First Energy Metals Ltd. announced that it has entered into an option agreement with Geomap Exploration Inc. to acquire two gold exploration properties located in the Province of British Columbia, Canada. Pursuant to a property purchase option agreement between the Optionor and the company, dated March 17, 2020, First Energy holds an option to acquire a 100% interest in the Kokanee Creek and Independence Gold Properties located in southeastern British Columbia, Canada by paying cash payments, common shares issuances and exploration expenditures as follows: Year 1: //st * Cash payment of CAD 10,000 within 10 days of CSE and any other regulatory approval necessary. Additional CAD 40,000 prior to the one-year anniversary of the agreement. Share issuance of 2,500,000 shares within 10 days of CSE and any other regulatory approval necessary. Complete CAD 100,000 in exploration expenditures. Year 2: //st Cash payment of CAD 75,000 prior to the one-year anniversary of the agreement. Share issuance of 2,500,000 shares on the one- year anniversary of the agreement. Complete CAD 2,500,000 in exploration expenditures. Properties: The Kokanee Creek Gold Property consists of three mineral claims covering approximately 1,590.29 hectares area in Nelson Mining Division in British Columbia, Canada. It is located 18 km to the east of Nelson on NTS map. The Independence Gold Property consists of two mineral claims (Independence 1 and 2) totalling 1,099.43 hectares land in southeastern British Columbia, Canada. It is road accessible, located 20 to 29 kilometres to the southeast of Nakusp, British Columbia, Canada, on the eastern slope of Silver Mountain on NTS map 082K. The most common type of deposit in the Nakusp area is the lead-zinc-silver-gold bearing quartz veins in graphitic shear zones.