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Shaakichiuwaanaan (CV5 & CV13) Mineral Useful resource Estimate (80.1 Mt at 1.44% Li2O and 163 ppm Ta2O5 Indicated, and 62.5 Mt at 1.31% Li2O and 147 ppm Ta2O5 ppm Inferred) is reported at a cut-off grade of 0.40% Li2O (open-pit), 0.60% Li2O (underground CV5), and nil.80% Li2O (underground CV13) with an Efficient Era of August 21, 2024 (via drill gap CV24-526). Mineral Sources aren’t Mineral Reserves as they don’t have demonstrated financial viability.

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Shaakichiuwaanaan (CV5 & CV13) Mineral Useful resource Estimate (80.1 Mt at 1.44% Li₂O and 163 ppm Ta₂O₅ Indicated, and 62.5 Mt at 1.31% Li₂O and 147 ppm Ta₂O₅ ppm Inferred) is reported at a cut-off grade of 0.40% Li₂O (open-pit), 0.60% Li₂O (underground CV5), and nil.80% Li₂O (underground CV13) with an Efficient Era of August 21, 2024 (via drill gap CV24-526). Mineral Sources aren’t Mineral Reserves as they don’t have demonstrated financial viability.

JORC Code rationalization

Statement

Sampling tactics

• Nature and component of sampling (eg compres channels, random chips, or explicit specialised business same old size gear suitable to the minerals below investigation, akin to i’m sick gap gamma sondes, or hand held XRF tools, and so on). Those examples will have to no longer be taken as proscribing the wide that means of sampling.
• Come with connection with measures taken to safeguard pattern representivity and the fitting calibration of any size gear or techniques old.
• Sides of the resolution of mineralization which can be Subject material to the Folk File.
• In circumstances the place ‘business same old’ paintings has been carried out this is able to be rather easy (eg ‘opposite movement drilling used to be old to procure 1 m samples from which 3 kg used to be pulverized to build a 30 g fee for fireplace assay’). In alternative circumstances extra rationalization could also be required, akin to the place there’s coarse gold that has inherent sampling issues. Abnormal commodities or mineralization varieties (eg submarine nodules) might warrant disclosure of striking knowledge.

• Core sampling protocols meet business same old practices.
• Core sampling is guided by means of lithology as motivated right through geological logging (i.e., by means of a geologist). All pegmatite periods are sampled of their entirety (half-core), regardless if spodumene mineralization is famous or no longer (to bring to safeguard an impartial sampling manner) along with ~1 to a few m of sampling into the adjoining host rock (depending on pegmatite interlude dimension) to “bookend” the sampled pegmatite.
• The minimal person pattern dimension is generally 0.5 m and the utmost pattern dimension is generally 2.0 m. Centered person pegmatite pattern lengths are 1.0 to at least one.5 m.
• All drill core is orientated to most foliation previous to logging and sampling and is compres with a core noticed into half-core items, with one half-core gathered for assay, and the alternative half-core too much within the field for reference.
• Core samples gathered from drill holes have been shipped to SGS Canada’s laboratory in Val-d’Or, QC, or Radisson, QC, for pattern preparation (code PRP90 particular) which integrated drying at 105°C, overwhelm to 90% passing 2 mm, riffle cut up 250 g, and smash up 85% passing 75 microns. Core pattern pulps have been shipped by means of wind to SGS Canada’s laboratory in Burnaby, BC, the place the samples have been homogenized and due to this fact analyzed for multi-element (together with Li, Ta, and Cs) the usage of sodium peroxide fusion with ICP-AES/MS end (codes GE_ICP91A50 and GE_IMS91A50).
• Channel sampling adopted highest business practices with a three to five cm broad, saw-cut channel finished around the pegmatite outcrop as sensible, perpendicular to the interpreted pegmatite hit. Samples have been gathered at ~1 m contiguous periods with the channel bearing famous, and GPS coordinate gathered in the beginning and finish issues of the channel.
• All channel samples gathered have been shipped to SGS Canada’s laboratory in Lakefield, ON, or Val-d’Or, QC, for same old preparation. Pulps have been analyzed at SGS Canada’s laboratory in both Lakefield, ON, (2017), or Burnaby, BC (2022, 2023, and 2024), for multi-element (together with Li, Ta, and Cs) the usage of sodium peroxide fusion with ICP-AES/MS end. The overlimit bundle old for cesium is GC_AAS49C – acid digestion for alkaline components – and reviews Cs in %.

