Li-ft Power Ltd. · TSXV:LIFT

Li-ft Power — Investor Presentation (May 2023)

27 slides from Li-ft Power's investor presentation, May 2023

  1. Slide 1: Hard Rock Lithium Exploration in Canada

    CSE: LIFT | FRA: WS0 HARD ROCK LITHIUM EXPLORATION www.li-ft.com IN CANADA May 2023

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements Statements contained in this presentation that are not current or historical factual statements This presentation is being provided for information purposes only and does not constitute or may constitute “forward-looking information” within the meaning of applicable securi

  3. Slide 3: Li-FT Power is focused on exploration & development hard rock lithium deposits in Canada

    Li-FT Power is focused on exploration & development hard rock lithium deposits in Canada YELLOWKNIFE PROJECT Northwest Territories, Canada • 13 significant spodumene pegmatites with average grades of 1.07 – 2.20% Li2O • Pegmatites have near 100% exposure – easy to see exceptional potential • Excelle

  4. Slide 4: Li-FT People: Management

    Li-FT People: Management Francis MacDonald Carl Verley CEO & Director Vice President, Exploration Mr. MacDonald has many years of experience in the mining industry Mr. Verley has worldwide exploration experience in a range of environments, and is an exploration geologist. He co-founded Kenorland Min

  5. Slide 5: Li-FT People: Directors

    Li-FT People: Directors Iain Scarr Director Mr. Scarr is the founder of IMEX Consultants, an industrial minerals consultancy that Francis MacDonald operates across the entire value chain. His other experience includes an over 30- CEO & Director year tenure with Rio Tinto, where his most recent posit

  6. Slide 6: Share Structure

    Share Structure Institutional 13.1% Retail As Of May 1, 2023 26.9% Kenorland 2.6% Issued and Outstanding 39,240,732 Options & Warrants 575,000 Fully Diluted 39,815,732 Mgt and Directors 5.1% Market Capitalization (@$9.00/sh) $355.5M Cash Position (as of May 1, 2023) $49.0M Founders 52.3% 5 ) rice (

  7. Slide 7: Canada: One of the Top Jurisdictions for Li pegmatites

    Canada: One of the Top Jurisdictions for Li pegmatites Geologic prospectivity and low exploration maturity • Canada is one of the most exciting jurisdictions for hard rock lithium pegmatite exploration • Similar geology to Australia, but very little exploration for lithium pegmatites in the past – p

  8. Slide 8: Yellowknife - Infrastructure in an Established District

    Yellowknife - Infrastructure in an Established District • The Yellowknife Lithium Project is accessible by road from the city of Yellowknife • Spodumene concentrate can be shipped to rail at Hay River by road or by barge in summer Ingraham Trail Barge between Hay River and Yellowknife Highway 3–Yell

  9. Slide 9: Two Groups of Pegmatites

    Two Groups of Pegmatites Road Access and Further Afield Groups contain the 13 lithium pegmatites identified within the Project area • Road Access Group is located within a 10 km distance from the Ingram Trail • Fi-Ki-Hi are accessed by a winter road that accesses the past-producing Thompson- Lundmar

  10. Slide 10: Yellowknife Pegmatites – Visible from Space

    Yellowknife Pegmatites – Visible from Space Abundant outcrop with almost complete exposure sets the Yellowknife Project apart Size potential and lithium grades are readily apparent based on outcrop exposure Fi Main CSE: LIFT | FRA: WS0 10

  11. Slide 11: Historic work indicates economic Li grades at surface

    Historic work indicates economic Li grades at surface A NWT AR 080282 Canadian Superior Exploration Ltd. 1975 1.63% Li2O A A 1.42% Li2O B NWT AR 080282 Canadian Superior 1.42% Li2O Exploration Ltd. 1975 5 – 20% 0.73% Li2O spodumene B B noted in Sept. 2022 mapping 1.44% Li2O CSE: LIFT | FRA: WS0 11

  12. Slide 12: Multiple kilometer-scale outcropping Li pegmatites

    Multiple kilometer-scale outcropping Li pegmatites Cluster 2 Big North • Pegmatites are up to 1,800 m Nite 2 1 500 m long in length (Fi Main) and up to 3 900 m long 30 m of dykes within 7 m wide 1.46% Li2O 150 m corridor 35 m in width (Shorty) Big West 1.27% Li2O 1,000 m long Fi Main 20 m of dykes w

  13. Slide 13: Yellowknife Lithium Project Timeline

    Yellowknife Lithium Project Timeline 1983: Superior 1987: Bulk 1975: Canadian Oil acquired Samples Superior of Mobil from the Ki Exploration (Exxon); and Fi 1940: mapping, transfers dykes; 2022: Li-FT Pegmatites sampling and interest to positive acquires discovered drilling EREX metallurgy the proje

  14. Slide 14: 1987 metallurgical study was positive

    1987 metallurgical study was positive • Metallurgical testing completed by Equinox Resources in 1987 showed that a spodumene concentrate between 5-6% Li2O could be produced at an overall recovery of 80%: • Only gravity concentration by tabling and flotation tests were conducted – no DMS studies • Lo

