LIFT Identifies Thousands of Spodumene Grains in an Indicator Mineral Study at the Nottaway Lithium Project, Quebec
Globenewswire·2025-12-10 08:05

Core Insights - Li-FT Power Ltd. has reported promising exploration results from the Nottaway Lithium Project, indicating a potential lithium-pegmatite discovery opportunity in Quebec [1][3] Exploration Results - In summer 2025, the company collected 49 till samples for indicator mineral analysis, revealing a 1 x 3 km area with elevated spodumene grain counts, suggesting the presence of concealed pegmatite systems [2][4] - The analysis by Overburden Drilling Management (ODM) showed exceptional spodumene counts, with values exceeding 2,000 grains, which are rare in Canadian glacial sediments [3][4] - Significant results included five samples with over 200 spodumene grains, with the best sample yielding over 800 grains from the dense mineral fraction and approximately 1,200 grains from the mid-density fraction, totaling around 2,000 grains [3][4] Geological Context - The Nottaway Project is situated on the southern margin of the Frotet–Evans Greenstone Belt, an area known for hosting large spodumene pegmatites, including the nearby Cisco discovery by Q2 Metals [8] Project Agreement - On January 31, 2025, the company entered into an agreement for an option to purchase the Nottaway Project, which includes cash payments, exploration expenditures, and a 1% net smelter royalty [9][10]