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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (169384)1/11/2023 2:06:09 PM
From: LoneClone  Read Replies (1) of 192593
 
FRONTIER LITHIUM INTERSECTS 154.3M OF PEGMATITE AVERAGING 1.69% Li2O, INCLUDING A 26M ZONE OF 2.15% Li2O


newswire.ca

Frontier Lithium Inc. Jan 10, 2023, 07:30 ET

SUDBURY, ON, Jan. 10, 2023 /CNW/ - Frontier Lithium Inc. (TSXV: FL) (FRA: HL2) (OTCQX: LITOF) ("Frontier" or "the Company") is pleased to announce the results for seven more drill holes completed during Phase XII drill program on the Spark pegmatite which began in May with two diamond drill rigs and finished in October of 2022.The main objective of the program was focused on converting 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
  • The Company completed 15,984m of drilling in 50 holes in 2022. Highlights from the seven Phase XII diamond drill holes reported are included below.
  • DDH PL-086-22 intersected 154.3m of pegmatite from 3.7m to 158.0m averaging 1.69% Li2O. Collared near the centre of the main Spark pegmatite, hole was drilled to provide a southern contact where there was a gap in the model.
  • Including 26.0m from 70.0m to 96.0m averaging 2.15% Li2O
  • Including 12.0m from 114.0m to 126.0m averaging 2.36% Li2O
  • DDH PL-088-22 intersected 126.5m of pegmatite from 0.5m to 127.0m averaging 1.94% Li2O and a second 9.8m pegmatite zone from 157.3m to 167.0m averaging 2.01% Li2O. Collared 30m to the SW of PL-086-22 on the main Spark pegmatite, hole was also drilled to provide a southern contact where there was a gap in the model further to the west.
  • Includes 14.1m from 4.4m to 18.5m averaging 2.13% Li2O.
  • Includes 10.0m from 30.5m to 40.5m averaging 2.21% Li2O.
  • Includes 21.8m from 79.2m to 101.0m averaging 2.58% Li2O.


  • "We are definitely pleased with the infill drilling to date as it suggests that the Spark resource is present in the expected locations with the expected grades, and that the resource estimate is reliable and potentially larger than previously thought." states Garth Drever, VP Exploration "The delineation drilling has successfully added additional pegmatite to the west while pinching out to the east. We look forward to focusing on adding inferred resource to the west and at depth which remain open."

    The initial objective for the Phase XII drill program was focused on converting the inferred resource within the Spark deposit to the indicated category in preparation for a pre-feasibility study (PFS) on the PAK Lithium Project. The latter half of the program included 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.

    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 1: Location Map showing land tenure and geology

    Figure 2 is a plan view showing all drilling with analytical data completed to date with emphasis on drill hole traces reported in this release.

    Table 1 details the drill holes and channel with mineralized intersections while Table 2 summarizes all Phase XII drill holes completed.




    Table 1: Details of Mineralized Intersections
    Drill Hole

    PL-085-22

    Collared on the main Spark pegmatite in between PL-057-22 and PL-082-22, hole was designed to provide a
    northern contact where there was a gap in the model. A total of 86m of pegmatite was intersected with most of
    the material near the end of the hole falling below the cut off grade of 0.65% Li2O.

    Zone

    From

    (m)

    To

    (m)

    Width

    (m)

    Li2O

    (%)

    Cs2O

    (%)

    Ta2O5

    (ppm)

    Nb2O5

    (ppm)

    SnO2

    (ppm)

    Rb2O

    (%)

    Unit

    Li-Enriched

    16.3

    61.2

    45.0

    1.41

    0.03

    75

    73

    63

    0.22

    Aplite-Pegmatite

    Li-Enriched

    81.0

    87.0

    6.0

    1.48

    0.01

    92

    122

    39

    0.21

    Aplite-Pegmatite






    Drill Hole

    PL-086-22

    Collared in the same location as PL-085-22 on the main Spark pegmatite, hole was drilled in the opposite
    direction to the south to provide a southern contact where there was a gap in the model. A total of 165m of
    pegmatite was intersected, with the last 11m falling just below the cut-off grade of 0.65% Li2O.

