FIRST ENERGY METALS LTD.
(Formerly “AGAVE SILVER CORPORATION”)
A NEW
CANADIAN
LCT (Lithium-Cesium-Tantalum)
PEGMATITE
LITHIUM
DISCOVERY-
NEW TEAMNEW COMPANY
STRUCTURE
Southern Calif.
Edison 10MW
Energy Storage
(“Lithium Battery”)
Facility.
Operational Jan. 2017
Cautionary Statement
This presentation contains “forward-looking information” within the meaning of applicable Canadian securities regulations and
“forwarding-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively,
“forward-looking information”). The forward-looking information contained in this presentation is made as of the date of this presentation.
Except as required under applicable securities legislation, First Energy Metals Ltd (“FE”) does not intend, and does not assume any obligation,
to update this forward-looking information.
Forward-looking information includes, but is not limited to, statements with respect to the future price of minerals and the effects thereof,
the estimation of mineralization, the timing and amount of estimated capital expenditures, costs and timing of proposed activities, plans and
budgets for and expected results of exploration activities, permitting time-lines, requirements for additional capital, government regulation
of mining operations, environmental risks, reclamation obligations and expenses, title disputes or claims, adequacy of insurance coverage,
the availability of qualified labour, acquisition plans and strategies, the payment of dividends in the future, and FE’s use of the proceeds of
the Offering. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is
expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negatives thereof or variations of
such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be
achieved.
This forward-looking information is based on certain assumptions that FE believes are reasonable, including that the current price of and
demand for minerals being targeted by FE will be sustained or will improve, the supply of minerals targeted by FE will remain stable, that FE
’s current exploration programs and objectives can be achieved, that general business and economic conditions will not change in a material
adverse manner, that financing will be available if and when needed on reasonable terms and that FE will not experience any material
accident, labour dispute, or failure of plant or equipment.
While FE considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results,
performance or achievements of FE to be materially different from any future results, performance or achievements expressed or implied by
the forward-looking information. Such factors include, among others, the risk that actual results of exploration activities will be different
than anticipated, that cost of labour, equipment or materials increase more than expected, that the future price of minerals targeted by FE
will decline, that changes in project parameters as plans continue to be refined may result in increased costs, that plant, equipment or
processes will fail to operate as anticipated, that accidents, labour disputes and other risks generally associated with mining may occur, that
unanticipated delays in obtaining governmental approvals or financing or in the completion of development or construction activities may
occur, as well as those factors discussed in the section entitled “Risk Factors” in this Presentation. Although FE 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 forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated
in such statements. Readers are cautioned not to place undue reliance on forward-looking information due to the inherent uncertainty
thereof.
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Why First Energy Metals?
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•
A tightly structured - public exploration and development company with head
office in Vancouver, B.C., Canada.
•
Owns 100% of a new lithium discovery (3.70%, 1.96% and 0.77% Li2O in
grab samples) in western Canada.
•
Drilling commencing in summer 2017.
•
Trading on the Toronto Venture Exchange.
•
Focusing on developing specialty mineral opportunities and the technology
necessary for the production of energy metals in mining friendly jurisdictions
with existing infrastructure.
•
Management’s key strengths are: proven business acumen, abundant
experience in mineral exploration, development and economic production.
•
Subject of new NI 43-101 Technical Report.
•
Additional large scale acquisition targets currently in due diligence process.
Directors and Management
Ron Lang, President & CEO
Mr. Lang has been involved with First Energy (previously Agave-Cream Minerals) since 1975.
His experience includes conducting mineral exploration field work in British Columbia (Myra
Falls Mine area), Quebec (Val’ Dor), Ontario (Hemlo-Golden Giant Mine from discovery), Sierra
