Houston Lake Mining Inc

General information

Invest in the north. A new exploration project developing a world-class lithium deposit. Listed FL on TSX:V

We believe in a northern approach to sustainable mining.

Frontier Lithium’s goal is to become a low-cost, fully integrated lithium and tantalum producer through the development of the PAK lithium deposit in Ontario, Canada.

The Company has adopted a staged growth approach to exploration and development in order to avoid unnecessary share dilution – a strategic imperative for the Company. The initial target market is the glass-ceramic industry which consumes roughly one-third of global lithium supply and is currently faced with monopolistic conditions, coupled with major lithium producers increasingly directing output toward supporting battery manufacture.

Ceramic/glass customers prefer to source technical-grade (low-iron) spodumene concentrate in excess of 7% lithium oxide (Li2O), if available, to avoid inferior lower grade petalite concentrates, or paying much higher prices for battery grade lithium compounds that require chemical plants costing hundreds of millions of dollars.

The PAK lithium deposit remains open in all directions and Company Management believes the resource can be developed into a world-class operation. Once production of lithium concentrates are established from Frontier, the possible second stage of investment and longer term prospect is to further process some of PAK’s output to produce the higher purity lithium compounds required for lithium battery technologies used in the electrification of transportation and electric grid storage applications.