LIFT defines 13 km by 6 km spodumene-in-till anomaly at the Pontax Lithium Project, Quebec, and updates on other Quebec exploration activities - Seite 2

The Pontax Project is located within an area that was inundated by the Tyrell Sea at the end of the last glaciation period. The surficial sediment cover in the project area consists of till overlain locally by Tyrrell Sea mud and reworked locally by littoral processes during subsequent regression of the sea (Hardy, 1976; Lamarche et al., 2018). Thick post-glacial organic wetland deposits cap the succession locally. The till has a silty sand matrix, contains abundant locally sourced igneous and metamorphic clasts, and is ornamented by various types of streamlined landforms that trend southwest-northeast, including drumlins, crag-and-tails, and tongue-shaped landforms. Till samples were collected from topographic highs where till outcrops can be found penetrating through the blanket of glaciomarine mud found in the lowlands.

The Rupert-Pontax spodumene grain count sampling program was designed to test areas with anomalous till geochemistry for lithium (see press release dated November 9, 2022). Samples were spaced at roughly 800 meters by 200 meters on the Rupert sampling grid, and at Pontax sample spacing along the line was 200 meters with sampling being taken where possible on topographic highs due to glaciomarine clay filling topographic lows. 10 kilograms of till was collected from each sampling site and sent to Overburden Drilling Management for processing and spodumene grain counts.

Figure 4 - Schematic of glacial dispersal of spodumene grains from bedrock into glacial sediments at surface. A buried spodumene pegmatite has been eroded by southwesterly flowing ice during the last glaciation event which has mechanically transported boulders of spodumene pegmatite, as well as spodumene grains, from the bedrock source into the overlying glacial sediments (modified from McClenaghan 2017).

Additional surface work completed in 2023

In addition to spodumene grain counts, LIFT collected 1,654 rock samples which returned lithium values of up to 0.56% Li₂O (located within the Pontax Project). These values are not economic but are highly anomalous and indicate that a spodumene pegmatite system could be near by. Anomalous values of tantalum, cesium, beryllium, and tins are associated with increased lithium values, especially in the Pontax area. One spodumene-bearing boulder was found within the spodumene grain anomaly down-ice of Whabouchi that returned 1.77% Li₂O. This boulder is assumed to be transported from the Whabouchi deposit onto LIFT’s claim package and suggests that spodumene grains have also been transported from Whabouchi.