Frazer Lake (Lithium) Right to acquire 100%

Overview

• Option agreement to acquire 100%.
• Located in Thunder Bay region, NW Ontario, covering an area of 83km².
• Discovery of spodumene bearing pegmatite with rock chip samples up to 7.25% Li₂.
• Channel sampling of pegmatite returned 44m @ 0.54% Li₂O including:
  • 3m at 0.97% Li₂O,
  • 3m at 1.27% Li₂O,
  • 1m at 1.76% Li₂O and
  • 2m at 0.87% Li₂O
• ~30m wide outcrop of spodumene-bearing pegmatite is completely open along strike to the north-east and is yet to be drill tested.