Li-FT Power Reports Impressive Lithium Drill Results from Yellowknife Project in March 2024

• Li-FT Power reported significant drill results from its Yellowknife Lithium Project (YLP) over the month of March 2024.
• Multiple high-grade lithium intersections were encountered at the Fi Southwest, Echo, and Fi Main pegmatites.
• Notable results include 19 m at 1.31% Li2O at Fi Southwest, 16 m at 1.26% Li2O and 14 m at 1.55% Li2O at Echo.
• The company continues to expand the known mineralization at YLP through aggressive drilling.
• LIFT's successful drill campaign demonstrates the project's potential to host a significant lithium resource.

About Li-FT Power

Li-FT Power (TSXV: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) is a mineral exploration company focused on the acquisition, exploration, and development of lithium pegmatite projects in Canada. The company's flagship asset is the Yellowknife Lithium Project (YLP), located near the city of Yellowknife in the Northwest Territories.

Li-FT also holds three early-stage exploration properties in Quebec and the Cali Project in the Northwest Territories.

Impressive Drill Results Reported in March 2024

Throughout March 2024, Li-FT Power released a series of impressive drill results from its ongoing exploration program at the Yellowknife Lithium Project. These results demonstrate the project's potential to host a significant lithium resource and underscore the company's successful exploration strategy.

March 6, 2024 Results

On March 6, 2024, Li-FT reported assays from 8 drill holes completed at the Fi Southwest, BIG West, Nite, and Echo pegmatites. Highlights include:

• 19 m at 1.31% Li2O at Fi Southwest (YLP-0200)
• 13 m at 1.24% Li2O and 23 m at 1.03% Li2O at Echo (YLP-0203 and YLP-0205)

March 13, 2024 Results

On March 13, 2024, the company announced results from an additional 8 drill holes focused on the Echo, Fi Main, Fi Southwest, and Fi Boye pegmatites. Key intersections include:

• 16 m at 1.26% Li2O, 10 m at 1.57% Li2O, and 10 m at 1.29% Li2O at Echo (YLP-0216)
• 14 m at 1.20% Li2O at Echo (YLP-0213)

March 19, 2024 Results

Most recently, on March 19, 2024, Li-FT reported assays from 8 more drill holes targeting the Echo, Fi Main, Fi Southwest, and Nite pegmatites. Significant results include:

• 14 m at 1.55% Li2O at Echo (YLP-0223)
• 13 m at 1.45% Li2O at Echo (YLP-0226)
• 9 m at 0.97% Li2O at Fi Main (YLP-0219)

Expanding Known Mineralization at YLP

The drill results released by Li-FT Power over the course of March 2024 demonstrate the company's ability to consistently intersect high-grade lithium mineralization across multiple pegmatite targets at the Yellowknife Lithium Project. These results not only confirm the presence of significant lithium mineralization but also expand the known extent of these pegmatite systems.

At the Echo pegmatite, drilling has shown that the system remains open along strike and at depth. The March 19, 2024 results, which included intersections of 14 m at 1.55% Li2O and 13 m at 1.45% Li2O, were from the southeastern portion of the Echo pegmatite, where an additional 500 m of strike length remains untested. This suggests that there is considerable potential for further growth of the Echo pegmatite system.

Similarly, drilling at the Fi Southwest pegmatite continues to intersect strong lithium grades, as evidenced by the March 6, 2024 result of 19 m at 1.31% Li2O. The company has also reported encouraging results from the Fi Main, Fi Boye, and Nite pegmatites, indicating that the Yellowknife Lithium Project hosts multiple prospective targets for lithium mineralization.

Conclusion

Li-FT Power's successful drill campaign at the Yellowknife Lithium Project, as demonstrated by the impressive results released throughout March 2024, underscores the project's potential to become a significant source of lithium in Canada. The company's ability to consistently intersect high-grade lithium mineralization across multiple pegmatite targets bodes well for the future development of the project.

As Li-FT Power continues its aggressive exploration program, investors should keep a close eye on the company's progress. With a strong management team, prospective land package, and encouraging drill results, the company is well-positioned to capitalize on the growing demand for lithium in the global transition to clean energy technologies.

Investors should also note that while these drill results are highly encouraging, the Yellowknife Lithium Project is still in the exploration stage, and further work will be required to delineate a resource and advance the project towards potential development. As with any exploration-stage company, there are inherent risks associated with mineral exploration, and investors should conduct their own due diligence before making investment decisions.

Overall, Li-FT Power's successful drill campaign at the Yellowknife Lithium Project over the month of March 2024 has showcased the company's potential to become a significant player in the lithium exploration and development space. With a promising project, strong management team, and a clear exploration strategy, Li-FT Power is well-positioned for growth as the demand for lithium continues to rise in the coming years.