LIFT Announces Commencement of Drilling at the Yellowknife Lithium Project, NWT


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 (Figure 3 & 4). The width of the dike corridor ranges from 20-100 m and dips 55°-75° 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 (Figure 4). 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 (Table 1). Cross-section examples of the BIG East geometry and planned drill holes with 2023-24 results, are shown on section as Figures 5 to 7, and include 1.56% Li2O over 26m in YLP-0117 (Figure 5), 1.35% Li2O over 22m in YLP-0077 (Figure 6), and 1.34% Li2O over 35m in YLP-0271 (Figure 7). 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).



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