Overview
Location
Snow Lake, Manitoba
Deposit Type
Pegmatite – hard rock lithium (spodumene)
Primary Minerals
Lithium
Ownership
100% Frontier Nuclear and Minerals
Stage
Scoping Study
Highlights
- A total of 35,000 meters of drilling have been completed at the Snow Lake Lithium Project
- SK-1300 Mineral resource estimate of 8.2 million tonnes grading 1% Li2O consisting of:
- Measured resource: 748,000 tonnes 1.13% Li2O
- Indicated resource: 6,560,006 tonnes 1.10% Li2O
- Inferred resource: 1,007,119 tonnes 0.99% Li2O
- Large prospective land package of ~59,587 acres that is only 1% explored
- Deposit remains open along strike and at depth
- Scoping Study completed in mid-2023 demonstrated positive economics at USD$3,500 per tonne
- With current prices of USD$2,000 per tonne, further development is on hold until the lithium market and lithium prices improve
- Further development to include additional drilling to increase resource base together with a pre-feasibility study
