Beyond Lithium Launches Stripping and Drilling Program at Ear Falls Project

Also Provides Victory Project Exploration Update and Announces Private Placement

Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond Lithium") is pleased to announce that its stripping and drilling program at the Ear Falls spodumene Project will start this week. The main objective of the stripping and drill program is to gather additional geological data at the Ear Falls spodumene project to delineate and prioritize targets for the next drilling program, a more extensive drilling program that will drill test the larger footprint of the Ear Fall's spodumene system. Beyond Lithium will be submitting a further and expanded drilling permit application for the next drill program to Ontario's Ministry of Mines immediately after the completion of the current stripping and drilling program along the spodumene-bearing pegmatites zone.

The program announced today will consist in:

A stripping program designed to expose the extension of the spodumene pegmatites in all-directions and to potentially uncover more subparallel dykes.

A drilling program targeted to further understand and delineate the characteristics and the densities of these subparallel spodumene pegmatite dykes.

Lawrence Tsang, VP Exploration of Beyond Lithium, commented "Crews have been active at our Ear Falls spodumene project since the initial discovery in September when we announced grab samples having assayed up to 4.54% Li₂O, with a minimum three-kilometre-long prospective trend being identified. We are awaiting assay results from 60 samples which are currently at the lab in Red Lake, Ontario."

In preparation for the stripping and drilling program a high-quality drone imaging survey was completed along a 1 km long spodumene pegmatite zone to assist with detailed mapping and sampling. This survey will further outline the zonation of these spodumene-bearing pegmatites. Mapping out the zonation of the spodumene-bearing pegmatites will help vector the exploration towards the stronger part of the system.

The spodumene-bearing pegmatite zone was discovered along a contact zone between the metasedimentary and the granite host rocks that continues for over 13 km and so far, only 1 km of this contact has been explored. "We believe the 1 km spodumene-bearing pegmatite zone is just a smaller footprint of a larger system," said Mr. Tsang.

Mr. Tsang also outlined the other areas of interest on the Ear Falls Project: "In addition, there are numerous untested exploration targets across the Project that we will continue to explore for more spodumene bearing pegmatites along:

The 13 km structural corridor with elevated lithium in metasediment and granite, The regional subparallel fault zone along metasediment and another granitic to mylonitic host rock, and
The eastern expansion of the Ear Fall Project with samples collected by Ontario Geological Survey >1.1% A/CNK ratio suggesting the presence of a different fertile pluton on the Project."

Ear Falls Project Background

Beyond Lithium announced the discovery of a brand new spodumene-bearing pegmatites zone with grab samples returning up to 4.54% Li₂O at the Ear Falls Project in September (see press release dated September 17, 2023).The Ear Falls Project (20,623 ha) is located near the town of Ear Falls (pop. 1,100) that is less than 10 minutes drive away from the southern property boundary. The Project is located 70 km south of Red Lake and 145 km north of Dryden with excellent infrastructure including a highway that connects the cities of Dryden, Red Lake, and Kenora, and logging roads access throughout most of the Project, power line along the main highway, local labor force, and equipment facility etc.

Figure 1 Paul Baxter, Beyond Lithium's Sr. Geo, measuring the width and mapping of the spodumene-bearing pegmatite along the main logging road at the Ear Falls Project with two Jr. Geo sampling the dyke.

To view an enhanced version of this graphic, please visit:
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Victory Project Exploration Update

Allan Frame, President and CEO of Beyond Lithium, provided an update on the Victory spodumene Project and said that: "Immediately following our brand-new discovery of two large spodumene-bearing pegmatites along a 6-kilometer structural zone at the Victory Project in the Dryden-Ear Falls District, we sent our experienced technical team to carry out a comprehensive exploration program including detailed mapping and sampling program which is currently ongoing. The primary goal of this program is to collect supplementary field data for the planning of a more advanced exploration and drilling program at Victory. Concurrently with current activities, we will submit a trenching and drilling permit application to Ontario's Ministry of Mines as we anticipate launching our drilling campaign at Victory once we receive the permit approval."

The ongoing exploration work at the Victory Project includes:

Detailed mapping and sampling the two brand-new spodumene-bearing pegmatites.
Further to our detailed mapping, more than 30 samples have been collected from the two spodumene-bearing pegmatites.
Completion of a high-quality drone imaging survey on the two newly discovered spodumene-bearing pegmatites with ranging over 20-30 m in width and striking over 200-300 m in length.
- To map out the zonation of the spodumene-bearing pegmatites
- To follow and to extend the spodumene-bearing pegmatites along strike.
The systematic exploration along the 6 km long structural zone that runs subparallel to the regional subprovince boundary to potentially uncover new spodumene zone.
The inspection of over 100 mapped pegmatites and beryl and tantalum mineral occurrences identified by Ontario Geological Survey.
Prospect the regional trend and prospective corridor across both the Victory Main and the Victory West Projects.

Figure 2 Drone Image of the Spodumene Pegmatite Discovered in the Eastern Extent Along the Prospective Zone of the Victory Project.

