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LIFT Identifies Thousands of Spodumene Grains in an Indicator Mineral Study at the Nottaway Lithium Project, Quebec

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Li-FT Power (TSXV: LIFT / OTCQX: LIFFF) reported results from a summer 2025 indicator-mineral study at the Nottaway Lithium Project in Eeyou Istchee, Quebec. ODM processed 49 till samples and identified a 1 x 3 km area of elevated spodumene grain counts in tills, including five samples >200 grains and a top result totaling approximately 2,000 spodumene grains (800 dense + ~1,200 mid-density).

The dataset shows a clear up-ice cutoff and an associated sample of ~400 grains nearby, supporting a proximal up-ice source and indicating potential concealed spodumene-bearing pegmatites beneath till cover. The program targeted areas with very limited outcrop.

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Positive

  • Outlined 1 x 3 km area of elevated spodumene grains
  • Five samples returned >200 spodumene grains
  • Best sample totaled ~2,000 spodumene grains (800 dense + ~1,200 mid-density)
  • Clear up-ice cutoff supports a proximal up-ice mineral source

Negative

  • Work based on indicator mineral tills; no bedrock drill confirmation reported
  • Exploration occurred in area with very limited outcrop, complicating direct mapping

News Market Reaction

+15.42%
1 alert
+15.42% News Effect

On the day this news was published, LIFFF gained 15.42%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Till samples: 49 samples Anomalous area: 1 x 3 km Peak spodumene count: 2,000 grains +5 more
8 metrics
Till samples 49 samples Indicator mineral study at Nottaway Lithium Project, summer 2025
Anomalous area 1 x 3 km Elevated spodumene grain counts outlined within project area
Peak spodumene count 2,000 grains Combined dense and mid-density fractions in best till sample
Secondary sample count ~400 grains Sample #116928 total spodumene grains near peak anomaly
Base shelf size CA$200 million Canadian Base Shelf Prospectus filed November 18, 2025
Li2O intercept 1.9% Li2O over 21 m Cali Lithium Project channel sampling result (Oct 16, 2025)
Peak Li2O assay 2.86% Li2O Highest rock assay from Cali Lithium Project exploration
Option exploration spend $3.35 million Required exploration within three years for Pontax second option

Market Reality Check

Price: $4.75 Vol: Volume 40,560 is 2.22x th...
high vol
$4.75 Last Close
Volume Volume 40,560 is 2.22x the 20-day average of 18,295 shares. high
Technical Price $3.432 is trading above the 200-day MA of $1.82, reflecting a strong pre-news uptrend.

Peers on Argus

LIFFF gained 15.42% while peers were mixed: LTHCF rose 3.68%, EEMMF fell 2.62%, ...

LIFFF gained 15.42% while peers were mixed: LTHCF rose 3.68%, EEMMF fell 2.62%, and others were flat to slightly down, indicating a stock-specific move rather than a broad sector shift.

Historical Context

5 past events · Latest: Dec 04 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Dec 04 Industry award Positive -8.3% Trailblazer Award recognizing collaborative work on Yellowknife Lithium Project.
Nov 18 Shelf & year-end change Neutral -7.1% New CA$200M base shelf and change in financial year-end to Dec 31.
Oct 16 Exploration results Positive +7.3% Strong Li2O grades and new spodumene pegmatites at Cali Lithium Project.
Oct 10 Environmental studies Positive -4.6% Completed first full year of baseline studies for Yellowknife permitting.
Sep 23 Property option Positive -1.1% Elected to proceed with second option at Pontax Property in Quebec.
Pattern Detected

Positive operational and partnership news has often met with mixed or negative next-day price reactions, with only one of the last five events showing a clearly positive alignment.

Recent Company History

This announcement adds another exploration milestone to Li‑FT Power’s recent news flow. Since September 2025, the company advanced its Quebec Pontax option, completed a first full year of environmental baseline work at Yellowknife, and reported strong Li2O grades and new pegmatites at the Cali Project on October 16, 2025. A new Canadian base shelf of up to CA$200 million was filed on November 18, 2025, followed by an industry Trailblazer Award on December 4, 2025.

