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LIFT Files NI 43-101 Technical Report on the Adina-Galinee Lithium Project, Quebec, Canada

Li-FT Power Consolidates Tier-1 Quebec Assets with Winsome Merger Completion and NI 43-101 Filing

By The Northwire Desk — AI Analysis May 28, 2026 · 03:05 LIFT · 6.84 Li-FT Power Ltd.
Executive Summary
  • Event: Li-FT Power Ltd. filed a National Instrument 43-101 compliant Technical Report for its Adina-Galinee Lithium Project in Quebec, Canada.
  • Date: May 28, 2026.
  • Content: The report converts the existing Mineral Resource Estimate from Australasian JORC Code standards to Canadian NI 43-101 standards without changing resource figures or grades.
  • Qualified Persons: Marc-Antoine Laporte and Maxime Dupéré (SGS Geological Services).
  • Availability: Report is available on SEDAR+ and the Company website.
  • Context: This follows the completion of the combination with Winsome Resources Ltd. announced on May 21, 2026.
Material Impact
  • Validation of Merger Asset: The filing confirms that the Adina-Galinee asset acquired via the Winsome merger meets Canadian regulatory standards for public disclosure without material changes to previously disclosed JORC figures.
  • No New Upside: Since resource figures and grades remain unchanged from prior disclosures, this does not introduce new valuation drivers or surprise upside.
  • Regulatory Compliance: It is a necessary procedural step following the merger to ensure the asset is fully reportable for TSX Venture Exchange listing requirements.
  • Investor Confidence: Provides reassurance to Canadian institutional investors who require NI 43-101 compliance, solidifying the "Tier 1" status of the Adina project within the new combined portfolio.
  • Market Reaction Expectation: Likely neutral to slightly positive as it removes regulatory uncertainty post-merger but does not alter the fundamental thesis established during the merger announcement.
LIFT · Price
Company Overview
  • Company Name: Li-FT Power Ltd. (TSXV: LIFT).
  • Strategy: Build a portfolio of hard-rock lithium assets across Canada, advancing Yellowknife to economic studies while expanding Quebec Greenfields targets.
  • Flagship Project 1: Yellowknife Lithium Project (NWT). Inferred resource of 50.4 Mt @ 1.0% Li2O. Moving toward Preliminary Economic Assessment (PEA) in 2027.
  • Flagship Project 2: Adina-Galinee Lithium Project (Quebec). Acquired via Winsome merger. Tier-1 spodumene assets with significant scale potential.
  • Other Assets: Cali Lithium Project (NWT/Yukon), Pontax/Rupert Projects (Quebec).
  • ESG Commitment: Strong framework with Indigenous employment (~40%) and baseline environmental data collection completed for Yellowknife.
Read the original news release →

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