Spod Lithium Preparing Upcoming Drill Program Following Positive Results From Fall Prospecting - Seite 2

Block C, results from 101 samples:

Elements	Average	Higher intervals
Li	46 ppm Li	100 to 440ppm Li (n=10)
Rb	1,012 ppm	2,030 to 2,930 ppm (n=11)
Cs	32.7 ppm	102.5 to 279 ppm (n=6)

Follow up:

A gravimetric survey covering the main sample cluster and extending to the north-west on an area covered by overburden was conducted. The survey identified a series of well-defined gravimetric contrasts parallel to the Block C pegmatite creating a kilometric wide sub-parallel swarm.

Interpretation of the survey and sampling has identified 16 sub-outcropping and shallow depth targets covering an area of 1 km X 1 km. The targeted area will be used to plan a drill program to explore this section of the pegmatite.

MegaLi and La Grande 4 project potential

189 bedrock samples and 28 boulder samples were taken on the 6 blocks composing the MegaLi and LaGrande 4 properties. Except for block B, all blocks delivered Li anomalies above 100 ppm Li associated with strong rubidium concentrations. Overall, the lithium results obtained, combined with the interpretation of recently acquired airborne magnetic survey, support the conclusion that MegaLi and LaGrande 4 claims blocks are included in whole or in part in the Trieste volcanic Formation which is known to host the Corvette spodumene system. The next table provides a summary of lithium-rubidium-tantalum results obtained by claim blocks.

Claim block	Li (ppm)	Rb (ppm)	Ta (ppm)	Number of bedrock samples
Block A	> 100ppm Li : 3 samples Highest result: 540 Li ppm (P190835)	Average Rb: 1,085 ppm Highest result: 2,940 ppm (P190835)	Highest result: 108.5 ppm Ta (N158129)	19
Block B	No significant result	Average Rb: 1,422 ppm	No significant result	2
Block C	> 100ppm Li : 10 samples Highest result: 440 ppm Li (P190828)	Average Rb: 1,012 ppm Highest result: 2,920ppm	No significant result	101
Block D	> 100ppm Li : 2 samples