Vancouver, British Columbia--(Newsfile Corp. - September 14, 2023) - Vancouver, B.C., Li-FT Power Ltd. (CSE: LIFT) (OTCQX: LIFFF) (FSE: WS0) ("LIFT" or the "Company") is pleased to report that diamond drilling has resumed at the Yellowknife Lithium Project. Drilling activities were suspended on August 15, 2023 due to wildfire activity near the city of Yellowknife. Drilling has resumed with one drill rig at the Echo target and will scale up to six drill rigs by September 16, 2023 which will continue into October. No damage to any samples, equipment, or infrastructure has been sustained during the evacuation.
Francis MacDonald, CEO of LIFT, comments, "We are relieved that the threat from wildfires in the vicinity of Yellowknife has decreased, and that residents and industry have been welcomed back to the area. We would like to commend front-line responders, essential workers, and the Indigenous, municipal, territorial, and federal governments for their efforts to resolve this very challenging situation and all residents who have been displaced for their tenacity and resilience during this difficult time. We are delighted to resume what has been a highly successful exploration program to date."
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 Field.
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