Frontier Intersects 357.5m of High- Grade Lithium Averaging 1.63% Li2O over a Horizontal Distance of 110 Metres and Remains Open
FRONTIER INTERSECTS 357.5m OF HIGH-
GRADE LITHIUM AVERAGING 1.63% Li2O
OVER A HORIZONTAL DISTANCE OF 110
METRES AND REMAINS OPEN
SUDBURY, ON
,
Aug. 17, 2022
/CNW/ - Frontier Lithium Inc. (TSXV: FL) (FRA: HL2) (OTCQX:
LITOF) ("Frontier" or "the Company") is pleased to announce the results for four additional drill holes
completed during the Phase XII drill program on the Spark pegmatite which began in
May 2022
and
is currently in progress. The initial drill holes were designed to convert inferred material to the
indicated category for the planned open pit. The Spark pegmatite is one of the two delineated
premium spodumene-bearing lithium deposits on the PAK Lithium Project.
Summer students logging core. (CNW Group/Frontier Lithium Inc.)
Highlights
Phase XII delineation and infill drilling with two drill rigs is currently being conducted, whereby,
the Company has completed
8,000m
of drilling in 24 holes at the time of this press release.
Currently, analysis from 8 of the holes have been received; 4 of which were reported in the
July 25
th
press release
and the remaining 4 are reported herein.
DDH PL-059-22 intersected
145m
of pegmatite over a
316m
interval from surface with an
average grade of 1.5% Li
2
O along with some minor mafic volcanic sheets (<
6m
apparent
width).
DDH PL-060-22 intersected
357.5m
of spodumene-bearing pegmatite averaging 1.63% Li2O
throughout the entire hole representing a horizontal distance of
110m
.
An enriched
28 m
tantalum-rubidium-tin zone was intersected from 84 to
112m
grading 370
ppm Ta
2
O
5
, 0.62% Rb
2
O and 328 ppm SnO
2
.
Hole was terminated in spodumene-bearing pegmatite at
360m
(vertical depth of
345m
).
DDH PL-061-22 was collared in pegmatite intersecting
280.7m
averaging 1.42% Li
2
O.
Hole was terminated in mafic volcanics prior to intersecting the southernmost identified
zone of the pegmatite and will be extended.
DDH PL-068-22 intersected spodumene pegmatite zones typically 20 to
50 m
thick with grades
ranging from 1.42% to 2% Li
2
O;
Includes
12m
zone from 28 to
40m
averaging 3% Li
2
O.
Also includes elevated Ta (213 ppm Ta
2
O
5
) from 59.3 to
66.3m
.
"So far there have been no surprises with the drill intersections." states
Garth Drever
, V.P.
Exploration. "Our modeling beneath the central indicated resource appears solid and drilling to the
west continues to intersect significant pegmatite zones."
The initial objective for the Phase XII drill program was to focus on converting the inferred resource
within the central portion of the Spark deposit at depth. DDH's PL-059-22 and 060-22 were
terminated in pegmatite and PL-061-22 was ended in mafic volcanics due to PFS time constraints
requiring quick turn-around of analysis. These and other holes will be extended later in the program.
Figure 1 is a location map showing the project area including Frontier's land tenure and location of
the three lithium-cesium-tantalum pegmatites.
Figure 1: Location Map showing land tenure and geology (CNW Group/Frontier Lithium Inc.)
Figure 2 is a plan view showing all drilling completed to date with emphasis on drill hole traces
reported in this release.
Figure 2: Planview map of the Spark pegmatite showing drillhole traces (CNW Group/Frontier
Lithium Inc.)
Table 1 details the drill holes with mineralized intersections while Table 2 summarizes all the Phase
XII drill holes completed up to PL-068-22.
Table 1: Details of Mineralized Intersections
DrillHole
PL-059-22
Designed to convert inferred material by drilling a steep (-78 dip) hole to the west of PL-057-22. Intersected
145m of pegmatite averaging 1.5% Li
2
O out of a total length of 316m, including 5 narrow (<6m apparent width)
mafic sheets. Ended with 37m of aplite with 1.3% Li
2
O.
Zone
From
(m)
To
(m)
Width
(m)
Li
2
O
(%)
Cs
2
O
(%)
Ta
2
O
5
(ppm)
Nb
2
O
5
(ppm)
SnO
2
(ppm)
Rb
2
O
(%)
Unit
Li-Enriched
1.9
79.0
77.1
1.60
0.01
44
75
57
0.27
Pegmatite-aplite
including
1.9
37.2
35.3
2.04
0.01
38
66
57
0.30
Pegmatite
including
1.9
10.0
8.1
2.97
0.01
49
61
36
0.16
Pegmatite
Li-Enriched
142.8
161.6
18.8
1.48
0.02
74
76
50
0.18
Aplite
Li-Enriched
190.0
227.8
37.8
1.27
0.01
94
73
88
0.23
Pegmatite
Li-Enriched
253.6
266.1
12.5
1.03
0.02
132
81
30
0.23
Pegmatite
including
257.1
262.4
5.3
1.42
0.05
96
69
36
0.27
Pegmatite
Li-Enriched
279.0
316.0
37.0
1.30
0.01
116
87
35
0.29
Aplite
including
290.0
316.0
26.0
1.52
0.01
103
87
31
0.31
Aplite
DrillHole
PL-060-22
Designed to convert inferred material by collaring 20m to the east of the trace of PL-057-22 and targeting
the area below Channels 35 and 36. Intersected 357.5m (entire hole) of pegmatite and aplite averaging 1.63% Li
2
O.
