Li-FT Power Initiates Extensive 2026 Drilling and Exploration Program at Adina-Galinée Lithium Project in Québec

Li-FT Power’s Canadian Lithium Assets and Strategic Vision

Li-FT Power Ltd is a Canadian hard rock lithium exploration and development company dedicated to expanding its lithium asset portfolio across Canada. Its primary development projects are the Yellowknife Lithium Project in the Northwest Territories and the Adina-Galinée Lithium Project located in Québec’s Eeyou Istchee James Bay region. Additionally, the company holds early-stage exploration properties in both regions, positioning itself within the growing North American lithium sector amid rising battery metal demand.

The Adina-Galinée Lithium Project is a cornerstone asset targeting spodumene pegmatite deposits—a key lithium silicate mineral used in battery production. Situated in Québec, a jurisdiction known for robust mining infrastructure and regulatory stability, the project benefits from logistical advantages for exploration and prospective development. By consolidating the district under single ownership through strategic acquisitions and agreements, Li-FT Power is able to conduct integrated exploration across a contiguous land package.

Strategic Consolidation of the Adina-Galinée District via Winsome and Key Agreements

Li-FT Power assembled the Adina-Galinée Lithium Project through acquiring Winsome Resources Limited and finalizing agreements with Azimut Exploration Inc. and SOQUEM Inc. in 2026. This consolidation unified the pegmatite complex under one owner, a vital step enabling coordinated exploration across the entire district. Previously fragmented ownership had limited exploration and resource definition efforts. Francis MacDonald, Li-FT Power’s President and CEO, stated this consolidation allows the company to "approach Adina-Galinée the way it should be explored, as one contiguous system."

This unified landholding reduces technical risks tied to multiple ownerships and facilitates comprehensive geological interpretations of the pegmatite system. It also streamlines progress toward resource definition and future development by eliminating negotiation complexities with multiple stakeholders. The rapid consolidation in 2026 supports the swift move to active exploration outlined in the company’s update.

2026 Drilling Campaign: Scope, Design, and Resource Expansion Goals

The 2026 exploration program at Adina-Galinée features 163 diamond drill holes totaling 38,970 metres. The drilling is designed to enhance the existing mineral resource estimate through both infill and expansion drilling. Drill sections are spaced 50 metres apart in plan view, with pierce points approximately 75 metres apart on section, targeting mineralization to depths of up to 400 metres below surface.

This approach aims to both increase geological confidence in known zones and explore extensions beyond current resource boundaries. Infill drilling supports resource category upgrades under standards like the JORC Code, while expansion drilling seeks new mineralized zones. Li-FT Power’s dual focus is to de-risk the current resource while unlocking potential growth. Investors will likely monitor drilling results as key indicators of progress toward a commercially viable lithium resource.

Extensive Surface Exploration: Till Sampling and Geological Mapping Across Multiple Québec Properties

In addition to drilling at Adina-Galinée, Li-FT Power is conducting surface exploration on four other Québec properties: Cancet, Tilly, Sirmac-Clapier, and Nottaway. At Adina-Galinée, the surface program includes about 680 till samples and geological mapping across 5,400 hectares, aimed at identifying additional spodumene pegmatite occurrences and generating brownfield targets. Till sampling, which analyzes glacially deposited sediments, is an effective reconnaissance method in areas with limited bedrock exposure.

Across all four properties, the company plans 1,672 till samples and 425 rock samples over 16,355 hectares. This comprehensive surface exploration reflects a systematic strategy to generate and prioritize targets throughout Li-FT Power’s Québec portfolio. The properties vary from advanced to early-stage exploration, allowing for a diversified pipeline of opportunities. Conducting these programs concurrently with Adina-Galinée drilling maintains exploration momentum and mitigates risk by leveraging multiple prospects.

Mineral Resource Estimate and Technical Oversight Supporting 2026 Exploration

The 2026 program builds on the current mineral resource estimate for Adina-Galinée, initially reported in the company’s Prospectus filed with ASIC on 13 April 2026 and released to ASX on 22 May 2026. The exploration framework has been reviewed and approved by Ron Voordouw, Ph.D., P.Geo., Partner and Director Geoscience at Equity Exploration Consultants Ltd., a Qualified Person under National Instrument 43-101. Exploration results have also been reviewed by Ben Eggers, MAIG, P.Geo., Senior Geologist at SGS Canada Inc., a Competent Person under the JORC Code.

