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Garth Drever can’t hide his excitement over Frontier Lithium’s Pakeagama Lake Pegmatite (PAK) project’s initial findings and estimates. But he is reluctant to say it could be the first lithium mine in Canada.
“It could be a few years before we go into production, but we are very happy with what we are seeing,” said Drever, vice-president of exploration of the Sudbury-based junior mining company, formerly known as Houston Lake Mining.
“The deposits are very clean, very high grade and that’s generating a lot of interest.” He was speaking on the latest findings from the project at the monthly meeting of the Sudbury Prospectors and Developers Association on March 20.
His presentation took a look at the progress, from discovery to preliminary feasibility study, as well as a proposed mine site plan, possible winter and all-season roads, and a rough estimate for a production date.
The project is located 175 kilometres north of Red Lake, near the First Nation communities of North Lake, Deer Lake and Spirit Lake. The company recently released the mineral resource calculations, showing out about a 1.82 per cent lithium content total in the 10,416,050 tonnes mined in the bulk pegmatite.
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