To view an enhanced version of this graphic, please visit:
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Figure 3 Drone Image of the Spodumene Pegmatite Discovered in the Western Extent Along the Prospective Zone of the Victory Project.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8620/184816_b591983884ef3bf6_003full.jpg

Figure 4 Brand New Beryl-Bearing Pegmatite Discovered at the Victory Project - Beryl is an indicator mineral of LCT pegmatite fractionation that suggests this area is in the vicinity of potential spodumene mineralization.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8620/184816_b591983884ef3bf6_004full.jpg

Victory Project Background

Beyond Lithium announced the Victory and the Victory West properties (together the "Victory Project") option totalling over 16,000 ha in area and the discovery of two new, undocumented spodumene-bearing pegmatites at the Victory Project (see press release dated October 10, 2023). The Victory Project is located 40 km east of Kenora and 70 km west of Dryden with excellent nearby infrastructures including:

Pacific Railway (CP Rail) and network along the southern claim boundaries of the Victory Project
Access via Trans-Canada Highway and Highway 17 that connect to Kenora and Thunder Bay
20-minute commute time from the nearest town of Vermilion Bay
Power line along Highway 17

In addition to the Victory Project and the Ear Falls Project, Beyond Lithium continues to advance eight other projects (Satellite, Laval, Gullwing-tot, Webb East, Webb West, Temple Bay, Ogani Lake, and McKenzie Bay) located within 100 km of three regionally significant lithium deposits (Figure 5):

The Mavis Lake Lithium deposit owned by Critical Resources Ltd. with 8 Mt at 1.07% Li₂O¹
The Separation Rapids Lithium deposit owned by Avalon Advanced Materials with a PEA of the pre-tax NPV (8% discount rate) calculated at C$156 million and the IRR at 27.1%²
The Root and McComb Lithium deposit owned by Green Technologies Metals with 12.6 Mt at 1.21% Li₂O³

Figure 5 Regional map showing location of Beyond Lithium projects relative to other significant nearby deposits.

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Beyond Lithium's Exploration Plan for the 7 Projects in the Frontier Lithium Pak & Spark Lithium District

Beyond Lithium has seven projects totaling 11,240 ha in area located along the same structural corridor, the Bear Head Lake Fault Zone, that hosts the Frontier Lithium's Pak & Spark Lithium deposits (Figure 6). The Pak deposit has a probable mineral reserve of 4 MT averaging 1.79% Li₂O⁴ and the Spark deposit has a probable mineral reserve of 18 MT averaging 1.5% Li₂O⁴. The Bear Head Lake Fault Zone was described as the focal structure of peraluminous and fertile granitic plutons where nine major fertile plutons have been documented over this 140 km long fault zone (McCracken 2021). The presence of these fertile plutons supports the high potential of exploring for lithium, cesium, and tantalum ("LCT") pegmatites along this prospective fault zone.

Figure 6 Beyond Lithium Projects in the Frontier Lithium's Pak & Spark District along the Bear Head Lake Fault Zone.

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Due to the forest fire and the lack of helicopter availability this season, Beyond Lithium spent limited time in the area. Nonetheless, these seven projects, Borland East, Borland North, Borland West, Favourable Lake, MacDowell Lake, Margot Lake, and North Trout, remain highly prospective and rank high on Beyond Lithium's exploration list based on the regionally favorable geological setting and the abundance of fertile plutons along the main trend. Beyond Lithium is looking forward to carrying out the Phase 1 prospecting program on all seven projects in the Pak & Spark District early next season to establish a baseline of each of the seven projects which will allow the team to plan for a follow up program right after.

Mr. Frame concluded: "Beyond Lithium has 63 projects totalling over 198,000 ha of prospective ground in Ontario. We have established a great geochemical and geological field database to continue being as the largest greenfield lithium exploration player in Ontario. Most of our projects are close to excellent infrastructure with great access located across Ontario which allows Beyond Lithium to have longer field season for exploration to provide steady news flow for our shareholders."

"In our first exploration season, we explored 50 of our 63 projects (79.4%), we made three significant discoveries, advanced 18 projects to Phase 2 exploration and have ten more highly prospective projects to start exploring as of next May."

To view an enhanced version of this graphic, please visit:
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Private Placement

The Company also announced a non-brokered private placement of up to 2 million units of the Company (the "Units") at a price of $0.30 per Unit for aggregate gross proceeds of up to $600,000 (the "Offering"). Each Unit will consist of one common share in the capital of the Company (a "Share") and one-half Share purchase warrant (a "Warrant"). Each full Warrant will entitle the holder to purchase one additional Share in the capital of the Company at a price of $0.45 per Share for a period of 24 months from the closing of the offering, subject to customary adjustment and acceleration provisions. The Warrants will be subject to a provision that if the volume weighted average trading price of the common shares of the Company on the Canadian Securities Exchange equals or exceeds $0.70 over any period of ten consecutive trading days, the Company will be entitled to accelerate the expiry date of the Warrants to the date which is twenty days following the date notice of such acceleration is delivered to holders of the Warrants.

