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New Lithium Soil Anomalies Detected at Preissac

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Executive Summary

Consolidated Lithium Metals Inc. has reported encouraging exploration results from its Preissac lithium project, marking a significant step forward in the company's exploration strategy. The company received analytical results from 873 soil samples collected during comprehensive fall exploration programs conducted in 2022 and 2023, representing a substantial sampling effort that demonstrates the company's commitment to systematic exploration.

The key finding from this exploration work is the detection of large lithium soil anomalies positioned along the strategically important Vallée Lithium Trend. These anomalies represent geochemical signatures that could indicate the presence of lithium mineralization at depth, providing valuable targeting information for future exploration activities. The positioning along an established lithium trend adds geological credibility to the findings, as such trends often host multiple lithium deposits.

For the broader lithium sector, these results contribute to the growing body of exploration success stories in established lithium districts. The systematic approach taken by Consolidated Lithium Metals, involving multi-year sampling programs, reflects industry best practices for early-stage lithium exploration. The company's 100% ownership of the project provides full control over future development decisions and potential value creation.

Looking forward, these soil anomaly results will likely guide the company's next phase of exploration activities, potentially including more detailed ground-based surveys, geophysical programs, or preliminary drilling to test the anomalies. The timing of these results positions the company well to capitalize on continued strong demand for lithium resources driven by the global energy transition and electric vehicle adoption.
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