08:50 AM EDT, 08/14/2024 (MT Newswires) -- Foremost Lithium Resource & Technology ( FMST ) , a North American hard-rock lithium exploration company, on Wednesday announced "positive" results from a completed 5,826-metre drilling campaign at its Manitoba Zoro Lithium property.
The drilling program targeted untested mineralization at depth, south-east of Dyke 1, the company's maiden inferred resource of 1.07 million tons at a grade of 0.91% Li2O, with a cut-off of 0.3%. Assay results included 1.52% Li2O over 5.02m in drill hole FL24-009, 1.10% Li2O over 9.88m in drill hole FL24-010, and 0.80% Li2O over 9.05m in drill hole FL24-020.
"As the world continues its energy transition, lithium projects in friendly nations close to industrial demand centres are poised to play a key role," says President and CEO Jason Barnard. "To that end, I firmly believe that Foremost's lithium project portfolio could help make Canada into a leading supplier of lithium to North American industry."