LIFT Power Intersects 26 Meters at 1.56% Li2O at the Yellowknife Lithium Project, NWT

Core Insights - Li-FT Power Ltd. has reported results from its 2025 work program at the Yellowknife Lithium Project, indicating ongoing exploration and resource delineation efforts in the Northwest Territories [1] Summary by Sections Work Program Overview - The 2025 work program included 18 drill holes totaling 3,171 meters, with six holes (2,378 m) for resource delineation, three holes (546 m) for geotechnical studies, and nine groundwater monitoring wells totaling 247 m [2] Results Discussion - Five of the six resource delineation holes were drilled on the Shorty pegmatite, totaling 1,868 m, along with three groundwater wells [3] - The Shorty pegmatite corridor is at least 1.4 km long and up to 100 m wide, consisting of both country rock and pegmatite [7] - Notable drill results include YLP-0290, which intersected a pegmatite dyke assaying 1.24% Li₂O over 13 m, and YLP-0295, which returned 1.56% Li₂O over 26 m [9][10][12] Groundwater Monitoring - Groundwater well YLP-0295 was drilled within the Shorty pegmatite and returned significant lithium assays, indicating the presence of spodumene [10] General Observations - The true thickness of reported intercepts is estimated to be between 65-100% of the drilled widths for the resource holes, while the groundwater well's true thickness is approximately 35-65% of the drilled width [13] - Visual core logging and mineralogical studies confirm that spodumene is the predominant host mineral for lithium [14] Quality Assurance and Control - All drill core samples were collected under supervision, with QA/QC measures in place, including the use of blanks and certified reference materials [19][20] Company Incentives - The company announced the grant of 2,065,000 incentive stock options and 87,300 restricted share units to its directors and employees, with options exercisable at $7.50 per share [21][22] Company Background - Li-FT Power Ltd. is focused on the acquisition, exploration, and development of lithium pegmatite projects in Canada, with its flagship project being the Yellowknife Lithium Project [24]