Market Pulse Summary

The stock surged +15.4% in the session following this news. A strong positive reaction aligns with L...
Analysis

The stock surged +15.4% in the session following this news. A strong positive reaction aligns with LIFFF’s constructive lithium exploration narrative, as the Nottaway till survey outlined a 1 x 3 km spodumene anomaly with peak counts of 2,000 grains. Historically, several positive updates saw muted or negative next‑day moves, so a large gain could reflect changing sentiment. Investors have previously reacted inconsistently to news, a pattern that can make follow‑through less predictable.

Key Terms

spodumene, pegmatites, indicator mineral, till samples, +2 more
6 terms
spodumene medical
"identify spodumene grains that could signal the presence of nearby"
Spodumene is a hard mineral that contains much of the world’s recoverable lithium, the key metal used in rechargeable batteries for electric cars and grid storage. For investors it matters because spodumene deposits and the mines that produce them influence lithium supply, costs and company valuations—think of it as a pantry of battery ingredients whose size, quality and accessibility affect prices and the profitability of battery- and EV-related businesses.
pegmatites technical
"nearby spodumene-bearing pegmatites hidden beneath till cover."
Pegmatites are unusually coarse-grained veins or pockets of igneous rock that form when molten material cools slowly, allowing very large mineral crystals to grow. They matter to investors because these formations often concentrate valuable and rare minerals—such as lithium, tantalum, rare earth elements and gemstones—so finding a pegmatite can point to a high-value mining opportunity; think of them as nature’s concentrated treasure chests within a rock.
indicator mineral technical
"till samples for indicator mineral analysis in areas with very limited"
Indicator minerals are small, common minerals that act like geological breadcrumbs, signaling the likely presence of larger, valuable mineral deposits nearby. Prospectors and geologists track their chemistry and location to narrow where to drill or dig, which matters to investors because these minerals can lower exploration costs, reduce the chance of costly dry holes, and affect a mining project's perceived value and investment risk.
till samples technical
"LIFT collected 49 till samples for indicator mineral analysis"
Unsorted sediment left behind by moving glaciers that geologists collect and analyze for traces of metals and other minerals; think of it like sifting through roadside gravel to find clues about what’s upstream. Investors pay attention because till sampling is a low-cost, early-stage exploration tool that can reveal nearby mineral deposits, guide drilling decisions and change a project's perceived value and market interest.
dense mineral fraction technical
"more than 800 grains from the dense mineral fraction and"
The dense mineral fraction is the portion of mined material that has a noticeably higher weight because it contains heavier, valuable minerals separated from lighter waste. Think of shaking a jar of mixed sand and pebbles: the pebbles settle toward the bottom and represent the denser fraction that typically holds the valuable contents. For investors, the size and purity of this fraction indicate how much saleable material can be recovered, which directly affects revenue potential and processing costs.
LiDAR technical
"Figure 2 – Spodumene Counts on LiDAR image."
Lidar, which stands for Light Detection and Ranging, is a technology that uses laser beams to create detailed, three-dimensional maps of the environment. It works like a sophisticated eye that measures distances by bouncing light off objects, helping machines see and understand their surroundings. For investors, lidar is important because it enables advancements in autonomous vehicles, robotics, and mapping, which can drive innovation and growth in related industries.

AI-generated analysis. Not financial advice.

VANCOUVER, British Columbia, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Li-FT Power Ltd. (“LIFT” or the “Company”) (TSXV: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to provide an update on the exploration results from the Nottaway Lithium Project (the “Project”), located in the Eeyou Istchee Region of Québec.

During the summer of 2025, LIFT collected 49 till samples for indicator mineral analysis in areas with very limited outcrop. The samples were processed by Overburden Drilling Management (ODM), where density concentrates were produced to identify spodumene grains that could signal the presence of nearby spodumene-bearing pegmatites hidden beneath till cover. This work outlined a 1 x 3 km area of elevated spodumene grain counts within the Project area, highlighting the potential presence of a concealed pegmatite system under cover (see map Figure 2).