The Company intends to use the proceeds of the Offering for general corporate and working capital purposes.

The Company may pay finders' fees in connection with the Offering in cash, shares, Warrants or a combination thereof. All securities to be issued under the offering will be subject to a hold period of four months and one day from their date of issuance.

Al Frame commented that "We remain committed to our project generator business model and are actively working on monetizing some of the 18 other properties which have now been selected for Phase 2 exploration. In the meantime, we feel the time is right to shore up our non-flow though cash position to better position ourselves to take advantage of the tremendous opportunities were seeing on our projects and in the overall lithium market. Beyond Lithium is in an incredibly unique position to be able to not only continue to develop its current assets but to also monetize the other projects in our portfolio which I believe will bode extremely well for our shareholders over time. I am excited for our future and look forward to updating our shareholders over the coming quarters. I want to thank our shareholders for their continued support in our vision and welcome new investors to the team."

The offered securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

Equity Award Grant

The Company has granted 107,500 incentive stock options (the "Options") and 600,000 restricted share units (the "RSUs") to certain consultants to the Company, subject to certain vesting requirements. The Options will vest in four equal tranches over a 12-month period, with one-quarter vesting on the date of grant and one-quarter vesting at the end of each three-month period thereafter. Each Option is exercisable to acquire one common share of the Company at a price of $0.31 per share upon vesting, for a period of five years from the date of grant. 90,000 of the RSUs to be granted to certain consultants will fully vest three months after the date of grant and 590,000 of the RSUs shall vest in three equal tranches over a 9-month period, with one-quarter vesting at the end of each three-month period following the date of grant. Each vested RSU shall entitle the holder to receive one common share of the Company.

All grants of Options and RSUs are subject to the Company's omnibus equity incentive plan (the "Equity Incentive Plan"), which was approved by shareholders at the Company's annual general and special meeting of shareholders held on May 15, 2023 (the "Meeting"). A copy of the Equity Incentive Plan is included in the Company's management information circular in respect of the Meeting dated April 10, 2023 available via the Company's profile on SEDAR at www.sedar.com.

Sources

Critical Resources Limited, Mavis Lake. https://www.criticalresources.com.au/our-projects/mavis-lake-lithium-project/
Avalon Advanced Materials, Separation Rapids. https://www.avalonadvancedmaterials.com/projects/separation_rapids/
Green Technology Metals, Root/McComb. https://www.greentm.com.au/root-project
Frontier Lithium, Pak & Spark https://www.frontierlithium.com/resource-assets

McCracken, T., Canosa, J., Boyko, K., Wilson, S., & deGagne, R. (2021). NI 43-101 Technical Report Pak Property (pp. 1-361). Red Lak, Ontario: BBA.

Qualified Person and Third-Party Data

The scientific and technical information in this news release has been reviewed and approved by Lawrence Tsang, P.Geo., VP Exploration of the Company. Lawrence Tsang is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

About Beyond Lithium Inc.

Beyond Lithium Inc. is the largest greenfield lithium exploration player in Ontario with 63 high potential greenfield lithium properties totalling over 195,000 hectares. The Company has adopted the project generator business model to maximize funds available for exploration projects, while minimizing shareholder dilution. Beyond Lithium is advancing certain of its projects with its exploration team and will seek to option other properties to joint venture partners. Partnering on various projects will provide a source of non-dilutive working capital, partner-funded exploration, and long-term residual exposure to exploration success.

Beyond Lithium currently has 30,201,149 common shares outstanding.

Please follow @BeyondLithium on Twitter, Facebook, LinkedIn, Instagram and YouTube.

For more information, please refer to the Company's website at www.beyondLithium.ca.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding future capital expenditures, anticipated content, commencement, and cost of exploration programs in respect of the Company's projects and mineral properties, anticipated exploration program results from exploration activities, resources and/or reserves on the Company's projects and mineral properties, and the anticipated business plans and timing of future activities of the Company, are forward-looking information. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward-looking information can be identified by words such as "pro forma", "plans", "expects", "will", "may", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "potential" or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. In stating the forward-looking information in this news release, the Company has applied several material assumptions, including without limitation, that market fundamentals will result in sustained precious and base metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future exploration of the Company's properties, the availability of financing on suitable terms, and the Company's ability to comply with environmental, health and safety laws.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the statements of forward-looking information. Such risks and other factors include, among others, statements as to the anticipated business plans and timing of future activities of the Company, the proposed expenditures for exploration work on its properties, the ability of the Company to obtain sufficient financing to fund its business activities and plans, delays in obtaining governmental and regulatory approvals (including of the Canadian Securities Exchange), permits or financing, changes in laws, regulations and policies affecting mining operations, risks relating to epidemics or pandemics such as COVID-19, the Company's limited operating history, currency fluctuations, title disputes or claims, environmental issues and liabilities, as well as those factors discussed under the heading "Risk Factors" in the Company's prospectus dated February 23, 2022 and other filings of the Company with the Canadian securities regulatory authorities, copies of which can be found under the Company's profile on the SEDAR website at www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward-looking information. The Company undertakes no obligation to update any of the forward-looking information in this news release except as otherwise required by law.

