24 April 2025
April 24, 2025 – Vancouver, B.C., Li-FT Power Ltd. (“LIFT” or the “Company”) (TSXV: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to report results from preliminary laboratory lithium conversion testwork completed in 2025 on a spodumene concentrate sample from material from the Yellowknife Lithium Project, Northwest Territories, Canada. Metallurgical testwork comprised the calcination, sulphuric acid mixing and roasting, and water leaching tests which were undertaken at SGS Canada Inc. (“SGS”) in Lakefield, Ontario. Testing was completed on a DMS concentrate sample produced from pegmatite material from the Big East (BigE) deposit (see press release dated September 23, 2024). The conversion test work showed excellent results with up to 98% lithium extraction under typical operating conditions.
Summary of Results
Francis MacDonald, CEO of LIFT comments, “We are very pleased with the results of this preliminary lithium conversion test work, which demonstrated lithium extraction rates of up to 98%, a strong validation of the spodumene concentrate quality from our Yellowknife Lithium Project. These findings mark a significant technical milestone as we continue to advance the project towards becoming a future source of high-quality lithium for the North American battery supply chain.”