Frontier Lithium seeks to mine PAK project to supply electric vehicle sector
A Sudbury junior mining company has cashed up to do more exploration of its high-grade and open-ended lithium property in northwestern Ontario.
Frontier Lithium announced Dec. 15 that it’s raised $12 million in flow-through shares to boost the resource numbers at its PAK project, 175 kilometres north of Red Lake, near the Manitoba border.
The company’s 26,774-hectare property hosts two spodumene-bearing deposits, dubbed PAK and Spark, located two kilometres apart. Spodumene is the most widely used lithium because of its high lithium content.
Frontier Lithium claims PAK is a ‘Tier 1’ globally significant lithium resource with room to expand through exploration. The company has stated its intentions of bringing the two deposits into production with the help of a strategic investment partner.
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