Li-FT Power Ltd. (TSXV: LIFT) has announced its first-ever National Instrument 43-101 (NI 43-101) compliant mineral resource estimate (MRE) for the Yellowknife Lithium Project (YLP), located in the Northwest Territories, Canada. This maiden estimate is a major milestone for the company and marks a significant step forward in the project’s development.
The resource estimate positions the Yellowknife Lithium Project as a globally important spodumene resource, making it one of the top 10 largest spodumene projects in the Americas.

A Lithium Giant Emerges: Key Highlights of the Maiden MRE
The Yellowknife Lithium Project’s initial MRE reveals a total of 50.4 million tonnes grading 1.00% lithium oxide (Li₂O). That is equal to around 506,000 tonnes of Li₂O or 1.25 million tonnes of lithium carbonate equivalent (LCE). This significant volume of lithium-rich spodumene places the Yellowknife Project among the largest hard-rock lithium deposits in Canada, currently ranked as the 3rd-largest hard-rock maiden resource in the country.

The estimate includes 8 of the 13 spodumene-bearing pegmatite dykes located on the property. However, the majority of these deposits remain open at depth, with 6 of the 8 dykes in the estimate showing unconstrained mineralization. This opens the door for substantial resource expansion through future drill programs.

In addition, 5 undrilled spodumene dykes on the property are not yet included in the MRE, presenting further upside potential for growth as exploration continues.
The maiden resource estimate is based on data gathered from 49,548 meters of diamond drilling, completed across 286 holes between June 2023 and April 2024. While the estimate represents a substantial resource, it is only the beginning, with Li-FT aiming to build on these early findings as additional exploration and drilling are conducted over the coming years.

Strategic Positioning and Infrastructure Benefits
One of the Yellowknife Lithium Project’s significant advantages is its excellent access to infrastructure. The Ingraham Trail, a government-maintained paved highway, runs through part of the project’s mineral resource area, providing convenient transportation links.

