Vital Metals Corp. F-4 is Efficient

• Outline and develop the recognized spodumene-bearing pegmatites zones, such because the Final Resort and the Bounty Gold Pegmatites on the Victory Mission and the Wenasaga North Zone on the Ear Falls Mission.
• Drill check the totally different potential areas alongside the exploration corridors to proceed to show the continuity, the scale, and the potential of each tasks.

The stripping program is designed to show extra pegmatites for sampling and mapping and in addition establish and prioritize drill targets.

As beforehand introduced, greater than 240 drill core samples from Ear Falls, 25 channel samples from Victory and over 120 seize samples from totally different tasks are nonetheless pending within the lab. Past Lithium anticipates the outcomes of those samples to develop into out there over the subsequent few weeks. As soon as all outcomes are obtained, Past Lithium will full an total technical assessment of all of the tasks and can finalize and announce a complete exploration plan for 2024.

“Within the final six months, we now have explored 50 of our 63 tasks (79.4%), superior 18 tasks to Part 2 exploration and have ten extra extremely potential tasks to begin exploring in 2024. We additionally made three important discoveries, together with two spodumene discoveries which at the moment are transferring to the drilling stage,” mentioned Allan Body CEO of Past Lithium.

He added: “Most of our tasks are near glorious infrastructure with nice entry positioned throughout Ontario which permits us to have longer discipline season for exploration to offer regular information circulate for our shareholders. We sit up for sharing the assay outcomes from the greater than 385 samples nonetheless within the lab as we obtain and analyze them.”

Victory Spodumene Mission

The Victory Mission is comprised of the Victory Essential (7,874 ha) and the Victory West (8,808 ha) Initiatives totaling 16,682 hectares in an space positioned within the Drugs Lake space close to the cities of Vermilion Bay, Dryden and the town of Kenora. The Victory Mission at present consists of two spodumene-bearing pegmatites, the Bounty Gold Pegmatite and the Final Resort Pegmatite. These two spodumene-bearing pegmatites are 40 to 50 m large and over 200-300 m uncovered alongside strike on floor (Determine 1). The Victory Mission has:

• Substantial width and dimension for the spodumene-bearing pegmatites.
• As much as 5.11% Li2O on the Final Resort Pegmatite and as much as 3.48% Li2O on the Bounty Gold Pegmatite from spodumene-bearing pegmatite seize samples.
• District scale synergy with the Ear Falls Spodumene Mission and the Mavis Lake Group Initiatives (Satellite tv for pc, Laval, Gullwing-tot, Webb East, Webb West, Temple Bay, Ogani Lake, and McKenzie Bay) as they’re inside 100 km of one another and three regionally important lithium deposits (Determine 3).
• A 6-kilometer-long structural managed exploration development between the Bounty Gold and the Final Resort Pegmatites for exploration.

Determine 1 Victory Mission Map

Ear Falls Spodumene Mission

The Ear Falls Mission (20,623 ha), beforehand known as the Wenasaga Mission, is positioned proper exterior the city of Ear Falls, Ontario. Ear Falls has glorious infrastructure together with freeway and logging street entry, energy traces, providers, and native labor (Determine 2). Within the 2023 exploration program at Ear Falls, Past Lithium:

• Found the Wenasaga North Zone, a spodumene-bearing pegmatites zone, with seize samples as much as 4.54% Li2O.
• Found the Sandy Creek West Zone alongside a 100m large ridge with seize samples from pegmatites outcrops assayed as much as 0.4% Li2O.
• Reported that seize samples from the Sandy Creek West Zone are as extremely fractionated because the spodumene samples collected from the Wenasaga North Zone.
• Confirmed a 13 kilometers lengthy exploration structural managed hall with lithium mineralization.
• Delineated steady higher-grade lithium zone enveloped by wider intervals by stripping and channel sampling.
• Accomplished an preliminary 7 holes drilling program that intercepted new subparallel pegmatite dyke at depth that was not uncovered on floor beforehand.

Determine 2 Ear Falls Mission Map

Determine 3 Regional map displaying location of Past Lithium tasks relative to different important close by deposits.

Alain Lambert, Co-Founder and Capital Markets Advisor commented: “Past Lithium has achieved a lot success in 2023. Beginning 2024 with important drilling packages at Victory and Ear Falls marks an necessary milestone for our firm. I’m additionally happy with the progress we proceed to make on the company entrance with our mission generator enterprise mannequin. We stay dedicated to the identical disciplined method in our deal-making actions which has paid off on the exploration entrance. We’ll do issues on our personal timetable and solely do offers that improve shareholder worth.”

Certified Particular person and Third-Occasion Information

The scientific and technical info on this information launch has been reviewed and authorised by Lawrence Tsang, P.Geo., VP Exploration of the Firm. Lawrence Tsang is a “certified individual” as outlined in Nationwide Instrument 43-101 – Requirements of Disclosure for Mineral Initiatives.

About Past Lithium Inc.

Past Lithium Inc. is the biggest greenfield lithium exploration participant in Ontario with 63 excessive potential greenfield lithium properties totalling over 195,000 hectares. The Firm has adopted the mission generator enterprise mannequin to maximise funds out there for exploration tasks, whereas minimizing shareholder dilution. Past Lithium is advancing sure of its tasks with its exploration crew and can search to possibility different properties to three way partnership companions. Partnering on numerous tasks will present a supply of non-dilutive working capital, partner-funded exploration, and long-term residual publicity to exploration success.

Past Lithium at present has 33,874,482 widespread shares excellent.

Please comply with @BeyondLithium on Twitter, Fb, LinkedIn, Instagram and YouTube.

For extra info, please seek advice from the Firm’s web site at www.beyondLithium.ca

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

This information launch consists of sure “forward-looking info” inside the which means of relevant Canadian securities laws. All statements, apart from statements of historic truth, included herein together with, with out limitation, statements relating to future capital expenditures, anticipated content material, graduation, and value of exploration packages in respect of the Firm’s tasks and mineral properties, anticipated exploration program outcomes from exploration actions, assets and/or reserves on the Firm’s tasks and mineral properties, and the anticipated enterprise plans and timing of future actions of the Firm, are forward-looking info. Though the Firm believes that such statements are affordable, it may give no assurance that such expectations will show to be right. Usually, however not at all times, forward-looking info may be recognized by phrases resembling “professional forma”, “plans”, “expects”, “will”, “could”, “ought to”, “finances”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such phrases together with unfavorable variations thereof, and phrases that seek advice from sure actions, occasions or outcomes that will, might, would, may or will happen or be taken or achieved. In stating the forward-looking info on this information launch, the Firm has utilized a number of materials assumptions, together with with out limitation, that market fundamentals will lead to sustained valuable and base metals demand and costs, the receipt of any crucial permits, licenses and regulatory approvals in reference to the longer term exploration of the Firm’s properties, the provision of financing on appropriate phrases, and the Firm’s potential to adjust to environmental, well being and security legal guidelines.