LIFT Completes the First Full Year of Baseline Environmental Studies for the Yellowknife Lithium Project

Executive Summary

• LIFT announced the near‑completion of its 2025 Environmental Baseline Studies Program for the Yellowknife Lithium Project, marking the end of the first year of seasonal baseline data collection.
• The program, conducted by Det’on Cho Environmental in partnership with Indigenous communities and LIFT’s technical team, gathered extensive aquatic, atmospheric, terrestrial and human‑environment data to support advanced permitting and mine planning.
• LIFT entered a 30‑day media services agreement with Freedom Financial Research (FFR) for marketing and communications services at a one‑time fee of US $100,000.

Key Details

• Program Scope: Baseline data collection across four domains – aquatic (bathymetry, hydrology, water quality, fish habitat), atmospheric (noise, vibration, light, air quality, meteorology), terrestrial (vegetation, soils, permafrost, geochemistry, wildlife), and human (heritage resources, land use, Indigenous knowledge).
• Field Schedule: Seasonal field work conducted monthly from April to September 2025 for aquatic and terrestrial components; atmospheric noise/vibration/light surveys in late summer; air quality monitoring ongoing year‑round.
• Indigenous Partnership: Program led by Det’on Cho Environmental, an Indigenous‑owned firm (Yellowknives Dene First Nation), with close collaboration between LIFT management, technical teams, and local Indigenous communities.
• Data Utilization: Baseline results will inform the Environmental Assessment, advanced permitting activities, mine planning, and economic studies for the Yellowknife Lithium Project.
• Future Work: Continued atmospheric monitoring year‑round; ongoing laboratory analyses and wildlife camera programs; expanded human‑environment studies in subsequent years.
• Media Services Agreement (FFR):
• Contract with Freedom Financial Research, LLC (“FFR”) for marketing services (social media management, content creation, distribution, digital marketing).
• Term: 30 days from launch.
• Consideration: One‑time payment of US $100,000; no securities issued as compensation.
• Contact Information: CEO Francis MacDonald and Investor Relations Daniel Gordon provided for further inquiries.

Notable Quotes

“The safe and successful completion of our first full year of seasonal environmental baseline data collection is a significant achievement and an important milestone for the Project,” – April Hayward, Chief Scientific Officer, LIFT