Frontier Lithium Announces Remaining 2022 Exploration Plans Including A Minimum Of 15,000 Meters Of Drilling And Releases The Results From Channel Sampling At The Bolt Pegmatite
SUDBURY, ON, May 2, 2022 /CNW/ -Frontier Lithium Inc.(TSXV: FL) (FRA: HL2) (OTCQX: LITOF)(the "Company" or "Frontier") is pleased to announce their 2022 exploration program and targets for the PAK Lithium Project (Project) in northwestern Ontario. Frontier's 2022 exploration activities will mainly include infill and step out drilling on the Spark deposit, as well as, detailed and regional mapping and prospecting in areas both proximal to known spodumene-bearing pegmatite deposits and in under-explored areas within their 27,000 ha claim block. Phase XI drilling was completed in March 2022 with a total of 1,343m in five holes drilled at the Spark deposit. All samples are currently being processed with results pending.
The company plans to continue evaluating the Spark pegmatite recommencing mid-May by now utilizing two diamond drills over the 2022 exploration period. With a current measured and indicated resource of 21 Mt averaging 1.56 per cent Li2O and an additional inferred resource of 20 Mt averaging 1.48 per cent Li2O, it is anticipated that the drilling will result in increases in all resource categories of the deposit.
Concurrently, a team of experienced geologists and prospectors will also work on a geological mapping and prospecting program. Emphasis will be placed on targeted areas of known spodumene-bearing pegmatites with the objective of making additional discoveries.
"Increasing the lithium resource base will add to the overall scalability of the PAK Lithium Project going forward ." states Garth Drever, Vice President Exploration of Frontier Lithium "Knowing that the Pennock pegmatite, 25 km to the northwest, has the grades and technical purity of the PAK deposit gives us confidence that more discoveries can be made."
During the 2021 fall drill program the team completed an additional channel on the recently discovered Bolt pegmatite located between the PAK and Spark deposits. Tables 1 and 2 provides details on the mineralization and location of the channel while Figure 2 shows the channels relative to the outline of exposed pegmatite. Channel 49, cut 125 m to the northwest of the previous channels, produced similar grades and mineral composition. The entire channel of 49maveraged 1.14% Li2O, but included a 29m of a higher-grade interval measuring 1.45% Li2O.