LIFT Files NI 43-101 Technical Report on the Adina-Galinée Lithium Project, Quebec, Canada
Original announcement by tmx on
- Company
- Li-FT Power Ltd.
- Ticker
- LIFT
- Exchange
- TSX
- Region
- Quebec, Canada
- Primary commodity
- Lithium
- Secondary commodities
- None reported
- Document categories
- Resource update, Other
- Extracted
- 2026-09-12 10:40:25 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Li-FT Power Ltd. has filed an NI 43-101 Technical Report for the Adina-Galinée Lithium Project in Quebec. The report serves to conform the existing Mineral Resource Estimate from JORC to Canadian NI 43-101 standards, with the company confirming that the verification process resulted in no changes to previous resource figures.
Reasoning: The announcement is a formal filing of a technical report to convert a JORC resource to NI 43-101 standards; it explicitly states no new material or changes to resource figures were made.
Positive factors
- NI 43-101 compliance achieved
- Verification resulted in no changes to existing resource figures
Negative factors
- No new material or resource growth reported
Facts used in scoring: 1
Classification and evidence
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document announces the filing of a technical report to conform an existing resource estimate to NI 43-101 standards.
Evidence · text
“The primary purpose of the Technical Report was to conform the Adina-Galinée Project's existing Mineral Resource Estimate... to Canadian NI 43-101 standards.”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The technical report was prepared in accordance with NI 43-101 standards.
Evidence · text
“prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101")”
Extracted facts
Stored fact records: 1. Some facts used in scoring do not have a stored record.
Resource Estimates (1)
inferredAdina-Galinée Lithium Project · lithiumHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Adina-Galinée Lithium Project
- Commodity
- lithium
- Region
- canada_qc
- Reported Region
- Quebec, Canada
- Ticker
- LIFT
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Marc-Antoine Laporte, Maxime Dupéré
- Resource group id
- resource:48a2712a7e5059e52925
Resource Data
- Category
- inferred
Prior Estimate
- Resource Date
- 2026-05-07
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-04-13T00:00:00.000Z
Dates
- Event date
- 2026-05-28T00:00:00.000Z
Reasoning: This is a restatement of a previously disclosed resource to meet a different reporting standard (NI 43-101 vs JORC) with no changes to the underlying data.
Positive factors
- Conforms existing resource to NI 43-101
Negative factors
- No new material or grade changes
Evidence · text
“The primary purpose of the Technical Report was to conform the Adina-Galinée Project's existing Mineral Resource Estimate — previously prepared under the Australasian JORC Code — to Canadian NI 43-101 standards.”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.