North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Li-FT Power Ltd. Sept. 26 reported another batch of "consistently good" assays from its 2023 drill program at the Yellowknife Lithium project in Northwest Territories, including additional strong results from the BIG East pegmatite.

Yellowknife Lithium consists of 11 properties that cover some of the most prospective targets within the Yellowknife Pegmatite Province, a 9,600-square-kilometer (3,700 square miles) area east of the NWT capital city. Li-FT has divided these properties into two groups – five in a road-accessible area immediately east of Yellowknife and a cluster of six about 50 kilometers (30 miles) further east.

The latest batch of results is from five holes drilled at three pegmatites on the road-accessible properties – FI Southwest, Shorty, and BIG East.

Highlights from this latest batch of drill results include:

• 33 meters averaging 0.71% lithium oxide from a depth of 55 meters in hole YLP0037 (Fi-Southwest).

• Eight meters averaging 1.26% lithium oxide from a depth of 157 meters in hole YLP0040 (Shorty).

• 13.7 meters averaging 1.22% lithium oxide from a depth of 1.3 meters in hole YLP0043 (BIG East).

• 11 meters averaging 0.84% lithium oxide from a depth of 26 meters in hole YLP0043 (BIG East).

• 14 meters averaging 1.24% lithium oxide from a depth of 42 meters in hole YLP0043 (BIG East).

• 16 meters averaging 0.94% lithium oxide from a depth of 64 meters in hole YLP0047 (Fi-Southwest).

"Drill result Tuesday for Li-FT Power's Yellowknife Lithium Project - consistently good!" Li-FT Power CEO Francis MacDonald wrote on a LinkedIn post announcing the latest batch of assays.

Highlights from previously reported assays from the 2023 Yellowknife Lithium drilling include:

Li-FT Power Ltd.

• 39 meters averaging 1.43% lithium oxide in hole YLP0003 (Fi Southwest).

• 79 meters averaging 1.13% lithium oxide in hole YLP0005 (Fi Southwest).

• 60 meters averaging 1.26% lithium oxide in hole YLP0007 (Fi Southwest).

• 25 meters averaging 1.13% lithium oxide in hole YLP0033 (Shorty).

• 34 meters averaging 1.35% lithium oxide in hole YLP0038 (Fi Southwest).

• 11 meters averaging 1.28% lithium oxide in hole YLP0039 (Big East).

• 12 meters averaging 1.05% lithium oxide in hole YLP0045 (Big East).

Author Bio

Shane Lasley, Publisher

Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.

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