For further information, please contact:

Allan Frame
President and CEO
Tel: 403-470-8450
Email: allan.frame@beyondLithium.ca

Jason Frame
Manager of Communications
Tel: 587-225-2599
Email: jason.frame@beyondLithium.ca

/ NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

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Beyond Lithium BY:CC CSE:BY Battery Metals Investing

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Beyond Lithium Announces Shares for Debt Transactions

Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond Lithium") announces that it has agreed to settle debts relating to certain consulting fees owed to two arm's length parties by issuing an aggregate of 171,554 common shares of the Company at a deemed price of $0.185 per share, representing an aggregate value of $31,737.50 (the "Debt Settlement").

All common shares to be issued pursuant to the Debt Settlement will be subject to the statutory hold period of four months and one day from their date of issuance and 58,750 of the shares shall be subject to additional contractual hold period expiring on July 10, 2024.

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Beyond Lithium Intersects 2.30% Li2O over 3.84m in Wider Pegmatites Zone of 0.46% Li2O over 36.25m at the Ear Falls's Wenasaga North Zone

Highlights

Drilling intercepts encountered high grade spodumene-bearing pegmatites in wider pegmatites zone:
- 2.30% Li₂O and 178ppm Cs over 3.84m in wider pegmatites zone of 0.46% Li₂O and 250ppm Cs over 36.25m (EF23-04).
- 0.58% Li₂O and 387ppm Cs over 3.2m and 0.51% Li₂O and 960ppm Cs over 2.63m in wider pegmatites zone of 0.30% Li₂O and 348ppm Cs over 24.9m (EF23-02).
- 0.97% Li₂O and 236ppm Cs over 1.58m in wider pegmatites zone of 0.29% Li₂O over 15.36m (EF23-03).
Holes #1-4 are mineralized with lithium from top to bottom (hole lengths vary between 30 to 60m).
Six out of the seven holes (EF23-01 to 05 & 07) ended in mineralization signifying the system remains open at depth and along strike of the 13km long exploration corridor.
Six out of the seven holes have pervasive and strong lithium and cesium mineralization in the alteration halo around the pegmatites indicating the potential of a larger system with wider pegmatites at depth and along strike.
Drilling results show a doubling of the width of the Wenasaga North Zone from 35 to 70m.
Drilling results confirm new pegmatites zone at depth that was not exposed previously on surface.
The Sandy Creek West Zone has the same geochemical signatures with highly anomalous lithium and cesium as the drilling results from the Wenasaga North Zone implying the Sandy Creek West Zone is proximal to spodumene mineralization.

Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond Lithium") is pleased to announce the drill results of its 2023 drilling program at the Ear Falls Project (20,623 ha) with core logging facility located in the town of Ear Falls, Ontario, that is just 10 minutes away from the site. The 2023 drilling program completed seven AQ-sized drill holes totaling 329.59m. The seven drill holes drilled tested 200m strike length of the initial spodumene-bearing pegmatites discovery at Ear Falls, the Wenasaga North Zone, with grab samples up to 4.54% Li2O (see press release dated September 17, 2023).

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Beyond Lithium Enters Property Sale Agreement with Patriot Lithium for Borland Claims

Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond Lithium") is pleased to announce that it has entered into a mineral property purchase agreement (the "Purchase Agreement") with Patriot Lithium Limited ("Patriot"), an Australian based mineral exploration company listed on the Australian Stock Exchange (ASX:PAT), pursuant to which the Company will transfer to Patriot an undivided 100% interest in the 61 mining claims comprising the Company's Borland East and Borland North projects located approximately 60 km northwest of Frontier Lithium's PAK project in Northwest Ontario (the "Borland Claims").

As consideration for the Borland Claims, Patriot will issue to Beyond Lithium on closing, 1,100,000 fully paid ordinary shares in the capital of Patriot, subject to certain contractual escrow requirements (the "Purchase Price Shares"). Additionally, Patriot shall pay Beyond Lithium a cash payment of C$2,500,000 for an initial mineral resource estimate filed or announced by Patriot declaring any JORC, NI 43-101, or SK-1300 compliant, as applicable, deposits or orebodies contained exclusively in any part of the Borland Claims exceeding 20 million metric tonnes of contained Li₂O with an average grade equal to 1.0% Li₂O or greater.

