Li-FT drilling results released on October 26, 2026, included a 56-metre interval grading 1.43% lithium oxide at the Adina-Galinée Lithium Project in Québec. The announcement covers the first five holes from a 45-hole reporting package, as the company works toward a mineral resource estimate and preliminary economic assessment targeted for early 2027.
Key Takeaways
- Hole ALP0002 returned 56 metres at 1.43% lithium oxide in the Galinée Zone.
- The reporting package comprises 39 summer 2026 holes and six previously unreleased historical holes.
- The planned resource estimate and economic assessment will combine the Main, Footwall and Galinée zones.
Table of Contents
- Li-FT drilling results add detail to Galinée Zone
- Summer drilling sits within a broader exploration program
- Resource work and technical studies are the next milestones
- Conclusion
Li-FT drilling results add detail to Galinée Zone
The first five holes returned lithium-bearing intersections across the project's three mineralized zones. Alongside the highlighted interval in ALP0002, hole ALP0003 intersected 28 metres at 1.64% lithium oxide in the Galinée Zone.
Li-FT focused its summer 2026 drilling primarily on Galinée, which it described as the least well-defined of the three structures. The objective was to bring geological understanding of that zone closer to the level established for the Main and Footwall zones.
President and Chief Executive Francis MacDonald said the results supported management's interpretation of a large, continuous spodumene-bearing pegmatite system. He said the new data would feed into future resource modelling and technical studies. That interpretation remains distinct from a completed resource estimate or economic assessment.
| Item | Details |
|---|---|
| ALP0001 — Galinée | 201–210 metres: 9 metres at 1.72% lithium oxide. |
| ALP0001 — Footwall | 357–377 metres: 20 metres at 0.70% lithium oxide. |
| ALP0004 — Main | 52–56 metres: 4 metres at 1.25% lithium oxide. |
| ALP0005C — Main | 304–308 metres: 4 metres at 2.61% lithium oxide. |
| ALP0005C — Footwall | 342–356 metres: 14 metres at 1.68% lithium oxide. |
Summer drilling sits within a broader exploration program
The 45-hole reporting package totals 13,403.5 metres of drill core. It consists of 39 holes covering 11,420.5 metres completed during summer 2026, plus six previously unreleased holes from 2024 covering 1,983 metres. The October announcement presents results for five of the 2026 holes.
Li-FT's July 2026 drilling announcement outlined a broader exploration plan for Adina-Galinée involving 163 diamond drill holes totalling 38,970 metres. That earlier plan included infill and expansion drilling, testing mineralization as deep as 400 metres below surface; those planned totals should not be confused with the completed summer drilling disclosed in October.
The project lies in the Eeyou Istchee James Bay region of Québec. Its Main, Footwall and Galinée zones form an approximately 350-metre-wide corridor extending about 2.5 kilometres beneath glacial till cover.
Resource work and technical studies are the next milestones
Li-FT intends to combine the three mineralized zones in a mineral resource estimate and preliminary economic assessment targeted for early 2027. The drilling is intended to improve the geological information available for that work, rather than establish project economics on its own.
MacDonald said ore-sorting test work, geotechnical investigations and property-scale exploration were also underway. These activities are intended to deepen the company's understanding of the deposit and its development options.
Drill-core samples were processed at the Renard Mine facility before being sent to independent laboratory MSALABS for preparation and analysis. Li-FT said its sampling controls included blanks, certified reference materials and sealed shipments to maintain chain of custody.
Conclusion
The next milestones are further assay disclosures from the 45-hole package and the resource estimate and preliminary economic assessment targeted for early 2027. The five holes released so far provide additional geological data, while the project's economic assessment remains ahead.
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