New Lithium Goal Zones Recognized at Solonópole

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

The stripping program is designed to reveal extra pegmatites for sampling and mapping and in addition determine 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 grow to be accessible over the following few weeks. As soon as all outcomes are obtained, Past Lithium will full an total technical evaluation 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 Section 2 exploration and have ten extra extremely potential tasks to start out exploring in 2024. We additionally made three vital discoveries, together with two spodumene discoveries which are actually shifting to the drilling stage,” stated Allan Body CEO of Past Lithium.

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

Victory Spodumene Venture

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

• Substantial width and measurement 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 Venture and the Mavis Lake Group Tasks (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 vital lithium deposits (Determine 3).
• A 6-kilometer-long structural managed exploration pattern between the Bounty Gold and the Final Resort Pegmatites for exploration.

Determine 1 Victory Venture Map

Ear Falls Spodumene Venture

The Ear Falls Venture (20,623 ha), beforehand known as the Wenasaga Venture, is situated proper exterior the city of Ear Falls, Ontario. Ear Falls has glorious infrastructure together with freeway and logging street entry, energy traces, companies, 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 broad 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 means of 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 Venture Map

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

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

Certified Particular person and Third-Social gathering Information

The scientific and technical data on this information launch has been reviewed and permitted 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 Tasks.

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 challenge generator enterprise mannequin to maximise funds accessible for exploration tasks, whereas minimizing shareholder dilution. Past Lithium is advancing sure of its tasks with its exploration staff and can search to choice different properties to three way partnership companions. Partnering on varied tasks will present a supply of non-dilutive working capital, partner-funded exploration, and long-term residual publicity to exploration success.

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

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

For extra data, please confer with the Firm’s web site at www.beyondLithium.ca

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

This information launch contains sure “forward-looking data” throughout the which means of relevant Canadian securities laws. All statements, apart from statements of historic truth, included herein together with, with out limitation, statements concerning future capital expenditures, anticipated content material, graduation, and value of exploration applications 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 data. Though the Firm believes that such statements are cheap, it may give no assurance that such expectations will show to be appropriate. Typically, however not all the time, forward-looking data might be recognized by phrases akin to “professional forma”, “plans”, “expects”, “will”, “could”, “ought to”, “finances”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such phrases together with adverse variations thereof, and phrases that confer with sure actions, occasions or outcomes which will, might, would, would possibly or will happen or be taken or achieved. In stating the forward-looking data on this information launch, the Firm has utilized a number of materials assumptions, together with with out limitation, that market fundamentals will end in sustained valuable and base metals demand and costs, the receipt of any obligatory permits, licenses and regulatory approvals in reference to the longer term exploration of the Firm’s properties, the supply of financing on appropriate phrases, and the Firm’s skill to adjust to environmental, well being and security legal guidelines.