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Li-FT cuts into Yellowknife drilling

Li-FT Power (TSX-V:LIFT) has begun drilling at its Yellowknife Lithium Project in Canada’s Northwest Territories, planning a 6,770m resource program at the BIG East spodumene pegmatite.

The program aims to expand on previous results from 2023-24 drilling campaigns, which included intercepts of 26m at 1.56% lithium oxide, 22m at 1.35% lithium oxide, and 35m at 1.34% lithium oxide.

At BIG East, 26 resource holes on 100m spaced sections are planned, with 24 holes targeting the main dyke corridor and two holes testing the northeast extension.

The BIG East pegmatite complex comprises a north-northeast trending corridor of parallel dykes exposed over 1,500m of strike length, with widths ranging from 20m to 100m and westerly dips of 55-75 degrees.

Previous drilling in 2023-24 tested 1,200m of strike length to depths between 150m and 250m from surface. The 2026 program aims to extend known mineralisation to approximately 300m vertical depth.

CEO Francis MacDonald says the company expects strong results to continue.

“The BIG East deposit delivered outstanding high-grade results and significant tonnes in 2023-24 – we believe the deposit will continue on this trend into the 2026 drilling,” MacDonald says.

BIG East currently represents approximately one-third of the global resource tonnes at the Yellowknife Lithium Project. Results from the 2026 program will be incorporated into a preliminary economic assessment scheduled for release in 2027.

The company’s flagship Yellowknife Lithium Project is complemented by three early-stage exploration properties in Quebec and the Cali Project in Northwest Territories within the Little Nahanni Pegmatite Group.

This content was created with AI assistance and human editing.

Write to info@mining.com.au at Mining.com.au

Images: Li-FT Power
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