Frontier Applauds Budget Allocation to Beren's Bridge and Road Project: A Major Advancement for Infrastructure in Northwestern Ontario
Consistent with provincial and federal government commitments to reconciliation, this project exemplifies the collaborative spirit between provincial, federal authorities and Indigenous Peoples who have all contributed to the project. The construction funding shared between the provincial and federal governments, will enable the creation of a two-lane, 196-meter bridge over the
"This bridge and road will benefit both
Beyond an infrastructure undertaking, the
"Frontier wishes to recognize the leadership of
As Frontier applauds this announcement, the company is committed to working alongside Indigenous communities and partners to ensure the successful completion of the
About
About the
The PAK lithium project contains North America's highest-grade lithium reserves and is the largest in Ontario by size. The project encompasses close to 27,000 hectares and remains largely unexplored; however, since 2013, the company has delineated two premium spodumene-bearing lithium deposits (PAK and Spark), located 2.3 kilometers 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 kilometers northwest of PAK deposit within the project claims). A 2023 Pre-Feasibility Study "National Instrument 43-101
Forward-looking statements
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact constitute forward-looking statements. Forward looking statements contained in this news release include, but are not limited to, statements with respect to: estimated mineral resources, estimated capital costs to construct mine facilities, estimated operating costs, the duration of payback periods, estimated amounts of future production, estimated cash flows, net present value, the PFS and DFS and statements that address future production, resource and reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects.
Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those expressed in the forward-looking statements.
Forward-looking statements involve inherent risks and uncertainties. Risk factors that could cause actual results to differ materially from those in forward looking statements include: market prices for commodities, increases in capital or operating costs, construction risks, availability of infrastructure including roads, regulatory and permitting risks, exploitation and exploration successes, continued availability of capital and financing, financing costs, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, please review the Company's public filings available at www.sedarplus.ca.
Neither the
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