn).
LC24-94
There is one lower grade lithium intercept 6.9 m wide with an average 0.39 percent Li2O at 61.35 m drilled depth with anomalous values of 148 ppm Be, 62 ppm Cs, 72 ppm Ga, 1,287 ppm Rb, 92 ppm Nb, and 92 ppm Ta.
Drill Program Details:
Drill hole LC23-93 was drilled at location 5367764.75N, 287300.476E, UTM NAD 1983 Zone 18N, at azimuth 214.54 degrees (true north) and dip -68 with a drilled depth of 149 m. The drill hole was placed at the main Augustus zone.
Drill hole LC23-94 was drilled at location 5367727.661N, 287338.685E, UTM NAD 1983 Zone 18N, at azimuth 204.54 degrees (true north) and dip -73 with a drilled depth of 128 m. The drill hole was placed at the main Augustus zone.
The drill program was designed based on historical and current exploration data. Drilling was conducted by Forage Pelletier Drilling of Chapais, Quebec, and core logging and sampling took place at a core shack in St-Dominique du Rosaire, approximately 50 km from the property. The 2024 drill program included 11 drill holes, totaling 1,558 metres. To date, a total of 100 drill holes have been completed on the Property, with a cumulative diamond drilling of 18,165.64 metres.
Drill core was sampled using a rock saw. For quality control and assurance (QA/QC), field duplicates, standards, and blanks were inserted at industry-standard intervals. Samples were bagged and tagged using best practices before being delivered to AGAT Laboratories in Val-d'Or, QC, for analysis. AGAT performed Sodium Peroxide Fusion with ICP-OES and ICP-MS Finish (Code 201-378). AGAT is an independent, accredited laboratory with ISO certification for certain tests.
Qualified Person:
Afzaal Pirzada, P.Geo., Geological Consultant of the Company, and a "Qualified Person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.
About the Augustus Lithium Property
The Company owns
ON BEHALF OF THE BOARD OF
Linear Minerals Corp.
"Gurminder Sangha"
Gurminder Sangha
CEO & Director
For further information, please contact the Company at: info@febatterymetals.com
Neither the Canadian Securities Exchange (CSE) 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 contains forward-looking information within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding the Company's exploration plans, potential mineralization, and future activities. While the Company believes the assumptions underlying such information are reasonable, actual results may vary, and undue reliance should not be placed on forward-looking statements.
Table 1: Drill Hole LC24-93 Sample assays highlights
Table 2: LC24-94 Sample Assay Highlights
Note: A standard conversion factor of 2.15 was used to report Li to Li2O values
All intersections reported are based on drilled width and have not been converted to the true width.
SPD - Spodumene Pegmatites
SOURCE: Linear Minerals Corp.
View the original press release on ACCESS Newswire