Leone, Africa and corporate management with Hughes-Lang Group (including Cream) from
1984 to 2005. Mr. Lang has been President and CEO of Agave since 2013.
Richard Haines, Director
Mr. Haines is the co-founder and Managing Director of Haines Surveys, a leading international
geophysical survey firm based in Australia since 1991. His surveying career began in 1984 and
by 1988 specialised in the high production Kinematic GPS Survey method. Mr. Haines was the
first to introduce the method throughout Australia and internationally. Haines Surveys
specialises in ground gravity surveys utilizing the Kinematic GPS Survey method having
operated in North and South America, Europe, Africa and the Middle East. Over the last two
decades he has also been successful in the international business investment sector. Mr.
Haines holds a Bachelor of Surveying with Distinction from University of South Australia and is
a member of both the Australian Society of Exploration Geophysicists (ASEG) and the
Australian Institute of Geoscientists (AIG).
Robert Paul, Director
Mr. Paul has worked within the Canadian Mining industry for over 20 years, serving as a
Director and corporate communications consultant for several TSXV listed companies. He has
been a director of First Energy (Agave) since 2014.
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Advisors and Consultants
John Mirko, Advisor
Mr. Mirko has 40 years experience in the mining industry and is currently the President of
Rokmaster Resources Corp. and Canam Mining Corporation. From 1986 to 2010, Mr.
Mirko was the founder, President-CEO and Director of 4 public mining companies and a
founder and Director of 3 others. He has been self-employed since 1977 as a contractor
and consultant involved in the exploration, development and construction of numerous
mining projects in 11 countries, and the commercial production of mineral concentrates and
products from five of those projects. In 2008 he was a recipient of the “E. A. Scholtz Medal
for Excellence in Mine Development” from the Association for Mineral Exploration of British
Columbia, and in 2009 the Mining Association of British Columbia’s “Mining and
Sustainability Award” for the MAX Mine. He is a member in good standing of the Society of
Economic Geologists, Inc., the Canadian Institute Of Mining, Metallurgy and Petroleum,
and the Prospectors and Developers Association of Canada.
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Graeme Haines, Advisor
Mr. Haines has held Director, senior management and advisory positions with both private
and public Australian mineral exploration service, development and investment companies.
After starting a career as a structural engineer, he switched gears and founded Haines
Surveys in 1991, growing it over 24 years to be the leading gravity geophysical survey
company worldwide. With his brother, he still owns Haines Surveys. Additionally, investing
is his passion and he has been a successful investor in oil and gas and mining for over 20
years, utilizing his extensive network of contacts both in Australia and overseas. Currently
he is President and CEO of the North American arm of the Kamara Group, a private,
resource focused Investment Bank, based in Sydney, Australia and a Vice President of
Canam Mining Corporation.
Mr. Haines holds a Bachelor of Engineering in Civil Structural Engineering and is a
member of the Petroleum Exploration Society of Australia.
Advisors and Consultants, cont’d
R. A. (Bob) Lane, MSc., P. Geo, Geological Consultant
Mr. Bob Lane is a professional consulting geologist with more than 26 years of experience
in mineral exploration and development. He received his Masters of Science degree in
Geology from the University of British Columbia, Canada in 1990 and is registered with the
Association of Professional Engineers and Geoscientists of British Columbia, since 1992.
Harvey Tremblay, Advisor
Mr. Tremblay is the founder and President of Hy-Tech Drilling Ltd. based in Smithers, BC.
In 1991 Mr. Tremblay founded Hy-Tech Drilling and built it up from a single drill operation to
a fleet of 35 drills operating throughout Canada and Europe. Hy-Tech Drilling clients include
the Lundin Group, Goldcorp, Seabridge, Xstrata, Rubicon, Pretium and Dennison. Working
closely with his engineering team, Harvey helped design the unique patented diamond drill
that is exclusive to Hy-Tech. Prior to starting Hy-Tech Drilling, Mr. Tremblay worked in many
areas of the mineral exploration and mining industry.
Mr. Tremblay is active in the community as a sponsor, volunteer and mentor. He is currently
a founder and Director of the Canadian Diamond Drilling Association (CDDA) and is a
strong believer in developing and fostering a culture of safety and environmental
awareness. He received the "David Barr Award" (2010) for leadership and innovation in
