LIFT Announces Commencement of Drilling at the Adina-Galinée Lithium Project, Québec

VANCOUVER, British Columbia, July 17, 2026 (GLOBE NEWSWIRE) -- Li-FT Power Ltd. ("LIFT" or the "Company") (TSXV: LIFT) (ASX: LFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to announce commencement of exploration activities at the Adina-Galinée Lithium Project ("AGLP"), and the Cancet, Tilly, Nottaway, and Sirmac-Clapier properties, all located in Québec, Canada (Figure 1).

Figure 1 – Location of LIFT's spodumene pegmatite properties in Québec, Canada

Adina-Galinée Lithium Project

The AGLP was assembled by LIFT through the acquisition of Winsome Resources Limited. ("Winsome") and agreements with Azimut Exploration Inc. and SOQUEM Inc. in 2026,1 resulting in a consolidated land position across this large spodumene pegmatite complex.

LIFT's 2026 exploration program at the AGLP will include 163 diamond drill holes totalling 38,970 m (Figure 2). This program is designed to advance the current Mineral Resource Estimate1 through infill and expansion drilling on sections spaced 50 m apart in plan view, with pierce points spaced approximately 75 m apart on section, and testing mineralization to depths of up to 400 m below surface.

Surface exploration will comprise approximately 680 till samples together with prospecting and geological mapping across 5,400 ha of the project area (Table 1), with the objective of identifying additional spodumene pegmatite occurrences and generating brownfield exploration targets.

Figure 2 – Plan map of the Adina-Galinée pegmatite complex showing historical traces and 2026 proposed drilling.

Cancet, Tilly, Sirmac-Clapier, and Nottaway properties

The Cancet, Tilly, Sirmac-Clapier, and Nottaway properties form part of LIFT's Québec lithium portfolio and range from advanced- to early-stage exploration projects. In 2026, LIFT plans to complete till sampling, rock sampling, and mapping (Table 1) to generate and prioritize additional drill targets across each property.

Table 1 – Planned till sampling, rock sampling, and geological mapping for 2026

Francis MacDonald, President & CEO of LIFT comments, "The commencement of drilling at Adina-Galinée marks the first exploration program on this pegmatite complex under single ownership. Having consolidated the district through the Winsome acquisition and our agreements with Azimut and SOQUEM, we can now approach Adina-Galinée the way it should be explored, as one contiguous system. With nearly 39,000 m of drilling planned, this program is designed to both grow and de-risk the current resource, while our surface programs across Cancet, Tilly, Sirmac-Clapier, and Nottaway work to surface the next generation of targets in Québec."