Foremost Lithium Receives a Permit to Extract a Bulk Sample from its Zoro Lithium Project: First Step Towards the Production of 6% Battery-Grade Lithium Hydroxide Resource
Foremost Lithium Receives a Permit to Extract a Bulk Sample from its Zoro
Lithium Project: First Step Towards the Production of 6% Battery-Grade Lithium
Hydroxide Resource
Vancouver British Columbia, January 06, 2022, Foremost Lithium Resource &
Technology (CSE:FAT) (OTC Pink:FRRSF) (FSE:F0R) (www.foremostlithium.com)
(“Foremost” or the “Company”) is pleased to announce it has received a permit from
the Province of Manitoba to extract a bulk sample from its Zoro Lithium Project located
in the historic mining district of Snow Lake, Manitoba.
Foremost Lithium plans to extract a 500-kilogram bulk sample of spodumene-bearing
pegmatite from Dyke 1 on its Zoro Lithium Project. The bulk sample will be shipped to a
reputable third party for metallurgical testing and process development. A 2020 peer
reviewed technical publication co-authored with SGS Mineral Services concluded that
spodumene-bearing pegmatite from Zoro Dyke 1 can be processed using industry
standard metallurgy to produce a 6% battery-grade lithium (Li2O) concentrate.i The
goal for the upcoming 500 kg bulk sample is to demonstrate that pegmatite from the
Company’s Zoro Lithium Project is suitable to produce battery-grade lithium hydroxide
(LiOH) thereby making it viable to market its lithium to strategic partners prior to
development.
Scott Taylor, President and CEO of Foremost Lithium states “In addition to the Zoro
Lithium Project, recently collected samples from our Jean Lake Lithium Project returned
high-grade assays of 3.89% to 5.17% Li2O%. Given the similarity in mineralogy of the
Beryl pegmatite to Dyke 1 on the Zoro property, the potential to produce battery-grade
lithium hydroxide from the Beryl pegmatite is a distinct possibility. As such, the
extraction of a bulk sample at the Beryl pegmatite for purposes of third-party metallurgy
is currently being planned. This is the first step in our journey and commitment to
shareholders to deliver a secure domestic supply of battery-grade lithium hydroxide”
About Foremost Lithium
Foremost Lithium is an energy tech company driven to being one of the first North
American Companies committed to produce high quality battery-grade lithium hydroxide
domestically to fuel the electric vehicle battery market. Given the importance and global
focus on increasing energy decarbonization, especially when it comes to vehicles, The
Company is hyper-focused in continued exploration and growth on its three lithium
properties, Jean Lake and Zoro located in Snow Lake, Manitoba, and Hidden Lake in
the Northwest Territories. Foremost Lithium also holds assets in precious commodities
with its Winston Gold/Silver Project in New Mexico, USA.
Scott Taylor
President and CEO
Foremost Lithium Resource &Technology
1 604 330-8067
The Canadian Securities Exchange has neither approved nor disapproved the contents of this
news release and accepts no responsibility for the adequacy or accuracy hereof.
Forward Looking Statements
All statements in this press release, other than statements of historical fact, are "forward-looking
information" with respect to Foremost within the meaning of applicable securities laws.
Foremost provides forward-looking statements for the purpose of conveying information about
current expectations and plans relating to the future and readers are cautioned that such
statements may not be appropriate for other purposes. By its nature, this information is subject
to inherent risks and uncertainties that may be general or specific and which give rise to the
possibility that expectations, forecasts, predictions, projections or conclusions will not prove to
be accurate, that assumptions may not be correct and that objectives, strategic goals and
priorities will not be achieved. These risks and uncertainties include but are not limited to market
conditions, exploration findings, results and recommendations, as well as those risks and
uncertainties identified and reported in Foremost’s public filings under Foremost’s SEDAR
profile at www.sedar.com. Although Foremost has attempted to identify important factors that
could cause actual actions, events or results to differ materially from those described in forward-
looking information, there may be other factors that cause actions, events or results not to be as
anticipated, estimated or intended. There can be no assurance that such information will prove
to be accurate as actual results and future events could differ materially from those anticipated
in such statements. Foremost disclaims any intention or obligation to update or revise any
forward-looking information, whether as a result of new information, future events or otherwise
unless required by law.
i [1] Tassos Grammatikopoulos1 & Massoud Aghamirian1 & Mark Fedikow2 & Toby Mayo3 Mineralogical
Characterization and Preliminary Beneficiation of the Zoro Lithium Project, Manitoba, Canada. Received: 1 June
2020 /Accepted: 27 August 2020. Society for Mining, Metallurgy & Exploration Inc. 2020