LIFT Targets 25 km Spodumene Anomaly with Maiden Drill Program at Pontax Project
Generado por agente de IACyrus Cole
jueves, 27 de febrero de 2025, 3:15 am ET1 min de lectura
LIF--
Li-FT Power Ltd. (TSXV: LIFT) (OTCQX: LIFFF) (FSE: WS0) is set to commence its maidenMHLD-- diamond drill program at the Pontax Lithium Project in Quebec's James Bay region, targeting a 25 km long spodumene anomaly. The company aims to validate the anomaly and identify potential spodumene pegmatites, which could significantly enhance the project's lithium resource potential.
The Pontax Lithium Project, comprising 100% owned claims and options from Harfang Exploration, has revealed a substantial 25 by 10 km area with high spodumene grain counts in glacial sediments. This extensive anomaly suggests the presence of nearby spodumene pegmatites, which could be a significant source of lithium for the company.
The planned 5,000-meter diamond drilling campaign will focus on five drill fences across Corridors A, B, and C, with holes planned to a maximum vertical depth of 100 meters. This approach is expected to help LIFT determine the source of the extensive spodumene anomaly and potentially discover spodumene pegmatites within the area.
The exploration program has also revealed beryl-apatite-garnet bearing dykes with high Li, Cs, Ta, and Rb concentrations, considered promising indicators for nearby spodumene dykes. These discoveries further enhance the overall potential of the Pontax Project as a lithium resource.
Francis MacDonald, CEO of LIFT, commented, "If spodumene is present in soils or glacial sediments, it is most likely sourced from lithium bearing spodumene pegmatites within close proximity. The areal extent of the Pontax spodumene anomaly is very impressive and suggests more than one pegmatite dyke is likely the cause of this. We believe there are at least three sizable targets, all within the same geological setting, all with high spodumene counts. The team is excited to get the drills started in April 2025 and are busily finalizing details for the maiden drill program."
The upcoming drill program at the Pontax Lithium Project is a significant milestone for LIFT, as it aims to validate the spodumene anomaly and potentially identify new lithium resources. As the company continues to explore and develop its lithium projects in Canada, investors will be watching closely for the results of this maiden drill program and its potential impact on the company's lithium resource base.
MHLD--
TSVT--
Li-FT Power Ltd. (TSXV: LIFT) (OTCQX: LIFFF) (FSE: WS0) is set to commence its maidenMHLD-- diamond drill program at the Pontax Lithium Project in Quebec's James Bay region, targeting a 25 km long spodumene anomaly. The company aims to validate the anomaly and identify potential spodumene pegmatites, which could significantly enhance the project's lithium resource potential.
The Pontax Lithium Project, comprising 100% owned claims and options from Harfang Exploration, has revealed a substantial 25 by 10 km area with high spodumene grain counts in glacial sediments. This extensive anomaly suggests the presence of nearby spodumene pegmatites, which could be a significant source of lithium for the company.
The planned 5,000-meter diamond drilling campaign will focus on five drill fences across Corridors A, B, and C, with holes planned to a maximum vertical depth of 100 meters. This approach is expected to help LIFT determine the source of the extensive spodumene anomaly and potentially discover spodumene pegmatites within the area.
The exploration program has also revealed beryl-apatite-garnet bearing dykes with high Li, Cs, Ta, and Rb concentrations, considered promising indicators for nearby spodumene dykes. These discoveries further enhance the overall potential of the Pontax Project as a lithium resource.
Francis MacDonald, CEO of LIFT, commented, "If spodumene is present in soils or glacial sediments, it is most likely sourced from lithium bearing spodumene pegmatites within close proximity. The areal extent of the Pontax spodumene anomaly is very impressive and suggests more than one pegmatite dyke is likely the cause of this. We believe there are at least three sizable targets, all within the same geological setting, all with high spodumene counts. The team is excited to get the drills started in April 2025 and are busily finalizing details for the maiden drill program."
The upcoming drill program at the Pontax Lithium Project is a significant milestone for LIFT, as it aims to validate the spodumene anomaly and potentially identify new lithium resources. As the company continues to explore and develop its lithium projects in Canada, investors will be watching closely for the results of this maiden drill program and its potential impact on the company's lithium resource base.
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