Frontier Lithium Announces Filing of Technical Report ON the Spark Lithium Resource and Provides Initial Results ON the 2023 Exploration Program
FRONTIER LITHIUM ANNOUNCES FILING OF
TECHNICAL REPORT ON THE SPARK
LITHIUM RESOURCE AND PROVIDES INITIAL
RESULTS ON THE 2023 EXPLORATION
PROGRAM
SUDBURY, ON
,
May 9, 2023
/CNW/ - Frontier Lithium Inc. (TSXV: FL) (FRA: HL2) (OTCQX:
LITOF) ("Frontier" or "the Company") is pleased to announce that the Company filed the National
Instrument 43-101 ("NI 43-101")
Mineral Resource Estimate
. The Report is available for review on
both SEDAR (
www.sedar.com
) and the Company's website (
www.frontierlithium.com
). The Pre-
Feasibility Study results are expected to be announced in the coming weeks.
The results from the first two holes of eleven drilled to date on the Bolt pegmatite showing. The Bolt
pegmatite is located between the Spark and PAK spodumene-bearing lithium deposits on the PAK
Lithium Project and has only been mapped and channeled on surface exposures until now.
Highlights:
The Company commenced drilling at Bolt on
March 31
st
, 2023, and has, to date, completed
2,629m
in 11 drill holes. The first hole, DDH PL-103-23, was designed to test the presence of
mineralized pegmatite beneath the northernmost surface channel while PL-104-23 stepped out
60m
along strike to the northwest towards the Spark deposit. Results from these first two
diamond drill holes have been received and highlights are included below:
DDH PL-103-23 beneath the northernmost channel on the Bolt pegmatite showing, intersected a
total of
60.5m
of pegmatite averaging 1.33% Li
2
O.
Including
30.1m
from 101.0 to
131.1m
averaging 1.63% Li
2
O
Including
12.1m
from 119.0 to
131.1m
averaging 1.94% Li
2
O
DDH PL-104-23 intersected
67.2m
of pegmatite averaging 1.33% Li
2
O on the Bolt pegmatite
showing.
Including
19.4m
from 50.6 to
70.0 m
averaging 1.53% Li
2
O
Including
6.7m
from 63.3 to
70.0 m
averaging 1.92% Li
2
O
The report titled "Mineral Resource Estimate (MRE) for the PAK Lithium Project" outlines the
upgraded Spark Deposit total resource at 18.8 Mt, with an average grade of 1.52% Li
2
O in the
Indicated category and 29.7 Mt, with an average grade of 1.34% Li
2
O in the Inferred category.
A hydrogeological and geomechanical program was conducted with
2,033m
in 11 holes eleven
drill holes at the PAK deposit in February and March, 2023.
"The drilling at the Bolt pegmatite showing so far has proven consistency in width and lithium grades
beneath the surface channels previously mapped. The Bolt pegmatite appears to be a series of
dykes of variable thickness that extend sub-parallel to the main trend of the host mafic
metavolcanics and metasediments. The mineralization has been continuous, and we will continue
over the next couple months to test the trend towards the PAK deposit 1.2 km to the southeast."
states
Garth Drever
, VP Exploration.
Figure 1 is a location map showing the project area including Frontier's land tenure and location of
the three lithium-cesium-tantalum pegmatites.
During February and
March 2023
, diamond drilling associated with hydrogeological and geotechnical
studies at the PAK deposit was completed. A total of
2,033m
in eleven holes; six hydrogeological
and five geomechanical holes, were completed in and around the PAK deposit and proposed open
pit. These holes will help strengthen our understanding of groundwater movement and rock structure
and strength near the deposit in advance of the definitive feasibility study.
Once drilling was completed at PAK the drill rig was mobilized to the Bolt area with drilling
commencing on
March 31
st
, 2023. A series of single hole drill fences 60 to
80m
apart were designed
to test the exposed pegmatite outcrops defining the Bolt pegmatite. In addition, three holes fanned
out from the northwest end of Bolt testing the area between the Bolt outcrops and Spark. Figure 2
is a plan view map showing the Bolt outcrop exposures along with drillhole traces showing major
lithological features. Drilling is on-going at Bolt with continuation of single-hole fences to the
southeast.