    Zone

    From

    (m)

    To

    (m)

    Width

    (m)

    Li2O

    (%)

    Cs2O

    (%)

    Ta2O5

    (ppm)

    Nb2O5

    (ppm)

    SnO2

    (ppm)

    Rb2O

    (%)

    Unit

    Li-Enriched


    3.7

    158.0

    154.3

    1.69

    0.01

    82

    85

    52

    0.27

    Aplite-Pegmatite


    including

    70.0

    96.0

    26.0

    2.15

    0.01

    77

    72

    33

    0.25

    Aplite


    including

    114.0

    126.0

    12.0

    2.36

    0.01

    40

    54

    43

    0.25

    Aplite






    Drill Hole

    PL-087-22

    Collared 12m west of PL-082-22, hole was designed to provide a northern contact where there was a gap in the
    model. A total of 77m of pegmatite was intersected, with a 12m section falling below the cut-off grade of 0.65%
    Li2O.

    Zone

    From

    (m)

    To

    (m)

    Width

    (m)

    Li2O

    (%)

    Cs2O

    (%)

    Ta2O5

    (ppm)

    Nb2O5

    (ppm)

    SnO2

    (ppm)

    Rb2O

    (%)

    Unit

    Li-Enriched


    0.5

    44.4

    43.9

    1.62

    0.03

    90

    94

    61

    0.25

    Pegmatite


    including

    14.5

    38.5

    24.0

    2.18

    0.02

    89

    98

    59

    0.27

    Pegmatite

    Li-Enriched

    60.1

    75.0

    14.9

    1.06

    0.01

    99

    99

    67

    0.19

    Aplite

    Li-Enriched

    106.8

    112.6

    5.8

    2.61

    0.02

    56

    26

    47

    0.10

    Pegmatite






    Drill Hole

    PL-088-22

    Collared in the same location as PL-087-22 on the main Spark pegmatite, hole was drilled in the opposite
    direction to provide a southern contact where there was a gap in the model. A total of 174m of pegmatite was
    intersected, including a southern pegmatite pod separated from the main Spark body containing values below
    the cut-off grade of 0.65% Li2O.

    Zone

    From

    (m)

    To

    (m)

    Width

    (m)

    Li2O

    (%)

    Cs2O

    (%)

    Ta2O5

    (ppm)

    Nb2O5

    (ppm)

    SnO2

    (ppm)

    Rb2O

    (%)

    Unit

    Li-Enriched


    0.5

    127.0

    126.5

    1.94

    0.01

    85

    85

    48

    0.24

    Pegmatite-Aplite


    including

    4.4

    18.5

    14.1

    2.13

    0.01

    140

    74

    64

    0.21

    Pegmatite-Aplite


    including

    30.5

    40.5

    10.0

    2.21

    0.01

    93

    86

    34

    0.23

    Pegmatite-Aplite


    including

    79.2

    101.0

    21.8

    2.58

    0.01

    56

    67

    42

    0.22

    Pegmatite-Aplite

    Li-Enriched

    157.3

    167.0

    9.8

    2.01

    0.02

    53

    53

    101

    0.23

    Pegmatite






    Drill Hole

    PL-089-22

    Collared on the east side of the main Spark pegmatite in between PL-050-21 and PL-068-22, hole was designed
    to provide a northern contact where there was a gap in the model. A total of 66m of pegmatite was intersected.

    Zone

    From

    (m)

    To

    (m)

    Width

    (m)

    Li2O

    (%)

    Cs2O

    (%)

    Ta2O5

    (ppm)

    Nb2O5

    (ppm)

    SnO2

    (ppm)

    Rb2O

    (%)

    Unit

    Li-Enriched


    0.0

    65.9

    65.9

    1.74

    0.02

    79

    99

    62

    0.28

    Pegmatite-Aplite


    including

    34.0

    65.9

    31.9

    2.08

    0.02

    70

    96

    64

    0.26

    Pegmatite-Aplite






    Drill Hole

    PL-090-22

    Collared 14m east of PL-066-22 south of the Spark pegmatite, hole was designed to convert inferred material
    at depth and to provide a northern contact where there was a gap in the model. A total of 173m of pegmatite was
    intersected.

