(OTCQX: LIFFF) Goes Big By Quadrupling Key Land Position At Northwest Territories' Project

Coverage is officially initiated on Li-FT Power Ltd. (OTCQX: LIFFF) (TSXV: LIFT).

StockWireNews (OTCQX: LIFFF) Goes Big By Quadrupling Key Land Position At Northwest Territories' Project September 16th Greetings Readers, Coverage is officially initiated on Li-FT Power Ltd. (OTCQX: LIFFF) (TSXV: LIFT). If you're wondering why, here's the meat and potatoes... (OTCQX: LIFFF) has been on a heater in the recent term. From an August 6th low of $1.38 to a high of $2.39+ on September 11th, (OTCQX: LIFFF) has rocketed 73% in barely any time at all. Take a look at its 6-month chart:

See the moving averages above? Since mid-August, (OTCQX: LIFFF) has pushed through its 50-Day Simple Moving Average (SMA) and its 13-Day Exponential Moving Average (EMA) in an extremely bullish manner. This leaves a falling 200-Day SMA (around $2.88) as a 3rd line of potential resistance that, if challenged and broken down, could lead to a possible squeeze scenario developing in the near term. And with summer highs well over $3.00, there could be a ton of upside potential from current levels. It also doesn't hurt that the company announced earlier this month a quadrupling of their land position through staking at a key project in the Northwest Territories and the Yukon. But more on that game-changer in a second... Li-FT Power Ltd. (OTCQX: LIFFF) (TSXV: LIFT) is a mineral exploration company engaged in the acquisition, exploration, and development of lithium pegmatite projects located in Canada. The Company's flagship project is the Yellowknife Lithium Project located in Northwest Territories. The Yellowknife Lithium Project consists of mineral leases that cover the majority of the lithium pegmatites that make up the Yellowknife Pegmatite Province. So Big It's Visible From Space: Li-FT Power (OTCQX: LIFFF) (TSXV: LIFT) Drills Into Major Lithium Potential… As demand for renewable energy and electric vehicles (EVs) surges, lithium is taking center stage as one of the most indispensable commodities. Li-FT Power Ltd. (OTCQX: LIFFF) (TSXV: LIFT) stands poised to capitalize on this trend with its extensive hard-rock lithium assets in Canada. Its aggressive exploration programs and strategic focus are positioning the company for significant growth. Hard Rock Lithium Assets in Canada Li-FT Power Ltd. (OTCQX: LIFFF) (TSXV: LIFT)'s portfolio includes three key projects: the Yellowknife Lithium Project, the Cali Project, and the Quebec Greenfields Project. Each of these holds substantial lithium resources and offers the company a solid foundation for growth. Yellowknife Lithium Project (Northwest Territories):

This is Li-FT Power's flagship project and one of the most significant hard-rock lithium projects in North America. The project is located in the Northwest Territories, a region known for its rich spodumene pegmatites, which are highly desirable for lithium production. The project covers several pegmatite formations, which are clearly visible from space due to their near-surface exposure, offering a unique advantage in terms of resource identification. With 50,000 meters of drilling already completed, Li-FT Power has made substantial progress in defining its resource base. The next major milestone is the Maiden Mineral Resource Estimate (MRE), expected in the second half of 2024. Li-FT's upcoming mineral resource is expected to further solidify Yellowknife as one of North America's largest hard-rock lithium resources. The Yellowknife project also benefits from proximity to key infrastructure. Spodumene concentrate can be transported to rail via road or barge, facilitating easier access to markets. Cali Lithium Project (Northwest Territories and Yukon):

Situated on the border of the Northwest Territories and the Yukon, the Cali project is another promising lithium exploration area. Recent fieldwork has identified multiple spodumene pegmatite corridors, with some grab samples returning grades above 1% Li₂O. The Cali project holds strong potential, similar to Latin Resources' Colina lithium deposit in Brazil, suggesting that future exploration could yield significant discoveries. In a recent game-changing move, the company quadrupled the size of its Cali Property by staking an additional 9,681 hectares in the Little Nahanni Pegmatite District, Northwest Territories, Canada. (1) This massive land acquisition positions Li-FT Power at the forefront of lithium exploration, as the company strengthens its hold on one of the most sought-after lithium districts in North America. (1) The discovery of outcropping spodumene pegmatites in this new territory underscores the incredible potential for large-scale lithium resource development.

Expanding Horizons: The Cali Project Breakthrough Li-FT's expansion at the Cali Project is nothing short of monumental. By quadrupling the land size, the company has significantly enhanced its potential for future lithium production. (1) CEO Francis MacDonald highlighted the strategic foresight behind this move, noting: "Acquiring new areas through staking is the most cost-effective way to increase a company's land position." (1) This expansion couldn't have been more perfectly timed. Following the Canadian government's June 2024 amendment to the Sahtú Land Use Plan, which opened new staking opp's, Li-FT quickly capitalized to secure contiguous claims in a region teeming with lithium-rich spodumene deposits. This newly acquired land connects seamlessly with Li-FT's existing claims and provides access to outcropping spodumene pegmatites—the continuation of the Cali dyke swarm already identified by the company. With road access to Fort Nelson, British Columbia, the Cali Project's strategic location enhances its logistical and economic potential.

Cali Project: The Heart of North America's Lithium Future The Cali Project is set to become a cornerstone of North America's hard rock lithium industry. Exploration results have been nothing short of extraordinary, with 124 of 163 grab samples showing lithium oxide (Li2O) grades above 1%. This high-grade spodumene content demonstrates the project's vast potential, making it one of the most exciting lithium projects in the region. The pegmatite dyke swarm, covering an expansive area of 1.5 km by 1 km, offers a tantalizing glimpse of what could be a substantial lithium resource. With the newly expanded land position and proximity to road infrastructure, the Cali Project is ideally poised to scale quickly and efficiently, positioning Li-FT Power as a dominant force in the growing global lithium market. As demand for lithium surges, Li-FT's aggressive staking and exploration strategy at Cali ensures the company is ahead of the curve, ready to meet the world's hunger for this critical battery metal. Quebec Greenfields Project (James Bay, Quebec):

The Quebec Greenfields project is a greenfield lithium exploration initiative targeting spodumene pegmatites. Spanning over 2,282 square kilometers, it covers regions near known lithium-rich areas such as the Whabouchi deposit. The project is road-accessible, enhancing its attractiveness as a large-scale lithium exploration prospect. In addition, geochemical sampling has already revealed a 13 km by 6 km spodumene anomaly, which could lead to major discoveries in the near future. Find Sources For Info Above And More Here: Li-FT Power's Company Presentation. ----- A Well-Timed Entry into the Lithium Market Li-FT Power's exploration strategy is underpinned by favorable market timing. Lithium prices, though down from their peak in 2022, remain strong, and global demand is set to soar in the coming decades. The International Energy Agency (IEA) predicts that lithium production will need to increase 40-fold by 2040 to meet the needs of the renewable energy sector. With electric vehicles (EVs) entering their mass adoption phase, demand for lithium-ion batteries is projected to drive a significant bull market for lithium. Li-FT Power aims to capitalize on this demand with a portfolio of projects that could become some of North America's largest lithium resources. ----- Li-FT Power Ltd. (OTCQX: LIFFF) (TSXV: LIFT) needs the top spot on your watch-list Monday. Sincerely, Kai Parker StockWireNews Source 1 (Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)

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