Developing a World-Class Lithium Deposit for Expanding Markets
Frontier Lithium is actively exploring its 100% owned project which contains the Pakeagama Lake pegmatite - 10.4 million tonnes of what is the highest grade lithium deposit in North America*
Exploration work conducted throughout 2013 to 2016 shows the PAK deposit could be a potential near-term supplier of high-purity technical-grade lithium concentrates from the mineral spodumene that is preferred by the ceramic and glass market which consumes approximately one-third of total global lithium production.
Milburn Meekis of Deer Lake showing off some of the highest grade lithium ever drilled in North America. It contains in excess of 50% spodumene and is part of a 5 m zone averaging 4.9% Li2O and was intersected during the latest round of drilling on the PAK Lithium Project.
Tight share structure with management ownership exceeding over 30% of the company.
Highest-grade lithium deposit in North America with unique benefit of low-iron spodumene that remains open in all directions (March 2018 Mineral Resource Estimate).
Unique low-iron spodumene provides a low-capital cost entry into lithium market with firstly producing superior technical grade lithium concentrate used directly by glass/ceramics market with some additional by-product of chemical grade concentrates requiring further upgrading as required by the lithium battery market (defined as Phase I).
Potential future participation in the burgeoning lithium battery market with production of lithium compounds (defined as Phase II), current proof of concept underway.
Frontier Lithium is taking a very systematic, staged approach to advancing the PAK Lithium Project into the lithium market by assessment of producing lithium products through the following sequence:
Phase I is to produce technical grade lithium concentrates. Frontier has recently concluded the Pre-Feasibility Study supported by testwork that produced spodumene concentrate with a grade of 7.2% Li2O from with a corresponding Li2O recovery of 78.5% and iron oxide levels of 0.1% Fe2O3. These results meet expectations from the lithium market’s industrial consumers (technical grade), and consequently exceed chemical grade requirements for further upgrading to produce compounds for the lithium-ion battery market – a global market that is anxious to see a new, serious supplier in a favourable jurisdiction come online as a sustainable source for low-iron, high purity lithium.
Phase II is future production of battery and/or technical grade lithium compounds. Currently Frontier is conducting a proof of concept of producing lithium carbonate from representative spodumene concentrate.