Highlights

• Located in the prolific James Bay “lithium” district of Quebec
• Agreement to acquire 75% project ownership, 25% held by Electrification and Decarbonization AIE LP (E&D Fund), a fund managed by Waratah Capital Advisors ($4B CAD under management)
• US $500,000 payment to be made by E&D Fund for 25% off take from Adina East
• Adjacent to: Trieste Lithium Project (Loyal Lithium, LLI:ASX)
  Proximal to: Adina Lithium Project (Winsome Resources, WR1:ASX)
• Field trip completed in October 2023

The Focus

• 147 claims encompassing 72.7km² in James Bay, Quebec
• Adjacent to interpreted extension of the of the Trieste greenstone belt¹
• Loyal Lithium reported multiple spodumene bearing pegmatite dykes starting < 5km from the western edge of the project²
• Mapped as having a similar geological setting as the Trieste Lithium Project (LLI.ASX) – Targeting metasediments in greenstones³
• Multiple mapped pegmatites, local lithium occurrences,60+ lithium targets generated from satellite and radar imageryanalysis

1 – Pinnacle Minerals Geological interpretation and Loyal Lithium –https://loyallithium.com/trieste-lithium-project/
2 – Loyal Lithium ASX Announcement 16th August 2023 – “Dyke #05”
3 – Pinnacle Minerals Geological interpretation and Loyal Lithium –https://loyallithium.com/trieste-lithium-project/

Lithium Targets

• Multiple pegmatite outcrops and boulders sampled¹
• Exploration timeline
• Rock chip sampling / mapping – Completed
• Further field mapping and rock chip sampling – Q2/Q3 2024
• Diamond / RC drilling of lithium targets – Q4 2024

1 – Pinnacle Minerals LIkited ASX announcement 22nd November 2023