Figure 2: Planview map of the Spark pegmatite showing drillhole traces (CNW Group/Frontier
Lithium Inc.)
Spodumene-bearing aplite with pegmatitic sections were intersected in all holes drilled to date. The
initial drilling on Bolt has shown continuity with depth beneath the surface exposures while the dykes
appears to be emplaced subvertical to steeply dipping to the southwest. Continuity towards Spark
appears somewhat cut-off, however, will require additional drilling to properly model. Due in part to
the concordant emplacement, the pegmatite dykes tend to incorporate abundant thin mafic horizons
and sheets of host rock. Spodumene is mostly fine grained (1-6mm laths) and typically light grey to
grey in color.
Table 1 details the drill holes with mineralized intersections at Bolt while Table 2 summarizes all drill
holes completed during the hydrogeological-geomechanical drill program at PAK and the drilling
completed to date at the Bolt pegmatite.
Table 1: Summary of Drill Hole Intersections
DDH PL-103-23
Accessed area from the Spark trail to the west and drilled to the northwest targeting the pegmatite beneath Channel
49. Intersected two zones; an upper and lower zone corresponding to the surface exposures with a slight off-set to the west.
Total of 60.5m of mineralized pegmatite was intersected averaging 1.33% 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
28.2
31.5
3.4
1.76
0.004
67
75
52
0.14
Pegmatite-Aplite
Li-Enriched
37.0
51.0
14.0
1.20
0.012
85
71
86
0.23
Pegmatite-Aplite
Li-Enriched
87.9
131.1
43.2
1.33
0.006
75
81
53
0.25
Pegmatite-Aplite
including
101.0
131.1
30.1
1.63
0.006
77
76
47
0.24
Pegmatite-Aplite
including
119.0
131.1
12.1
1.94
0.005
86
75
43
0.22
Pegmatite-Aplite
Total Pegmatite
60.5
1.33
0.008
77
78
61
0.24
DDH PL-104-23
Collared 60m to the northwest of PL-103-23 to test the section towards Spark. An upper 55.5m pegmatite zone was intersected
and offset to the west from the surface mapped exposure as well as a narrower 11.7m zone from 97.5 to
107.5m both averaging around 1.3% Li
2
O. In total, 67.2m of mineralized pegmatite was intersected averaging 1.33 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
23.5
79.0
55.5
1.33
0.007
56
62
74
0.19
Pegmatite-Aplite
including
50.6
70.0
19.4
1.53
0.007
49
48
59
0.19
Pegmatite-Aplite
including
63.3
70.0
6.7
1.92
0.008
59
45
74
0.20
Pegmatite-Aplite
Li-Enriched
95.9
107.5
11.7
1.36
0.018
89
62
59
0.21
Pegmatite-Aplite
Total Pegmatite
67.2
1.33
0.009
62
62
71
0.20
DDHNo
Date Drilled
UTM Zone 15N (NAD83)
Collar Orient
Metres Drilled
Start
End
Easting
Northing
(mASL)
Azim
Dip
Start
End
Bolt: Phase XIII
PL-103-23
2023-03-31
2023-04-02
473,126
5,829,159
344.0
41
-43
0
206.0
PL-104-23
2023-04-02
2023-04-03
473,096
5,829,215
340.0
45
-45
0
163.5
PL-105-23
2023-04-03
2023-04-04
473,101
5,829,230
340.0
45
45
0
102.0
PL-106-23
2023-04-04
2023-04-07
473,101
5,829,234
340.0
354
-44
0
360.0
PL-107-23
2023-04-08
2023-04-15
473,094
5,829,225
340.0
260
-43
0
282.0
PL-108-23
2023-04-11
2023-04-13
473,095
5,829,228
340.0
300
-45
0
246.0
PL-109-23
2023-04-16
2023-04-17
473,153
5,829,108
344.0
45
-45
0
213.0
PL-110-23
2023-04-18
2023-04-19
473,204
5,829,033
351.0
48
-45
0
211.5
PL-111-23
2023-04-20
2023-04-23
473,221
5,828,937
353.0
45
-45
0
327.0
PL-112-23
2023-04-23
2023-04-25
473,284
5,828,901
357.1
45
-46
0
248.1
