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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 Margin321on Jun 22, 2024 11:59am
176 Views
Post# 36101578

RE:RE:CRE way ahead on engineering and permitting

RE:RE:CRE way ahead on engineering and permittingBuffalo you make good points. If CRE had the Mitsubishi deal they could be producer with revenue very soon and shares would be flying. That deal is why I own FL and not CRE. The next tranche of Mitsubishi investment will not be determined by the depressed share price, but by the NPV of the Pak project from the DFS. Mitsubishi is also committed to assist beyond that with financing. And FL has Rick Walker as biggest holder and COB and by the way he owns Consbec with all the expertise to develop an open pit mine.  So FL has huge chance of being rare Junior miner that might actually be able to control and develop its own mine, the stated objective of CEO Trevor Walker (son of COB) for years.

But more than one of the many lithium projects may get developed. But if so it will likely be because a big miner buys them at just the right time. The CRE project is a lot further along than most. And the fact that they own 20% of the Power Nickel Nisk Nickel and Polymetallic project is a nice kicker, especially since their holding is an undiluted 20% through to DFS without contributing anything to ongoing funded exploration.

You might take a look at Power Nickel as their Lion Zone has crazy drill results and they are hoping it may be only one of several polymetallic lenses. And the Nisk main nickel project looks to be very commercial and may be connected to the polymetallic discovery 5 km away. It could be a discovery that will earn a place on lists of important Canadian discoveries like Voissey Bay. Yet to be proven. 

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