LIFT Intersects 11 m at 1.52% Li2O at its Nite pegmatite, Yellowknife Lithium Project, NWT

13 February 2024

February 13, 2024 – 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 West, Nite & Ki 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:

• YLP-0177: 11 m at 1.52% Li₂O, (Nite)
        and: 1 m at 1.19% Li₂O
• YLP-0179: 12 m at 0.64% Li₂O, (Ki)
  including: 3 m at 1.39% Li₂O
        and: 5 m at 0.56% Li₂O
  including: 2 m at 1.22% Li₂O

Discussion of Results

This week’s drill results are from 1,184 m drilled across eight holes on the Nite, Ki and BIG West pegmatite complexes. 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.

Francis MacDonald, CEO of LIFT comments, “This week’s results show the high-grade nature of the Nite pegmatite. 11 meters at 1.52% Li₂O is an excellent result and shows that there is further potential along strike to the southwest and downdip at the Nite pegmatite.”

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