    Zone

    From

    (m)

    To

    (m)

    Width

    (m)

    Li2O

    (%)

    Cs2O

    (%)

    Ta2O5

    (ppm)

    Nb2O5

    (ppm)

    SnO2

    (ppm)

    Rb2O

    (%)

    Unit

    Li-Enriched


    22.5

    114.5

    92.0

    1.62

    0.02

    90

    102

    46

    0.30

    Pegmatite-Aplite


    including

    42.5

    48.5

    6.0

    2.36

    0.01

    150

    130

    23

    0.30

    Pegmatite-Aplite


    including

    54.5

    64.5

    10.0

    2.11

    0.02

    119

    97

    65

    0.30

    Pegmatite-Aplite


    including

    82.5

    88.5

    6.0

    2.42

    0.01

    53

    61

    31

    0.30

    Pegmatite-Aplite


    including

    100.0

    106.7

    6.7

    2.38

    0.01

    52

    86

    25

    0.25

    Pegmatite-Aplite

    Li-Enriched

    133.0

    160.0

    27.0

    1.44

    0.01

    71

    74

    56

    0.24

    Pegmatite-Aplite

    Li-Enriched

    174.5

    214.0

    39.5

    1.45

    0.03

    94

    92

    45

    0.25

    Pegmatite-Aplite


    including

    174.5

    182.5

    8.0

    2.07

    0.03

    185

    83

    67

    0.34

    Pegmatite-Aplite


    including

    208.0

    214.0

    6.0

    2.88

    0.01

    35

    56

    22

    0.12

    Pegmatite-Aplite






    Drill Hole

    PL-091-22

    Collared 44m west of PL-039-19 south of the Spark pegmatite, the hole was designed to define the western end
    of the main pegmatite body where it begins to break up separated by mafic rafts. A total of 33m of Pegmatite was
    intersected

    Zone

    From

    (m)

    To

    (m)

    Width

    (m)

    Li2O

    (%)

    Cs2O

    (%)

    Ta2O5

    (ppm)

    Nb2O5

    (ppm)

    SnO2

    (ppm)

    Rb2O

    (%)

    Unit

    Li-Enriched


    108.5

    126.6

    18.1

    1.87

    0.03

    168

    111

    68

    0.28

    Pegmatite


    including

    115.5

    123.5

    8.0

    2.29

    0.02

    184

    130

    60

    0.26

    Pegmatite

    Li-Enriched

    141.8

    155.5

    13.7

    1.88

    0.03

    428

    70

    134

    0.20

    Pegmatite


    including

    150.0

    153.4

    3.4

    2.77

    0.02

    199

    69

    72

    0.23

    Pegmatite






    Table 2: Summary of Phase XII Drill Program (May to October 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

