Frontier Lithium to drill untested Bolt Pegmatite Site

Frontier Lithium continues to conduct environmental baseline studies to advance project permitting at their PAK Lithium project in Northwestern Ontario. The company also updated its current and future exploration plans for the PAK Lithium Project in northwestern Ontario.

Frontier Lithium has an exploration target of 100M tonnes (measured, indicated, and inferred) of open pit resource on the project as part of their Phase XIII Diamond Drill Program that targets up to 10,000 metres.

The project has two exploration drills on site with maiden drilling on the untested 600-meter-long Bolt pegmatite to commence by spring. Geotechnical and environmental drilling is currently underway at PAK.

" It's exciting times to increase a world-class spodumene pegmatite like Spark with what we anticipate from drilling the Bolt pegmatite,” said Garth Drever VP Exploration. “Although not visibly connected on the surface, drilling may confirm continuity at depth."

The Phase XIII drill program will contribute towards the company's exploration target of 100M tonnes of open pit resource on the PAK Lithium Project and to perform limited geotechnical and environmental drilling to support feasibility study of the project.

Frontier Lithium will soon start a maiden drill program assessing the 600-metre-long Bolt pegmatite showing located between the PAK and Spark deposits. The company has defined the Bolt pegmatite site through surface mapping and two channel cuts (36m channel averaging 1.51% Li2O and 49m channel averaging 1.14% Li2O spaced 230m apart).

The company will drill a minimum of six boreholes at the Bolt site. During the summer other targets generated during the 2022 regional mapping and prospecting will be followed-up with detailed mapping, and channel sampling.

Frontier Lithium is planning further exploration drilling to define the western extension of the Spark deposit, particularly the high-grade zone intersected to the northwest, including the one-kilometre area between the Spark deposit and the new pegmatite discovered through two grab samples averaging 3.1% Li2O in 2022.

In January 2023, the Ontario government issued permits to extract and remove 1,000 metric tonne bulk samples from both the PAK and Spark deposits. Currently drilling, blasting, and hauling activities are taking place on the Project.

 In February, Frontier commenced hydrogeological and geomechanical drilling on the project site. The results will be part of a feasibility study at the PAK deposit pit area.

On February 28th, 2023, the Company updated the Mineral resource estimate (report pending) on Spark deposit only.

About Frontier Lithium and the PAK Project

Frontier Lithium's goal is 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 premium lithium mineral district located in Ontario's Great Lakes region.

For further information: Company Contact Information: Bora Ugurgel, Manager, Investor Relations, 2736 Belisle Dr. Val Caron, ON. P3N 1B3 CANADA, T. +001 705.897.7622, F. +001 705.897.7618
 

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