Li-FT Power Ltd. (TSXV: LIFT; ASX: LFT; OTCQX: LIFFF) reported initial assay results from its 2026 summer drilling program at the Adina-Galinée lithium project in Quebec.
Hole ALP0002 intersected 56 meters grading 1.43% lithium oxide from 187 meters downhole within the Galinée Zone.
The result represents the widest lithium intersection among the first five holes reported from the program.
Additional Holes Intersect Spodumene Zones
Hole ALP0003 returned 28 meters grading 1.64% Li₂O from 257 meters downhole, also within the Galinée Zone.
Hole ALP0001 intersected nine meters at 1.72% Li₂O from 201 meters, followed by a separate Footwall Zone interval of 20 meters grading 0.70% Li₂O from 357 meters.
Hole ALP0005C returned several narrower intervals, including four meters grading 2.61% Li₂O in the Main Zone and 14 meters grading 1.68% Li₂O in the Footwall Zone.
ALP0004 encountered multiple lithium-bearing sections ranging from four to 14 meters in drilled length, with grades ranging from 0.53% to 1.29% Li₂O.
True Widths Were Not Reported
The company reported the intersections as drill lengths and did not provide estimated true widths.
Li-FT describes Adina-Galinée as an east-west-trending spodumene pegmatite system dipping approximately 35 degrees to the south. The Main, Footwall and Galinée zones collectively occupy a corridor approximately 350 meters wide and 2.5 kilometers long beneath glacial cover.
The Galinée Zone is currently the least defined of the three structures. The 2026 program was designed partly to improve its geological definition and bring it to a level of understanding closer to the Main and Footwall zones.
Further drilling and modeling will be required to establish the true thickness, continuity and resource contribution of the newly reported intersections.
Forty Additional Holes Remain Unreported
The broader assay package covers 45 holes totaling approximately 13,404 meters. It includes 39 holes drilled during the 2026 summer program and six previously unreleased historical holes completed in 2024.
Results from only the first five holes were included in the latest announcement. Assays from the other 40 holes could materially affect the company’s interpretation of the system, positively or negatively.
Li-FT completed its acquisition of Winsome Resources in May 2026, adding the Adina project to its portfolio. Together with agreements covering the neighboring Galinée property, the transaction consolidated the previously divided pegmatite complex.
Resource and Economic Studies Targeted
A May 2026 technical report converted the existing Adina Mineral Resource estimate to Canadian NI 43-101 disclosure standards. That estimate predates the current drilling and does not incorporate the newly reported results.
Li-FT plans to use the 2026 drilling to prepare a combined Mineral Resource estimate covering the Main, Footwall and Galinée zones. The company is also targeting a preliminary economic assessment during early 2027.
Those timelines remain subject to assay receipt, geological interpretation, technical work and other development considerations. The new results do not automatically increase the existing Mineral Resource, establish a Mineral Reserve or demonstrate that Adina-Galinée can be developed economically.
Sources
- Li-FT Announces Initial Adina-Galinée Summer Drill Results
- Li-FT Files Adina-Galinée NI 43-101 Technical Report
- Li-FT Completes Combination With Winsome Resources
- Li-FT Begins 2026 Adina-Galinée Drilling
Editorial Disclosure
This article was prepared from publicly available company disclosures. Mining Markets Report received no compensation from Li-FT Power Ltd. for its preparation or publication and has no disclosed business relationship with the company.
The author and publisher do not hold securities in Li-FT Power Ltd. The reported assays and geological interpretations were supplied by the company and have not been independently verified by Mining Markets Report.
Reported intervals are drill lengths, and estimated true widths were not provided. Results have been disclosed for only five of the 45 holes covered by the assay program. The planned Mineral Resource estimate and preliminary economic assessment are forward-looking and may be delayed, changed or not completed.
This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell securities. Exploration and development-stage mining investments can be highly speculative. Readers should conduct their own due diligence and consult a qualified financial professional. Read the full Mining Markets Report disclaimer.
