Lithium exploration results reported by Li-FT Power and TG Metals

Li-FT Power has released initial analysis from its summer drilling program at the Adina-Galinée lithium project in Quebec. The results from the first five of 45 drill holes show high lithium oxide grades, including a significant intercept in hole ALP0002 with 56 meters at 1.43% lithium oxide. Despite these technical results, the company's stock fell approximately 9% as investors await further economic and financing data amid a subdued market for lithium developers.

In Australia, TG Metals reported high-grade lithium hits from diamond drilling at the Burmeister deposit within its Lake Johnston project. Results from five holes totaling 759.9 meters included intercepts of up to 12.35 meters at 1.53% Li2O and 1.95 meters at 2.37% Li2O. All six composite samples exceeded the nominal 1.2% Li2O direct shipping ore (DSO) specification. The company has dispatched samples to potential offtake and financing partners to assess product quality and downstream processing requirements.