Moreover, the project is close to rail facilities at Hay River, which is connected to major ports in Prince Rupert and Vancouver. This logistical infrastructure is critical for future shipping, especially to key markets in Asia, where lithium demand continues to grow as the global transition to electric vehicles accelerates.
The project is also close to existing powerlines near Yellowknife, which will help reduce development and operational costs. This infrastructure positioning enhances the project’s economic viability and makes it well-suited for future large-scale mining and processing operations.
Metallurgical Testing and Processing Potential
The metallurgical work conducted to date confirms the suitability of the Yellowknife Lithium Project’s spodumene-bearing pegmatites for dense medium separation (DMS) processing. DMS is a cost-effective method for separating lithium from spodumene, and initial testing has shown that this technique can be applied successfully to the YLP deposits.
X-ray diffraction analysis and pilot-scale testing completed as part of the Yellowknife Lithium Project’s metallurgical program have confirmed the presence of simple lithium mineralogy in the pegmatites. The confirmation that low-cost DMS processing is suitable for the spodumene dykes included in the maiden resource estimate adds further confidence in the project’s potential to be a low-cost lithium producer.
Yellowknife’s Road to Lithium Dominance
With the maiden resource estimate now in place, Li-FT Power is moving forward with plans to conduct a Preliminary Economic Assessment (PEA) for the Yellowknife Lithium Project. The PEA will evaluate the project’s economic feasibility, including factors such as capital and operating costs, potential production rates, and overall project profitability.
Li-FT expects to complete the PEA in the second quarter of 2025, marking another critical step toward bringing the lithium project into production. The company’s management views this initial resource estimate as a foundation for growth. CEO Francis MacDonald expressed optimism about the project’s future, saying that:
“The announcement of Li-FT’s first NI 43-101 mineral resource estimate for the Yellowknife Lithium Project marks a significant milestone for both the company and the Northwest Territories.”
What Lies Ahead For Lithium
The opportunities presented by the Yellowknife Lithium Project are immense. As the world shifts towards electrification and renewable energy, lithium demand is expected to soar, driven by the growth of electric vehicles (EVs) and energy storage systems. Projects like Yellowknife, with its large, high-grade lithium resources, will play a crucial role in meeting this demand, stabilizing lithium prices and supporting the global transition to cleaner energy.
The Northwest Territories, with its rich mineral endowment and supportive mining infrastructure, is well-positioned to become a key player in the global lithium supply chain. The Yellowknife Lithium Project has the potential to be a cornerstone asset in the region’s mining future.
With 50.4 million tonnes of inferred resources and substantial room for expansion, the project could become a key contributor to North America’s lithium supply. As Li-FT Power advances and continues exploration, this development represents a major opportunity in the rapidly growing lithium market.
Disclosure: Owners, members, directors and employees of carboncredits.com have/may have stock or option position in any of the companies mentioned: LIFT
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The post Li-FT Power Reveals Initial Mineral Resource of 50.4 Million Tonnes at Yellowknife Lithium Project appeared first on Carbon Credits.
Carbon Footprint
The Strategic Case for Nature-Based Carbon Investments
Nature-based carbon investments deserve consideration when they address a specific business dependency and produce outcomes you can measure. Imagine Moonbucks, a global coffee roaster planning next season’s espresso blend. It is considering natural Grade 4 coffee from Jimma, in southwestern Oromia, Ethiopia. Its sourcing decisions affect the roasting schedule and the cash tied up in coffee purchases. Moonbucks needs to understand which measures could protect that supply, what they would cost and how it would judge the results.
1. Define the sourcing problem before choosing a project
Moonbucks needs a dependable component for its espresso blend. Its procurement team wants continuity of volume and an agreed cup profile. Replacing a shipment at short notice could require new sample approval and changes to the blend, and given the schedules for cultivation, processing, and freight delivery, is practically impossible. Moonbucks needs to get this right, and its initial concern is inconsistent deliveries. It commissions an assessment of the supplying farms and post-harvest chain. The questions cover land condition, harvest availability and whether drying or storage problems are affecting saleable lots.
This distinction changes the investment brief. A tree-planting proposal cannot be assumed to fix drying problems. Better storage cannot restore eroded land. The team must establish which problem exists before selecting the response.
CCC’s guide to finding nature-based solutions in your supply chain explains where to look. Here, the next task is to turn a broad concern into a testable proposal.
2. Develop nature-based carbon investments around the actual supply chain
The assessment would trace Moonbucks’ purchases back through the exporter and supplying producer groups. Which farms supply the contracted lots? Who controls land-management decisions? How long does the buyer expect to maintain the purchasing relationship?
Furthermore, Jimma natural Grade 4 cannot be treated as interchangeable with every Ethiopian coffee. Moonbucks would need to test any substitute against its own blend and quality requirements.
Suppose Moonbucks’ assessment identifies an opportunity to maintain shade trees and restore vegetation along exposed streambanks. The IPCC describes agroforestry as a way to store carbon in vegetation and soil, with potential benefits for erosion control and water quality.1 Moonbucks would need local advice on species, growing conditions and maintenance before deciding how these measures fit its sourcing plan.
The proposal now has a defined sourcing connection and a candidate intervention. The next steps are to test its effect on production, assess carbon eligibility and build the financial case.
3. Compare the proposal with other ways to protect supply
