Foremost Lithium Resource & Technology Ltd. is pleased to announce it has completed the previously announced acquisition of a 100% interest in the Lac Simard South property . This acquisition consists of 60 claims covering 8,612 acres/3,485 hectares and hosts 12 identified pegmatites via satellite imagery. In addition, Foremost independently staked and recorded 20 additional mineral claims which are contiguous with the [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce that it has entered into an agreement amending the terms of it's proposed acquisition of the Lac Simard South Property , previously announced on March 20, 2023. Under the amended terms, the Company will acquire an aggregate of 60 claims located in the Province of Quebec, covering 8,612 acres/3,485 hectares which host 12 identified pegmatites via satellite [...]
Highlights: B1 pegmatite was intersected between 6 and 61 metres with intervals of between 0.5% and 20% spodumene intersected between 9.8 and 25 metres Appearance of gold mineralization with visible gold in core Foremost Lithium Resource & Technology Ltd. is pleased to announce that it has successfully completed a 24-hole 3,002 metre drill program on its Jean Lake Lithium Project located near the historic mining district [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce it has identified numerous future exploration targets from a preliminary analysis of UAV-assisted magnetic and LiDAR surveys on its Lithium Lane properties located near Snow Lake, in the mining friendly province of Manitoba. The surveys were flown by EarthEx Geophysical Solutions Inc. last year and totalled 7,472.7-line km at a flight line azimuth of 070 [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce it has entered into an arm's length property acquisition agreement to acquire 100% interest in the Lac Simard South property in the Province of Quebec, Canada, consisting of 120 mining claims covering approximately 20,349 acres/8,235 hectares . The Property has 24 pegmatites that were identified from satellite imagery. These pegmatites are located [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce receipt of the phase two of its metallurgical report from XPS Expert Process Solutions, A Glencore Company for Dyke 1 on its Zoro Lithium Property located in the mining friendly province of Manitoba. Final test results confirm The Dense Media Separation and flotation of DMS Middlings together, achieved a global lithium recovery of 81.6% at a spodumene [...]
Foremost Lithium Resource & Technology Ltd. As previously disclosed, on January 17, 2022 the Company adopted a performance and restricted share unit plan, which was subsequently amended on September 7, 2022, . The terms of the PSU Plan required that the Plan be submitted to shareholders for ratification and approval within three years of its implementation and thereafter within three years after the anniversary of the [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce that the Company has been approved for a $300,000 grant for the second time in just over two years from the Manitoba Mineral Development Fund . The funds will help support and advance the ongoing 2022/23 3,000-meter diamond drill program on its Jean Lake Lithium Project located in the Snow Lake area of the province of Manitoba. The drill targets at the [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce further to its news release of March 31, 2015, that it has entered into an amended property acquisition agreement pursuant to which it has acquired 100% interest of the Little Granite Claims in the Winston Group of Properties Gold/Silver Project. Under the amended terms, Foremost successfully negotiated the final cash payment required to exercise its [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce the first phase is complete from its Zoro Lithium property bulk sampling and metallurgical program to determine whether the Dyke 1 pegmatite can produce a 6% battery-grade lithium concentrate. Test work confirms spodumene-bearing pegmatite from Zoro Dyke 1 is amenable for production. Jason Barnard, Foremost's President and CEO, comments, "I'm extremely [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce the voting results from its Annual General and Special Meeting of Shareholders , held in Vancouver on Friday, December 02, 2022. All resolutions presented to shareholders were approved apart from the Company's Fixed Performance Unit Plan , which shareholders overwhelmingly rejected with 98.2% voting against. The new Board of Directors acknowledges that [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce that it has completed the sale of its 60% interest in the Hidden Lake Project in Yellowknife, NWT for C$3.5 million to Youssa PTY Ltd., an Australian private company. The transaction was completed pursuant to the terms and conditions of the signed and binding term sheet entered between the parties, previously announced on November 07, 2022. The Hidden Lake [...]
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