30 April 2024
April 30, 2024 – Vancouver, B.C., Li-FT Power Ltd. (“LIFT” or the “Company”) (TSXV: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to report assays from 16 drill holes completed at the BIG East, Echo, Fi Main, & BIG North pegmatites within the Yellowknife Lithium Project (“YLP”) located outside the city of Yellowknife, Northwest Territories (Figure 1). Drilling intersected significant intervals of spodumene mineralization, with the following highlights:
Highlights:
Discussion of Results
This news release provides results for 16 drill holes (2,227 m) from LIFT’s 2024 winter drilling program. Four holes are reported from the BIG East pegmatite complex, eight from Echo, three from Fi Main, and one from BIG North. A table of composite calculations, general comments related to this discussion, and a table of collar headers are provided towards the end of this section.
Dave Smithson, SVP Geology of LIFT comments, “This week we saw the first holes back from the northeast end of the very impressive BIG-East pegmatite where YLP-0271 intercepted the best width, and highest grades drilled to date on the Big-E pegmatite, averaging 1.34% Li2O over 35 m. This hole marks the very most northeast limit of drilling and extends high grade mineralization under the lake from the southwest for a total of 750 m, to date. We are very excited to see what happens next as we move our drill rigs up onto the ice and continue testing along the dyke for more high-grade lithium zones hidden by the lake.”