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Bullboard - Stock Discussion Forum Surge Battery Metals Inc. V.NILI

Alternate Symbol(s):  NILIF

Surge Battery Metals Inc. is a Canadian-based company. The Company’s Nevada North Lithium Project flagship property is dedicated to exploring clean high-grade lithium energy metals in Nevada USA - essential for powering tomorrow's electric vehicles. The Company’s management team boasts a strong track record of delivering significant shareholder value. The Company is led by a board and... see more

TSXV:NILI - Post Discussion

Surge Battery Metals Inc. > Check out FRONTIER LITH drill results, is NILI comparable?
View:
Post by ETalien on Nov 16, 2022 10:33am

Check out FRONTIER LITH drill results, is NILI comparable?

www.stockwatch.com/News/Item/Z-C!FL-3330565/C/FL

 

Frontier Lithium drills 338 m of 1.64% Li2O at PAK

 

2022-11-16 10:25 ET - News Release

 

Mr. Garth Drever reports

FRONTIER LITHIUM INTERSECTS 338M OF PEGMATITE AVERAGING 1.64% Li2O, INCLUDING A 68M ZONE OF 2.00% Li2O

Frontier Lithium Inc. has released results for four additional drill holes and one channel completed during the phase XII drill program on the Spark pegmatite which began in May with two diamond drill rigs and finished in October of 2022 with 14,641 metres in 45 holes. 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:

 

 

"We're pleased with the progress made at our PAK Lithium Project this year as the drilling season comes to an end." states Garth Drever, V.P. Exploration. "We're confident we've converted the required tonnage on the Spark pegmatite for our upcoming PFS and have also added to the total resource with new inferred material to the west and at depth."

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 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.

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 new 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 ongoing 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.

Comment by davidmb4 on Nov 16, 2022 10:53am
Not comparable. Frontier has long intercepts of high grade lithium. here's the clue. If they announce results in ppm then that is low grade. If they announce results in % then likely the grade is high. miners used to do this all the time with gold results everyone gets fooled with bigger numbers. JMO.
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