Halfway there for Li-FT's lithium results

Li-FT Power Ltd. Dec. 5 announced the next batch of assays from its massive 2023 drill program, keeping up with the consistent lithium grades at the re-emerging Yellowknife Pegmatite Province in Northwest Territories.

Acquiring its various properties in the historically forgotten Yellowknife Pegmatite Province in January, Li-FT began its first season with a 34,238-meter drill program just a few months after its inception.

Assembling a 141,572-hectare (349,832 acres) land package that covers some of the most prospective targets found within the YPP, the Yellowknife Lithium project covers at least 14 pegmatites on mineral leases practically a stone's throw from NWT's capital, Yellowknife.

Consisting of 11 properties divided into two groups – five in a road-accessible area immediately east of Yellowknife and a cluster of six about 50 kilometers (30 miles) further east – Li-FT has been rolling out assays from these targets consistently for the past few months.

This week's drill results are for eight holes from three different pegmatites – Fi Southwest, Ki, and Shorty.

Highlights from this round include:

• 10 meters averaging 1.16% lithium oxide from a depth of 61 meters in hole YLP-0065 (Shorty).

• 20 meters averaging 1.52% Li2O from five meters in YLP-0088 (Shorty).

• 10 meters averaging 0.92% Li2O from 225 meters in YLP-0095 (Fi SW).

• 12 meters averaging 1.38% Li2O from 43 meters in YLP-0096 (Ki).

• 23 meters averaging 1.03% Li2O from 126 meters in YLP-0097 (Shorty).

• 26 meters averaging 1.14% Li2O from 170 meters in YLP-0102 (Fi SW).

• 12 meters averaging 1.58% Li2O from 57 meters in YLP-0104 (Ki).

• 10 meters averaging 1.13% Li2O from 45 meters in YLP-0110 (Ki).

With this release, Li-FT has reported the results from 100 out of 198 holes drilled at its Yellowknife Lithium Project this year.