News Brief: Li-FT Power Ltd.

News Brief: Li-FT Power Ltd.

Tuesday, December 5, 2023

Vancouver, British Columbia based Li-FT Power Ltd. (TSXV: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) reported assays from 8 drill holes completed at the Ki, Shorty, and Fi-SW pegmatites within the Yellowknife Lithium Project located outside the city of Yellowknife, Northwest Territories.  

According to the release, drilling has intersected significant intervals of spodumene mineralization, with the following highlights:

- YLP-0102: 26 m at 1.14% Li 2 O, (Fi SW)

including: 12 m at 1.33% Li 2 O

and including: 7 m at 1.42% Li 2 O

- YLP-0097: 23 m at 1.03% Li 2 O, (Shorty)

including: 11 m at 1.69% Li 2 O

and: 10 m at 0.84% Li 2 O

including: 3 m at 1.73% Li 2 O

- YLP-0088: 20 m at 1.52% Li 2 O, (Shorty)

and: 6 m at 1.04% Li 2 O

- YLP-0104: 12 m at 1.58% Li 2 O, (Ki)

- YLP-0096: 12 m at 1.38% Li 2 O, (Ki)

and: 1 m at 1.13% Li 2 O

- YLP-0110: 10 m at 1.13% Li 2 O, (Ki)

including: 5 m at 1.51% Li 2 O

and: 7 m at 1.00% Li 2 O

- YLP-0065: 10 m at 1.16% Li 2 O, (Shorty)

including: 6 m at 1.64% Li 2 O

- YLP-0095: 10 m at 0.92% Li 2 O, (Fi SW)

Including: 4 m at 1.63% Li 2 O

LIFT is a mineral exploration company engaged in the acquisition, exploration, and development of lithium pegmatite projects located in Canada.

Shares are trading down 17 cents $5.24

Industry Competitors: Albemarle (NYSE: ALB), Lithium Americas (NYSE: LAC) (TSX: LAC), American Lithium Corp. (NASDAQ: AMLI) (TSXV: LI), and Piedmont Lithium (NASDAQ: PLL)


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