SUDBURY,
ON, Oct. 19, 2021
- Frontier Lithium has successfully produced battery grade
lithium chemicals from its own high-quality spodumene
resource(1) from the PAK deposit, part of the PAK
Lithium Project in Ontario.
- Frontier is currently conducting additional bench-scale testing
of a third-party's patented alkaline process route to produce
lithium hydroxide from the company's second Spark 'open pitable'
resource.
- This work builds on Frontier Lithium's [strategy, plan, desire]
to… [use information from Trevor's quote] Data generated is
contributing to the on-going internal scoping/trade-off study
assessing various process options to be utilized for piloting to
support Pre-Feasibility Study (PFS).
/CNW/ - Frontier Lithium Inc. ("Frontier" or "the
Company") has successfully produced battery-quality
lithium hydroxide monohydrate (LiOH-H2O) through a reputable
third-party firm using its crystallization process technology from
a purified lithium hydroxide (LiOH) solution produced
by Frontier Lithium. The lithium salts were produced from
'ore-to-hydroxide' sulphate conversion route by a mini-pilot plant
using core samples taken from the PAK Lithium Project's PAK
deposit. Test work results are shown in Table 1.
Table 1: Results of Frontier Lithium Hydroxide Testwork and
Industry Specifications
Item
|
Unit
|
FL Result
|
China
Spec(2)
|
N.A Suplier
Spec (3)
|
LiOH
|
%
|
56.5
|
³56.5
|
56.5
|
Na
|
ppm
|
6
|
20
|
20
|
K
|
ppm
|
<10
|
10
|
10
|
Fe
|
ppm
|
ND(4)
|
8
|
5
|
Ca
|
ppm
|
4
|
150
|
15
|
Cu
|
ppm
|
ND
|
5
|
5
|
Mg
|
ppm
|
<1
|
10
|
10
|
Si
|
ppm
|
34
|
30
|
30
|
Cl
|
ppm
|
<20
|
20
|
20
|
S04
|
ppm
|
<30
|
100
|
100
|
2. Chinese Standard
GB/T 8766-2013 T2
|
3. Company
sources
|
4. ND means "Not
detected"
|
Trevor Walker, President and CEO
of Frontier Lithium stated, "We continue to progress, de-risk
and execute on our plan to build a fully-integrated lithium
chemicals company to service the global battery and electric
vehicle industry." He also added "We are looking to complete
lithium chemicals process selection by year-end and will then
commence subsequent piloting and demonstration programs necessary
to deliver the feasibility of an optimized process with innovative
technology necessary for building a commercial lithium chemical
processing plant in North
America."
The program results reflect Frontier's ability to produce
concentrate and lithium hydroxide from the PAK Lithium Project. The
Government of Ontario is
financially supporting the program of conventional direct
conversion sulphate and novel sulfate-free processing of spodumene
concentrates. The test work will support the PFS study currently
being conducted to assess the viability of a vertically integrated
chemical company through operation of a spodumene mine and
concentrator at the PAK Lithium Project to feed lithium chemicals
plant operation in the Great Lakes region of North America.
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.
About Frontier Lithium Inc.
Frontier Lithium is a pre-production business that is targeting
to become a manufacturer of battery-quality lithium hydroxide to
support electric vehicle and battery supply chains in North America. Frontier owns the PAK Lithium
Project which contains one of North
America's highest-grade, large-tonnage hard-rock lithium
resources in the form of a rare low-iron spodumene. The Project
continues to have significant exploration upside with
potential to increase the lithium resource. It is a pure play
lithium company with the largest land position in the Electric
Avenue, a premium lithium mineral district located in Northern Ontario.
About the PAK Lithium Project
The PAK Lithium Project encompasses 26,774 hectares at the south
end of Ontario's Electric Avenue,
the largest land package hosting premium lithium-bearing pegmatites
in Ontario. The Project covers 65
kilometres of the Electric Avenue's length and remains largely
unexplored; however, since 2013, the company has delineated two
premium spodumene-bearing lithium deposits (Pak and Spark) located
2.3 kilometres from each other. A 2021 preliminary economic
assessment of a fully integrated lithium operation utilizing
spodumene concentrate generated from the Pak lithium project
resource – (1) Measured and Indicated resource of 10.49 Mt
averaging 1.78% Li2O and Inferred resource of 18.48 Mt
averaging 1.45% Li2O - to achieve downstream conversion
for production of battery-quality lithium chemicals (National
Instrument 43-101 technical report titled "Pak Property" by BBA
Engineering Ltd., issued on April 5,
2021) resulted in an after-tax net present value (discounted
at 8 per cent) of $974-million (U.S.)
with a 21-per-cent internal rate of return. Considerable
exploration upside is supported on the Pak lithium project through
two other spodumene-bearing discoveries: the Bolt pegmatite
(located between the Pak and Spark deposits) as well as the Pennock
pegmatite (a further 30 kilometres northwest of Pak within the
project claims).
Forward-looking statements
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. This release includes certain statements
that may be deemed "forward-looking statements". All statements in
this release, other than statements of historical facts, that
address future production, reserve potential, exploration drilling,
exploitation activities and events or developments that the Company
expects are forward-looking statements. Although the Company
believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance and actual results or
developments may differ materially from those in the
forward-looking statements. Factors that could cause actual results
to differ materially from those in forward looking statements
include market prices, exploitation and exploration successes,
continued availability of capital and financing, and general
economic, market or business conditions. Investors are cautioned
that any such statements are not guarantees of future performance
and those actual results or developments may differ materially from
those projected in the forward-looking statements. For more
information on the Company, Investors should review the Company's
registered filings what are available at https://www.sedar.com
SOURCE Frontier Lithium Inc.