FE Battery Metals Corp. announced that it has completed a new magnetic survey that compliments and adds to the area covered by the 2022 magnetic survey at the Augustus Lithium Property in Quebec, Canada. The new magnetic survey was carried out by Vision4K for MB Geosolutions on the August Lithium Project and covered an area that spans 5.5km from east to west with survey lines spaced 25m apart The new survey was conducted via a drone-borne magnetometer and served to slightly overlap and extend magnetic coverage of the Augustus project further to the south and southeast quadrants from the previous helicopter-borne 2022 magnetic survey.

A DJI Matrice 600 Drone conducted the survey which carried a Scintrex CS-VL cesium vapour magnetometer. The Drone employed Real-Time Kinematics, allowing the recording system to maintain centimetre-level accuracy in the horizontal and vertical axis throughout the survey. A total of 277.2 line-kilometers of high-resolution magnetics was completed in the study.

The company has received the full geophysical report and has combined the results of the survey with the previous 2022 effort. In total, the Company now has detailed magnetic coverage that spans 7.75km east to west and approximately 3kms north to south across the August Project. Importantly, the new survey has revealed new areas of NW-SE striking structural anomalies similar those observed within the main Augustus lithium-in-pegmatite zone.

One such area occurs far to the southeast of the Augustus main showing and sits only 2.9kms from Quebec's largest lithium mine, the North American Lithium ("NAL") mine, operated by Sayona Mining.