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First Energy Metals Ltd.
Summary
| Project: | Phyllis | |
|---|---|---|
| Deposit: | Phyllis | |
| Location: | Canada | |
| Commodities: | Cobalt-Copper-Nickel | |
| Date: | 8/9/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-8-2018: First Energy Metals Ltd. announces a Supporting Acquisition report for its Phyllis deposit at the Phyllis project. Summary of property to meet TSX requirements. Kristian Whitehead. P.Geo. (“the author”) was retained by First Energy Metals Ltd. ( | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kristian Whitehead (Infiniti Drilling Corp.) | |
| ABSTRACT: | Kristian Whitehead. P.Geo. (“the author”) was retained by First Energy Metals Ltd. (“First Energy” or “the Company”) to prepare an independent Technical Report on the Phyllis Cobalt Property (“the Property”). The purpose of the report is to meet the Toronto Stock Exchange requirements and to support future financings. Located in the Kenora Mining District of Ontario, the property consists of 117 mineral claim units totalling 2113 hectares in Grummet and Cathcart townships. The property boasts yearround access 192km northwest of Thunder Bay, ON via Hwy 17 and 9km south on a gravel forestry road. First Energy Metals Ltd. has the option to own 100 % of the Mineral Claims by making cash payments, issuing shares and carrying out exploration work. The Phyllis claim block occupies the central portion of an ENE-WSW trending greenstone belt, consisting of Mesoarchean to Neoarchean age mafic to ultramafic rocks. These are bound by granite of varying composition -ranging from tonalite to biotite-granodiorite. Recent mapping undertaken by the Ontario Geological Survey includes a small portion of the Phyllis claims, suggests that there is a greater abundance of ultramafic metavolcanics than previously indicated. The regional foliation follows the general trend of the greenstone belt. Historically, the initial cobalt discovery on the Property was made in 2010 by Don Dobransky, named the “Phyllis Central” occurrence. This discovery is characterized by a 80m x 60m outcrop and appears as a fairly structureless gabbro, with the exception of an array of narrow quartz veins and veinlets, which have sharp contacts with the country rock and trend roughly NE-SW and appear to have been intruded relatively recently. The gabbro itself is fine-to medium grained and appears highly altered. The exposed outcrop follows the northern flank of a gentle hill. Earlier excavations focussed in the uppermost parts of the topographic profile. This work confirmed the presence of cobalt mineralization. | |
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