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SGS – A Geological Perspective of the PAK Lithium Project

April 7, 2022 @ 12:00 pm - 1:30 pm

A Geological Perspective of the PAK Lithium Project

Garth Drever

Vice-President Exploration, Frontier Lithium

Abstract

Frontier Lithium is a preproduction business, based in Sudbury Ontario, and is targeting the production of battery-quality lithium materials to support electric vehicle production. It is developing the PAK Lithium Project in northwestern Ontario. The Project is supported by a Measured and Indicated resource of 21.64 million tonnes (Mt) averaging 1.56% lithium oxide (Li2O) and Inferred resource of 20.88 Mt averaging 1.42% Li2O. It is the highest-grade lithium deposit in North America and is the second largest by size.

The Project encompass 26,774 hectares of land at the south end of Ontario’s Electric Avenue, the largest land package hosting premium lithium-bearing pegmatites in Ontario. With the exception of the two other spodumene-bearing discoveries: the Bolt pegmatite (located between the PAK and Spark deposits), and the Pennock pegmatite (located 30 km northwest of the PAK deposit) it remains largely unexplored along a 65 km strike length.

A 2021 preliminary economic assessment (National Instrument 43-101 technical report titled “Pak Property” by BBA E&C Inc., issued on April 5, 2021) describes a fully integrated lithium operation from mining the resource to the downstream conversion for production of battery-quality lithium salts. The study 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.

Garth Drever is a geologist with over 45 years of mineral exploration experience. He worked extensively with Cameco Corporation where he specialized in innovative technologies for detecting ore bodies and has worked on many uranium deposits worldwide. From 2008 until 2012 he worked with Uravan Minerals on uranium projects in Saskatchewan, Nunavut and Northwest Territories and with Raven Minerals in Saskatchewan and Guyana. He has worked with Frontier Lithium since 2011 and was fundamental in the exploration process that led to new discoveries on the PAK Lithium Project. He holds a B.Sc in geology from the University of Regina and is a member of the Association of Professional Engineers and Geoscientists of Saskatchewan, and the Association of Professional Geoscientists of Ontario.

Meeting Link

Webinar link will be live at 11:45 am, talk to start at 12:00 noon (Saskatchewan Time).

You’re invited to join a Microsoft Teams meeting.

Title: David Thomas’s Teams Meeting

Time: April 7, 2022 11:45:00 a.m. Central Standard Time

Join on your computer or mobile app. Click here to join the meeting.

Details

Date:
April 7, 2022
Time:
12:00 pm - 1:30 pm

Venue

Online event