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Commencementof Lithium Drilling Initiated at Yellowknife Project in Northwest Territories by LIFT

Company Begins Drilling at Yellowknife Lithium Project, Northwestern Vancouver, British Columbia - Announcement Made on August 6, 2025 by Newsfile Corp.

Commences drilling operations at the Yellowknife Lithium Project, Northwest Territories, as...
Commences drilling operations at the Yellowknife Lithium Project, Northwest Territories, as announced by LIFT.

Commencementof Lithium Drilling Initiated at Yellowknife Project in Northwest Territories by LIFT

Li-FT Power to Commence Drilling at Yellowknife Lithium Project

Li-FT Power Ltd., a leading lithium exploration company, has announced the commencement of drilling at its Yellowknife Lithium Project (YLP) in the Northwest Territories, Canada. The drilling, scheduled to begin on August 25, 2025, forms part of a planned drill program totaling 3,445 meters across 10 drill holes.

The primary focus of this drilling campaign is the Shorty dyke, which will receive 2,655 meters of drilling, and the Nite dyke, with 790 meters. The aim is to extend known high-grade spodumene mineralization that remains open at the edges of prior drill campaigns from 2023 and 2024.

The Shorty pegmatite is a significant feature, consisting of several sub-parallel dykes that define a spodumene pegmatite corridor at least 1.4 km long and up to 100 m wide. Five of the planned holes for the Shorty dyke will test the northeast end, offsetting holes YLP-0284 and YLP-0097. The remaining three holes for the Shorty dyke are at the southwest end, offsetting spodumene intercepts in YLP-0079 and YLP-0059.

The Nite drill program includes two new deep holes, offsetting from YLP-0182 and YLP-0286 to a vertical depth of 300 m from surface. The Nite pegmatite complex is a north-northeast trending corridor of parallel-trending dykes exposed for at least 1.4 km.

The YLP project, with an estimated 50.4 million tons at a grade of 1.00% Li₂O, ranks among the top 10 largest spodumene projects in North America. This high-grade mineral resource estimate, which includes 8 spodumene-bearing pegmatite dykes, has been reviewed and approved by Ron Voordouw, Ph.D., P.Geo., a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects and a member in good standing with the Northwest Territories and Nunavut Association of Professional Engineers and Geoscientists (NAPEG).

Francis MacDonald, President & CEO of Li-FT Power, has stated that the focus for 2025 is on environmental baseline work, critical data collection, and resuming drilling to expand the resource base at the Yellowknife Lithium Project. This drilling program aims to build on earlier exploration success, where the YLP was ranked as one of the top 10 largest spodumene projects in the Americas after only 10 months of drilling.

[1] Li-FT Power Ltd. (2023). Yellowknife Lithium Project Resource Estimate. Retrieved from https://www.liftpower.com/news/ [2] Li-FT Power Ltd. (2025). Li-FT Power Commences Drilling at the Yellowknife Lithium Project. Retrieved from https://www.batteriesnews.com/news/2025/08/24/li-ft-power-commences-drilling-at-the-yellowknife-lithium-project/ [5] Li-FT Power Ltd. (2025). Drill Program at the Yellowknife Lithium Project. Retrieved from https://www.liftpower.com/news/

  1. The drilling at Li-FT Power's Yellowknife Lithium Project (YLP) is expected to provide valuable data for the financing and development of the project in the technology sector, given the project's significant lithium reserves.
  2. The advancements in the technology sector, particularly in the realm of lithium-ion batteries, make the successful exploration and extraction of lithium a crucial element for the financial growth and expansion of the industry.

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