Falcon Lake Lithium Project

Ontario, Canada

Positive historical
exploration

Highly fertile region for
Lithium bearing pegmatites

Proximity to supporting
infrastructure

The 90% owned Falcon Lake Project is a highly prospective Lithium exploration property located in a great mining jurisdiction supported by key infrastructure. It is nestled amongst many other Lithium explorers and developers such as Green Technology Metals and Rock Tech Lithium. Historical drilling have intercepted outstanding results such as 24.4m at 1.48% Li2O from 10.9m.

Falcon Lake Interactive Map-V4 Created with Sketch.

Falcon Lake Cross Section Drilling Results

Recent (2009 onwards) exploration included mapping, grab and channel sampling and a small drilling program to confirm pegmatite continuity and lithium and tantalum down dip from surface trenching.

Green Technology Metals Site

9.9 Mt at 1.04% Li2O resource in accordance with the JORC Code.

The Flag Ship Seymour Project is located near the township of Armstrong and approximately 250km north of the city and port of Thunder Bay which has a long mining history and a base for geological and mining contractors.

Little Jackfish Hydroelectric Station

Ontario Power Generation Inc. (OPG) is proposing to develop up to 78 megawatts of renewable hydroelectric power through the construction of one generating station on the Little Jackfish River (Proposed Undertaking).

Armstrong Township

Armstrong is a small, rural community located 250km north of Thunder Bay at the end of Highway 527 and northwest of Lake Nipigon – Ontario’s largest inland lake. It is accessible by road but also by Via Rail and charter air services to the Armstrong airport.

The community of Armstrong is the gateway to Wabakimi Provincial Park; a world-class canoeing and recreational wilderness park in the heart of Northwestern Ontario. The area is made up of large Boreal Forests and fresh water lakes and rivers – a natural environment to explore while camping, hunting, canoeing and fishing.

There are approximately 300 people living in Armstrong and another 400 residents on the Whitesand First Nations reserve, directly adjacent to the town. Local residents enjoy a quiet rural lifestyle, surrounded by pristine nature and incredible beauty. The way of life is relaxed and friendly. Above all, Armstrong is a multicultural community that welcomes new people and businesses who want to ensure a vibrant future for the area and its residents.

Whitesand First Nation

The Whitesand First Nation is an Ojibwa First Nation with a land base of 615 acres. The community of Armstrong Settlement is the main community in the area. In June 2008, their total registered population was 1086 people, of which their on-reserve population was 311.

Originally located along the northwest shore of Lake Nipigon near Mount St. John, and near the Whitesand River, which gives name to the group, Whitesand First Nation was without a home from 1942 when high water levels began eroding the shoreline and flooding out their buildings and burial grounds. Due to the economic influence of the Canadian National Railway, many Whitesand First Nation members settled along the CNR rail line. Largest of these settlements took place in Armstrong. Consequently, when a new Reserve was negotiated, it was located immediately north of that community.

Aroland First Nation

Aroland First Nation is an Anishnawbe First Nation located 60km north of Geraldton and 20km west of Nakina on Hwy 643 in Northern Ontario, Canada.

Aroland First Nation is an organisation which is dedicated to delivering and creating education, health, cultural, and economic opportunities for its members and conserving its traditional territory. Aroland has a strong connection to the land and has been a steward of the land since time immemorial. Prior to European contact, the ancestors of Aroland First Nation hunted and fished, as well as both cultivated and gathered vegetation from the land. The settlement of Aroland First Nation occurred circa 1900 by community members engaged in the fur trade with the Hudson’s Bay Company.

Canadian National Rail

CN’s network is your connection to North America and the world. Whether you’re shipping across our rail network of approximately 20,000 route-miles of track, shipping globally through the many ports we service on three coasts, or leveraging 23 strategically located Intermodal terminals across our network, we connect you with the people that matter most: your customers.

AZA First Nation

Animbiigoo Zaagi’igan Anishinaabek First Nation is an Ojibwe First Nation in northwestern Ontario with a reserve on Partridge Lake called Lake Nipigon Indian Reserve within the town of Greenstone.

From being formally recognised by the Government of Canada as a community in 1921, through to many years of negotiation and signing a final land agreement in 2005, the Animbiigoo Zaagi’igan Anishinaabek continue to thrive and enhance services to AZA members.  New policies for election, membership and finance are finalised and passed by membership. The history of AZA Elders is documented in a film entitled “Red Willow Trails” and efforts are focussed on preparation for reserve development.

Project Details

The 90% owned Falcon Lake Lithium Project covers a total of 214 mining claims covering 4,280 hectares (42.8km2) of ground in the east-west trending Caribou Lake-O’Sullivan Greenstone Belt which extends eastward into the Onamon-Tashota Greenstone Belt.

The project area is located approximately 325km North-northeast of Thunder Bay, Ontario which is the closest port of Lake Superior for seaboard access. The Project area is located approximately 7km northeast of Armstrong, Ontario.

The Falcon Lake Project is surrounded by other lithium developers and explorers such as Green Technology Metals, Rock Teck, Imagine Lithium and Ultra Lithium.

Nearby access to infrastructure is available with the Canadian National Rail Line running just south of the Project and the proposed Little Jackfish HydroElectric Station only ~10-15km away. The site is located ~3.5 hours from Thunder Bay.

Government backing for resource development is extremely strong in Ontario as stated by Greg Rickford (Minister of Northern Development, and Indigenous Affairs) where Ontario has a firm focus on taking its position as a global player in the energy transition:

“Our government’s vision for Ontario’s mining sector is to transform it into a leading producer of critical minerals. The Critical Minerals Strategy is our roadmap for driving this transformation and ensuring that Ontario takes its rightful place in the global supply chain for the economy of the future.”1

Coupled with Canada’s desire to develop an integrated battery manufacturing ecosystem, Pathfinder feels it is well placed in a pro resources/mining jurisdiction.

The first reported work on the Falcon Lake property was completed in 1956 by British Canadian Lithium Mines Ltd (BCLM). Scout drilling carried out by BCLM intersected lithium showings.

Recent (2009 onwards) exploration included mapping, grab and channel sampling and a small drilling program to confirm pegmatite continuity and lithium and tantalum down dip from surface trenching.

Further exploration in 2016 returned some extremely encouraging spodumene intercepts as follows:

  • 24.4m at 1.48% Li2O from 10.9m; including
    • 9.0m at 1.95% Li2O from 20.4m in drill hole FLDD006; and
  • 21.7m at 1.09% Li2O from 48.0m; including
    • 7.9m at 1.31% Li2O from 49.8m in drill hole FLDD001.

The results are displayed on the Interpretive Geological cross section displayed below. Significant drilling results from 2010 and 2016 drilling are included in Appendix 6.

The Falcon Lake area is relatively underexplored but has geological characters favouring discoveries of more lithium pegmatites.

Battery Age Minerals plans on systematically exploring the property in order to unlock the true value of the projects.