Li-FT Power Ltd. reported assays from 8 drill holes completed at the BIG East, Echo, Fi Main, Ki, & Shorty pegmatites within the Yellowknife Lithium Project ("YLP") located outside the city of Yellowknife, Northwest Territories. Drilling has intersected significant intervals of spodumene mineralization, with the following highlights: YLP-0115: 28 m at 0.99% Li2O, (BIG East) including: 8 m at 1.43% Li2O, YLP-0120: 23 m at 0.61% Li2O, (Echo) including: 6 m at 1.06% Li2O; YLP-0111: 11 m at 0.52% Li2O, (Shorty) including: 2 m at 1.24% Li2O; Y LP-0124: 6 m at 1.07% Li2O, (BIG East). This week's drill results are for eight holes drilled on five different pegmatite complexes, with two holes each from BIG East (YLP-0115, -0123), Shorty (YLP-0070, -0111), and Fi Main (YLP-0071, -0137) as well as one hole each from Echo (YLP-00120) and Ki (YLP-0118).

The Company has concluded its 2023 drill program at the Yellowknife Lithium Project with 34,238 m completed. Currently, LIFT has reported results from 124 out of 198 diamond drill holes (21,853 m). Drill hole Easting Northing Elevation (m) Azimuth (deg) Dip (deg) Depth (deg) Depth (m) Dyke (YLP-0070), YLP-0111).

All drill core samples were collected under the supervision of LIFT employees and contractors. Drill core was transported from the drill platform to the core processing facility where it was logged, photographed, and split by diamond saw prior to being sampled. Samples were then bagged, and blanks and certified reference materials were inserted at regular intervals.

Groups of samples were placed in large bags, sealed with numbered tags in order to maintain a chain-of-custody, and transported from LIFT employees and contractors. Drilling core was transported from the drill platforms to the core processing facility where It was logged, photographed, and Split by diamond saw prior to being sampling. samples were then bagged, and Blanks and certified reference materials were installed at regular intervals.

groups of samples were placed in large bagged, and certified reference materials were placed in large bags, sealing with numbered tags in order to maintaining a chain-of-cUSTody, and transported from Lift employees and contractors.