FRONTIER LITHIUM'S PAK PROJECT FIRST SELECTED UNDER ONTARIO'S "ONE PROJECT, ONE PROCESS" FRAMEWORK TO ACCELERATE MINE PERMITTING Selection underscores Frontier's leadership in advancing responsible lithium development and supply
FRONTIER LITHIUM'S PAK PROJECT FIRST
SELECTED UNDER ONTARIO'S "ONE
PROJECT, ONE PROCESS" FRAMEWORK TO
ACCELERATE MINE PERMITTING
Selection underscores Frontier's leadership in advancing responsible lithium development and supply
chain security in
Northern Ontario
.
TORONTO
,
Oct. 29, 2025
/CNW/ - Frontier Lithium Inc. (TSXV: FL) (OTC: LITOF) (FRA: HL2)
("Frontier" or "the Company") is pleased to announce it has been selected to participate in
Ontario's
One Project, One Process ("1P1P") Framework Guidance initiative. 1P1P is an important
step in modernizing and streamlining
Ontario's
provincial permitting process for advanced mineral
development projects.
The 1P1P framework is designed to reduce government review timelines by up to 50 percent for
advanced exploration and mine development projects in
Ontario
, ensuring more timely and consistent
permitting decisions. The 1P1P initiative promotes a coordinated and efficient regulatory approach
that supports
Ontario's
critical mineral strategy by fostering greater collaboration among provincial
ministries and agencies and Indigenous peoples. Frontier's participation in the framework
underscores its readiness to advance its flagship PAK Lithium Project ("PAK Lithium Project" or
"Project") responsibly within this modernized system, helping accelerate the path from exploration to
development while maintaining high standards of environmental stewardship and Indigenous
engagement.
Located in
Northwestern Ontario
, in the traditional territory of people guided by Anishinninew law,
Deer Lake
, Keewaywin, North Spirit Lake and Sandy Lake First Nations, the Project represents a
high-grade, large-scale hard rock lithium resource, an essential building block for
Canada's
critical
minerals supply chain. This milestone recognizes Frontier's long-standing commitment to responsible
resource development and positions the PAK Lithium Project as a model for integrated and
sustainable project development.
The Project is expected to deliver strong and lasting benefits for
Northern Ontario
. Based on initial
findings from an upcoming socioeconomic study that indicates the Project could generate up to $1.5
billion in gross domestic product ("GDP"), $124 million in tax revenues, and create more than 2,000
full-time jobs during construction alone. Once operational, it is projected to contribute $182 million in
GDP annually, $11.6 million in annual tax revenues, and support nearly 1,000 long-term positions,
while generating an estimated $2.4 billion in total corporate income and mining tax revenues over its
lifespan. These benefits extend beyond economics—creating opportunities for First Nations and local
communities through employment, training, and infrastructure development, including all-season road
access and workforce education programs.
Since initiating exploration in 2013 of the Project, Frontier has advanced extensive economic and
technical studies, taken time to deepen its engagement with Indigenous and local communities, and
aligned its development plans with both Provincial and Federal priorities. Frontier's vertically
integrated strategy, including its proposed lithium conversion facility in
Thunder Bay, Ontario
, is
designed to support a fully domestic, sustainable mine-to-battery supply chain.
"We welcome the opportunity to participate in the 1P1P initiative," said Trevor Walker, President and
Chief Executive Officer of Frontier. "Clarity and predictability in permitting are key to unlocking
investment, accelerating project timelines, and delivering on
Canada's
critical minerals strategy. This
initiative represents a meaningful step forward for industry, government, and Indigenous communities
alike."
Frontier's participation in the 1P1P framework aligns with broader Provincial actions to unlock
Northern Ontario's
growth potential. The proposed twinning of the transmission lines between
Dryden
and
Red Lake
will strengthen grid capacity and enable electrification of new mining projects
like the PAK while supporting community growth and clean energy access across the region. This
infrastructure investment reflects a shared vision of economic reconciliation, sustainable regional
development, and a clean, electrified future for
Northern Ontario
.
Due Diligence
All scientific and technical information in this release has been reviewed and approved by Vice
President of Exploration, Garth Drever, P.Geo., an employee and the qualified person ("QP") under
the definitions established by National Instrument 43-101 -
Standards of Disclosure for Mineral
Projects
.
About Frontier Lithium
Frontier Lithium Inc. is a pre-production mining company with an objective to become a strategic and
integrated supplier of premium spodumene concentrates as well as battery-grade lithium salts to the
growing electric vehicle, and energy storage markets in
North America
. The Company's PAK Lithium
Project maintains the largest land position and resource in a premium lithium mineral district located
in
Ontario's
Great Lakes region.
About the PAK Lithium Project
The PAK Lithium Project is a fully integrated critical minerals initiative in
Ontario
, developing a high-
grade, large scale lithium resource. Operated as a joint venture between Frontier (92.5%) and
Mitsubishi Corporation (7.5%), the project is advancing in parallel with a mine and mill, north of
Red
Lake, Ontario
and a downstream lithium conversion facility in
Thunder Bay, Ontario
, which are both
key to supporting a secure domestic lithium supply for the clean energy transition. A 2025 Mine and
Mill Feasibility Study (FS), prepared by DRA Global Limited and entitled National Instrument 43-101
Technical Report FS PAK Lithium Project, Mine and Mill, outlines a 31-year Project life with an after-
tax net present value of
$932 million
at an 8% discount rate and an after-tax internal rate of return of
17.9%.These results have been disclosed in the Company's press release dated
May 28, 2025
, and
the accompanying technical report was filed on SEDAR+ (
www.sedarplus.ca
) on
July 9, 2025
.
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain statements that may be deemed "forward-looking statements".
All statements in this release, other than statements of historical fact constitute forward-looking
statements. Forward looking statements contained in this news release may include, but are not
limited to, the 1P1P initiative and framework, the PAK Lithium Project's selection for the 1P1P
initiative and possible process and results (if any), and the statements with respect to: capital
requirements and private and/or public financing initiatives and completion of these financings (if
any), estimated mineral resources, estimated capital costs to construct mine and conversion
facilities, estimated operating costs, the duration of payback periods, estimated amounts of future
production, estimated cash flows, net present value, the Feasibility Study and statements that
address future production, resource and reserve potential, exploration drilling, exploitation activities
and events or developments that the Company expects, including but not limited to capital and
operating costs, timelines, internal rates of return, and project development milestones.
Forward-looking statements involve inherent risks and uncertainties. Risk factors that could cause
actual results to differ materially from those in forward looking statements include: market prices for
commodities, increases in capital or operating costs, construction risks, availability of infrastructure
including roads, regulatory and permitting risks, exploitation and exploration successes, continued
availability of capital and financing, financing costs, 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, please review the
Company's public filings available at
www.sedarplus.ca
.
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.
SOURCE
Frontier Lithium Inc.
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%SEDAR: 00008434E
For further information:
Company Contact Information: Bora Ugurgel, Senior Manager, Investor
Relations, 2614 Belisle Drive, Val Caron, Greater Sudbury, Ontario, P3N 1B3 CANADA, T. +001
705.897.7622, F. +001 705.897.7618
CO: Frontier Lithium Inc.
CNW 12:50e 29-OCT-25