Drilling tactics

• Drill sort (eg core, opposite movement, open-hole hammer, rotary wind burst, auger, Bangka, sonic, and so on) and main points (eg core diameter, triple or same old tube, intensity of diamond tails, face-sampling bit or alternative sort, whether or not core is orientated and if this is the case, by means of what form, and so on).

• Holes are NQ or NQ3 dimension core diamond drilling with Core used to be no longer orientated.

Drill pattern healing

• Form of recording and assessing core and chip pattern medications and effects assessed.
• Measures taken to maximise pattern healing and safeguard consultant nature of the samples.
• Whether or not a dating exists between pattern healing and grade and whether or not pattern partial will have happened because of preferential loss/acquire of good/coarse subject matter.

• All drill core used to be geotechnically logged following business same old practices, and come with TCR, RQD, ISRM, and Q-Form. Core healing is superb and generally exceeds 90%.
• Channel samples weren’t geotechnically logged. Channel healing used to be successfully 100%.

Logging

• Whether or not core and chip samples had been geologically and geotechnically logged to a degree of attribute to help suitable Mineral Useful resource estimation, mining research and metallurgical research.
• Whether or not logging is qualitative or quantitative in nature. Core (or costean, channel, and so on) images.
• The overall dimension and proportion of the related intersections logged.

• Upon receipt on the core shack, all drill core is pieced in combination, orientated to most foliation, metre marked, geotechnically logged (together with construction), alteration logged, geologically logged, and pattern logged on a person pattern foundation. Core field pictures also are gathered of all core drilled, without reference to perceived mineralization. Explicit gravity measurements of pegmatite also are gathered at systematic periods for all pegmatite drill core the usage of the H2O immersion form, in addition to make a selection host rock drill core.
• Channel samples have been geologically logged upon assortment on a person pattern foundation.
• The logging is qualitative by means of nature, and comprises estimates of spodumene grain dimension, inclusions, and fashion mineral estimates.
• Those logging practices meet or exceed flow business same old practices.

Sub-sampling tactics and pattern preparation

• If core, whether or not compres or sawn and whether or not quarter, half of or all core taken.
• If non-core, whether or not riffled, tube sampled, rotary cut up, and so on and whether or not sampled rainy or parched.
• For all pattern varieties, the character, component and appropriateness of the pattern preparation method.
• Trait keep watch over procedures followed for all sub-sampling levels to maximise representivity of samples.
• Measures taken to safeguard that the sampling is consultant of the in situ subject matter gathered, together with as an example effects for garden replica/second-half sampling.
• Whether or not pattern sizes are suitable to the grain dimension of the fabric being sampled.

• Drill core sampling follows business highest practices. Drill core used to be saw-cut with half-core despatched for geochemical research and half-core too much within the field for reference. The similar aspect of the core used to be sampled to uphold representativeness.
• Channels have been saw-cut with the total channel being despatched for research at ~1 m pattern periods.
• Pattern sizes are suitable for the fabric being assayed.
• A Trait Agreement / Trait Keep an eye on (QAQC) protocol following business highest practices used to be included into this system and integrated systematic insertion of quartz blanks and authorized reference fabrics (CRMs) into pattern batches at a price of roughly 5% each and every. Moreover, research of pulp-split duplicates used to be finished to evaluate analytical precision, and exterior (secondary) laboratory pulp-split duplicates have been ready on the number one lab for next test research and validation at a secondary lab.
• All protocols hired are thought to be suitable for the pattern sort and nature of mineralization and are thought to be the optimum manner for keeping up representativeness in sampling.

