Frontier Lithium (TSXV: FL) has released drill results from five holes conducted as part of the first phase of its feasibility study at the PAK Lithium project.
The results come from the Spark deposit, where drilling was aiming to test pit-wall stability and hydrogeological conditions. Highlights from the results include:
- PL-GDH-24-24: 1.32% Li2O over 136.7 metres from surface
- PL-GDH-26-24: 1.24% Li2O over 53.2 metres from surface, and 2.12% Li2O over 26.9 metres from a depth of 222.0 metres
- PL-GDH-27-24: 1.93% Li2O over 48.1 metres from surface, and 2.23% Li2O over 49.8 metres from a depth of 129.7 metres
In addition to the above results, hole PL-134-24 was conducted as a step-out 200 metres to the west, which intersected 26.8 metres of pegmatite, beginning at a depth of 18.9 metres, however grades were dramatically lower at just 0.31% Li2O. The hole was drilled near a proposed overburden stockpile location.
In addition to the above geotechnical drilling conducted earlier this year at Spark, drilling is also said to have occurred at potential infrastructure sites for items such as stockpiles, tailings management, a mill and other related facilities.
Frontier is currently targeting the first half of 2025 for the completion of its definitive feasibility study, with spodumene concentrate production anticipated to begin in 2027.
Frontier Lithium last traded at $0.76 on the TSX Venture.
Information for this story was found via Sedar and the sources mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
