LIFT Intersects 28 m at 0.99% Li2O at its BIG East pegmatite, Yellowknife Lithium Project, NWT

27 December 2023

December 27, 2023 – Vancouver, B.C., Li-FT Power Ltd. (“LIFT” or the “Company”) (TSXV: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to report assays from 8 drill holes completed at the BIG East, Echo, Fi Main, Ki, & Shorty pegmatites within the Yellowknife Lithium Project (“YLP”) located outside the city of Yellowknife, Northwest Territories (Figure 1). Drilling has intersected significant intervals of spodumene mineralization, with the following highlights:   

Highlights:

  • YLP-0115: 28 m at 0.99% Li2O, (BIG East)
    including: 8 m at 1.43% Li2O
  • YLP-0120: 23 m at 0.61% Li2O, (Echo)
    including: 6 m at 1.06% Li2O
  • YLP-0111: 11 m at 0.52% Li2O, (Shorty)
    including: 2 m at 1.24% Li2O
  • YLP-0124: 6 m at 1.07% Li2O, (BIG East)

Discussion of Results

This week’s drill results are for eight holes drilled on five different pegmatite complexes, with two holes each from BIG East (YLP-0115, -0123), Shorty (YLP-0070, -0111), and Fi Main (YLP-0071, -0137) as well as one hole each from Echo (YLP-00120) and Ki (YLP-0118). 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.

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