PL-113-23
2023-04-25
2023-04-28
473,308
5,828,840
360.0
50
-45
0
270.0
Total
2629.1
PAK Hdrogeological-Geomechanical
PL-GDH-13-23
2023-02-07
2023-02-12
474,417
5,827,788
318.0
34
-47
0
352.5
PL-GDH-14-23
2023-02-12
2023-02-13
474,283
5,828,051
319.0
121
-47
0
102.0
PL-GDH-15-23
2023-02-13
2023-02-16
474,796
5,828,023
323.0
249
-47
0
266.1
PL-GDH-16-23
2023-02-17
2023-03-23
474,586
5,828,129
324.0
191
-47
0
99.0
PL-GDH-17-23
2023-02-18
2023-02-23
474,384
5,827,860
321.0
55
-69
0
201.0
PL-GDH-18-23
2023-03-03
2023-03-05
474,701
5,827,894
317.0
17
-69
0
120.0
PL-GDH-19-23
2023-03-06
2023-03-11
474,668
5,827,787
316.0
340
-70
0
201.0
PL-GDH-20-23
2023-02-23
2023-02-28
474,826
5,827,883
320.0
290
-70
0
201.0
PL-GDH-21-23
2023-02-28
2023-03-03
474,763
5,828,096
325.0
213
-71
0
97.6
PL-GDH-22-23
2023-03-16
2023-03-21
474,437
5,827,982
325.0
34
-69
0
201.0
PL-GDH-23-23
2023-03-12
2023-03-15
474,741
5,828,050
319.0
39
-69
0
192.0
Total
2033.2
Grand Total
4662.3
Table 2: Summary of 2023 Drilling at PAK and Bolt
Current plans are to continue drilling Bolt from the west and then move the drill back to the PAK area
and continue with widely spaced single hole fences with collars from the east.
Table 3 is a summary of the current Mineral Resource Estimate for the PAK Lithium project.
Table 3: PAK Lithium Project Global Resource
2023 (2023-02-28)
Deposit
Resource Category
Tonnes (t)
Li
2
O
(%)
Ta
2
O
5
(ppm)
Cs
2
O
(%)
Rb
2
O
(%)
Contained
Li
2
O (t)
Lithium
Carbonate
Eq. LCE (t)
PAK
Measured
1,344,600
2.14
94
0.04
0.25
28,790
71,193
PAK
Indicated
5,884,930
1.81
94
0.04
0.25
106,373
263,044
Spark
Indicated
18,828,000
1.52
112
0.02
0.26
286,186
707,694
PAK
Inferred
2,758,250
2.22
89
0.03
0.26
61,107
151,108
Spark
Inferred
29,746,000
1.34
116
0.03
0.26
398,596
985,668
Combined
Measured/Indicated
26,057,530
1.62
107
0.02
0.26
421,348
1,041,931
Combined
Inferred
32,504,250
1.41
114
0.03
0.26
459,703
1,136,776
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 with an objective to become a strategic domestic
supplier of spodumene concentrates for industrial users as well as battery-grade lithium hydroxide
and other chemicals to the growing electric vehicle and energy storage markets in
North America
.
The Company maintains the largest land position and resource in a premium lithium mineral district
located in
Ontario's
Great Lakes region.
About PAK Lithium Project
The PAK lithium project contains one of
North America's
highest-grade lithium resources. The project
encompasses close to 27,000 hectares 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. Exploration is continuing 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). A 2023
Mineral Resource Estimate report (National Instrument 43-101 technical report titled "NI 43-101
Mineral Resource Estimate Pak Lithium Project " by BBA E&C Inc., with an effective date of
April
28, 2023
) underlined a total resource at the PAK deposit of 7.2 Mt, with an average grade of
1.87% Li
2
O (Measured & Indicated) and 2.8 Mt, with an average grade of 2.22% Li
2
O (Inferred)
and at the Spark deposit 18.8 Mt with an average grade of 1.52% Li
2
O (Indicated) and 29.7 Mt an
average grade of 1.34% Li
2
O (Inferred).
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:
Company Contact 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 09:28e 09-MAY-23