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Li-FT Power Starts Drilling at Rupert Lithium Project, Quebec
Vancouver, British Columbia--(Newsfile Corp. - March 29, 2023) - Li-FT Power Ltd. (CSE: LIFT) (FSE: WS0) ("LIFT" or the "Company") is pleased to announce it has
About this update from Li-ft Power Ltd.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - March 29, 2023) - Li-FT Power Ltd. (CSE: LIFT) (FSE: WS0) (\"LIFT\" or the \"Company\") is pleased to announce it has commenced the first diamond drill program at the Rupert Lithium Project located in the James Bay region of Quebec. A total of 17 holes have been planned for 5,000 meters of diamond drilling that will test targets generated by the 2021 and 2022 exploration programs (see press release dated November 9, 2022 for details). Francis MacDonald, CEO of Li-FT comments, \"We have systematically explored approximately 2,000 square kilometers of prospective geology that hosts the Whabouchi Lithium Deposit (37.4 million tons at 1.48% Li2O1) and has generated nine high-quality targets for follow-up exploration. Our first drill program will target two robust lithium anomalies at Target A and B in the right geological setting proximal to a large granite intrusion. These anomalies are large enough to represent a significant spodumene occurrence in one of the most exciting lithium pegmatite districts on the planet\". Figure 1a - Rupert Drill Targets A & B with geology and lithium concentrations as percentile from the 2021 and 2022 till geochemistry surveys (see press release dated November 9, 2022). The lithium dispersion anomalies overlie folded metasedimentary rocks of the Eastmain Group & Champion Complex granites and pegmatites, which also hosts the Whabouchi lithium deposit located 10 kilometers to the southwest. Figure 1b: Exploration drill hole collars relative to the lithium dispersion train heads. Initial Rupert Program Targeting Lithium Pegmatites under Cover The lithium anomalies at Rupert A and B Targets overlie folded metasedimentary rocks of the Eastmain Group (2730-2740 Ma) and Champion Complex granites and pegmatites (~2690 Ma; Figure 1a), known for hosting economic Li-bearing pegmatites elsewhere in the region (i.e., Whabouchi deposit; 37.4 million tons at 1.48% Li2O1; Figure 1a and 1b). To enhance targeting under widespread glacial till cover, a geological targeting model has been produced from the 3D inversion of property-wide magnetics data and combined with government survey maps, field observations and LiDAR. Favourable structures for emplacement of pegmatite dykes were identified in the model and targeted where they trend under...