Interview with Francis Macdonald, CEO of Li-FT Power (CSE: LIFT)

Li-FT Power is focused on exploring and developing hard rock lithium deposits in Canada. The company's flagship project is the Yellowknife lithium project in the Northwest Territories, which hosts 13 significant spodumene pegmatites exposed at surface. Historic sampling indicates the pegmatites have high lithium grades of 1-2% Li2O.

Drilling commenced at Yellowknife in June 2022 and initial holes have intersected wide intervals of spodumene mineralization. Li-FT plans an aggressive 45,000 meter drill program through November to delineate an initial mineral resource. The project benefits from excellent infrastructure with road access and proximity to rail.

Li-FT is also advancing an early stage exploration portfolio in Quebec's James Bay region, where the company is using systematic till sampling to pinpoint buried lithium pegmatites. Drilling has commenced at the Rupert project and will be expanded to other targets. Additional field work is planned at the Cali project in the Northwest Territories.

With a tight share structure and over $35 million in cash, Li-FT is well funded to advance its projects. The company aims to fast track Yellowknife to a preliminary economic assessment within 18 months. Li-FT's portfolio provides exposure to multiple lithium projects in mining friendly Canadian jurisdictions.