mineral exploration, health and safety from the Association for Mineral Exploration B.C.
Jason Powell, Corporate Consultant
Mr. Powell began his career with Sony Canada as a Retail Manager from 1983-1997. From
1998 to date he has been involved as a Director and Audit Committee member of several
Publicly traded Canadian natural resource companies.
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Kootenay Project Location - Li Occurrences
The Project consists of 3 claim
groups covering over 4,050
hectares located in southeast
British Columbia, Canada.
The northern most “Boulder
Group” is located 8km by road
northwest of the City of Revelstoke
and is 9km northwest of the
“Begbie Group” of mineral claims.
These groups have been
discovered to host a number of
lepidolite, pink and green
tourmaline, petalite, tantalite,
columbite, phosphate and
ambligonite mineral occurrences in
LCT Type Pegmatite dyke swarms.
Analysis of 2 grab samples from
the Begbie Group returned values
of 1.96% and 0.77% Li2O. A grab
sample of visible lepidolite-bearing
pegmatite outcrop on the Boulder
Group assayed 3.70% Li2O.
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Boulder and Begbie Groups - Regional Geology
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Existing Project Infrastructure
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•
Immediate road
access to Trans
Canada Hwy. #1
and CP Railway.
•
9 km to
community of
Revelstoke.
•
Adjacent
industrial power
lines at
Revelstoke
Columbia River
Hydro Dam.
•
550 km by rail or
highway to port of
Vancouver.
Property Purchase Terms
•
•
The Properties are subject to a
2.0% Net Smelter Return (“NSR”)
on mineral production and a 24%
Gross Overriding Royalty (“GOR”)
on gemstone production.
•
The Company has the option to
reduce the NSR to 1% by paying
$2.5M and also has the option the
purchase 50% of the GOR for $2M.
•
A Property vendor retains the
exclusive right (“Back in Right”) to
produce gemstones from certain
discrete zones within the Property
as mutually agreed.
The Company may purchase the
Back in Right at any time for $1M
•
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The Company has purchased
100% of the Properties for 6M
Common shares of Agave.
High grade
(up to 3.70% LiO2 in
grab samples)
“Professor” showing,
pegmatite lithium O/C.
Why the Kootenay Lithium Project?
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1.
Newly discovered lithium potential in LCT pegmatite outcrop in western Canada.
2.
Accessory minerals with economic potential including tantalum, niobium and phosphates.
3.
Potential for discovery of economic mineral concentrations and tonnages.
4.
Subject of a NI 43-101 Technical Report.
5.
Situated proximal to transcontinental railway and highways.
6.
Readily available low cost industrial hydro power and highly skilled labour.
7.
First Nation development corporations.
8.
Permitting to facilitate spring 2017 diamond drilling program initiated.
Mineralization
Lepidolite Rich Outcrop, Boulder Group
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Boulder Group - Photo Interpretation
•
Abundant
pegmatite
outcrops
visible above
treeline.
•
Follow trends
below
into
covered areas.
•
Conduct
soil
and
silt
geochemical
surveys in o/b
covered areas.
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Large (“Holy Grail”) Pegmatite outcrops
Outcropping pegmatite (mid picture) within a 4-5km long structural
corridor.
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Near Term Opportunities and Drill Targets
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1.
Air/satellite photo mapping of visible pegmatites winter 2016.
2.
Combination geochemical sampling and ground geophysics mid-spring 2017.
3.
Property wide prospecting, geological mapping and sampling late spring 2017.
4.
Trenching, sampling and mapping of certain pegmatites.
5.
Bulk sampling and metallurgical testing.
6.
Diamond drilling of select targets.
7.
Site visits and due diligence of additional lithium opportunities.
British Columbia, Canada – Mining Friendly
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
B.C.’s Gross mining revenue 2014 - $8.2B

Mining expenditure 2014 - $1.5B

Exploration expenditure 2014 - $400M

Workers in mining 2014 - +10,000

Population 2014 – 4.6M

Investment Grade 2014 – AAA

16 years stable Liberal government

Progressive flow-through tax and depletion allowance on mineral exploration
expenditures.
Share Structure – Contact Info.
• Trading Symbol: FE (TSX.V)ASKDF(OTCBB)-DFL (Frankfurt)
• Shares outstanding:
- 44,517,273
• Fully diluted shares:
- 58,092,987
• Insiders own >45%
1601-675 West Hastings Street
Vancouver, BC V6B 1N2
Canada
Phone: 604.558.3908 | Fax: 604.687.4212
Email: [email protected]
www.firstenergymetals.com
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