LIFT Celebrates Major Lithium Recovery at Yellowknife Project
Li-FT Power Ltd. (TSX-V: LIFT, OTC Markets: LIFFF, Frankfurt: WS0) has some exciting news regarding its metallurgical activities at the Yellowknife Lithium Project. Through an extensive sampling program conducted in 2023 and 2024, which covered several spodumene deposits, the company achieved a promising metallurgical recovery of about 79%. This is an important milestone for Li-FT, showcasing their ability to produce a high-quality spodumene concentrate that averages 5.83% Li2O.
Details of the Metallurgical Program
The testing efforts were carried out in collaboration with SGS Canada Inc. in Ontario. Several techniques, including heavy liquid separation (HLS), dense media separation (DMS), and batch flotation, were applied to samples extracted from the Big East, Big West, Nite, Ki, Echo, Fi Main, Fi Southwest, and Hi pegmatites. This thorough methodology has enabled the company to assess how efficiently these processes extract lithium from the mineral rock.
Promising Results and Future Testing
CEO Francis MacDonald shared his excitement over the favorable results, stating, “These thorough metallurgical tests lay the groundwork for our upcoming Preliminary Economic Assessment (PEA) and demonstrate the effectiveness of our extraction methods.” The significance of these results stems in part from successful pilot-scale DMS tests, indicating that cost-effective separation methods are viable for the spodumene-rich pegmatite dikes designated for early mining operations.
In-Depth Metallurgical Analysis
The lithium content in the samples was carefully analyzed using sodium peroxide fusion digestion followed by inductively coupled plasma optical spectroscopy (ICP-OES). Data indicated that lithium concentrations in the pegmatite samples ranged from 0.86% to 1.46% Li2O, along with varying iron content. The average grade of the spodumene concentrate across multiple deposits confirms the strong potential of these mining locations.
Benefits of Lithium Recovery Techniques
Importantly, the pilot tests displayed global lithium recoveries that varied notably among the samples tested. The two-stage DMS yielded global recovery rates ranging from 49.9% to 60.4%, along with grades that are of significant interest. When combining DMS and flotation techniques, recoveries ranged from 81% to 87%, further demonstrating the effectiveness of the methodologies used.
Company Expansion and Future Opportunities
LIFT is making strides not just with the Yellowknife Lithium Project, but is also strategically positioned within the larger lithium market. With its flagship project located in the Northwest Territories, the company shows great potential for upcoming discoveries, particularly with three early-stage exploration properties in Quebec that hold significant promise for finding lithium pegmatites.
Contact Information
If you’re interested in learning more about their operations or future initiatives, feel free to reach out to:
Francis MacDonald - Chief Executive Officer
Tel: +1.604.609.6185
Daniel Gordon - Investor Relations
Tel: +1.604.609.6185
Email: info@li-ft.com | investors@li-ft.com
Website: www.li-ft.com
Frequently Asked Questions
What does Li-FT Power Ltd. primarily focus on?
Li-FT Power Ltd. focuses on acquiring, exploring, and developing lithium pegmatite projects in Canada, with a flagship operation in Yellowknife.
What recovery rate is LIFT reporting from their testing?
The company reports a metallurgical recovery rate of approximately 79% from its extensive testing program.
Which methods were utilized in the metallurgical program?
The metallurgical program used techniques such as heavy liquid separation (HLS), dense media separation (DMS), and batch flotation.
Why is the spodumene concentrate grade significant?
The average spodumene concentrate, which reached 5.83% Li2O, indicates a high-quality recovery from the processed samples.
Where can investors learn more about LIFT's operations?
Investors can find more information on the company's projects and updates by visiting the official website at www.li-ft.com.