    2022-10-01

    472,733

    5,829,489

    355.9

    359

    -55

    0

    225

    PL-058-221

    2022-05-17

    2022-10-03

    472,733

    5,829,489

    355.9

    177

    -70

    0

    400

    PL-059-222

    2022-05-24

    2022-05-28

    472,698

    5,829,535

    356.0

    165

    -78

    0

    316

    PL-060-222

    2022-05-27

    2022-06-04

    472,749

    5,829,559

    360.0

    180

    -73

    0

    360

    PL-061-222

    2022-05-20

    2022-05-27

    472,773

    5,829,561

    360.2

    178

    -65

    0

    327

    PL-062-223

    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-065-224

    2022-06-10

    2022-06-22

    472,686

    5,829,583

    354.0

    173

    -72

    0

    330.86

    PL-066-223

    2022-06-12

    2022-06-27

    472,732

    5,829,371

    325.0

    323

    -70

    0

    365.67

    PL-067-224

    2022-06-29

    2022-07-04

    472,778

    5,829,383

    327.0

    315

    -70

    0

    352.5

    PL-068-222

    2022-06-22

    2022-06-27

    472,790

    5,829,540

    360.0

    171

    -55

    0

    343.5

    PL-069-224

    2022-07-06

    2022-07-15

    472,814

    5,829,385

    326.0

    324

    -61

    0

    412.3

    PL-070-223

    2022-06-28

    2022-07-04

    472,805

    5,829,588

    360.0

    184

    -54

    0

    405

    PL-071-223

    2022-07-04

    2022-07-15

    472,805

    5,829,588

    360.0

    160

    -52

    0

    384.6

    PL-072-224

    2022-07-15

    2022-07-21

    472,847

    5,829,384

    326.0

    349

    -61

    0

    386.2

    PL-073-223

    2022-07-16

    2022-07-23

    472,816

    5,829,589

    360.0

    146

    -52

    0

    392

    PL-074-225

    2022-07-28

    2022-08-02

    472,584

    5,829,497

    354.0

    162

    -47

    0

    403.5

    PL-075-225

    2022-08-01

    2022-08-06

    472,571

    5,829,490

    354.0

    177

    -47

    0

    408

    PL-076-225

    2022-07-25

    2022-08-05

    472,846

    5,829,384

    326.0

    314

    -63

    0

    438

    PL-077-226

    2022-08-08

    2022-08-24

    472,864

    5,829,390

    326.0

    354

    -56

    0

    433.38

    PL-078-226

    2022-08-25

    2022-09-01

    472,939

    5,829,369

    326.0

    341

    -55

    0

    339.7

    PL-079-225

    2022-08-06

    2022-08-15

    472,538

    5,829,480

    357.0

    177

    -48

    0

    417

    PL-080-226

    2022-08-16

    2022-08-23

    472,687

    5,829,511

    354.0

    193

    -55

    0

    418.5

    PL-081-226

    2022-08-24

    2022-08-30

    472,689

    5,829,499

    354.0

    177

    -46

    0

    367.7

    PL-082-226

    2022-08-30

    2022-09-02

    472,718

    5,829,455

    355.0

    6

    -61

    0

    241.5

    PL-083-226

    2022-09-02

    2022-09-06

    472,971

    5,829,367

    326.0

    343

    -57

    0

    377.3

    PL-084-226

    2022-09-07

    2022-09-11

    472,983

    5,829,380

    325.0

    358

    -42

    0

    327

    PL-085-22

    2022-09-02

    2022-09-05

    472,731

    5,829,472

    354.0

    309

    -57

    0

    232

    PL-086-22

    2022-09-05

    2022-09-08

    472,731

    5,829,472

    354.0

    162

    -46

    0

    201

    PL-087-22

    2022-09-08

    2022-09-11

    472,701

    5,829,451

    354.0

    318

    -50

    0

    213.4

    PL-088-22

    2022-09-11

    2022-09-16

    472,706

    5,829,453

    354.0

    173

    -46

    0

    210.7

    PL-089-22

    2022-09-16

    2022-09-17

    472,762

    5,829,514

    360.0

    360

    -50

    0

    87

    PL-090-22

    2022-09-11

    2022-09-15

    472,746

    5,829,371

    326.0

    334

    -45

    0

    289.4

    PL-091-22

    2022-09-15

    2022-09-18

    472,663

    5,829,362

    327.0

    338

    -43

    0

    261.4

    PL-092-22

    2022-09-17

    2022-10-20

    472,762

    5,829,514

    360.0

    174

    -46

    0

    274.5

    PL-093-22

    2022-09-20

    2022-09-23

    472,614

    5,829,329

    328.0

    345

    -47

    0

    253.6

    PL-094-22

    2022-09-24

    2022-10-01

    472,657

    5,829,357

    326.0

    351

    -54

    0

    339

    PL-095-22

    2022-09-20

    2022-09-23

    472,785

    5,829,531

    362.0

    165

    -44

    0

    258.6

    PL-096-22

    2022-09-23

    2022-09-30

    472,865

    5,829,583

    359.0

    136

    -44

    0

    425.3

    PL-097-22

    2022-10-03

    2022-10-04

    472,698

    5,829,535

    354.0

    6

    -70

    0

    12.5

    PL-098-22

    2022-10-01

    2022-10-09

    472,756

    5,829,387

    327.0

    317

    -58

    1

    471

    PL-099-22

    2022-10-09

    2022-10-15

    472,529

    5,829,361

    330.0

    345

    -65

    0

    477

    PL-GDH-11-22

    2022-07-22

    2022-07-24

    473,046

    5,829,379

    325.0

    285

    -47

    0

    173.5

    PL-GDH-12-22

    2022-07-23

    2022-07-25

    472,456

    5,829,470

    358.0

    119

    -45

    0

    228


    Total metres drilled

    14,641.1

    Notes:

    1: Reported on Release July 25, 2022


    2: Reported on Release August 17, 2022


    3: Reported on Release September 20, 2022


    4: Reported on Release October 11, 2022


    5: Reported on Release November 16, 2022




    6: Reported on Release December 14, 2022




    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 2021 preliminary economic assessment (National Instrument 43-101 technical report titled "NI 43-101 Technical Report, Pak Property, PAK, Red Lake Mining District, Ontario, Canada" by BBA E&C Inc., with an effective date of April 5, 2021) delivered a fully integrated lithium operation, including the mine and mill and the conversion plant for production of battery-quality lithium salts.


    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.

    For further information: Company Contact Information: Bora Ugurgel, Manager, Investor Relations, 2736 Belisle Drive Val Caron, ON. P3N 1B3 CANADA, T. +001 705.897.7622, F. +001 705.897.7618


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