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CENTURY LITHIUM ANNOUNCES POSITIVE FEASIBILITY STUDY FOR THE CLAYTON VALLEY LITHIUM PROJECT, NEVADA

FEASIBILITY STUDY HIGHLIGHTS

Large-Scale Nevada-based Lithium Project: three-phase production plan will generate a life-of-mine average of 34,000 tonnes per annum (tpa) of battery-quality lithium carbonate (Li ₂ CO ₃ )
Innovative Approach in Processing: patent-pending chloride leaching process combined with Direct Lithium Extraction (DLE), the Feasibility Study is supported by 2+ years of testing at the Company's Pilot Plant
Mineral Resource Estimate: Measured and Indicated resources totaling 1,207.33 million tonnes (Mt) at an average grade of 957 parts per million (ppm) lithium (Li) containing 1. 155 Mt of Li or 6. 148 Mt of lithium carbonate equivalent (LCE)
Long 40-Year Mine Life : Proven and Probable Mineral Reserve Estimate totaling 287.65 Mt at an average grade of 1,149 ppm Li containing 0. 330 Mt of lithium or 1. 759 Mt of LCE
Initial Project: Phase 1 Capital Cost $1.537 billion for production capacity of 13,000 tpa LCE
Designed for Expansion: Phase 2 $0.651 billion for 28,000 tpa LCE, and Phase 3 $1.336 billion for 41,000 tpa LCE; Project expansions are capitalized with Project cash flow
Low Operating Cost: average operating cost $8,223 /t of Li ₂ CO ₃ produced, or $2,766 /t after sales of surplus sodium hydroxide (NaOH)
After-tax IRR of 17.1% at $24,000 /t Li ₂ CO ₃ : $3.01 billion after-tax net present value (NPV) at 8% discount rate and a 17.1% after-tax internal rate of return (IRR), using price assumptions of $24,000 /t for Li ₂ CO ₃ and $600 /dry metric tonne (dmt) for NaOH

Century Lithium Corp. (TSXV : LCE ) (OTCQX: CYDVF ) (Frankfurt: C1Z ) (Century Lithium or the Company) is pleased to announce the results of a National Instrument 43-101 (NI 43-101) feasibility study (Feasibility Study, FS or Study) completed on its 100% owned Clayton Valley Lithium Project (Project) in Nevada, USA . The Feasibility Study was prepared by Wood Group USA Inc. (Wood) and Global Resource Engineering, Ltd. (GRE). All currency amounts in this news release are presented in U.S. dollars.

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ALX Resources Corp. Intersects Additional Uranium Mineralization at the Gibbons Creek Uranium Project, Athabasca Basin, Saskatchewan

alx resources corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce the completion of the 2024 winter drilling program at its 100%-owned Gibbons Creek Uranium Project ("Gibbons Creek", or the "Project") located in the northern Athabasca Basin near the community of Stony Rapids, Saskatchewan. The 2024 drilling program was designed to test for continuity of uranium mineralization first discovered in 1979 by Eldorado Nuclear and by ALX in 2015. Five holes totaling 849.44 metres were completed. Four of the five holes intersected uranium mineralization at or near the unconformity, based upon hand-held scintillometer readings on drill core, downhole gamma probe results, and visual observation of uranium minerals by ALX's geological team. Mineralization found in the 2024 drilling was intersected in two areas located 500 metres apart within a target area that ALX defined in late 2023 by carrying out a high-resolution magnetic survey and a Soil Gas Hydrocarbon ("SGH") survey (see ALX news release dated January 23, 2024).

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Argentina Lithium Announces Positive Lithium Values in the 12th Exploration Well at the Rincon West Project

TSX Venture Exchange (TSX-V): LIT
Frankfurt Stock Exchange (FSE): OAY3
OTCQX Venture Market: LILIF

Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTCQX: LILIF) ("Argentina Lithium" or the "Company") reports positive results from the twelfth exploration hole at its Rincon West Project in Salta Province Argentina . Brine samples collected over a 165 metre interval of RW-DDH-012 ranged from 322 to 371 mgl lithium.

"Our ongoing drilling continues to evaluate the Rinconcita II concession that extends from our original claims, eastwards over the salt flat towards the neighboring Rio Tinto concessions. Our twelfth hole demonstrates a long interval of impressive lithium values in porous host lithologies. Thus far, our drilling at Rincon West demonstrates a continuous aquifer of concentrated lithium brines over an extensive basin." stated Miles Rideout , V.P. of Exploration.

The results including sampling method, the sample interval data, and the brine analyses for RW-DDH-012 are shown in Table 1. Drill collar information is presented in Table 2. An extensive selection of core samples has been sent to an independent laboratory for brine recovery testing; results are pending.

The Rincon West Project covers 5198.8 hectares of the salar basin, consisting of three property blocks adjacent to Rio Tinto's Rincon Project. Drill hole RW-DDH-012 represents the third exploration hole of the 6-hole program planned for the Rinconcita II property, announced in the Company's October 19, 2023 News Release. The Company is currently completing the access to the next drill platform (RW-DDH-013), representing a further 1000 m step towards the northeast corner of the property block.

Figure 1 presents a map of the western (main) block of the Rincon West project showing the positions of the twelve completed exploration holes (see News Releases dated July 13, 2022 , October 3, 2022 , October 25, 2022 , January 26, 2023 , April 24, 2023 , May 31, 2023 and January 22, 2024 ). The drill locations are overlain on the conductive zones (shaded yellow) delineated by two geophysics campaigns (see News Releases dated May 2, 2022 and October 19, 2023 ).