  15. Slide 15: Spodumene crystal sizes

    Spodumene crystal sizes Thor Big East BET Spodumene Crystal Fi Main Spodumene Crystal 50-80cm long spodumene crystals Pencil for Scale CSE: LIFT | FRA: WS0 15

  16. Slide 16: Canadian Superior Exploration

    Canadian Superior Exploration Pioneers in Canadian hard rock lithium exploration • Work completed by CSEL was summarized by Raymond Lasmanis in 1978 • Canadian Superior Exploration Ltd. (CSEL) estimated a resource of 49 million tons at 1.40% Li2O to a vertical depth of 152 meters (500 feet) • Li-FT

  17. Slide 17: Quebec Greenfields

    Quebec Greenfields Greenfields Exploration targeting Li pegmatites under cover • Li-FT has 3 projects in James Bay, Quebec; total area of 2,282 km2 • RUPERT • PONTAX • MOYENNE • The Rupert Project surrounds the Whabouchi Li deposit and covers ~1,000 km2 of similar geology • The Pontax Project covers

  18. Slide 18: Rupert – Lithium Till Geochemistry Results

    Rupert – Lithium Till Geochemistry Results Drill-Ready Targets • Li-FT has systematically sampled the entire Rupert project between 2021 and 2022 with 8,386 till geochemistry samples • Pipeline of targets - initial drilling started in March 2023 • Anomalies A & B are most advanced and are diamond dr

  19. Slide 19: Anomalies A & B – same geology as Whabouchi

    Anomalies A & B – same geology as Whabouchi • Anomalies A & B are located ~10-15 km northeast of the Whabouchi Li deposit • Both anomalies are located on the edge of a pegmatitic granite, similar to Whabouchi • Li pegmatite deposits typically occur in clusters • Additional Li pegmatite mineralizatio

  20. Slide 20: Size Potential of Anomalies A & B vs. Whabouchi

    Size Potential of Anomalies A & B vs. Whabouchi Clear potential for world-class lithium pegmatite discoveries • Anomaly A till geochemical samples outline a 3.3 km long anomaly in the NE-SW direction • Possibly indicating a NE- trending Li pegmatite beneath glacial sediments • Anomaly B is more Whab

  21. Slide 21: Pontax-Moyenne – Extensive Lithium Geochem Anomaly

    Pontax-Moyenne – Extensive Lithium Geochem Anomaly • Pontax Project contains the most extensive Li anomaly within the Quebec Projects • The Pontax Project is composed of claims that are 100% owned by Li-FT and the Harfang Option, where Li-FT can earn up to % ( uly , ‘ R). Moyenne is % owned • Pontax

  22. Slide 22: Pontax Li Anomaly – Geologic Setting

    Pontax Li Anomaly – Geologic Setting • The Pontax Li anomaly could be the sign of a Li pegmatite district that is covered by extensive glacial sediments • Anomaly dimensions are 8 km x 7.5 km • The Pontax Li anomaly has a geochemical signature of Li -Cs-P-Nb- Ga-Mn-W-Mo +/- Ta-Sn-Rb • Geochemical an

  23. Slide 23: Size Comparison of Pontax Li Anomaly vs. Whabouchi

    Size Comparison of Pontax Li Anomaly vs. Whabouchi Potential for multiple Li deposits • One phase of exploration completed to date in 2022 – need additional data in order to generate diamond drill targets for Q1 2024 • Large surface exploration program planned for 2023 which includes: • Base of till

  24. Slide 24: Cali Project

    Cali Project Field work and potential drilling in 2023 • The Cali Project is located in the Little Nahanni Pegmatite Field (LNPF) on the NWT-Yukon border, 50 km north of the Cantung mine • Canadian Superior Exploration Ltd. (CSEL) mapped the Cali pegmatite in 1977 and described a spodumene pegmatite

  25. Slide 25: Cali Project

    Cali Project Rock samples from the Cali Project • Spodumene pegmatite rock samples have been collected and archived in the ’s from the Cali Project • Spodumene pegmatites definitely exist on the property, the question is how big and what grade are they CSE: LIFT | FRA: WS0 25

  26. Slide 26: Investment Highlights

    Investment Highlights One of the most exciting exploration portfolios of hard rock lithium projects globally RESOURCE DEVELOPMENT 1 DRILLING at the Yellowknife Pegmatites in 2023 DISCOVERY-STAGE DIAMOND • World-class hard-rock lithium potential 2 DRILLING at the Rupert Project in 2023 • Well-finance

  27. Slide 27: Contact

    CONTACT Head Office 300 - 1055 W Hastings Street Vancouver, BC V6E 2E9 www.li-ft.com Francis MacDonald CEO Email: Francis@Li-FT.com Alex Langer President Follow us: @Li_FTPower Li-FT Power CSE: LIFT | FRA: WS0 www.li-ft.com

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