Vancouver, British Columbia–(Newsfile Corp. – November 9, 2022) – Li-FT Power Ltd. (CSE: LIFT) (ESF: WS0) (“Li-FT” or the “Company”) is pleased to provide exploration and effects services for the Rupert Assignment located in the James Bay region of northern Quebec, Canada (Figure 1). During the summers of 2021 and 2022, the Company completed a total of 13,093 geochemical tillage samples in the Rupert, Medium and Pontax allocations, of which 9,523 samples are located at Rupert’s assets (Figure 2). A total of 892 point samples of blocks or outcrops were collected, of which 826 samples are located in Rupert’s assignment. The goal of the 2021 and 2022 exploration systems was to verify the presence of lithium pegmatite mineralization under a vast canopy of glacial sediments in the region. The effects of Rupert’s assignment are reported below.
Francis MacDonald, Chief Executive Officer of Li-FT, commented: “We are very pleased with the effects of Rupert’s exploration programme. We examined a lot of prospective ground and broke it down into seven targets to monitor. The length and grade of anomalies A and B recommend that more lithium deposits of similar length to Whabouchi, Canada’s largest hard-rock lithium deposit, may be in Li-FT soil. Through the pipeline to drill next summer. “
Exploration Program Details
In the summer of 2021, a LIDAR sounding was conducted on Rupert’s assignment and used to produce an interpreted map of the surface geology. The geochemical samples until they were planned in a grid space of approximately 1,500 meters to 150 meters in spaces interpreted as glaciers up. One kilogram of sediment collected through a Dutch auger from horizon C at an intensity of 20 to one hundred centimeters. The samples were sieved to -63 microns, digested in a 4-acid solution and sent for ICP-MS research. A fraction of 30 grams taken for Au research through aqua regia – ICP-MS.
Results from 2021 through the geochemistry program produced 16 zones of interest (AOIs) characterized through anomalous Li/- Pathfinder elements. The areas of interest were decided based on the strength of the geochemical anomaly, the spatial extent of the anomaly and also the quality of the sample (i. e. even in relation to the sand).
In the 16 focus areas of the 2021 survey, additional geochemical sampling of up to a grid spacing of 200 to 200 meters was completed in the summer of 2022. Regional geological surveys and mappings were also carried out in some areas of interest. The effects of the 2022 exploration program produced seven anomalous zones discussed below.
Figure 1 – Location map of the Rupert, Moyenne and Pontax projects, James Bay region, northern Quebec.
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Geochemistry and rock sampling results
Geochemical sampling up to Rupert’s assignment produced a series of coherent Li/- Cs-Ta-Nb-Rb-Sn-Mn-Ga anomalies (see Figure 2 for Li’s map to geochemical results). Anomalies A and B (Figures 3 and 4) are approximately 10 to 15 kilometers north-northeast of the Whabouchi Li deposit and are the highest and most consistent internally and spatially constricted.
Anomaly A has a geochemical signature of Li-Cs-Ta-Sn-Nb-Mn and has dimensions of 3300 meters duration through 500 to 1000 meters wide. The orientation of the geochemical anomaly is even parallel to the dominant direction of the ice. , indicating a northeast-oriented structural orientation of the bedrock. A total of 17 rock samples were taken from the anomalous zone, none of which yielded significant Li analyses. The geochemical anomaly remains unexplained and would possibly be similar to lithium mineralization under extensive glacial sediment. cover.
Anomalie B has a geochemical signature of Li-Ta-Sn-Ga-Nb /- Cs-Rb-P and has dimensions of 1,800 meters in length at 1,300 meters in width. The orientation of the geochemical anomaly up is perpendicular to the dominant direction of glacial flow, suggesting that the structural orientation of the bedrock may be oriented to the northwest. A total of 21 rock samples were taken from the anomalous zone; The result of the check was:
Figure 2: Effects of lithium geochemistry from the 2021 and 2022 exploration systems covering Project Rupert.
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This rock pattern was collected about a kilometer north of the geochemical anomaly as an outcrop of a Muscovite-rich pegmatitic with beryl crystals measuring from 20 cm to 2 cm. The presence of coarse-grained beryl suggests the presence of highly fractionated pegmatites in the region and that the prospect of spodumene pegmatites is excellent.
Anomaly C lies nine kilometers south of the Whabouchi Li deposit (Figure 5) and has a geochemical signature of Li-Cs-Sn/- Ga-Nb-W-As. The spatial extensions of the anomaly have not been delineated to date because claims hosting the glacial extensions of the anomaly were recently acquired (see press release of September 22, 2022). The geochemical anomaly occurs in two areas, each of which is approximately 1,600 meters long and 500 to 600 meters wide.
Anomaly D (Figure 6) has a geochemical signature of Li-Cs-Rb /- Bi. The Li-Rb anomaly is confined to a 600 m x 200 m domain, which lies within a 3,800 m x 1,000 m domain of Cs Anomaly spatially related to pegmatitic granite.
Figure 3 – Location of anomalies A and B in relation to the Whabouchi Li deposit. Anomalies A and B are near the contacts of a giant pegmatitic granitic pluto, similar to the Whabouchi deposit.
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Anomaly E (Figure 6) is close to contact with sedimentary and volcanic rocks and has a geochemical signature of Li-Cs/- Mn. The geochemical anomaly is limited to a domain of 2000 meters x 400 meters.