Trait of assay knowledge and laboratory assessments

• The character, component and appropriateness of the assaying and laboratory procedures old and whether or not the method is thought of as favor or overall.
• For geophysical gear, spectrometers, hand held XRF tools, and so on, the parameters old in figuring out the research together with software build and fashion, studying occasions, calibrations components implemented and their derivation, and so on.
• Nature of component keep watch over procedures followed (eg requirements, blanks, duplicates, exterior laboratory assessments) and whether or not applicable ranges of accuracy (ie shortage of partial) and precision had been established.

• Core samples gathered from drill holes have been shipped both to SGS Canada’s laboratory in Val-d’Or, QC, or Radisson, QC for same old pattern preparation (code PRP90 particular) which integrated drying at 105°C, overwhelm to 90% passing 2 mm, riffle cut up 250 g, and smash up 85% passing 75 microns. Core pattern pulps have been shipped by means of wind to SGS Canada’s laboratory in Burnaby, BC, the place the samples have been homogenized and due to this fact analyzed for multi-element (together with Li and Ta) the usage of sodium peroxide fusion with ICP-AES/MS end (codes GE_ICP91A50 and GE_IMS91A50).
• All channel samples gathered have been shipped to SGS Canada’s laboratory in Lakefield, ON, or Val-d’Or, QC, for same old preparation. Pulps have been analyzed at SGS Canada’s laboratory in both Lakefield, ON, (2017), or Burnaby, BC (2022, 2023, and 2024), for multi-element (together with Li, Ta, and Cs) the usage of sodium peroxide fusion with ICP-AES/MS end. The overlimit bundle old for cesium is GC_AAS49C – acid digestion for alkaline components – and reviews Cs in %.
• The Corporate will depend on each its inner QAQC protocols (systematic virtue of blanks, qualified reference fabrics, and exterior assessments), in addition to the laboratory’s inner QAQC.
• All protocols hired are thought to be suitable for the pattern sort and nature of mineralization and are thought to be the optimum manner for keeping up representativeness in sampling.

Verification of sampling and assaying

• The verification of important intersections by means of both isolated or additional corporate group of workers.
• The virtue of twinned holes.
• Documentation of number one knowledge, knowledge access procedures, knowledge verification, knowledge depot (bodily and digital) protocols.
• Speak about any adjustment to assay knowledge.

• Periods are reviewed and compiled by means of the VP Exploration and Venture Managers previous to disclosure, together with a overview of the Corporate’s inner QAQC pattern analytical knowledge.
• Knowledge seize makes use of MX Locker instrument wherein core logging knowledge is entered at once into the instrument for depot, together with direct import of laboratory analytical certificate as they’re gained. The Corporate employs numerous on-site and submit QAQC protocols to safeguard knowledge integrity and accuracy.
• Changes to knowledge come with reporting lithium, tantalum, and cesium of their oxide methods, as it’s reported in elemental mode within the assay certificate. Formulation old are Li₂O = Li x 2.153, Ta₂O₅ = Ta x 1.221, Cs2O = Cs x 1.0602

Location of information issues

• Accuracy and component of surveys old to find drill holes (collar and down-hole surveys), trenches, mine workings and alternative places old in Mineral Useful resource estimation.
• Specification of the grid machine old.
• Trait and adequacy of topographic keep watch over.

• Every drill gap’s collar has been surveyed with a RTK Trimble Zephyr 3 or Topcon GR-5, with miniature collection of holes and channels by means of reasonable hand held GPS.
• The coordinate machine old is UTM NAD83 Zone 18.
• The Corporate finished a property-wide LiDAR and orthophoto survey in August 2022, which supplies high quality topographic keep watch over.
• The component and accuracy of the topographic controls are thought to be sufficient for complicated level exploration and building, together with mineral useful resource estimation.

Knowledge spacing and distribution

• Knowledge spacing for reporting of Exploration Effects.
• Whether or not the knowledge spacing and distribution is ample to determine the level of geological and grade perpetuity suitable for the Mineral Useful resource and Ore Stock estimation process(s) and classifications implemented.
• Whether or not pattern compositing has been implemented.

