Highlights

• Located in the prolific James Bay “lithium” district of Quebec
• 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 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)
• La Grande Alliance eastern road will open up the Trieste greenstone belt and is expected to pass with-in 20km of Adina East

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 40m at 1.2% Li2O in 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
• Key “fractionation ratios” of K/Rb below 100 suggest the potential for a spodumene-bearing pegmatite to have been generated
• Significant rubidium enrichment, up to 658 ppm, indicative of magmatic fractionation which is a precursor to lithium saturation.

1 – Pinnacle Minerals Geological interpretation and Loyal Lithium – /https://loyallithium.com/trieste-lithium-project/
2 – Loyal Lithium ASX Announcement 18th January 2024 – “Dyke #01”
3 – Pinnacle Minerals Geological interpretation and Loyal Lithium –https://loyallithium.com/trieste-lithium-project/

Exploration Timeline

• LIDAR and Orthophoto – May / June 2024
• Further field mapping and rock chip sampling – June / July 2024
• Diamond / RC drilling or Trenching of Lithium targets Q4 2024¹

1 – Pending successful exploration campaign