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Frontier (TSXV:FL) releases new lithium results

Materials, Mining
TSXV:FL
16 November 2022 13:00 (EDT)

Source: Frontier Lithium Inc.

Frontier Lithium (FL) has announced the drill results from its phase XII drill program for the Spark pegmatite on the PAK Lithium Project.

The program focused on converting inferred material to the indicated category for a planned open pit. It covered 45 holes over 14,641 metres.

The Spark pegmatite is one of the two delineated premium spodumene-bearing lithium deposits on the project.

Source: Frontier Lithium Inc.

Several holes intersected pegmatites with low average grades of lithium oxide. Some of the holes confirmed pegmatite extensions, grade continuity, and converted inferred materials.

Garth Drever, Vice President of Exploration for Frontier Lithium, commented,

“We’re confident we’ve converted the required tonnage on the Spark pegmatite for our upcoming [prefeasibility study] and have also added to the total resource with new inferred material to the west and at depth.”

The Phase XII program ended with the inclusion of geotechnical drilling for ground control and pit design purposes, as well as step-out drilling to define the eastern and western extents of the ore body.

Frontier Lithium Inc. (FL) is up 1.55 per cent and is trading at $1.96 per share as of 12:58 p.m. EST.


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