Figure four: Comparison of anomalies A and B with the contour of the Whabouchi Li reservoir. The magnitude of the geochemical anomaly even suggests that targets similar in length to the Whabouchi deposit may be on the Li-FT property.
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The F anomaly (Figure 6) is in the southwest corner of the assets and has a geochemical signature of Li-Cs/- O. The anomaly is spatially related to pegmatitic granite.
The Ta-Nb anomaly is a Ta-Nb-Mn anomaly of 2,800 m x 2,000 m located on a prominent structural curve in the green stone belt of Lac des Montagnes (Figure 7). The geochemical anomaly is discovered in sand up to and fluvioglacial; Be made to perceive the surface geology of the domain and identify possible bedrock resources. The anomaly is absolutely closed, leading the Company to the anomaly originating from Li-FT’s assets. The presence of Ta-Nb-Mn suggests that the abnormality is probably due to columbite-tantalite that is regularly discovered in fractionated pegmatites.
Discussion of results
The Rupert 2021/2022 exploration systems well examined approximately 1,000 km2 of prospective geology that houses Whabouchi, Canada’s largest hard-rock lithium deposit. The effects of these systems point to seven spaces for further monitoring.
Figure five: Location of anomaly C relative to the Whabouchi Li deposit.
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In Anomanias A and B, the scale of the Li and Pathfinder geochemical anomalies of up to is impressive compared to the length of the Whabouchi lithium deposit (Figure 4). The geological context is also similar to that of Whabouchi, bordering a giant pegmatitic granite. body, which may simply be the fertile granite pluto involved. Lithium pegmatites are discovered in clusters around fertile granites, so further mineralization of lithium pegmatites around Whabouchi is expected.
In Anomaly C, Li’s prolonged anomaly has not been completely restricted and demands that more exploration paintings be completed. The geology of the domain is for the Whabouchi deposit.
with geochemical anomalies in contact with sedimentary and volcanic rocks on the southern margin of the green stone belt of Lac des Montagnes. Pegmatitic granites are provided and ancient tantalum pegmatite displays in the northeast recommend that highly fractional pegmatites be provided in this structural trend. Additional geochemical samples will be collected in the summer of 2023 to delineate Li’s spatial levels and the pioneer’s detail anomaly.
Figure 6 – Location of anomalies D, E and F in the southwestern part of Project Rupert.
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Anomalies D, E and F, in the southwestern part of the property, have smaller geochemical footprints than anomalies A, B and C, in the northern part of the property. Additional paints should be performed to determine if there are viable drilling targets on those anomalies.
The significant Ta-Nb anomaly in the southern component of the assets requires further study to perceive where the anomaly may also have come from. There would possibly be potential for the number one tantalum mineralization in the area, similar to the Tanco mine in Manitoba.
Figure 7 – Ta-Nb anomaly in the southern component of the Rupert project. The presence of Ta-Nb-Mn matches indicates that the geochemical anomaly is likely caused by columbite-tantalite being discovered in highly fractionated pegmatites.
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Additional paintings completed
The Company collected 37 ten-kilogram samples and sent them to Overburden Drilling Management for Moderate Density Mineral Separation (MDMS) to search for spodumene grains in the Array. The Company expects effects until January 2023.
QA/QC and sampling protocols
Geochemical samples were collected up to between 20 and 80 centimeters below the surface from horizon C of the glacier to. Approximately one kilogram of curtains were collected from each sampling site and sent to Bureau Veritas (“BV”) in Timmins, Ontario for preparation. The samples were ready for investigation according to the BV SS230 approach, in which individual samples were sieved to isolate the -230 mesh fraction (-63 microns). Samples were analyzed at BV in Vancouver, British Columbia, BV MA250 strategies (digestion of 4 acids with ICP-MS finish) for multielement knowledge (fractionally heated 0. 25 g in HNO3, HClO4 and HF until smoking and dried. The residue is dissolved in HCl) and the BV AQ130 approach (aqua regia with ICP-MS finish) for gold search (30 grams of clothing digested in aqua regia).
Point samples of rocks were taken from rocks or outcrops. Between 0. 5 and 2 kilograms of curtains were placed in a plastic bag and sent to BV in Timmins, Ontario for preparation. The samples were ready for investigation according to BV PRP70-250; 250 grams of curtains are crushed, divided and pulverized to insulate the fraction -200 mesh (-74 microns). 0. 25 grams of these curtains were analyzed with the BV MA250 approach (see description above) for phase matrix investigation. 30 grams of BV FA430 curtains (pyrognostic lead collection control with AAS finish) were analyzed.
Qualified person
Don Cummings, P. Geo (OGQ #2183), an independent representative of Li-FT Power Ltd. , a qualified person of National Instrument 43-101 Disclosure Standards for Mineral Projects, has reviewed and approved the technical contents of this press release.
For information, please contact:
Francis MacDonaldPresident and CEOTEL: (604) 609-6185Email: info@li-ft. comWebsite: www. li-ft. com
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1 Mineral resource estimate of NI 43-101 “NI 43-101 FEASIBILITY STUDY OF THE TECHNICAL REPORT ON WHABOUCHI LITHIUM MINE AND SHAWINIGAN ELECTROCHEMICAL PLANT” of February 21, 2018, prepared through Dupere et al. The resources cited are shown in Table 1. 4 – Ore Estimate of resources for the Whabouchi deposit in the pit: Measured – 16 953 000 tonnes at 1. 57% Li2O, indicated – 20 403 000 tonnes at 1. 41% Li2O (0. 30% cut-off grade Li¬2O)
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