Table 1: Interval data and results of brine analyses for lithium, potassium, and magnesium for drill hole RW-DDH-01 2*

Sample Interval (m)			Sample Method	Li	K	Mg	Density
From	To	Thickness	Sample Method	(mg/litre)			(g/ml)
RW-DDH-012
48.5	51.5	3.0	Single packer	337	6284	3062	1.201
54.5	57.5	3.0	Single packer	345	6667	3116	1.204
60.5	63.5	3.0	Single packer	355	6884	3143	1.207
66.5	69.5	3.0	Single packer	365	7230	3169	1.212
78.5	81.5	3.0	Single packer	363	7210	3208	1.216
96.5	99.5	3.0	Single packer	329	7087	2764	1.218
102.5	105.5	3.0	Single packer	339	7262	2867	1.218
108.5	111.5	3.0	Single packer	356	7483	3034	1.216
120.5	123.5	3.0	Single packer	347	7202	2971	1.215
126.5	129.5	3.0	Single packer	366	7260	3184	1.212
132.5	135.5	3.0	Single packer	352	7152	3067	1.213
138.5	141.5	3.0	Single packer	371	7451	3298	1.214
144.5	147.5	3.0	Single packer	356	7192	3157	1.216
156.5	159.5	3.0	Single packer	345	7054	3091	1.219
162.5	165.5	3.0	Single packer	335	6858	2998	1.219
168.5	171.5	3.0	Single packer	315	6679	2827	1.22
174.5	177.5	3.0	Single packer	324	6696	2893	1.219
180.5	183.5	3.0	Single packer	327	6694	2914	1.218
186.5	189.5	3.0	Single packer	323	6685	2874	1.217
192.5	195.5	3.0	Single packer	324	6744	2897	1.218
198.5	201.5	3.0	Single packer	324	6718	2860	1.217
204.5	207.5	3.0	Single packer	322	6697	2827	1.217
210.5	213.5	3.0	Single packer	324	6717	2834	1.217

*The drill hole was inclined vertically; the brine hosting strata are believed to be flat lying resulting in reported intervals approximating true thickness.

Drilling Methodology

RW-DDH-012 was executed with HQ-diameter diamond drilling, permitting the extraction of core samples of the salar basin formations and the recovery of brine samples where possible.

Drilling was carried out by Salta-based AGV Falcon Drilling SRL, under the supervision of Argentina Lithium's geologists.

Table 2: Collar and maximum depth information for RW-DDH-012
Hole ID	East	North	Elevation	Azimuth	Dip	Depth
	UTM Zone 19S (WGS84)		(m)	(deg.)	(deg.)	(m)
RW-DDH-012	684144	7337989	3722	n/a	90	339.0

LIT's preferred method for brine sampling deploys a 'single packer' sampling unit during drilling. The packer sampling method allows the recovery of brine samples at specific depths while sealing the hole at the top and bottom of the interval. For single packer sampling, an inflatable seal closes the top of the interval; the lower limit of drilling represents the bottom of the interval.

Geophysical profiling and lining the hole with 2" diameter PVC filters have been completed. All core samples recovered in drilling were retained for geologic logging.

Observations regarding RW-DDH-012

RW-DDH-012 extends drilling eastwards from previous holes over the Rincon salt flat. The hole was completed to 339.5 m depth and a total 23 brine samples extracted using the single packer method were submitted for analysis.

Samples collected between 48.5 m depth and 213.5 m depth (the deepest sample) ranged from 322 to 371 mg/l lithium. Over this 165 m interval, 23 single packer brine samples were collected from discrete 3 m intervals, totalling 69.0 m of sampling, which represents 41.8% of the total interval.

From surface to 20 m depth, gravels with a sandy-clayey matrix were drilled. Dacite was recovered from 20.0 to 22.9 m , whereupon the drill crossed coarse gray-brown sand, to 52.3 m . Fine black sands were then sampled to 106.5 m depth, followed by reddish clayey sand to 122 m . The drill sampled fine black sands to 129.5, followed by coarse red sand to 135.5 m , then medium brown sand to 144.5 m . Breccia with grey sandy matrix was crossed to 151.0, with clasts of andesite and other compositions. Fine reddish and gray sands were then drilled to 177.4 m , where sulphates were encountered, extending to 178.2 m . Brown, medium-grained sand was then drilled to 180.5, followed by breccia to 185.5 m . Between 185.5 m and 201.4 m , the drill sampled andesitic porphyry with veinlets. From 201.4 to 339.5 m , the drill sampled a sequence of volcanic units (porphyries, breccias and ignimbrites, among others) characterised by the presence of fractures and carbonate or quartz veinlets. Brine sampling in these relatively competent basement units proved unproductive below the initial weathered zone.

