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Be the first with the news that moves the market- Li-FT Power (LIFT) has begun the first diamond drill program at the Rupert Lithium Project in Québec
- 17 holes have been planned for 5,000 metres of diamond drilling that will test targets generated by the 2021 and 2022 exploration programs
- Favourable structures for emplacement of pegmatite dykes were identified among the lithium anomalies at the Rupert A and B Targets
- Li-FT Power Ltd. (LIFT) opened trading at C$8.20
Li-FT Power (LIFT) has begun the first diamond drill program at the Rupert Lithium Project in Québec.
17 holes have been planned for 5,000 metres of diamond drilling that will test targets generated by the 2021 and 2022 exploration programs.
Favourable structures for emplacement of pegmatite dykes were identified among the lithium anomalies at the Rupert A and B Targets. Based on the tenor, size, and geometry of the dispersion anomalies presented at Targets A and B, the LIFT technical team believes there could be a significant spodumene occurrence hidden below either target.
Eight exploration holes totalling 2,500 metres have been planned for Target A. At Target B, nine drill holes are planned also for a total of 2,500 metres.
Francis MacDonald, CEO of Li-FT, explained that the team had systematically explored 2,000 sq. km. of prospective geology that hosts the Whabouchi Lithium Deposit (37.4 million tons at 1.48 per cent Li2O1) and has generated nine high-quality targets for follow-up exploration.
“Our first drill program will target two robust lithium anomalies at Target A and B in the right geological setting proximal to a large granite intrusion. These anomalies are large enough to represent a significant spodumene occurrence in one of the most exciting lithium pegmatite districts on the planet”.
Li-FT is a mineral exploration company engaged in the acquisition, exploration, and development of lithium pegmatite projects located in Canada.
Li-FT Power Ltd. (LIFT) opened trading at C$8.20.
