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Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

"Frontier Lithium Inc is a Canada-based mining exploration company engaged in acquisition, exploration, and development of mining properties. It focuses on elements like lithium, tantalum, rubidium, and cesium by exploring for lithium, cesium and tantalum classified pegmatites. Geographically it operates in one segment, Canada. Its main project is the PAK lithium project."


TSXV:FL - Post by User

Post by tickerhiton Feb 08, 2024 9:11pm
216 Views
Post# 35871483

Recap

RecapThe Company  is excited to be moving forward with the next stage of project engineering.  The fully integrated mine, mill, and refinery flowsheet demonstrated in the PFS will be studied in two distinct scopes at the DFS level with the mine and mill scope set to conclude in the next 12-18 months.

It is projected that a mine and milling facility with an estimated output of 200,000 metric tonnes of spodumene concentrate per annum will be brought online in two stages

  • Stage 1 – Winter Road Access: The existing winter road will be used for the construction of the first concentrator line targeting the high purity PAK deposit and facilitating the production of up to 100,000 metric tonnes per annum of premium spodumene concentrates. Stage 1 aims to leverage the winter road for transportation to market to facilitate rapid market penetration with the Company's premium spodumene concentrates.
  • Stage 2 – All Season Road Access: The development and ramping of the second mill line into production will be completed concurrent with the targeted completion of an all-season access-road to the region. This expansion will enable the export of additional premium spodumene concentrates, to enhance Frontier's market presence.
Implementing this phased construction approach serves to mitigate project risks, capitalize on existing infrastructure, and focuses the Company on short-term concentrate production goals. Additionally, this strategy will aim to minimize potential delays associated with all-season road construction, and to provide a more streamlined path with options for operational success.

Frontier remains fully financed for the successful completion of the Phase 1 DFS, reinforcing its commitment to driving sustainable lithium solutions in the Canadian mining industry.

About DRA GLOBAL

DRA Global Limited (ASX: DRA | JSE: DRA) (DRA or the Group) is an international multi-disciplinary engineering, project delivery and operations management group, predominantly focused on the mining, minerals and metals industry. The Group has an extensive track record spanning almost four decades across a wide range of commodities and have delivered more than 8,000 projects, studies, and managed services solutions, and currently operate more than a dozen sites through its operations and maintenance division. DRA has strong expertise in the mining, minerals and metals processing industries, as well as related non-process infrastructure such as, water, and energy solutions and focusses on sustainability and assisting mining companies to achieve their Environmental, Social and Governance goals. DRA covers all major mining centres with offices across Africa and the Middle East , North and South America , and Asia-Pacific .


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