LIFT Files NI 43-101 Technical Report on the Yellowknife Lithium Project, NWT, Canada
LIFT Files NI 43-101 Technical Report
on the Yellowknife Lithium Project, NWT, Canada
November 14, 2024 – Vancouver, B.C., Li-FT Power Ltd. (“LIFT” or the “Company”) (TSXV: LIFT)
(OTCQX: LIFFF) (Frankfurt: WS0) is pleased to announce that, further to its news release dated
October 1, 2024, it has filed an NI 43-101 Technical Report for its Yellowknife Lithium Project on
SEDAR+ ( www.sedarplus.ca). The report, titled "Initial Mineral Resource Estimate for the
Yellowknife Lithium Project, Northwest Territories, Canada," presents an initial Mineral Resource
Estimate (“MRE”) for 8 of 13 spodumene -bearing pegmatite dykes at the Project. The
consolidated in-pit MRE is reported at 50.4 million tonnes grading 1.00% Li2O, totaling 506,000
tonnes of Li2O (1.25 million tonnes of lithium carbonate equivalent, or LCE) in the inferred
category.
The Technical Report has an effective date of September 25, 2024, and a report date of November
13, 2024. Allan Armitage, Ph.D., P.Geo., and Ben Eggers, B.Sc.(Hons), MAIG, P.Geo., of SGS
Geological Services, acted as Qualified Persons as defined under NI 4 3-101. The report is
available under LIFT's profile on SEDAR+.
About LIFT
LIFT is a mineral exploration company engaged in the acquisition, exploration, and development
of lithium pegmatite projects located in Canada. The Company’s flagship project is the
Yellowknife Lithium Project located in Northwest Territories, Canada. LIFT also holds three early-
stage exploration properties in Quebec, Canada with excellent potential for the discovery of buried
lithium pegmatites, as well as the Cali Project in Northwest Territories within the Little Nahanni
Pegmatite Group.
For further information, please contact:
Francis MacDonald Daniel Gordon
Chief Executive Officer Investor Relations
Tel: + 1.604.609.6185 Tel: +1.604.609.6185
Email: [email protected] Email: [email protected]
Website: www.li-ft.com
Cautionary Statement Regarding Forward-Looking Information
Certain statements included in this press release constitute forward -looking information or
statements (collectively, “forward -looking statements”), including those identified by the
expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “inten d”, “may”, “should” and
similar expressions to the extent they relate to the Company or its management. The forward -
looking statements are not historical facts but reflect current expectations regarding future
results or events. This press release contains forward looking statements. These forward-looking
statements and information reflect management's current beliefs and are based on assumptions
made by and information currently available to the company with respect to the matter described
in this new release.
Forward-looking statements involve risks and uncertainties, which are based on current
expectations as of the date of this release and subject to known and unknown risks and
uncertainties that could cause actual results to differ materially from those expressed or implied
by such statements. Additional information about these assumptions and risks and uncertainties
is contained under "Risk Factors" in the Company's latest annual information form filed on March
27, 2024, which is available under the Company' s SEDAR+ profile at www.sedarplus.ca, and in
other filings that the Company has made and may make with applicable securities authorities in
the future. Forward -looking statements contained herein are made only as to the date of this
press release and we undertake no obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise, except as required by law. We
caution investors not to place considerable reliance on the forward-looking statements contained
in this press release.
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the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this news release.