14 June 2023
June 14, 2023 – Vancouver, B.C., Li-FT Power Ltd. (“LIFT” or the “Company”) (CSE: LIFT) (Frankfurt: WS0) is pleased to report that initial drilling below the Fi Southwest pegmatite has intersected widths of spodumene-bearing pegmatite similar to surface exposures and that the dyke contains similar amounts of spodumene to what was reported in historic work completed in the 1970s and 1980s1 (locally 5 – 50% spodumene content).
Francis MacDonald, CEO of LIFT comments, “We are pleased that, to date, the historic results1 produced by previous operators have been confirmed by our drilling at Fi Southwest. The presence of spodumene within the Fi Southwest dyke over drill intersects of 33 to 80 meters suggests that the historic work was accurate and that the lithium pegmatite dykes have similar widths at depth to outcrops on surface. We look forward to initial assay results and continued diamond drilling that will extend the known pegmatite occurrences to depth.”