Lithium

Andrew Lyons, current director and CFO of Foremost Lithium Resource & Technology Ltd. (CSE: FAT) ("the Company") announces he is forfeiting his total allocated 3 million unvested Performance Share Units (PSUs) pursuant to the Company's Performance Share Unit Plan.

Andrew Lyons will retain his previously awarded and vested 500,000 PSUs.

Andrew Lyons
Director & CFO
Foremost Lithium Resource & Technology
Email: andrew.lyons@foremostlithium.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/145619

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Foremost Lithium

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Foremost Lithium Receives Work Permit to Commence a 3,000 Metre Drill Program on Jean Lake Lithium Property in Snow Lake Manitoba

Foremost Lithium Receives Work Permit to Commence a 3,000 Metre Drill Program on Jean Lake Lithium Property in Snow Lake Manitoba

Highlights

  • The focus of this drill program will be the Beryl Dyke B1 which returned two grab samples assaying 3.89 and 5.17% Li2O, and Beryl Dyke B2 which returned three grab samples assaying 3.81, 4.09 and 4.74% Li2O in addition to linear UAV-assisted magnetic trends overlain by soils with elevated lithium content (see figure 1)

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Foremost Lithium to Sell Interest in Hidden Lake Property for C$3.5 Million

Foremost Lithium to Sell Interest in Hidden Lake Property for C$3.5 Million

Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTCQB: FRRSF) (FSE: F0R0) (WKN: A3DCC8) ("Foremost" or the "Company") (www.foremostlithium.com) is pleased to announce that it has signed a binding term sheet with respect to the sale of its 60% interest in the Hidden Lake Project in Yellowknife, NWT for C$3.5 million to an arm's length party.

The Company has received a C$100,000 non-refundable deposit in connection with signing the term sheet. The closing of the transaction and receipt of the remaining C$3.4 million of the purchase price is expected to occur within 30 days, subject to the parties entering into and approving definitive binding documentation, final due diligence by the purchaser, receipt of applicable third-party consents and other customary conditions for a transaction of this nature.

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Foremost Lithium Completes Drone Magnetic Survey on 43,000+ Acres of Its Properties in Snow Lake, Manitoba

Foremost Lithium Completes Drone Magnetic Survey on 43,000+ Acres of Its Properties in Snow Lake, Manitoba

Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTCQB: FRRSF) (FSE: F0R0) (WKN: A3DCC8) ("Foremost" or the "Company") (www.foremostlithium.com) is pleased to announce that it recently completed a UAV-assisted high-resolution airborne magnetic survey on its "Lithium Lane" Properties near the historic mining town of Snow Lake, west-central Manitoba. Foremost contracted EarthEx Geophysical Solutions Inc. (Selkirk, Manitoba), which flew a total of 7,472.7-line km over the entire 43,031 acre17,414hectares land package.

UAV-Borne Magnetic Surveys
UAV-flown high resolution magnetic data lends itself very well finding new prospective drill targets (Figures 1 and 2 below) with precision using high-resolution UAV more commonly known as a drone. The UAV system's resolution has provided excellent litho-structural detail over all Foremost's Lithium Lane Properties and has generated detailed 3D models of the magnetic sources on the properties. The magnetic survey can provide valuable exploration information such as depth to source, dip of the body as well as the overall shape and morphology of the lithological unit. The resolution of the survey allows targeting of bedrock structures which may host lithium pegmatite deposits, which when coupled with 3D products from inversion of magnetic survey data provides an excellent source of information for Foremost Lithium to define drill-targets on their property based on their magnetic signatures including both magnetic and non-magnetic targets.

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Foremost Lithium Announces Amendment of PSU Plan, Cancellations and New Grants of PSUs and Announces Change to Executive Management

Foremost Lithium Announces Amendment of PSU Plan, Cancellations and New Grants of PSUs and Announces Change to Executive Management

Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTCQB: FRRSF) (FSE: F0R0) (WKN: A3DCC8) (www.foremostlithium.com) ("Foremost Lithium, Foremost or the Company) announces a number of changes to its Performance Share Unit Plan previously adopted on January 17, 2022 (the "PSU Plan"), and issued and Performance Share Units ("PSUs") outstanding thereunder.

As previously disclosed in the Company's Canadian Securities Exchange filings, during the financial year ended March 31, 2022, the Company had previously granted an aggregate of 15,999,996 PSUs to the Company's board and management.

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Foremost Lithium Prepares to Drill High-Grade Beryl Pegmatites at Their 100% Owned Jean Lake Lithium Property in Snow Lake, Manitoba

Foremost Lithium Prepares to Drill High-Grade Beryl Pegmatites at Their 100% Owned Jean Lake Lithium Property in Snow Lake, Manitoba

Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTCQB: FRRSF) (FSE: F0R0) (WKN: A3DCC8) (www.foremostlithium.com) ("Foremost Lithium, Foremost or the Company") is pleased to announce that it has commenced preparations for a winter diamond drill program on its 100% owned 2,476 acre1,002 hectare Jean Lake Lithium Property situated in the mine-friendly district of Snow Lake, Manitoba. The drill targets will include the high-grade spodumene-bearing Beryl pegmatite dykes where grab sample assays of 3.89% and 5.17% Li2O were received from pegmatite dyke B1 and 3.81%, 4.09% and 4.74% Li2O from pegmatite dyke B2 in August 2021. Elsewhere on the property coincident drone ("UAV" or Unmanned Aerial Vehicle) magnetic lows with coincident anomalous responses for lithium, cesium, rubidium, and niobium in soil samples analyzed with Mobile Metal Ion Technology (MMI) will be drill tested.