• At CV5, drill gap collar spacing is dominantly grid primarily based. A number of collars are generally finished from the similar residence at various orientations focused on pegmatite pierce issues of ~50 (Indicated) to 100 m (Inferred) spacing.
• At CV13, drill gap spacing is dominantly grid primarily based, targetting ~100 m pegmatite pierce issues; then again, collar places and gap orientations might range broadly, which replicate the assorted orientation of the pegmatite frame alongside hit.
• At CV9, drill gap collar spacing is abnormal with various gap orientations and more than one collars at the similar residence.
• It’s interpreted that the huge majority of the drill gap spacing at each and every pegmatite is ample to help a mineral useful resource estimate.
• Core pattern lengths generally territory from 0.5 to two.0 m and reasonable ~1.0 to at least one.5 m. Sampling is continuing inside all pegmatite encountered within the drill gap.

Orientation of information in terms of geological construction

• Whether or not the orientation of sampling achieves impartial sampling of conceivable constructions and the level to which that is recognized, taking into consideration the store sort.
• If the connection between the drilling orientation and the orientation of key mineralized constructions is thought of as to have presented a sampling partial, this will have to be assessed and reported if subject matter.

• Incorrect sampling partial is predicted in accordance with construction throughout the mineralized frame.
• The most important mineralized our bodies are rather undeformed and really competent, even supposing have significant structural keep watch over.
• At CV5, the most important mineralized frame and adjoining lenses are steeply dipping to effect indirect angles of intersection with true widths various in accordance with drill gap attitude and orientation of pegmatite at that individual intersection level. i.e., the dip of the mineralized pegmatite frame has permutations in a vertical sense and alongside hit, so the real widths aren’t all the time obvious till a number of holes had been drilled (on the suitable spacing) in any explicit drill-fence.
• At CV13, the most important pegmatite frame has a shallow various hit and northern dip.
• At CV9, the orientation and geometry of the pegmatite isn’t smartly understood. The pegmatite is recently interpreted to be constituted of a unmarried most important dyke, which outcrops at floor, has a steep northerly dip, and is quite plunging to the east-southeast.

Pattern safety

• The measures taken to safeguard pattern safety.

• Samples have been gathered by means of Corporate personnel or its specialists following explicit protocols governing pattern assortment and dealing with. Core samples have been bagged, positioned in huge supersacs for extra safety, palleted, and shipped at once to Val-d’Or, QC, or Radisson, QC, being tracked right through cargo in conjunction with Chain of Custody. Upon arrival on the laboratory, the samples have been cross-referenced with the transport manifest to verify all samples have been accounted for. On the laboratory, pattern baggage are evaluated for tampering.

Audits or critiques

• The result of any audits or critiques of sampling tactics and information.

• A overview of the pattern procedures for the Corporate’s 2021 fall drill program (CF21-001 to 004) and 2022 wintry weather drill program (CV22-015 to 034) used to be finished by means of an Sovereign Competent Particular person and deemed sufficient and applicable to business highest practices (mentioned in a technical record titled “NI 43-101 Technical Report on the Corvette Property, Quebec, Canada”, by means of Alex Knox, M.Sc., P.Geol., Factor Era of June 27^th, 2022.)
• A overview of the pattern procedures during the Corporate’s 2024 wintry weather drill program (via CV24-526) used to be finished by means of an isolated Competent Particular person with admire to the Shaakichiuwaanaan’s Mineral Useful resource Estimate (CV5 & CV13 pegmatites) and deemed sufficient and applicable to business highest practices (mentioned in a technical record titled “NI 43‑101 Technical Report, Preliminary Economic Assessment for the Shaakichiuwaanaan Project, James Bay Region, Quebec, Canada” by means of Todd McCracken, P.Geo., Hugo Latulippe, P.Eng., Shane Ghouralal, P.Eng., MBA, and Luciano Piciacchia, P.Eng., Ph.D., of BBA Engineering Ltd., Ryan Cunningham, M.Eng., P.Eng., of Primero Team Americas Inc., and Nathalie Fortin, P.Eng., M.Env., of WSP Canada Inc., Efficient Era of August 21, 2024, and Factor Era of September 12, 2024.
• Moreover, the Corporate regularly critiques and evaluates its procedures to bring to optimize and safeguard compliance in any respect ranges of pattern knowledge assortment and dealing with.

