Li-FT Power Preparing for its First Resource Estimate for the Yellowknife Project
Li-FT Power has completed a winter drilling program in the Northwest Territories, with the final batch of drill results released. The company is now working on a resource estimate and metallurgy tests, with results expected in September. The resource estimate will cover eight pegmatites, which will contribute to a centralized concentrator. The Big East pegmatite is likely to be the starting point for mining. A Trump presidency could potentially benefit the lithium market by reducing reliance on Chinese supply.