Li-FT Power confirms no new information materially impacts the mineral resource estimates disclosed previously, and all key assumptions remain valid. This assurance underpins the technical foundation of the 2026 exploration program. Investors can consult the Prospectus for detailed technical data on the resource and geological setting. The involvement of qualified professionals ensures credibility and regulatory compliance in the company’s exploration disclosures.

Québec Lithium District: Geological Context and Competitive Advantages

The Adina-Galinée and associated properties are situated in Québec’s spodumene pegmatite districts, an area attracting increased exploration interest due to fertile pegmatite hosts and favorable geology for lithium mineralization. Québec offers strong mining infrastructure, stable regulations, and proximity to North American battery manufacturing hubs. The Eeyou Istchee James Bay region forms part of Canada’s lithium exploration frontier, gaining strategic importance amid surging battery metal demand worldwide.

Li-FT Power’s focus on Québec aligns with broader North American trends favoring hard rock spodumene deposits as alternatives to brine lithium sources. Its exploration across Cancet, Tilly, Sirmac-Clapier, and Nottaway properties diversifies discovery potential within a single jurisdiction. This geographic concentration enables operational efficiencies, infrastructure sharing, and strengthened community and regulatory relationships. For investors, the Québec program represents a key component of expanding domestic lithium supply chains in Canada.

Exploration Funding and 2026 Budget Execution

While total capital allocated to the 2026 exploration program is not disclosed, the scale of activities—including 163 drill holes, nearly 39,000 metres of drilling, and over 1,600 till samples across 16,000 hectares—indicates significant investment. Resource allocation across multiple properties reflects a strategy to aggressively advance Adina-Galinée while sustaining exploration across the broader Québec portfolio. Investors may seek further details on budgets through company communications and financial reports.

Li-FT Power’s listings on the TSX Venture Exchange (TSXV:LIFT), ASX (ASX:LFT), OTCQX (OTCQX:LIFFF), and Frankfurt Exchange (Frankfurt: WS0) provide multi-jurisdictional capital access. Recent prospectus filings and ASX releases in 2026 suggest capital raising efforts to support exploration. Investors should monitor announcements on exploration expenditures and budget updates as the campaign progresses.

Exploration Timeline and Upcoming Milestones at Adina-Galinée

Exploration activities at Adina-Galinée began in July 2026, initiating a multi-quarter drilling and surface program. While drilling is underway, no specific completion timeline for the 163 planned holes or schedule for results release has been provided. Given the program’s size, drilling is expected to continue through 2026 and potentially into 2027, subject to operational and seasonal factors in Québec.

Key upcoming milestones include initial drilling results, updates to the mineral resource estimate as infill data accumulates, and progress reports on target generation from surface programs at Cancet, Tilly, Sirmac-Clapier, and Nottaway. Investors will watch for drilling metrics, mineralization grades and widths, and evidence of extensions beyond current resource boundaries. CEO Francis MacDonald highlights objectives to both grow and de-risk the resource while developing "the next generation of targets in Québec," signaling management’s commitment to incremental resource growth and new discoveries.

Professional Oversight and Technical Governance of Exploration Work

Li-FT Power ensures exploration activities adhere to rigorous technical standards. Ron Voordouw, Ph.D., P.Geo., a Qualified Person under NI 43-101 and Partner at Equity Exploration Consultants Ltd., has reviewed and approved the scientific and technical information disclosed. Voordouw holds professional registration with the Northwest Territories and Nunavut Association of Professional Engineers and Geoscientists (NAPEG), ensuring compliance with Canadian disclosure regulations.

Additionally, Ben Eggers, MAIG, P.Geo., Senior Geologist at SGS Canada Inc. and a Competent Person under the JORC Code, has reviewed exploration results, satisfying Australian disclosure requirements. The involvement of experts from multiple jurisdictions exemplifies best practices in exploration governance, providing investors with confidence that technical data is independently validated prior to public release.