Analyses and QA/QC

Samples of brine were submitted for analysis to Alex Stewart International Argentina S.A. ("Alex Stewart"), the local subsidiary of Alex Stewart International, an ISO 9001:2017 certified laboratory, with ISO 17025:2017 certification for the analysis of lithium, potassium and other elements. Alex Stewart employed Inductively Coupled Plasma Optical Emission Spectrometry ("ICP-OES") as the analytical technique for the primary constituents of interest, including boron, calcium, potassium, lithium, and magnesium. Measurements in the field included pH, electrical conductivity, temperature and density.

The quality of sample analytical results was controlled and assessed with a protocol of blank, duplicate and reference standard samples included within the sample sequences. For hole RW-DDH-012 the lot contained one blank and two duplicate samples, which all reported within the acceptable range. Single low-grade, medium-grade and high-grade reference standard samples (3 standards in total) were included within the submitted sample suite. The low-grade reference standard analysed higher than 3 standard deviations (SD) of best value, with 8.6 relative percent difference (RPD); the medium-grade reference standard analysed below 3 SD of best value, with 4.9 RPD; the high-grade reference standard analysed below 3 SD of the best value; with 2.9 RPD.

Qualified Person

Frits Reidel , CPG is a Qualified Person as defined in National Instrument 43-101, is the Principal of Atacama Water Consultants, and is independent of Argentina Lithium. Mr. Reidel has reviewed the work carried out by the Company's exploration team at the early-stage Rincon West property. The disclosure in this news release has been reviewed and approved by Mr. Reidel.

About Argentina Lithium

Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina and advancing them towards production in order to meet the growing global demand from the battery sector. The Company's recent strategic investment by Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., one of the world's leading automakers, places Argentina Lithium in a unique position to explore, develop and advance its four key projects covering over 67,000 hectares in the Lithium Triangle of Argentina . Management has a long history of success in the resource sector of Argentina and has assembled some of the most prospective lithium properties in the world renowned "Lithium Triangle". The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

"Nikolaos Cacos"

_______________________________
Nikolaos Cacos , President, CEO and Director

www.argentinalithium.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "anticipate", "will", "expect", "may", "continue", "could", "estimate", "forecast", "plan", "potential" and similar expressions. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments management of the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the Company's plans for its mineral properties; the Company's business strategy, plans and outlooks; the future financial or operating performance of the Company; and future exploration and operating plans are forward-looking statements.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Accordingly, readers should not place undue reliance on the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things: risks and uncertainties related to the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; the state of financial markets in Canada and other jurisdictions; the Company's ability to meet its working capital needs; fluctuations in metal prices; operations in foreign countries and the compliance with foreign laws; environmental regulations or hazards and compliance with regulations associated with mining activities; climate change and climate change regulations; fluctuations in foreign currency exchange rates; failure to obtain or delays in obtaining necessary governmental and regulatory approvals; labour disputes and other risks generally in the mining industry. There may be other factors that cause results or events to not be as anticipated. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's Management's Discussion and Analysis for a more detailed discussion of factors that may impact expected future results. The forward-looking statements contained in this press release are made as of the date hereof or the dates specifically referenced in this press release, where applicable. The Company undertakes no obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.

View original content to download multimedia: https://www.prnewswire.com/news-releases/argentina-lithium-announces-positive-lithium-values-in-the-12th-exploration-well-at-the-rincon-west-project-302125564.html

SOURCE Argentina Lithium & Energy Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2024/24/c3920.html

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Name	Area (ha)
Victory Spodumene	16,682
Ear Falls Spodumene	20,623
Cosgrave Lake	8,993
Wisa	6,666

Project	Size (ha)
Escape Lake W	1,684
Escape Lake E	1,727
Edwards Lake	1,062
Brule Lake	640
Arrel Lake	3,585
Smiley Lake	5,094
Pillar Lake	662
Hilltop	4,204
Mountairy	7,503
Bannerman	562
Oneman Lake	578
Separation Lake	620
Windfall Road	1,068
Jessiman	3,746
Antenna Lake	820

Zone	Type	# of Samples	Averaged Li2O %	Averaged Cs ppm
Wenasaga North	Core	193	0.17	189
Wenasaga North	Channel	32	0.16	227
Wenasaga North	Grab	2	0.20	385
	Total	227	0.17	196

Sandy Creek West	Grab	3	0.23	228

HOLE #		FROM	TO	WIDTH	Li2O WGT. AVG %	Cs WGT. AVG PPM
EF23-01		0	0.7	0.7	0.41	1065
	and	2.7	8	5.3	0.23	220
	and	9.05	15.3	6.25	0.33	366

EF23-02		0	24.9	24.9	0.30	348
	incl.	1.3	3.93	2.63	0.51	960
	also incl.	12.15	15.35	3.2	0.58	387

EF23-03		8.55	23.91	15.36	0.29	200
	incl.	12.5	23.91	11.41	0.31	218
	incl.	18.57	20.15	1.58	0.97	236
	also incl.	22	23.91	1.91	0.34	202

EF23-04		7.13	49.65	42.52	0.41	235
	incl.	13.4	49.65	36.25	0.46	250
	or	13.4	34.93	21.53	0.65	269
	incl.	13.4	23.05	9.65	0.34	300
	also incl.	25.16	34.93	9.77	1.06	236
	or	25.16	29	3.84	2.30	178