Some minor mafic sheets occur from 244 to 251m and from 333 to 353m
Zone
From
(m)
To
(m)
Width
(m)
Li
2
O
(%)
Cs
2
O
(%)
Ta
2
O
5
(ppm)
Nb
2
O
5
(ppm)
SnO
2
(ppm)
Rb
2
O
(%)
Unit
Li-Enriched
2.6
360.0
357.5
1.63
0.05
99
80
75
0.31
Pegmatite-aplite
including (Ta-Sn-Rb)
84.0
112.0
28.0
1.28
0.35
370
86
328
0.62
Aplite-pegmatite
Li-Enriched
116.0
166.0
50.0
2.24
0.03
65
63
59
0.27
Pegmatite
Drill Hole
PL-061-22
Collared midway between PL-041-19 and PL-053-21 to convert Inferred material. Intersected 280.7m of
pegmatite grading 1.42% Li2O (included thin mafic sheets typically <1 m and up to 8m from 120 to 165m: 24m
combined). The hole was terminated in mafic host rock short of the southern zone of the pegmatite due to time
constraints and will be extended later in the program.
Zone
From
(m)
To
(m)
Width
(m)
Li
2
O
(%)
Cs
2
O
(%)
Ta
2
O
5
(ppm)
Nb
2
O
5
(ppm)
SnO
2
(ppm)
Rb
2
O
(%)
Unit
Li-Enriched
2.0
282.7
280.7
1.42
0.04
107
79
63
0.27
Pegmatite-aplite
including
11.6
19.3
7.7
2.67
0.01
74
63
29
0.15
Pegmatite
including
140.6
150.0
9.4
2.56
0.03
143
46
64
0.29
Pegmatite
including
200.0
218.0
18.0
1.86
0.02
115
97
54
0.29
Pegmatite-aplite
Drill Hole
PL-068-22
Collared near the start of Channel 37 to test the extent of pegmatite and mafic host rock to the east of PL-041-
19. Intersected predictable mafic sheets of variable thickness. The upper 46.4 m of pegmatite averaged 2% Li
2
O
similar to Channel 37. Predominately pegmatite averaging around 1.5% Li
2
O from 100 to 200m. The southern
lobe of the pegmatite was intersected from 276 to 298m averaging 1.4% Li
2
O.
Zone
From
(m)
To
(m)
Width
(m)
Li
2
O
(%)
Cs
2
O
(%)
Ta
2
O
5
(ppm)
Nb
2
O
5
(ppm)
SnO
2
(ppm)
Rb
2
O
(%)
Unit
Li-Enriched
0.9
47.3
46.4
1.98
0.04
71
69
55
0.27
Aplite-pegmatite
including
0.9
40.0
39.1
2.17
0.02
52
59
47
0.23
Pegmatite
including
28.0
40.0
12.0
3.00
0.03
32
35
39
0.21
Aplite
including Ta-Enriched
42.0
46.7
4.7
1.10
0.05
213
146
111
0.41
Pegmatite-aplite
Li-Ta-Enriched
59.3
66.3
7.0
1.59
0.01
174
116
49
0.22
Aplite
Li-Enriched
100.3
147.9
47.6
1.61
0.01
106
86
62
0.31
Aplite-pegmatite
Li-Enriched
151.1
163.0
11.9
1.50
0.01
100
83
51
0.29
Aplite-pegmatite
Li-Enriched
171.0
200.6
29.6
1.50
0.01
94
81
42
0.28
Aplite
Li-Enriched
276.0
298.1
22.2
1.42
0.01
50
92
87
0.22
Aplite
including
288.0
296.0
8.0
2.23
0.01
40
79
49
0.22
Aplite
Table 2: Summary of Phase XII Drill Program (May to
July 4, 2022
)
DDHNo
Date Drilled
UTM Zone 15N (NAD83)
Collar Orient
Metres Drilled
Start
End
Easting
Northing
(mASL)
Azim
Dip
Start
End
Phase XII
PL-057-22
1
2022-05-15
2022-05-17
472,733
5,829,489
355.9
358
-55
0
172.5
PL-058-22
1
2022-05-17
2022-05-23
472,733
5,829,489
355.9
177
-70
0
297.4
PL-059-22
2022-05-24
2022-05-28
472,698
5,829,535
356.0
165
-78
0
316
PL-060-22
2022-05-27
2022-06-04
472,749
5,829,559
360.0
180
-73
0
360
PL-061-22
2022-05-20
2022-05-27
472,773
5,829,561
360.2
178
-65
0
327
PL-062-22
2
2022-05-28
2022-06-05
472,712
5,829,596
356.2
176
-65
0
360
PL-063-22
1
2022-06-05
2022-06-10
472,746
5,829,539
360.0
187
-70
0
348.5
PL-064-22
1
2022-06-05
2022-06-10
472,712
5,829,596
356.2
141
-65
0
352.5
PL-065-22
2
2022-06-10
2022-06-22
472,686
5,829,583
354.0
173
-72
0
330.86
PL-066-22
2
2022-06-12
2022-06-27
472,732
5,829,371
325.0
323
-70
0
365.67
PL-067-22
2
2022-06-29
2022-07-04
472,778
5,829,383
327.0
315
-70
0
352.5
PL-068-22
2022-06-22
2022-06-27
472,790
5,829,540
360.0
171
-55
0
343.5
Phase XII is ongoing and scheduled to be completed in September 2022
Total metres drilled
3,926.4
Notes:
1: Results reported on July 25, 2022
2: Analytical Data not completely received
Due Diligence
All scientific and technical information in this release has been reviewed and approved by
Garth Drever, P.Geo., the qualified person (QP) under the definitions established by National
Instrument 43-101. Under Frontier's QA/QC procedures, all drilling was completed by Chenier
Drilling Ltd. of
Val Caron, ON
using thin walled BTW drill rods (4.2 cm core diameter) and a Reflex
ACT III oriented core system. Using the Reflex system, the drill core was oriented and marked as it
was retrieved at the drill. The core was boxed and delivered to the Frontier core shack where it was
examined, geologically logged, and marked for sampling. The core was photographed prior to
sampling. Using a rock saw, the marked sample intervals were halved with one-half bagged for