JORC Code rationalization

Statement

Mineral tenement and land tenure situation

• Sort, reference identify/quantity, location and possession together with oaths or subject matter problems with 3rd events akin to joint ventures, partnerships, overriding royalties, local identify pursuits, historic websites, desolate tract or nationwide landscape and environmental settings.
• The safety of the tenure held on the year of reporting in conjunction with any recognized impediments to acquiring a licence to perform within the section.

• The Shaakichiuwaanaan Component (previously known as “Corvette”) is constituted of 463 CDC claims positioned within the James Bay Patch of Quebec, with Lithium Innova Inc. (completely owned subsidiary of Patriot Battery Metals Inc.) being the registered identify holder for all the claims. The northern border of the Component’s number one declare prohibit is positioned inside roughly 6 km to the south of the Trans-Taiga Highway and powerline infrastructure hall. The CV5 Spodumene Pegmatite is on the market year-round by means of all-season street is positioned roughly 13.5 km south of the regional and all‑climate Trans-Taiga Highway and powerline infrastructure. The CV13 and CV9 spodumene pegmatites are positioned roughly 3 km west-southwest and 14 km west of CV5, respectively.
• The Corporate holds 100% hobby within the Component topic to numerous royalty duties relying on unedited acquisition oaths. DG Sources Control holds a 2% NSR (disagree buyback) on 76 claims, D.B.A. Canadian Mining Area holds a 2% NSR on 50 claims (half of buyback for $2M), Osisko Gold Royalties holds a sliding scale NSR of one.5-3.5% on treasured metals, and a couple of% on all alternative merchandise, over 111 claims, and Azimut Exploration holds 2% on NSR on 39 claims.
• The Component does no longer overlap any atypically delicate environmental grounds or soils, or historic websites to the data of the Corporate. There aren’t any recognized hinderances to working on the Component, excluding the goose harvesting season (generally mid-April to mid-Might) the place the communities request helicopter aviation no longer be finished, and probably wildfires relying at the season, scale, and site.
• Declare expiry dates territory from September 2025 to July 2027.

Exploration carried out by means of alternative events

• Acknowledgment and appraisal of exploration by means of alternative events.

• Incorrect core assay effects from alternative events are disclosed herein.
• The latest isolated Component overview used to be a technical record titled “NI 43‑101 Technical Report, Preliminary Economic Assessment for the Shaakichiuwaanaan Project, James Bay Region, Quebec, Canada” by means of Todd McCracken, P.Geo., Hugo Latulippe, P.Eng., Shane Ghouralal, P.Eng., MBA, and Luciano Piciacchia, P.Eng., Ph.D., of BBA Engineering Ltd., Ryan Cunningham, M.Eng., P.Eng., of Primero Team Americas Inc., and Nathalie Fortin, P.Eng., M.Env., of WSP Canada Inc., Efficient Era of August 21, 2024, and Factor Era of September 12, 2024.

Geology

• Locker sort, geological environment and elegance of mineralization.

