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 31st, 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%
Li2O.
-
- Including 30.1m from 101.0 to
131.1m averaging 1.63%
Li2O
- Including 12.1m from 119.0 to
131.1m averaging 1.94%
Li2O
- DDH PL-104-23 intersected 67.2m
of pegmatite averaging 1.33% Li2O on the Bolt pegmatite
showing.
-
- Including 19.4m from 50.6 to
70.0 m averaging 1.53%
Li2O
- Including 6.7m from 63.3 to
70.0 m averaging 1.92%
Li2O
- 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% Li2O in the
Indicated category and 29.7 Mt, with an average grade of 1.34%
Li2O 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 31st, 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.
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% Li2O
|
Zone
|
From
(m)
|
To
(m)
|
Width
(m)
|
Li2O
(%)
|
Cs2O
(%)
|
Ta2O5
(ppm)
|
Nb2O5
(ppm)
|
SnO2
(ppm)
|
Rb2O
(%)
|
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% Li2O. In total,
67.2m of mineralized pegmatite was intersected averaging 1.33
Li2O.
|
Zone
|
From
(m)
|
To
(m)
|
Width
(m)
|
Li2O
(%)
|
Cs2O
(%)
|
Ta2O5 (ppm)
|
Nb2O5 (ppm)
|
SnO2 (ppm)
|
Rb2O
(%)
|
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
|
|
|
Table 2: Summary of 2023 Drilling at PAK and Bolt
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
|
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)
|
Li2O
(%)
|
Ta2O5
(ppm)
|
Cs2O
(%)
|
Rb2O
(%)
|
Contained
Li2O (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% Li2O (Measured & Indicated) and 2.8
Mt, with an average grade of 2.22% Li2O (Inferred) and
at the Spark deposit 18.8 Mt with an average grade of 1.52%
Li2O (Indicated) and 29.7 Mt an average grade of 1.34%
Li2O (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.