Li-FT Power Ltd.

LIFT

CA53000A1066

Specialty Mining & Metals

Market Closed - Toronto S.E. Other stock markets 01:29:15 16/06/2026 am IST			5-day change	1st Jan Change
4.800 ^CAD	+1.48%		-9.60%	+10.85%

21/05	Li-FT Power Ltd. completed the acquisition of Winsome Resources Limited for approximately AUD 170 million.	CI
20/05	Li-FT Power Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

Li-FT Power Ltd. Announces Commencement of Drilling At the Yellowknife Lithium Project, NWT

Published on 02/17/2026 at 10:22 pm IST - Modified on 02/17/2026 at 01:35 pm IST

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LI-FT POWER LTD.

+1.48%

Li-FT Power Ltd. announced commencement of drilling, at the Yellowknife Lithium Project (YLP) in the Northwest Territories Canada. A 6,770m resource drill program is planned for the BIG East spodumene pegmatite, building on strong results delivered during the 2023 and 2024 resource drill campaigns. The program is designed to step out from high-grade spodumene mineralisation that remains open along-strike and down-dip from the limits of 2023-24 drilling, including 26m of 1.56% Li2O, 22m of 1.35% Li2O, and 35m of 1.34% Li2O.

Diamond drill holes are planned on 100m spaced sections with the objective of building on the current BIG East inferred spodumene resource, which currently represents approximately one third of the global resource tonnes at YLP. LIFT's technical team believes the BIG East deposit demonstrates strong expansion potential and has the capacity to add significant additional tonnes to the YLP global mineral resource, with results expected to be incorporated into a Preliminary Economic Assessment (PEA) scheduled for release in 2027. Location of the 2026 work area on the BIG East pegmatite within the YLP.

The BIG East pegmatite complex comprises a north-northeast trending corridor of parallel trending dykes that is exposed for at least 1,500m of strike length, with the northeast end displaced to the north ~350m. The width of the dike corridor ranges from 20-100 m and dips 55deg-75deg to the west. The 2023 and 2024 drilling tested 1200m of strike length, to a vertical depth between 150m and 250m from surface.

The 2026 drill plan is composed of 26 resource holes (6,770m), with 24 of those holes (6,480m) planned for the main dike corridor and two holes (290m) planned at the Northeast extension. Drill holes are designed to extend spodumene intercepts that remain open at the limits of the 2023 and 2024 drilling to a vertical depth of ~300m. Cross-section examples of the BIG East geometry and planned drill holes with 2023-24 results and include 1.56% Li2 O over 26m in YLP-0117, 1.35% Li2 O over 22m in YLP-0077, and 1.34% Li2 O over 35m in YLP-0271.

The two holes at the northern extension of the BIG East pegmatite dyke swarm step out from in YLP-0079 (1.29% Li2O over 15m) and YLP-0059 (1.04% Li2O over 12m). Current BIG East In-pit resource block model. Drill hole locations for the 2026 Yellowknife Lithium Project drill program.

All coordinates in NAD83 Z12. Target Proposed ID Fig Secting Northing Elevation Azimuth Dip Length (m).

Latest news about Li-FT Power Ltd.

21/05	Li-FT Power Ltd. completed the acquisition of Winsome Resources Limited for approximately AUD 170 million.	CI
20/05	Li-FT Power Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
13/05	Li-FT Power Ltd. Reports Drilling Results At Yellowknife Lithium Project	CI
31/03	Li-FT Power Commences Environmental Data Collection Program at Yellowknife Lithium Project	MT
31/03	Li-FT Power Ltd Commences 2026 Environmental Baseline Data Collection Program at Yellowknife Lithium Project	CI
09/03	LIFT Power Brief: Said Closed Acquisition With SOQUEM For An Additional 25% Interest In Galinee Property, Quebec	MT
09/03	Li-FT Power Ltd. Closes Acquisition of Additional 25% Interest in Galinée Property	CI
09/03	Li-FT Power Ltd. completed the acquisition of 75% stake in Galinée property from SOQUEM Inc. and Azimut Exploration Inc..	CI
02/03	LIFT Commences Lithium Carbonate Converter Scoping Study as Part of Integrated Downstream Strategy for the Yellowknife Lithium Project	CI
25/02	Li-FT Power Ltd. Appoints Jeff Reinson as Senior Vice President of Development	CI
24/02	Li-FT Power Signs Definitive Agreement to Increase Stake in Galinee Property	MT
24/02	Lift Power Ltd. Signs Definitive Purchase Agreement with SOQUEM Inc. for A 25% Interest in the Galinee Property, Quebec	CI
18/02	Azimut Exploration Completes Galinee Property Transaction With Li-FT Power	MT
18/02	LiFT Power Ltd Acquires 50% Interest in the Azimut Exploration Inc.'s Galinée Property	CI
17/02	Li-FT Power Ltd. Announces Commencement of Drilling At the Yellowknife Lithium Project, NWT	CI

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Company Profile

Li-FT Power Ltd. 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. The Yellowknife Lithium Project is comprised of mineral leases that cover the majority of the lithium pegmatites that make up the Yellowknife Pegmatite Province. The Company also has a 100% interest in the DeStaffany, LDG, and Mackay Lithium Projects, located in the Northwest Territories, Canada. It also holds three early-stage exploration properties (Rupert, Pontax and Moyenne) in Quebec, Canada with the potential for the discovery of buried lithium pegmatites, as well as the Cali Project in the Northwest Territories within the Little Nahanni Pegmatite Group. The Company holds approximately 2,203 claims comprising the Rupert Project in Quebec. Its DeStaffany lithium property covers approximately 1,843 hectares.

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Specialty Mining & Metals

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