LIFT Secures Land Use Permit for its Cali Project in the Northwest Territories
LIFT Secures Land Use Permit for its Cali Project in the Northwest Territories
VANCOUVER, British Columbia, Nov. 30, 2023 -- Li-FT Power Ltd. (“LIFT” or the “Company”) (TSXV: LIFT ) (OTCQX: LIFFF)
(Frankfurt: WS0) is pleased to announce that it has obtained a Type A Land Use Permit from the Mackenzie Valley Land and
Water Board for its Cali project in Northwest Territories.
The Land Use Permit will enable LIFT to expand its exploration activities in the Cali area and allows the Company to establish
an exploration camp and fuel caches, conduct diamond and reverse circulation drilling, and construct & maintain winter
access roads. This Permit will grant the Company adaptability to scale up its exploration efforts, adjusting its approach
according to the findings and enhanced knowledge of the area. The Land Use Permit has a term of five years, which may be
extended for an additional two years.
April Hayward, Chief Sustainability Officer of LIFT commented “I am very pleased with the terms and conditions in the Land
Use Permit, which provide LIFT with the flexibility to expand our exploration program in response to results as we learn more
about the area. I am also grateful for the support and feedback we received throughout the permitting process and look forward
to continuing to strengthen the collaborative working relationships we have developed with regulatory agencies and local
communities in the Cali area.”
LIFT is dedicated to working with local communities to find the right balance between environmental and socio-economic
impacts. LIFT is committed to creating a culture of safety for all stakeholders, including its employees, contractors, and local
communities by adhering to the highest standards of environmental and social responsibility.
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
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is contained under "Risk Factors and Uncertainties" in the Company's latest annual information form filed on March 30, 2023,
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