LIFT intersects 25 m at 1.21% Li2O at its Shorty pegmatite, Yellowknife Lithium Project, NWT
11 June 2024
June 11, 2024 – Vancouver, B.C., Li-FT Power Ltd. (“LIFT” or the “Company”) (TSXV: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to report assays from 13 drill holes completed at the Shorty, Ki, Echo, BIG East, Fi SW, Nite, and BIG West pegmatites within the Yellowknife Lithium Project (“YLP”) located outside the city of Yellowknife, Northwest Territories (Figure 1). These drill results are the final batch of results from the winter 2024 drill program. Drilling intersected significant intervals of spodumene mineralization, with the following highlights:
Highlights:
- YLP-0284: 25 m at 1.21% Li2O, (Shorty)
and: 18 m at 1.41% Li2O
and: 10 m at 1.00% Li2O
and: 5 m at 1.76% Li2O - YLP-0272: 13 m at 1.05% Li2O, (Ki)
including: 8 m at 1.43% Li2O
Discussion of Results
This news release provides results for 12 drill holes from LIFT’s 2024 winter drilling program and one hole from the 2023 summer drilling. Holes are reported from seven different pegmatite complexes that include Shorty, Ki, Echo, BIG East, Fi SW, Nite, and BIG West. 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, “With this being the last drill results press release for a while, I would like to commend the team for operating a successful winter drill program. LIFT has drilled approximately 50,000 meters in the last 12 months and has shown the scale of the Yellowknife Lithium Project. We look forward to reporting a maiden resource estimate in the next months and also metallurgical test work.”