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Li-FT Power Intersects 34 m at 1.35% Li2O at the Fi Southwest Pegmatite, Yellowknife Lithium Project, NWT
Vancouver, British Columbia--(Newsfile Corp. - September 19, 2023) - Li-FT Power Ltd. (CSE: LIFT) (OTCQX: LIFFF) (FSE: WS0) ("LIFT" or the "Company") is pleased
About this update from Li-ft Power Ltd.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - September 19, 2023) - Li-FT Power Ltd. (CSE: LIFT) (OTCQX: LIFFF) (FSE: WS0) (\"LIFT\" or the \"Company\") is pleased to report assays from 5 drill holes completed at the Fi Southwest, Shorty, and BIG East pegmatites within the Yellowknife Lithium Project (\"YLP\") located outside the city of Yellowknife, Northwest Territories (Figure 1). Drilling has intersected significant intervals of spodumene mineralization, with the following highlights: Highlights: YLP0038: 34 m at 1.35% Li2O, including 27 m at 1.53% Li2O (Fi Southwest) YLP0036: 12 m at 1.19% Li2O, including 9 m at 1.46% Li2O (Shorty) YLP0039: 13 m at 1.05% Li2O, and (BIG East) 11 m at 1.28% Li2O YLP0045: 12 m at 1.05% Li2O, including 8 m at 1.51% Li2O (BIG East) and: 13 m at 0.71% Li2O, including 4 m at 1.59% Li2O and: 16 m at 0.92% Li2O, including 13 m at 1.10% Li2O Francis MacDonald, CEO of LIFT, comments, \"Fi Southwest and Shorty pegmatites continue to produce excellent drill results with demonstrable quantities of spodumene. The surprise for us is that BIG East has more spodumene pegmatite material than expected, based on outcropping surface expression. Although grade is partially diluted by internal sections of wallrock, the overall amount of pegmatite dyke material at BIG East could add more tonnage than expected.\" Discussion of Drill Results Drill hole YLP0036 tested the Shorty pegmatite. The pegmatite is a moderately-dipping dyke that trends for over 800 metres on surface with an average width of 25 metres. The hole was drilled into mid-section of the dyke where it splays into three branches with intercepts ranging from 4 metres to 12 metres. The thicker middle dyke intercepted 12 metres of 1.19% Li2O from 59 metres down the hole with a 9 metre interval from 62 metres averaging 1.46 % Li2O (Table 1; Figures 2 & 3). Drill holes YLP0038 and YLP0041 were drilled in the Fi Southwest dyke. Hole YLP0038 intercepted 34 metres of 1.35% Li2O from 67 metres, including 27 metres of 1.53% Li2O from 72 metres. Hole YLP0041 drilled at the south end of the dyke intercepted a 31-metre interval of pegmatite from 66 metres, which was essentially barren (Table 1; Figures 4 & 5)....