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Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

Frontier Lithium Inc. is engaged in the acquisition, exploration and development of lithium mineral properties in Ontario, Canada. The Company is engaged in a pre-production business with a focus to be a strategic and integrated domestic supplier of spodumene concentrates for industrial users as well as battery-grade lithium hydroxide and other chemicals to the electric vehicle and energy storage markets in North America. The Company’s flagship asset, PAK Lithium Project, located about 175 kilometers (km) north of Red Lake, Ontario in the Red Lake Mining District and encompasses close to 27,000 hectares (ha). It also has two other spodumene-bearing discoveries, such as the Bolt pegmatite, which is located between the PAK and Spark deposits, as well as the Pennock pegmatite, located 25 km northwest of the PAK deposit within the project claims. Its lithium products include spodumene concentrate and lithium hydroxide monohydrate.


TSXV:FL - Post by User

Comment by Buffalo1956on Oct 11, 2022 2:31pm
196 Views
Post# 35017762

RE:RE:Great results but

RE:RE:Great results butThere is already a PFS for the higher grade PAK deposit that produces technical grade concentrate, it was put out March 2018 . They have already produced "technical grade" concentrate from a "life of mine" sample of ore , it was put out May 2020 . All the work has been done to start producing technical grade concentrate from the PAK deposit . A 250 ton concentrator would only cost about $30 million all in . Between an off take with say Corning and some upfront money in the deal and a relatively small loan from a bank , money should not be a problem to build this . Seriously, Rick could write a check himself for all of it . My take is with all the work and planning completed to date , they can get this built and in operation by the end of next year (2023).
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