15 August 2023
August 15, 2023 – Vancouver, B.C., Li-FT Power Ltd. (“LIFT” or the “Company”) (CSE: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) provides an update of operations at the Yellowknife Lithium Project (YLP), NWT:
Due to forest fire activity in the Northwest Territories, LIFT is temporarily demobilising personnel, essential equipment, and key drill core from Hidden Lake Camp. A small maintenance crew will remain in camp at this time. LIFT’s has been extreme during the summer months of 2023. Currently, two fires are burning in areas proximal to LIFT’s Hidden Lake Camp – the Ingraham Trail Fire (ZF011) is currently 18 kilometers to the north-northwest and the Dettah Fire (ZF085) is currently 26 kilometers to the south-southwest. Although the Hidden Lake Camp is not considered at immediate risk, however smoky conditions are interfering with routine drilling operations and winds are expected to present challenging conditions for fire-fighting crews over the coming days. LIFT is working with the Government of the Northwest Territories to support local fire-fighting efforts and has released a helicopter to assist in the campaign.
Francis MacDonald, CEO stated “We are monitoring the fire situation closely and will resume normal operations as soon as possible. Our thoughts are with the people who have been evacuated from their homes and communities and with the fire crews that are working tirelessly to protect the Northwest Territories.”
LIFT is a mineral exploration company engaged in the acquisition, exploration, and development of lithium pegmatite projects located in Canada. The Company’s flagship project is the Yellowknife Lithium Project located in Northwest Territories, Canada. LIFT also holds three early-stage exploration properties in Quebec, Canada with excellent potential for the discovery of buried lithium pegmatites, as well as the Cali Project in Northwest Territories within the Little Nahanni Pegmatite Field.