Northwire Canada EditionTuesday, July 14, 2026
Sign inSubscribe
Northwire
⌕
TLO 6.00 +13.0% ADE 0.070 −48.1% FAIR 0.055 +22.2% SVRS 0.425 −1.2% RES 0.035 +0.0% CYG 0.120 +0.0% MGG 0.315 −4.5% BUFF 0.770 +2.7% TKO 11.15 +12.0% MINK 0.100 −4.8% LCE 0.240 −4.0% AEF 0.165 +3.1% BEM 0.095 +5.6% APMI 0.120 +0.0% LIO 0.135 +3.9% TLO 6.00 +13.0% ADE 0.070 −48.1% FAIR 0.055 +22.2% SVRS 0.425 −1.2% RES 0.035 +0.0% CYG 0.120 +0.0% MGG 0.315 −4.5% BUFF 0.770 +2.7% TKO 11.15 +12.0% MINK 0.100 −4.8% LCE 0.240 −4.0% AEF 0.165 +3.1% BEM 0.095 +5.6% APMI 0.120 +0.0% LIO 0.135 +3.9%
Drill Results

First Lithium Announces New Gold Discovery up to 2.34 g/t and Additional Claims Staking at Lidstone Project

By The Northwire Desk — AI Analysis Feb 03, 2026 · 06:01 FLM · 0.115 First Lithium Minerals Corp.
FLM · Price

Executive Summary

  • First Lithium Minerals announced a high‑grade gold intercept of 2.34 g/t Au from sample F570631 collected during its 2025 Lidstone field program.
  • The 2025 program generated 229 grab samples (102 quartz veins, 112 metavolcanic/metasedimentary rocks, etc.), with twelve samples returning anomalous gold (0.01‑0.05 g/t Au).
  • Following the discovery, the company staked an additional 2,556 ha of mining claims, expanding the total claim footprint to 16,238 ha, and outlined plans for a higher‑resolution airborne magnetic survey and 2026 field work targeting drill‑ready zones in Q4 2026.

Key Details

  • Program Scope: 10‑day sampling campaign (Nov 2025) conducted by Bayside Geoscience; 229 samples collected across diverse lithologies.
  • Gold Results:
  • One standout sample (F570631) returned 2.34 g/t Au.
  • Twelve additional samples showed anomalous gold values between 0.01‑0.05 g/t Au.
  • Sample Description: F570631 comprised ~80 % sugary quartz with fine‑grained pyrite (1‑2 %). Hosted in metavolcanic/metasedimentary rocks near a granite‑greenstone contact.
  • Claim Expansion: New staking adds 2,556 ha, bringing total owned claims to 16,238 ha on the Lidstone project.
  • Future Work: Planned higher‑resolution airborne magnetic survey and additional 2026 field season work aimed at defining drill‑ready targets by Q4 2026.
  • QA/QC Procedures: Samples collected with rock hammers/chisels, GPS‑geolocated, QA/QC reference material inserted; assayed via fire assay/AAS finish and ICP‑OES/MS after standard crushing/sieving protocols.
  • President & CEO Quote (Rob Saltsman): Emphasized the significance of the high‑grade discovery, expansion of the project’s surface footprint, and intent to continue exploration investment in 2026.

Notable Quotes

“This is one of the most exciting developments at our Lidstone gold project to‑date… we decided to expand the footprint of the project with new mining claims staking, which makes Lidstone a sizeable gold exploration project in Canada’s top gold jurisdiction.” – Rob Saltsman, President & CEO

Materiality Assessment: Material – Positive (new high‑grade gold discovery and significant claim expansion materially enhance the company’s exploration outlook).

Read the original news release →

More from First Lithium Minerals Corp.

Jun 09, 2026 · 06:01

High-grade brine assays at Ascotan fuel next phase of Chilean lithium exploration, funded by recent capital raise.

Drill Results May 25, 2026 · 08:31

First Lithium Secures Runway for Ascotan and Lidstone Projects Amidst Gold Discovery Momentum

Financings Oct 09, 2025 · 12:30

First Lithium starts exploration program at Lidstone

Drill Results Oct 09, 2025 · 06:01

First Lithium Commences Field Work Program at Lidstone Project

Drill Results Sep 26, 2025 · 20:59

First Lithium Minerals closes $75,000 financing

Financings