Area Map

Figure 1 – Location of the Nottaway Project in the James Bay region of Quebec

Francis MacDonald, CEO of LIFT, comments, “The tenor of these spodumene counts is exceptional—values greater than 2,000 grains are rarely seen in Canadian glacial sediments. Now that we have defined a clear up-ice source for these grains within a well-defined dispersion train, we feel LIFT has a compelling lithium-pegmatite discovery opportunity on our hands. This work is occurring in an area already known for hosting giant spodumene pegmatites—Q2 Metals’ Cisco discovery is located just nine kilometres from our claim boundary.”

Spodumene counts by ODM returned five (5) significant results of greater than 200 spodumene grains. The best sample returned more than 800 grains from the dense mineral fraction and approximately 1,200 grains from the mid-density fraction for a total of 2,000 spodumene grains. On the property-scale map, this result is accompanied by sample #116928, which returned a total of ~400 spodumene grains (Figure 2).

Up-ice of these two samples, ODM recovered a sequence of only 1, and 0 grains, forming a clear up-ice cutoff. The abundance, concentration, and isolation of these high counts suggests that there is excellent potential for an undiscovered spodumene-bearing pegmatite within LIFT’s project area.

Nottaway project Dec 09

Figure 2 – Spodumene Counts on LiDAR image. Star indicated up-ice cut-off of spodumene grains in the tills and location of potential hidden spodumene dykes.

About the Nottaway Lithium Project

The Nottaway Project is located on the southern margin of the Frotet–Evans Greenstone Belt, where basalts of the Rabbit Formation are tightly bound by the Salamandre and Théodat tonalite–granodiorite intrusions that emplaced along the Nottaway Shear Zone during the Neoarchean orogeny. This places Nottaway within the same broader tectono-magmatic architecture responsible for the emplacement of the Moblan and Cisco lithium pegmatite systems to the north and East of the project, respectively (Figure 1).

On January 31, 2025, LIFT entered into an agreement with a private individual for an option to purchase the Nottaway Project for the following terms:

Cash Payments

  • $30,000 on signing
  • $50,000 on or before the 1st anniversary
  • $500,000 on or before the 2nd anniversary

Exploration Expenditures

  • $50,000 in exploration expenditures by the 1st anniversary
  • $200,000 in exploration expenditures on or before the 2nd anniversary

