First Energy Metals Samples Bonanza-Grade 82.30 G/T Gold From Scramble Mine Gold Property

First Energy

First Energy Metals Ltd. (CSE:FE) (OTC:ASKDF) (FRA: DFLB) announced outstanding assay results this morning from grab samples taken from its Scramble Mine Gold property in northwestern Ontario. A total of 10 grab samples were collected during a second round of prospecting and samples work, revealing gold assays that range from 5.03 grams per tonne (g/t) all the way up to a whopping 82.30 g/t, for an average value of 29.34 g/t.

The work, which was carried out in August 2020, was focused on finding historically reported mineralization areas near the Scramble, mapping gold mineralization veins and structures, and developing a detailed Phase 2 exploration program.

“We are very pleased with the results of two rounds of sampling work on the Scramble Mine property,” said First Energy Metals CEO Gurminder Sangha. “The Company is waiting for permitting to carry out bulk sampling on the property for metallurgical testwork and looking into the possibility of putting up a small-scale gold processing plant onsite to take advantage of historically high gold prices if possible. The Company will update on the progress of the permitting process which is going slow in this COVID pandemic situation.”  

Uncovering Bonanza-Grade Potential at Scramble

First Energy Metals may have just acquired the Scramble Mine gold property in June, but the land holds a ton of promise and the company is just starting to scratch the surface.

The mine, which was discovered back in 1894, consists of six mining claims covering roughly 140 hectares of land in the Kenora Mining District in Northwestern Ontario. After an initial exploration phase that year, the property remained dormant until 1984 when Boise Cascade Canada Ltd. commenced an evaluation of the property.

Since 1984, the Scramble Mine property has undergone approximately 5,200 meters of diamond drilling, 250 meters of surface stripping with sampling, and 450 meters of underground development. The historical resource at the property is estimated at 150,000 tons at an average grade of 6.8 grams/ton, with grades of up to 259 g/t. The deposit is documented to have 70,000 ounces of contained gold using a cutoff grade of 1.42 g/t.

Moving forward, First Energy Metals will use the grab surface samples to develop a detailed Phase 2 exploration work plan and will provide an update on the progress of the permitting process, which has been slightly delayed due to COVID-19.

For more information on First Energy Metals Ltd. (CSE:FE) (OTC:ASKDF) (FRA: DFLB), click here.

Featured image: DepositPhotos © scanrail

Please See Disclaimer

About the author: A resourceful, enthusiastic and organized senior financial news writer with over seven years of experience writing news (articles, stock updates and analysis, editorials, research reports), marketing content (landing pages, press releases, mailers, investor decks, creatives), website copy, interviewing, social media and SEO strategies, website design and copy editing.