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Drill Results Routine +

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

By The Northwire Desk — AI Analysis Feb 17, 2026 · 03:05 LIFT · 6.28 Li-FT Power Ltd.
LIFT · Price

Executive Summary

  • Li‑FT Power Ltd. announced the commencement of a 6,770 m resource drilling program at the BIG East pegmatite within its Yellowknife Lithium Project (YLP).
  • The 2026 drill plan includes 26 holes (24 in the main dike corridor and 2 on the northeast extension) aimed at expanding high‑grade spodumene mineralisation that remains open along strike and down‑dip.
  • Results from this program are expected to feed into a Preliminary Economic Assessment (PEA) slated for release in 2027, potentially adding significant tonnes to the YLP global resource.

Key Details

  • Program Scope: 6,770 m total drill length across 26 resource holes targeting the BIG East pegmatite.
  • Hole Distribution: 24 holes (6,480 m) on the main dike corridor; 2 holes (290 m) on the northeast extension.
  • Spacing & Orientation: Holes spaced at ~100 m intervals; azimuths ranging from 45° to 390°, dips between –45° and –62°.
  • Target Intercepts: Builds on prior intercepts such as 26 m @ 1.56% Li₂O (YLP‑0117), 22 m @ 1.35% Li₂O (YLP‑0077), and 35 m @ 1.34% Li₂O (YLP‑0271).
  • Depth Objective: Extend known mineralisation to a vertical depth of ~300 m (previous drilling reached 150–250 m).
  • Resource Context: BIG East currently accounts for roughly one‑third of the YLP’s global lithium resource tonnage.
  • PEA Timeline: Results from the 2026 drill program will be incorporated into a Preliminary Economic Assessment scheduled for 2027.
  • Qualified Person: Technical disclosure reviewed and approved by Ron Voordouw, Ph.D., P.Geo., Partner & Director Geoscience, Equity Exploration Consultants Ltd. (NI 43‑101 QP).

Notable Quotes

“We are excited to be starting the 2026 drill program at BIG East. The BIG East deposit delivered outstanding high‑grade results and significant tonnes in 2023‑24 – we believe the deposit will continue on this trend into the 2026 drilling, with results forming a key part of the Preliminary Economic Assessment planned for release in 2027.”
— Francis MacDonald, President & CEO

Read the original news release →

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