Refined Metals Corp Provides an update on 2023 Exploration Work Program at Lac Simard NE Lithium Property in Quebec - Seite 2

A total of ten rock chip samples from stage one of the 2023 work program were bagged and tagged using best practices and have been delivered to Activation Laboratories (“ACTLABS”), Ancaster, Ontario for sample preparation and analysis using laboratories code Ultratrace 7 and sodium peroxide fusion (Na2O2). ACTLABS is an independent commercial, accredited ISO Certified Laboratory.

Afzaal Pirzada, P.Geo., Geological Consultant of the Company, and a “Qualified Person” for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

About Refined Metals Corp.

Refined Metals Corp. is a junior mining company dedicated to identifying, evaluating and acquiring interests in mineral properties in North America. The Company’s business is currently focused on the exploration and development of the Rose Property, a prospective, exploration stage silver-gold-copper-zinc property located near Kamloops, British Columbia. The Company also holds an option to acquire a prospective, exploration stage lithium property located in the Lac Simard region of Quebec pursuant to the Option Agreement. The Company continues to review other mineral properties in North America for possible acquisition in the future.

About Lac Simard NE Property

The Lac Simard Property covers 5,571 hectares land in western Quebec and is 85 kms from the city of Val d’Or. The property is located adjacent to the south of the Tansim Property of Sayona Mining. It and is accessible by a gravel road that joins route 117 at the municipality of Cadillac. The claims located in the northern part are accessible by boat or all-terrain vehicle. Geologically, the Property is a part of the Pontiac Subprovince, a granite and sedimentary rock domain situated at the southern margin of the Superior Province. It is composed of metasedimentary and metavolcanic rocks of late Archean age. These rocks are mainly schists, paragneisses and migmatites, derived from sedimentary rocks, and a significant part is also made up of granitoid rocks. The Lac Simard region exhibits a suite of granodiorites, biotite, and muscovite monzogranites, aplites and pegmatites. Aplites and pegmatites are found hosted in volcano sedimentary and plutonic rocks on the margins of the Decelles Reservoir batholith. The 2021-22 exploration work included three rounds of surface channel sampling, prospecting and mapping on the Property. Focus of the third round being undertaken during the months of August and September of 2022 is a continuation of the 2021 work with carrying out more sampling and some ground geophysical surveys to map the pegmatite dykes and structures.