Royalty Interest
1% Net Smelter Royalty with 0.5% buyable for $500,000

QA/QC & Sampling Protocols

  • The survey consisted in 10 kg till samples, collected in the field by digging a hole using hand shovels until the sampler reached the C-Horizon (below the red-brown B-Horizon). Samples were collected in the C-Horizon (or B-Horizon if the hole got too deep i.e. >1.0m) of the till column and are hand-cleaned from large pebbles, fallen detritus, organic material and other horizon remnants. A sample of approximately 10kg is taken from the hole and placed in a white rice plastic bag with a sample tag inserted into the bag and the corresponding number written in black permanent marker on the outside of the bag.
  • Samples are described in detail in a notebook on in a Fulcrum application before being tied. GPS coordinates and a brief description were also recorded for each individual sample. The descriptions include the material collected, the matrix of the material, its color, wetness, the amount of pebbles and their lithologies, the presence of quartz fragments, etc. Sample bags are then sealed using plastic zip ties before being removed from the field.
  • Till samples were shipped to Overburden Drilling Management (ODM) in Ottawa, Ontario for processing by panning and a shaking table to produce heavy mineral concentrates, ODM further refined the concentrates using heavy liquid separation to produce mid-density concentrates which they then picked for indicator minerals. Representative spodumene and other minerals are checked using a scanning electron microscope to confirm identification. ODM removes a 500-gram archival split for each sample. A 200g split of each sample was sieved to -0.063mm. All sample splits were panned for gold, PGMs and fine-grained metallic indicator minerals. The >0.25mm fraction is placed on a shaking table and the concentrates refined by heavy liquid separation at Specific Gravity (S.G.) of 3.0 and 3.2 to obtain mid-density and heavy mineral concentrates (MDCs and HMCs). The 0.25-0.5 mm and S.G. 3.0-3.2 fraction was separated electromagnetically at 1.0 and 2.0 amps to obtain a concentrate of tourmaline (1.0-2.0 amp) and spodumene (>2.0 amp) grains. The material consisting in 0.25-2.0 mm, with S.G. 3.0 to 3.2 and S.G. >3.2 nonferromagnetic MDC and HMC fractions were picked for indicator minerals. The material consisting in 1.0-2.0 mm, 0.5-1.0 mm and nonparamagnetic (>1.0 amp) 0.25-0.5 mm HMC fractions was examined for scheelite by UV lamping and MDC fractions examined for spodumene by LW UV lamping.
  • The 500g sub-sample was shipped to Bureau Veritas ("BV") in Timmins, Ontario for preparation. Samples were prepared for analysis according to BV method SS230 where individual samples were sieved to isolate the -230 mesh (-63 microns) fraction. Prepared samples were then sent and analysed at BV in Vancouver, British Columbia with methods MA250 (4-acid digestion with ICP-MS finish) for multi-element data (0.25-gram split is heated in HNO3, HClO4 and HF to fuming and taken to dryness). A 30-gram split was analyzed with BV method AQ130 (aqua regia with ICP-MS finish) for gold analysis.

Qualified Person

The sampling protocol and technical content of this news release has been reviewed and approved by Steven Lauzier, P. Geo, President, CEO and Geologist, SL Exploration Inc. a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) and member in good standing of the Quebec Order of Geologists (#1430). The qualified person is not independent from the Company.

About LIFT

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, Canada. LIFT also holds three early-stage exploration properties in Quebec, Canada with excellent potential for the discovery of buried lithium pegmatites, as well as the Cali Project in Northwest Territories within the Little Nahanni Pegmatite Group.

For further information, please contact:

Francis MacDonald
Chief Executive Officer
Tel: + 1.604.609.6185
Email: investors@li-ft.com
Website: www.li-ft.com
Daniel Gordon
Investor Relations
Tel: +1.604.609.6185
Email: investors@li-ft.com
  

Cautionary Statement Regarding Forward-Looking Information

Certain statements included in this press release constitute forward-looking information or statements (collectively, “forward-looking statements”), including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “may”, “should” and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements and information reflect management's current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release.

Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under "Risk Factors" in the Company's latest annual information form filed on March 21, 2025, which is available under the Company's SEDAR+ profile at www.sedarplus.ca, and in other filings that the Company has made and may make with applicable securities authorities in the future. Forward-looking statements contained herein are made only as to the date of this press release and we undertake no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f26d4482-056c-494b-b10d-29352c991bf3
https://www.globenewswire.com/NewsRoom/AttachmentNg/786a507a-510c-4c12-9539-59797eb3bdc5


FAQ

What did Li-FT Power (LIFFF) report on December 10, 2025 about Nottaway lithium?

Li-FT reported a summer 2025 indicator-mineral study showing a 1 x 3 km area of elevated spodumene grains and a top sample of ~2,000 grains.

How many spodumene grains did the best Nottaway sample return for LIFFF?

The best sample returned approximately 2,000 spodumene grains (800 dense fraction + ~1,200 mid-density).

Does the LIFFF indicator study confirm a spodumene pegmatite at Nottaway?

No; the results indicate a proximal up-ice source beneath till cover but do not include bedrock or drill confirmation.

How many till samples did LIFFF process and who processed them?

Li-FT collected 49 till samples in summer 2025 and Overburden Drilling Management (ODM) processed the density concentrates.

What investor significance do the spodumene grain counts reported by LIFFF have?

Elevated counts (five samples >200 and one ~2,000) and a clear up-ice cutoff suggest a nearby concealed spodumene-bearing source warranting follow-up exploration.
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