• The Component overlies a huge portion of the Lac Guyer Greenstone Belt, thought to be a part of the bigger Los angeles Grande River Greenstone Belt and is ruled by means of volcanic rocks metamorphosed to amphibolite facies. The declare prohibit is dominantly host to rocks of the Guyer Team (amphibolite, iron formation, intermediate to mafic volcanics, peridotite, pyroxenite, komatiite, in addition to felsic volcanics). The amphibolite rocks that development east-west (typically steeply south dipping) via this patch are bordered to the north by means of the Magin Formation (conglomerate and wacke) and to the south by means of an assemblage of tonalite, granodiorite, and diorite, along with metasediments of the Marbot Team (conglomerate, wacke). A number of regional-scale Proterozoic gabbroic dykes additionally compres via parts of the Component (Lac Spirt Dykes, Senneterre Dykes).
• The geological environment is potential for gold, silver, bottom metals, platinum team components, and lithium over a number of other store types together with orogenic gold (Au), volcanogenic immense sulfide (Cu, Au, Ag), komatiite-ultramafic (Au, Ag, PGE, Ni, Cu, Co), and pegmatite (Li, Ta).
• Exploration of the Component has defined 3 number one mineral exploration developments crossing dominantly east-west over huge parts of the Component – Blonde Development (gold), Maven Development (copper, gold, silver), and CV Development (lithium, tantalum). The CV5 and CV13 spodumene pegmatites are positioned throughout the CV Development. Lithium mineralization on the Component, together with at CV5, CV13, and CV9, is seen to happen inside quartz-feldspar pegmatite, that may be uncovered at floor as elevated peace ‘whale-back’ landforms. The pegmatite is frequently very coarse-grained and off-white in look, with darker divisions repeatedly composed of mica and smoky quartz, and coffee tourmaline.
• The lithium pegmatites at Shaakichiuwaanaan are classified as LCT Pegmatites. Core assays and ongoing mineralogical research, coupled with garden mineral identity and assays verify spodumene because the dominant lithium-bearing mineral at the Component, and not using a important petalite, lepidolite, lithium-phosphate minerals, or apatite provide. The spodumene crystal dimension of the pegmatites is generally decimetre scale, and due to this fact, very huge. The pegmatites additionally elevate important tantalum values with tantalite indicated to be the mineral section.

Drill gap Data

• A abstract of all knowledge subject matter to the figuring out of the exploration effects together with a tabulation of refer to knowledge for all Subject material drill holes:
  •  easting and northing of the drill gap collar
  •  elevation or RL (Lowered Stage – elevation above sea stage in metres) of the drill gap collar
  • dip and azimuth of the opening
  • i’m sick gap dimension and interception intensity
  • gap dimension.
•  If the exclusion of this data is i’m right at the foundation that the tips isn’t Subject material and this exclusion does no longer detract from the figuring out of the record, the Competent Particular person will have to obviously provide an explanation for why that is the case.

• Drill gap component knowledge is integrated in a desk herein.
• Pegmatite intersections of <2 m aren’t generally introduced as they’re thought to be insignificant.

Knowledge aggregation forms

• In reporting Exploration Effects, weighting averaging tactics, most and/or minimal grade truncations (eg chopping of elevated grades) and cut-off grades are in most cases Subject material and will have to be mentioned.
• The place mixture intercepts incorporate snip lengths of elevated grade effects and longer lengths of low grade effects, the process old for such aggregation will have to be mentioned and a few standard examples of such aggregations will have to be proven in attribute.
• The suppositions old for any reporting of steel an identical values will have to be obviously mentioned.

• Range weighted averages have been old to calculate grade over width.
• Incorrect explicit grade cap or cut-off used to be old right through grade width calculations. The lithium and tantalum dimension weighted reasonable grade of all of the pegmatite interlude is calculated for all pegmatite periods over 2 m core dimension, in addition to upper grade zones on the discretion of the geologist. Pegmatites have inconsistent mineralization by means of nature, to effect some periods having a miniature collection of poorly mineralized samples integrated within the calculation. Non-pegmatite inner dilution is proscribed to generally <3 m the place related and periods indicated when assays are reported.
• Incorrect steel equivalents had been reported.