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Noram Highlights Milestones During 2022

Noram Highlights Milestones During 2022

Noram Lithium Corp. ("Noram" or the "Company") (TSXV:NRM)(OTCQB:NRVTF)(Frankfurt:N7R) is pleased to review the Company's activities during 2022 and to highlight upcoming catalysts at its 100%-owned high-grade Zeus Lithium Project in Clayton Valley, Nevada

Highlights of 2022 Corporate Milestones:

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ACME Lithium Provides Exploration and Development Update at Nevada Lithium Brine Project

ACME Lithium Provides Exploration and Development Update at Nevada Lithium Brine Project

ACME Lithium Inc. (CSE: ACME) (OTCQX: ACLHF) (the "Company", or "ACME") is pleased to provide a corporate update regarding its upcoming Phase 2 multi-hole drill program at its Clayton Valley Nevada lithium brine project.

Following ACME's lithium brine discovery announcement on August 17th, 2022, the Phase 2 drill program and NOI covers a large diameter test well (TW-1) for completion of brine aquifer permeability testing and sampling, and will also include up to three (3) new exploration holes DH-1A, DH-2, and DH-3 with objectives to examine deeper horizons through zonal isolated testing, assess stratigraphy, and the potential for continuity between the stratigraphic units encountered in DH-1.

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Infinity Stone Announces Winter Drill Program on Buda Lithium Project

Infinity Stone Announces Winter Drill Program on Buda Lithium Project

Highlights

  • Infinity Stone announces Winter Drill Program with intended commencement on December 5, 2022.
  • Winter Drill Program follows the recovery of grab samples assaying up to 367 ppm Li, 2,090 ppm Rb, and 4,200ppm Be, and channel samples up to 1,408 ppm Rb over 4 metres.
  • The Winter Drill Program will cover 400 to 600 metres, depending on initial results.

Infinity Stone Ventures Corp. (CSE: GEMS) (OTCQB: GEMSF) (FSE: B2I) (the "Company" or "Infinity Stone"), is pleased to announce its winter drill program on the Buda Lithium Project ("Winter Drill Program"), to test pegmatite layers perpendicular to outcrop zones. The Company anticipates having pre-drill surveying of roads, trails and pads completed by November 30, 2022, with mobilisation of drill equipment following thereafter and commencement by December 5th, 2022.

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ACME Lithium to Present at the Emerging Growth Conference 45

ACME Lithium to Present at the Emerging Growth Conference 45

ACME Lithium Inc. (CSE: ACME) (OTCQX: ACLHF) (the "Company", or "ACME") is pleased to announce that the Company will be presenting at the Emerging Growth Conference 45.

This live, interactive online event will give shareholders and the investment community the opportunity to attend a presentation by President and CEO, Stephen Hanson followed by a Q and A.

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CANADA SILVER COBALT Amends Warrants and Announces Warrant Exercise Incentive Program

CANADA SILVER COBALT Amends Warrants and Announces Warrant Exercise Incentive Program

(TheNewswire)

Canada Silver Cobalt Works Inc.

Coquitlam, BC TheNewswire - November24, 2022 - Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the "Company" or "Canada Silver Cobalt") announces that further to its news release dated September 19, 2022, it is amending the terms of an aggregate of 3,798,800 outstanding common share purchase warrants ("Warrants") issued pursuant to a private placement that closed on November 25, 2020. The Warrants have an exercise price of $0.80 and an expiry date of November 27, 2022. The Company will amend the Warrant exercise price to $0.1125 per share and extend the Warrant expiry date by two years to November 27, 2024.

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Nevada Silver Corporation Plans Name Change to Reference Its Battery and Technology-Related Minerals Portfolio

Nevada Silver Corporation Plans Name Change to Reference Its Battery and Technology-Related Minerals Portfolio

Nevada Silver Corporation (TSXV: NSC) (OTCQB: NVDSF) ("NSC" or the "Company") is pleased to announce plans for a corporate name change to "Electric Metals (USA) Limited" ("Electric Metals"). The Company feels that the change of name, which will be subject to all required regulatory, TSX Venture Exchange ("TSXV"), and shareholder approvals, will better reflect the entirety of its value proposition as a developer of battery and technology-related minerals, including its US manganese and silver properties.

NSC's CEO Gary Lewis commented, "our existing portfolio of assets includes the Emily Manganese Project in Minnesota, which contains a high-grade manganese deposit. We believe there is burgeoning domestic US demand for metals and materials essential to the operation of electric vehicles, rechargeable batteries, and other high-tech industries. As a result, a corporate name that only references the "silver" aspect of our operations is no longer appropriate for the Company."

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