LIFT, the Yellowknives Dene First Nation, and Det'on Cho Environmental Win the Hearts of Gold Trailblazer Award from the Northwest Territories and Nunavut Chamber of Mines
Rhea-AI Summary
Li-FT Power (TSXV: LIFT; OTCQX: LIFFF) announced on December 4, 2025 that it, the Yellowknives Dene First Nation, and Det'on Cho Environmental received the Trailblazer Award from the Northwest Territories and Nunavut Chamber of Mines for the Yellowknife Lithium Project.
The award recognizes collaborative leadership in creating career-oriented opportunities for Indigenous community members. The partnership emphasizes hiring, training, capacity building, Indigenous-owned business participation, and environmental stewardship through YKDFN's training arm Decḩı̨ta Nàowo and DCE's workforce development.
Positive
- None.
Negative
- None.
News Market Reaction
On the day this news was published, LIFFF declined 8.34%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Market Reality Check
Peers on Argus
LIFT gained 15.42% while peers were mixed: AZMCF down 1%, EEMMF down 2.62%, and LTHCF up 3.68%. The magnitude of LIFT’s move suggests a company-specific reaction rather than a broad sector shift.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 04 | Community partnership award | Positive | -8.3% | Recognition of Indigenous partnership and training at Yellowknife Lithium Project. |
| Nov 18 | Shelf prospectus filing | Neutral | -7.1% | New Canadian Base Shelf Prospectus and change to calendar year-end. |
| Oct 16 | Exploration results | Positive | +7.3% | Strong lithium channel samples and extended pegmatite corridor at Cali Project. |
| Oct 10 | Environmental studies | Positive | -4.6% | Completion of first full year of environmental baseline studies at Yellowknife. |
| Sep 23 | Option advancement | Positive | -1.1% | Election to proceed with second option to increase Pontax Property stake. |
Recent history shows frequent sell-offs or muted responses to generally constructive project and corporate updates, with only one clearly positive reaction among the last five tracked news events.
Over the last several months, Li-FT Power has focused on advancing its lithium portfolio and project de-risking. On Sep 23, 2025, it chose to proceed with a second option at the Pontax Property, increasing potential ownership. In Oct 2025, the company reported encouraging exploration results at the Cali Lithium Project and completed the first full year of baseline environmental studies for the Yellowknife Lithium Project. A new Canadian Base Shelf Prospectus was filed on Nov 18, 2025. Today’s Hearts of Gold Trailblazer Award ties back to the same Yellowknife project and its Indigenous partnership model.
Market Pulse Summary
The stock moved -8.3% in the session following this news. A negative reaction despite positive community recognition would fit a pattern where several constructive updates, including project options and environmental progress, were followed by weak price performance. Even with technically strong positioning near the 52-week high, past behavior shows that upbeat headlines have not always translated into sustained gains, leaving room for profit-taking or sentiment shifts after initial responses.
Key Terms
mineral exploration technical
environmental stewardship technical
AI-generated analysis. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2025) - Li-FT Power Ltd. (TSXV: LIFT) (OTCQX: LIFFF) (FSE: WS0) ("LIFT" or the "Company") is pleased to announce that LIFT, the Yellowknives Dene First Nation ("YKDFN"), and Det'on Cho Environmental ("DCE") have been jointly awarded the Trailblazer Award by the Northwest Territories and Nunavut Chamber of Mines (the "Chamber") in recognition of their leadership, innovation, and commitment to creating real and lasting career-oriented opportunities for Indigenous community members in the mineral exploration and development industry in association with LIFT's Yellowknife Lithium Project.
The Chambers' Hearts of Gold awards shine a spotlight on success stories in the Northwest Territories mining sector, recognizing that the industry's success reflects the people and organizations with vision, leadership and commitment along with the territory's mineral potential. The Trailblazer award recognizes an individual, organization or organizational initiative that has blazed a path forward, turning opportunity into action.
The LIFT-YKDFN-DCE collaboration showcases an innovative model for how industry, Indigenous governments, and Indigenous-owned businesses can work together to create real socioeconomic benefits while honouring local expertise, environmental stewardship, and community priorities. Through the collaboration, LIFT has invested in hiring, training, and capacity building for northern Indigenous community members across its Yellowknife Lithium Project. These efforts have been bolstered by DCE's leadership as an Indigenous-owned corporation with a strong record of creating opportunities for Indigenous people and local businesses. YKDFN's training arm, Dechįta Nàowo, continuously works to provide relevant training opportunities for members to enable easier entry into meaningful roles, including those needed by both DCE and LIFT.
YKDFN Chief Ernest Betsina comments: "This collaboration is creating real opportunities for our people. By working together, we're opening the door to good jobs, new skills, and future business growth for Yellowknives Dene members. These investments today will help our workers and businesses lead the economic development happening on our lands tomorrow."
Mark Lewis, CEO of Det'on Cho Group of Companies, remarks: "Our success comes from investing in our people and creating opportunities that last. Through this collaboration with YKDFN and LIFT, we're building a strong northern workforce and supporting Indigenous-owned businesses that can thrive for years to come. Together, we're proving that northern-led solutions deliver meaningful results for our people and for the North."
April Hayward, CSO of LIFT, comments: "The Trailblazer Award reflects the strength of a partnership built on commitment, respect, and shared purpose, demonstrating what is possible when industry and Indigenous leadership work side by side to advance opportunities on Indigenous lands."
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276866
FAQ
What did Li-FT Power (LIFFF) win on December 4, 2025?
How does the LIFFF Yellowknife Lithium Project benefit Indigenous communities?
Which partners were named with Li-FT Power for the Trailblazer Award (LIFFF)?
What role does YKDFN's Decḩı̨ta Nàowo play in the LIFFF project?
Why did the Chamber of Mines give the Trailblazer Award to the LIFFF partnership?
