LIFT Power Ltd. reported assays from 8 drill holes completed at the BIG West, Nite & Ki pegmatites within the Yellowknife Lithium Project ("YLP") located outside the city of Yellowknife, Northwest Territories. Drilling intersected significant intervals of spodumene mineralization, with the following highlights: YLP-0165: 23 m at 1.25% Li2O, (Ki); YLP-0150: 13 m at 1.27% Li2O, (BIG West); YLP-0166: 9.5 m at 1.36% Li2O, (BAG West); YLP-157: 9 m at 1.10% Li2O, (Nite) and: 1 m at 1.13% Li2O and: 2 m at 0.85% Li2O; YLP-0158: 9 m at 1.02% Li2O, (BIG West) and: 7 m at 1.09% Li2O. This week's drill results are for eight holes drilled on three separate pegmatite complexes, including BIG West, Nite and Ki.

Hole YLP-0165 is one of the better holes to date in terms of grade x thickness. The Ki pegmatite will be one of the focuses for the winter drill program and the company plan to systematically step out from current drilling along untested spodumene-bearing outcrops to the northwest of drilling completed to date. Location of LIFT's Yellowknife Lithium Project.

Assay composites, from upper- to lower-most, include 1.13% Li 2O over 1 m, 1.10% Li2 O over 9 m and 0.85% Li2 O over 2 m. The BIG West pegmatite complex comprises a northeast-trending corridor of parallel-trending dykes that is exposed for at least 1.5 km along strike and is steeply west dipping to subvertical. The complex is bound by two relatively continuous dykes that are 50-100 m apart in the northern half of the corridor and 150 m apart in the south. To facilitate description, these dykes are here referred to as the east bounding (EB) and west bounding (WB) dykes.

The holes described below are ordered from southern- to northern-most. YLP-0163 was drilled ~200 m from the southern mapped extent of the WB dyke and designed to test a pierce point approximately 50 m vertically below the surface. Drilling intersected a single 9 m wide pegmatite dyke that returned 0.99% Li2O over 9 m. YLP-0158 was collared 50 m north of YLP-0163 to test the WB dyke ~250 m from its southern mapped extent and 50 m beneath the surface.

Drilling intersected 16 m of pegmatite that is more-or-less split in half by a 5 m thick panel of country rock. The upper interval returned an assay composite of 1.09% Li2O over 7 m whereas the lower one ran 1.02% Li2O over 9 m. YLP-0166 was drilled on the same section as YLP-0158 but aimed to intersect the WB dyke at a shallower depth. Drilling intersected a single pegmatite dyke, extending from the base of overburden to 13 m depth, that returned an assay composite of 1.36% Li2O over 9.5 m. YLP-0150 was collared 50 m north of YLP-0158/0166 to test the WB dyke approximately 300 m from its southern mapped extent and 50 m vertically below the surface.

Drilling intersected a single 14 m pegmatite dyke that returned an assay composite of 1.27% Li2O over 13 m. YLP-0160 was collared 150 m north of YLP-0150 to test the WB dyke approximately 450 m from its southern mapped extent and, again, 50 m vertically beneath the surface. Drilling intersected five pegmatite dykes over a 70 m interval of drill core that each range between 1-6 m in width and sum to 16 m. No significant assays were returned.