Courting between mineralization widths and intercept lengths

• Those relationships are specifically impressive within the reporting of Exploration Effects.
• If the geometry of the mineralization with admire to the drill gap attitude is understood, its nature will have to be reported.
• If it’s not recognized and best the i’m sick gap lengths are reported, there will have to be a sunlit remark to this impact (eg ‘i’m sick gap dimension, true width no longer recognized’)

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• At CV5, geological modelling is ongoing on a hole-by-hole foundation and as assays are gained. On the other hand, flow interpretation helps a most important, huge pegmatite frame of similar vertical to steeply dipping orientation, flanked by means of a number of subordinate pegmatite lenses (jointly, the ‘CV5 Spodumene Pegmatite’)
• At CV13, geological modelling is ongoing on a hole-by-hole foundation and as assays are gained. On the other hand, flow interpretation helps a sequence of sub-parallel trending sills with a flat-lying to shallow northerly dip (jointly, the ‘CV13 Spodumene Pegmatite’)
• At CV9, geological modelling is ongoing on a hole-by-hole foundation and as assays are gained. On the other hand, flow interpretation signifies CV9 is constituted of a unmarried most important dyke, which outcrops at floor, has a steep northerly dip, and is quite plunging to the east-southeast. A hit dimension of 450 m has been delineated via drilling and outcrop.
• All reported widths are core dimension. True widths aren’t calculated for each and every gap because of the rather broad drill spacing at this level of delineation and the standard abnormal nature of pegmatite, in addition to the assorted drill gap orientations. As such, true widths might range broadly from gap to gap.

Diagrams

• Suitable maps and divisions (with scales) and tabulations of intercepts will have to be integrated for any important discovery being reported Those will have to come with, however no longer be restricted to a plan view of drill gap collar places and suitable sectional perspectives.

• Please please see the figures integrated herein in addition to the ones posted at the Corporate’s site.

Balanced reporting

• The place complete reporting of all Exploration Effects isn’t practicable, consultant reporting of each high and low grades and/or widths will have to be practiced to keep away from deceptive reporting of Exploration Effects.

• Please please see the desk(s) integrated herein in addition to the ones posted at the Corporate’s site.
• Effects for pegmatite periods <2 m aren’t reported.

Alternative substantive exploration knowledge

• Alternative exploration knowledge, if significant and subject matter, will have to be reported together with (however no longer restricted to): geological observations; geophysical survey effects; geochemical survey effects; bulk samples – dimension and form of remedy; metallurgical check effects; bulk density, groundwater, geotechnical and rock traits; attainable deleterious or contaminating ingredients.

• The Corporate is recently finishing web site environmental paintings over the CV5 and CV13 pegmatite section.
• The Corporate has finished a bathymetric survey over the shallow frigid pond which overlies a portion of the CV5 Spodumene Pegmatite. The pond intensity levels from <2 m to roughly 18 m, even supposing the vast majority of the CV5 Spodumene Pegmatite, as delineated to pace, is overlain by means of generally <2 to ten m of H2O.
• The Corporate has finished important metallurgical trying out constituted of HLS and magnetic trying out, which has produced 6+% Li₂O spodumene concentrates at >70% healing on each CV5 and CV13 pegmatite subject matter, indicating DMS as a viable number one procedure manner, and that each CV5 and CV13 may probably feed the similar procedure plant. A DMS check on CV5 Spodumene Pegmatite subject matter returned a spodumene pay attention grading 5.8% Li₂O at 79% healing, strongly indicating attainable for a DMS best operation to be appropriate. Moreover, a extra expansive DMS pilot program has been finished, together with with non-pegmatite dilution, and has produced leads to layout with prior testwork.
• Diverse mandates required for advancing the Venture in opposition to Feasibility had been initiated, together with however no longer restricted to, environmental baseline, metallurgy, geomechanics, hydrogeology, hydrology, stakeholder engagement, geochemical characterization, in addition to mining, transportation, and logistical research.

Additional paintings

• The character and scale of deliberate additional paintings (eg assessments for lateral extensions or intensity extensions or large-scale step-out drilling).
• Diagrams obviously highlighting the grounds of conceivable extensions, together with the primary geological interpretations and moment drilling grounds, equipped this data isn’t commercially delicate.

• The Corporate intends to proceed drilling the pegmatites of the Shaakichiuwaanaan Component, targeted at the CV5 Pegmatite and adjoining subordinate lenses, in addition to the CV13 Pegmatite and matching potential corridors.