analysis. Sample blanks along with lithium, rubidium and cesium certified reference material was
routinely inserted into the sample stream in accordance with industry recommended practices. Field
duplicate samples were also taken in accordance with industry recommended practices. The
samples were placed in poly sample bags and transported to
Red Lake
by float plane and then
shipped to AGAT Laboratories Ltd. (AGAT) in
Thunder Bay
for sample preparation and to
Mississauga, Ontario
for processing and quantitative multi-element analysis. AGAT is an ISO
accredited laboratory. The core is stored on site at the Pakeagama Lake exploration camp.
About Frontier Lithium
Frontier Lithium is a preproduction business that is targeting to become a manufacturer of battery-
quality lithium materials to support electric vehicle and battery supply chains in
North America
.
Frontier is developing the PAK Lithium Project which contains one of
North America's
highest-grade,
large-tonnage hard-rock lithium resources in the form of a rare low-iron spodumene. The project
continues to have significant exploration upside with potential to increase the lithium resource. The
Company is a pure-play lithium development opportunity with the largest land position in a premium
lithium mineral district located in
Northern Ontario
.
About PAK Lithium Project
The PAK Lithium Project contains
North America's
highest grade lithium resource that is top three in
size on the continent and is considered premium quality globally as a result of its rare low-iron
spodumene. A 2021 preliminary economic assessment (National Instrument 43-101 technical report
titled "Pak Property" by BBA E&C Inc., issued on
April 5, 2021
) delivered a fully integrated lithium
operation from the resource to achieve downstream conversion plan for production of battery-quality
lithium salts. The study resulted in an after-tax net present value (discounted at 8 per cent) of
$974-
million
(U.S.) with a 21-per-cent internal rate of return. The Project encompasses close to 27,000
hectares at the south end of
Ontario's
Electric Avenue, the largest land package hosting premium
lithium-bearing pegmatites in
Ontario
. The Project maintains a measured and indicated resource of
21.64 million tonnes (Mt) averaging 1.56 per cent lithium oxide (Li2O) and inferred resource of 20.87
Mt averaging 1.42 per cent Li2O. The Project covers 65 kilometres of the Electric Avenue's length
and remains largely unexplored; however, since 2013, the company has delineated two premium
spodumene-bearing lithium deposits (PAK and Spark), located 2.3 kilometres apart. Considerable
exploration upside is supported on the Project through two other spodumene-bearing discoveries:
the Bolt pegmatite (located between the PAK and Spark deposits), as well as the Pennock
pegmatite (25 kilometres northwest of PAK Deposit within the project claims).
Forward-looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release. This release includes certain statements that may be deemed "forward-looking
statements". All statements in this release, other than statements of historical facts, that address
future production, reserve potential, exploration drilling, exploitation activities and events or
developments that the Company expects are forward-looking statements. Although the Company
believes the expectations expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual results or
developments may differ materially from those in the forward-looking statements. Factors that could
cause actual results to differ materially from those in forward looking statements include market
prices, exploitation and exploration successes, continued availability of capital and financing, and
general economic, market or business conditions. Investors are cautioned that any such statements
are not guarantees of future performance and those actual results or developments may differ
materially from those projected in the forward-looking statements. For more information on the
Company, Investors should review the Company's registered filings available at
sedar.com
.
SOURCE
Frontier Lithium Inc.
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%SEDAR: 00008434E
For further information:
Bora Ugurgel, Manager, Investor Relations, 2736 Belisle Drive Val Caron,
ON. P3N 1B3 CANADA, T. +001 705.897.7622, F. +001 705.897.7618
CO: Frontier Lithium Inc.
CNW 08:00e 17-AUG-22