WBCSD’s Nature-based Solutions Blueprint recommends comparing nature-based options with other responses across their benefits and costs.2 For Moonbucks, that means evaluating the landscape proposal alongside drying improvements, storage controls and alternative sourcing arrangements.
The product’s natural-process designation matters. Moonbucks should examine the drying and dry-milling chain alongside land conditions. Its team would check storage practices, contamination risks and incoming-lot quality to see whether problems arise before or after the coffee leaves the farms.
The revised proposal might combine land stewardship with separate post-harvest controls. Each component needs its own purpose and budget. A sustainability label should not obscure which activity is expected to solve which problem.
The project develops as the evidence improves. Its scope should follow the diagnosis rather than preserve the first idea unchanged.
4. Establish what the carbon outcome could count toward
Moonbucks’ sustainability team now tests the proposed carbon case separately from the sourcing case. Is the objective a measurable change in Moonbucks’ value-chain emissions, verified credits for separate voluntary use, or distinct outcomes under carefully defined arrangements?
Scope 3 covers value-chain emissions. A purchasing relationship alone does not prove that a farm intervention can be included in Moonbucks’ inventory. The team needs an applicable accounting method, defensible boundaries and evidence supporting attribution.
SBTi’s FLAG Guidance (forest, land and agriculture), version 1.2, says purchased credits used as offsets cannot meet near-term FLAG or energy and industry targets. Eligible land-based removals are subject to accounting requirements.3 Moonbucks needs to test its proposal against those rules before including an outcome in its targets.
For Moonbucks’ Jimma proposal, maintaining existing trees and establishing new vegetation could involve different carbon questions. Specialists must examine the baseline and additionality, meaning what changes because the project proceeds. They must also assess measurement and the risk that stored carbon is lost. CCC’s MRV and additionality article introduces those tests.
Until that work is complete, Moonbucks should not budget an assumed Scope 3 reduction or credit-sale receipt. Direct emissions reductions remain the priority.
5. Build a financial case that survives weaker assumptions
Moonbucks’ finance team would now build a multi-year budget. UNEP’s State of Finance for Nature 2023 compares current finance with the investment needed to meet climate, biodiversity and land-restoration goals.4 The company would cost its proposed activities, farmer participation and ongoing monitoring. Verification, where required, is a separate expense. Maintenance and responsibility for replacing failed plantings must remain visible after the initial establishment budget ends.
Operational benefits need equally careful treatment. If fewer rejected lots reduce emergency purchasing, count that saving once. Do not add “supply resilience” as another financial benefit when it represents the same avoided cost.
Moonbucks should compare a base case with slower benefits, higher implementation costs and no carbon revenue. It should also distinguish production outcomes from quality and shipment outcomes. A single good harvest would not prove that the landscape intervention caused better delivery performance.
A project can remain worth funding even when its carbon case needs more work. That decision must rest on the operational evidence and the company’s objectives, without unsupported environmental claims.
6. Fund a pilot with a clear expansion decision
Moonbucks’ first approval would fund a bounded pilot, rather than commit the entire sourcing program. Before spending, Moonbucks would agree on participating farms, responsibilities and the evidence needed at review.
Its scorecard could track farmer participation, implementation costs and plant survival, alongside accepted coffee volumes and lot-quality results. Carbon measurements would follow the selected method. Farm-level traceability must connect the intervention to the actual sourcing relationship.
Suppose Moonbucks’ review later finds that storage changes explain most quality improvements, while the land measures need longer observation. Those findings would shape the next decision: expand the proven component, adjust the landscape work or pause further spending. They would not justify crediting all improvements to tree planting.
This gives nature-based carbon investments a practical place in a multi-year strategy. Funding increases as the evidence supports it, and the project can change direction before a larger commitment.
Discuss a sourcing opportunity with CCC
Carbon Credit Capital’s nature-based supply-chain investment service uses its Dual-Value Model to examine supply-chain economics alongside potential sustainability outcomes.
Schedule a consultation to discuss your sourcing exposure and the questions to resolve before allocating capital.
Sources
- Intergovernmental Panel on Climate Change (IPCC), Climate Change 2022: Mitigation of Climate Change, Chapter 7, Agriculture, Forestry and Other Land Uses, section 7.4.3.3 (Agroforestry).
- World Business Council for Sustainable Development (WBCSD), Nature-based Solutions Blueprint, 5 June 2024.
- Science Based Targets initiative (SBTi), Forest, Land and Agriculture Science-Based Target-Setting Guidance, version 1.2, March 2026, section 3.1.4, pp. 37–38.
- United Nations Environment Programme (UNEP), State of Finance for Nature 2023, 2023.
Carbon Footprint
How to buy plastic credits, and what to check before you do
A plastic credit funds the collection of plastic waste in places where no formal system exists to collect it. Each credit represents a measured, independently audited quantity of plastic taken out of the environment or returned to use, tracked on a public registry.
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Carbon Footprint
EU carbon credit claims after 27 September 2026
EU carbon credit claims changed on 27 September 2026, the day the Directive (EU) 2024/825 began to apply across the European Union. The change is narrow. It changes how a company can talk about the credits it buys. A product can no longer be called neutral on the strength of compensation alone; however, every specific, evidenced statement about what a company measured, reduced, and funded stays fully available.
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