CMIF backing for infrastructure supporting Frontier’s PAK lithium project
TSX-V-listed Frontier Lithium has been awarded up to C$6.1-million in funding from the government’s Critical Minerals Infrastructure Fund (CMIF) to support infrastructure for its PAK lithium project, in Ontario.
One project is the preconstruction activities, including environmental studies, for an all-seasons, 56-km, two-lane mine access road that would link the PAK lithium project to the Ontario highway system.
The second project will conduct engineering, design and permitting studies for a substation and transmission line to enable grid connection from the PAK project to the Wataynikaneyap (Watay) power transmission line.
“As we move forward on our path to building the first fully integrated lithium mining-and-processing operation in Ontario, we know our objectives align nicely with that of the CMIF – to address infrastructure gaps, reduce emissions, and advance reconciliation with Indigenous peoples,” said Frontier president and CEO Trevor Walker.
The project encompasses close to 27 000 ha and remains largely unexplored; however, since 2013, the company has delineated two premium spodumene-bearing lithium deposits (PAK and Spark), located 2.3 km apart.
Exploration is continuing on the project through two other spodumene-bearing discoveries: the Bolt pegmatite (located between the PAK and Spark deposits), as well as the Pennock pegmatite (25 km north-west of PAK deposit within the project claims).
A 2023 prefeasibility study for the PAK project delivered a 24-year project life, delivering a post-tax net present value of $1.74-billion and an internal rate of return of 24.1%.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
