Li-FT Power Begins 18,600 Metre Drill Program At Yellowknife Lithium
Li-FT Power (TSXV: LIFT) has begun a large drill program at its Yellowknife Lithium Project. The program is set to target six pegmatite prospects across the property.
The drill program will see approximately 100 drill holes put into the ground, across an aggregate 18,600 metres of drilling. The program is designed as a follow-up to the 34,200 metres of drilling across 198 holes that was conducted last year.
Current drill plans call for the following breakdown of targets to be drilled.
- BIG-East Pegmatite
- 2,945 metres across 16 drill holes are planned, focused on extending mineralization 450 metres to the northeast from 2023 drilling at depths of up to 350 metres. Drilling will also be conducted to the southwest.
- Echo Pegmatite
- 8,390 metres across 54 holes are planned, with drilling to extend as much as 250 metres deep. Drilling is to focus on the northwest of the pegmatite along 350 metres of strike, and to the southeast along 550 metres of strike.
- Fi-Main & Fi-Southwest
- 3,395 metres across 18 holes will drill test the pegmatites to depths of up to 325 metres. Drilling intends to extend mineralization along 1.0 kilometres of strike length at FI-Main. Fi-Southwest meanwhile will see drilling focus on a 250 metre section at the pegmatites northeast end, with infill drilling planned.
- Ki & Shorty
- 3,860 metres across 21 holes are planned, extending to depths of up to 250 metres. Drilling will test 500 metres of strike , where the drill rigs will step out from some of the firms strongest drill results in 2023.
“This winter’s program will focus on resource expansion, stepping outwards from spodumene mineralization defined in our summer 2023 program. Our intent for the 2024 winter program is to systematically drill off six of the spodumene pegmatites in our portfolio to 100 meters by 100-meter centers,” commented CEO Francis MacDonald on the current drill plans.
Li-FT Power last traded at $5.76 on the TSX Venture.
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