Welcome to our dedicated page for Li-FT Power news (Ticker: LIFFF), a resource for investors and traders seeking the latest updates and insights on Li-FT Power stock.
News about Li-FT Power Ltd. (LIFFF) centers on its lithium-focused exploration programs and corporate developments in Canada. The company’s releases highlight drilling, sampling, and technical work at the Yellowknife Lithium Project in the Northwest Territories, as well as activities at other lithium pegmatite projects including the Cali, Nottaway, Pontax, and Galinée properties.
Investors following LIFFF news can read detailed updates on drill campaigns targeting spodumene-bearing pegmatite dykes such as the Shorty and Nite corridors at Yellowknife. Releases describe drill hole locations, lithium oxide (Li₂O) assay intervals, and the geological interpretation of pegmatite corridors. Additional coverage includes channel and rock sampling results at the Cali Project, and indicator mineral studies at the Nottaway Project that report elevated spodumene grain counts in till samples.
Li-FT’s news flow also covers environmental baseline studies and community collaboration at Yellowknife, including programs led by Det'on Cho Environmental and recognition through the Trailblazer Award from the Northwest Territories and Nunavut Chamber of Mines. Corporate and capital markets updates appear as well, such as the filing of a short form base shelf prospectus, option and royalty agreements on properties like Pontax and Galinée, and equity incentive grants.
This LIFFF news page aggregates these company-issued updates in one place, allowing readers to review exploration results, technical milestones, partnership announcements, and financing tools described by Li-FT. For those tracking lithium exploration in Canada, it offers a focused view of how Li-FT reports progress across its project portfolio over time.
Li-FT Power (TSXV: LIFT; OTCQX: LIFFF) completed the 2025 Environmental Baseline Studies Program for the Yellowknife Lithium Project, representing the first full year of required seasonal baseline data collection toward advanced permitting and Environmental Assessment.
The program covered aquatic, atmospheric, terrestrial, and human environments, ran April–September 2025 for many field programs, and was led by Indigenous-owned Det'on Cho Environmental. Data will inform mine planning and economic studies; certain monitoring (air quality, meteorology) will continue year-round and a second year of seasonal baseline data is still required.
Li-FT Power (OTCQX: LIFFF) has elected to proceed with the second option for the Pontax Property in Quebec's Eeyou-Istchee James Bay region, following its successful acquisition of an initial 51% interest. To secure an additional 19% stake (total 70%), LIFT must make a $50,000 payment and invest $3.35 million in exploration within three years.
The company will satisfy the initial payment by issuing 14,044 shares at $3.56 per share. Upon completion, Harfang can either convert its remaining 30% interest into a 2.5% NSR royalty or form a joint venture. Additionally, LIFT granted 8,422 Deferred Share Units to independent directors at $2.30 CAD per unit.
Li-FT Power (OTCQX: LIFFF) has announced the commencement of its 2025 drilling program at the Yellowknife Lithium Project in Northwest Territories, Canada, starting August 25, 2025. The program encompasses 10 drill holes totaling 3,445 meters, focusing on the Shorty (2,655m) and Nite (790m) dykes.
The company plans to target high-grade spodumene intercepts that remain open from previous drilling campaigns. The project currently holds a mineral resource estimate of 50.4 million tonnes grading 1.00% Li2O (equivalent to 1.25 million tonnes of LCE) in the inferred category, positioning it among North America's largest spodumene projects.
Drilling will be conducted at 100m spacing to depths of 300-350m, with eight holes planned at Shorty dyke and two at Nite dyke. Previous drilling results showed significant lithium grades, including intercepts of 1.24% Li2O over 53m at Shorty dyke.
Li-FT Power (OTCQX: LIFFF) has appointed Anthony Tse as Executive Chairman, bringing nearly 30 years of experience in high-growth and technology industries. Tse, the former Managing Director and CEO of Galaxy Resources, has extensive expertise in the lithium battery value chain and energy transition sector.
During his tenure at Galaxy Resources, Tse transformed the company into one of the top 5 global lithium producers. He currently serves as Chairman of Nano One Materials Corp. and Board Director of Li-Cycle Corp. The company also announced that Alexander Langer will transition to Director and resign as President, with CEO Francis MacDonald assuming the President role. Additionally, Board Directors Iain Scarr and Kenneth Scott have resigned.
In connection with his appointment, Tse has been granted 400,000 stock options at CAD$2.54 per share, vesting over three years.
Li-FT Power (OTCQX: LIFFF) has completed the sale of 313 claims from its Rupert Project in Quebec to Power Metallic Mines. The transaction includes C$700,000 in cash, 6 million shares of Power Metallic Mines (representing 2.6% ownership), and a 0.5% NSR royalty with no buyback provision.
The shares received are subject to a statutory hold period until November 12, 2025, with half under additional trading restrictions until July 11, 2026. The share position has an estimated market value of C$7 million. Additionally, LIFT granted 20,407 Deferred Share Units to independent directors at C$2.51 per DSU.
Power Metallic Mines (OTCBB: PNPNF) has successfully completed the acquisition of 313 mineral claims totaling 167 km² from Li-FT Power (OTCQX: LIFFF). The transaction involves a $700,000 cash payment and the issuance of 6 million common shares to Li-FT.
The acquired claims are adjacent to Power Metallic's 45.86km² Nisk property, expanding their total land position to ~212.86 km² in the Nisk camp. This strategic acquisition secures approximately 20 km of strike on the northern basin margin and 30 km on the southern margin, encompassing the Nisk, Lion, and Tiger discoveries.
Li-FT retains a 0.5% NSR on all acquired claims. The company also announced the appointment of MNP LLP as its new PCAOB-registered auditor to support potential senior exchange listings.
Li-FT Power (OTCQX: LIFFF) has announced the commencement of exploration activities at its Cali Lithium Project in Northwest Territories, Canada, starting July 17, 2025. The project is situated in the Little Nahanni Spodumene Pegmatite Group, featuring multiple spodumene dykes within a 13km-long structural corridor.
The 2025 work program includes 1,100m of trenching in high-grade spodumene zones and bulk metallurgical sampling for dense media separation testing. The company's 2023 sampling confirmed dyke zones of 100-300m width, with grades up to 3.04% Li2O. LIFT has expanded its presence by staking an additional 9,681 hectares in 2024 following the Sahtú Land Use Plan amendment.
Li-FT Power (LIFFF) has announced promising results from preliminary lithium conversion testwork conducted in 2025 on spodumene concentrate from its Yellowknife Lithium Project. The tests, performed at SGS Canada, achieved up to 98% lithium extraction under typical operating conditions.
The testwork was conducted on a DMS concentrate sample from the Big East deposit, which contained 5.60% Li2O and 0.65% Fe2O3. The mineralogical composition showed 70% spodumene content. The testing program included calcination, sulphuric acid mixing and roasting, and water leaching processes.
Key findings revealed optimal lithium extraction at calcination temperatures above 1050°C with a 30-minute residence time. The process yielded lithium concentrations in solutions up to 19,600 mg/L, demonstrating the project's potential as a future source of high-quality lithium for the North American battery supply chain.