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FRONTIER LITHIUM REPORTS FIRST QUARTER RESULTS
FRONTIER LITHIUM REPORTS FIRST QUARTER RESULTS Canada NewsWire SUDBURY, ON ...
About this update from Frontier Lithium Inc.
[{"type":"text","content":"\n\n\n\n FRONTIER LITHIUM REPORTS FIRST QUARTER RESULTS\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n SUDBURY, ON\n \n\n ,\n \n\n Aug. 23, 2024\n \n\n /CNW/ - Frontier Lithium Inc. (TSXV: FL) (FRA: HL2) (OTCQX: LITOF) (\"Frontier\" or the \"Company\") has reported financial results for the first quarter ended\n \n June 30, 2024\n \n . The financial statements and the related management's discussion and analysis have been filed on SEDAR+ and can be viewed under the Company's profile at (\n \n www.sedarplus.ca\n \n ) and on the company's website at\n \n www.frontierlithium.com\n \n\n\n\n\n\n\n\n\n\n The Company continues to advance its PAK Lithium Project (the \"Pak Lithium Project\" or \"Project\") and assess the viability of constructing and operating a fully-integrated lithium mine and chemicals processing facility to deliver battery-grade lithium carbonate and lithium hydroxide for the burgeoning lithium-ion battery market in\n \n North America\n \n .\n \n\n On\n \n June 30, 2024\n \n , the company had cash and cash equivalents of\n \n $30,360,000\n \n , leaving it well positioned to meet corporate and administrative expenses and to further execute on its planned business objectives.\n \n\n\n Highlights for the Quarter Ended June 30, 2024\n \n\n\n\n Exploration\n \n\n\n The Company's completed Phase XIII drill program included four holes at the Spark deposit, extending this deposit and delineating the Bolt pegmatite. As of\n \n March 2024\n \n , a total of 11,364 meters were drilled across 46 holes by the Company. At the PAK deposit, 2,033 meters of geomechanical and hydrogeological drilling was completed in preparation for the Company's proposed definitive feasibility study (\"DFS\").\n \n\n\n Definitive Feasibility Study\n \n\n\n On\n \n November 1, 2023\n \n , DRA Americas Inc., an international multi-disciplinary engineering, project delivery and operations management company, was selected by the Company for assistance and preparation of the mine and mill portion of the DFS. Environmental baseline studies are on...