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.
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 25th 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% Li2O 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 Ta2O5,
0.62% Rb2O and 328 ppm SnO2 .
- 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%
Li2O.
-
- 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% Li2O;
-
- Includes 12m zone from 28 to
40m averaging 3%
Li2O.
- Also includes elevated Ta (213 ppm Ta2O5)
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 2 is a plan view showing all drilling completed to date
with emphasis on drill hole traces reported in this release.
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% Li2O out of a total
length of 316m, including 5 narrow (<6m apparent width)
mafic sheets. Ended with 37m of aplite with 1.3%
Li2O.
|
Zone
|
From
(m)
|
To
(m)
|
Width
(m)
|
Li2O
(%)
|
Cs2O
(%)
|
Ta2O5
(ppm)
|
Nb2O5
(ppm)
|
SnO2
(ppm)
|
Rb2O
(%)
|
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% Li2O.
Some minor mafic sheets occur from 244 to 251m and from 333 to
353m
|
Zone
|
From
(m)
|
To
(m)
|
Width
(m)
|
Li2O
(%)
|
Cs2O
(%)
|
Ta2O5
(ppm)
|
Nb2O5
(ppm)
|
SnO2
(ppm)
|
Rb2O
(%)
|
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)
|
Li2O
(%)
|
Cs2O
(%)
|
Ta2O5
(ppm)
|
Nb2O5
(ppm)
|
SnO2
(ppm)
|
Rb2O
(%)
|
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% Li2O
similar to Channel 37. Predominately pegmatite averaging around
1.5% Li2O from 100 to 200m. The southern
lobe of the pegmatite was intersected from 276 to 298m averaging
1.4% Li2O.
|
Zone
|
From
(m)
|
To
(m)
|
Width
(m)
|
Li2O
(%)
|
Cs2O
(%)
|
Ta2O5
(ppm)
|
Nb2O5
(ppm)
|
SnO2
(ppm)
|
Rb2O
(%)
|
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-057-221
|
2022-05-15
|
2022-05-17
|
472,733
|
5,829,489
|
355.9
|
358
|
-55
|
0
|
172.5
|
PL-058-221
|
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-062-222
|
2022-05-28
|
2022-06-05
|
472,712
|
5,829,596
|
356.2
|
176
|
-65
|
0
|
360
|
PL-063-221
|
2022-06-05
|
2022-06-10
|
472,746
|
5,829,539
|
360.0
|
187
|
-70
|
0
|
348.5
|
PL-064-221
|
2022-06-05
|
2022-06-10
|
472,712
|
5,829,596
|
356.2
|
141
|
-65
|
0
|
352.5
|
PL-065-222
|
2022-06-10
|
2022-06-22
|
472,686
|
5,829,583
|
354.0
|
173
|
-72
|
0
|
330.86
|
PL-066-222
|
2022-06-12
|
2022-06-27
|
472,732
|
5,829,371
|
325.0
|
323
|
-70
|
0
|
365.67
|
PL-067-222
|
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.