Announcement Date: 2022-07-25
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Frontier Lithium Inc.
Project name: PAK
Location: Canada
Commodities: Tantalum,Lithium
Highlight: Drilling results incl. 144m @ 1.72% Li2O, 99ppm Ta2O5 from 0.9m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: SUDBURY, ON, July 25, 2022 /CNW/ – Frontier Lithium Inc. (TSXV: FL) (FRA: HL2) (OTCQX: LITOF) (“Frontier” or “the Company”) is pleased to announce the results for four of the drill holes completed during the Phase XII drill program on the Spark pegmatite. Phase XII drill program that began in May 2022 and is currently in progress. The initial drill holes were designed to quickly 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. The initial objective for the Phase XII drill program was to focus on converting the Inferred resource lithium bearing material within the central portion of the Spark deposit at depth. DDH’s PL-57, 58, 63 and 64 were all terminated in pegmatite due to PFS time constraints requiring quick upgrading of some of the existing inferred resource. The holes will be extended later in the program. With this objective in mind, most May and June drill holes are steeply dipping (>-65) and designed to infill the Inferred area to a vertical depth of around 300-320m. These holes will be included in the upgraded Measured-Indicated Resource for Spark that will become part of the Prefeasibility Study (PFS) targeted for completion by the end of 2022.
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