Li-FT Power Intersects Wide, High-Grade Zones at Flagship Yellowknife Lithium Project

Li-FT Power (CSE: LIFT, OTC: LIFFF, Frankfurt: WF0) is a mineral exploration company focused exclusively on lithium. With a highly experienced management team and board, the company is advancing a portfolio of lithium projects in Tier-1 mining jurisdictions. The flagship asset is the Yellowknife Lithium Project in the Northwest Territories, which Li-FT is aggressively exploring and drilling.

The Company recently reported exciting initial drill results from the Fi Southwest pegmatite zone at Yellowknife. Highlights included intersections of 79 meters at 1.13% Li2O and 39 meters at 1.43% Li2O. The results have confirmed spodumene mineralisation over 320 metres of strike length, to a depth of approximately 150 metres from surface at the Fi Southwest dyke which remains open in all directions. These exceptional widths and grades confirm that Southwest has the potential to host a substantial resource of high-grade lithium. And with drilling ongoing on the remainder of the dyke, a further 1,100 metres of strike length to a depth of 250 metres is being tested. 

With six drill rigs now operating at Yellowknife and 45,000 meters of drilling planned for 2023, Li-FT is aggressively advancing the project. The latest results support the potential for Yellowknife to develop into a premier Canadian hardrock lithium mine.

Lithium demand is surging, driven by electric vehicles and energy storage. As Li-FT unlocks value at one of the most promising lithium projects in Canada, investors should keep a close eye on exploration progress. With lithium prices high and drill results demonstrating exceptional widths and grades, Li-FT offers substantial upside for investors looking to capitalise on the lithium boom.