EF23-05		2.15	5.57	3.42	0.19	145.00

EF23-06	no significant interval

EF23-07		17.8	22.47	4.67	0.20	214
		25.25	27.45	2.2	0.17	100
		28.1	29.94	1.84	0.20	77
		41.22	42.94	1.72	0.19	127
		44.85	47.24	2.39	0.24	133

Hole ID	UTM Zone	Easting	Northing	Elev	Az	Dip	Length (m)
EF23-01	15	483750	5620046	385	115	-47	29.87
EF23-02	15	483750	5620046	385	115	-70	32.47
EF23-03	15	483727	5620027	385	120	-55	38.46
EF23-04	15	483727	5620027	385	120	-75	60.96
EF23-05	15	483727	5620027	385	300	-55	30.48
EF23-06	15	483688	5619944	379	120	-55	62.67
EF23-07	15	483688	5619944	379	300	-55	74.68

(a)	completing a Going Public Transaction within 18 months of the date of the Option Agreement (the "Effective Date");

(b)	issuing to the Company an aggregate of 1,000,000 common shares in the capital of the Optionee upon closing of the Going Public Transaction, subject to certain contractual escrow requirements;

(c)	reimbursing the Optionor for its costs associated with the exploration of the Fabie Gold Project in the amount of C$150,000 cash as follows:

	(i)	$50,000 to be paid on the earlier of (A) 90 days from the Effective Date or (B) closing of the Optionee's first debt or equity financing transaction completed following the Effective Date;

	(ii)	$100,000 to be paid on or prior to completion of the Going Public Transaction; and

(d)	assuming the 1.0% net smelter return royalty obligation of the Company in respect of the Fabie Gold Project in favour of Reyna Silver Corp. upon exercise of the Option.

Production Summary
Phase	Years	Mine tonnes per day (tpd)	Li ₂ CO ₃ (tpa)	Capital Cost (B$)
1	1-5	7,500	13,000	$1.537
2	6-10	15,000	28,000	$0.651
3	11+	22,500	41,000	$1.336

Economic Summary	Units	Amount
Operating Costs (average)	$/t	8,223
Operating Costs (average w/NaOH credit)	$/t	2,766
After-tax NPV @ 8% Discount Rate	$ billion	3.01
After-tax IRR	%	17.1

Mineral Resource Estimate
Domain	Tonnes Above Cut-off (millions)	Li Grade (ppm)	Li Contained (million t)	LCE (million t)
Measured	858.38	990	0.849	4.524
Indicated	348.95	875	0.305	1.625
Measured & Indicated	1,207.33	957	1.155	6.148
Inferred	119.03	827	0.098	0.524
The effective date of the Mineral Resource Estimate is December 15, 2022. The QP for the estimate is Ms. Terre Lane , MMSA, an employee of GRE and independent of Century. The Mineral Resources are constrained by a pit shell with a 200 ppm Li cut-off and density of 1.505 g/cm3. The cut-off grade considers an operating cost of $16.90/t mill feed, process recovery of 83% and a long-term lithium carbonate price of $20,000/t. The Mineral Resource estimate was prepared in accordance with CIM Definition Standards (CIM, 2014) and the CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines (CIM, 2019). Mineral Resource figures were rounded . One tonne of lithium = 5.323 tonnes lithium carbonate. Mineral Resources are inclusive of Mineral Reserves.

Mineral Reserve Estimate
Domain	Tonnes Above Cut- off (millions)	Li Grade (ppm)	Li Contained (million t)	LCE (million t)
Proven	266.39	1,147	0.306	1.626
Probable	21.26	1,174	0.025	0.133
Proven & Probable	287.65	1,149	0.330	1.759
The effective date of the Mineral Reserve Estimate is December 15, 2022. The QP for the estimate is Ms. Terre Lane, MMSA, an employee of GRE and independent of Century. The Mineral Reserve estimate was prepared in accordance with CIM) Definition Standards (CIM, 2014) and the CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines (CIM, 2019). Mineral Reserves are reported within the final pit design at a mining cut-off of 900 ppm. The cut-off grade considers a mine operating cost of $1.98/t, a process operating cost of $14.27/t milled, a G&A cost of $0.65/t milled, process recovery of 83% and a long-term lithium carbonate price of $20,000/t. The cut-off of 900 ppm is an elevated cut-off selected for the mine production schedule as the elevated cutoff is 4.5 times higher than the break-even cut-off grade. Mineral Reserve figures have been rounded. One tonne of lithium = 5.323 tonnes lithium carbonate. Mineral Resources are inclusive of Mineral Reserves.

Installed Capital Costs	Initial Phase 1 ($M)	Expansion Phase 2 ($M)	Expansion Phase 3 ($M)
Mining & Site Preparation	$64	$7	$27
Process Facilities	$517	$205	$477
Chlor-Alkali Plant	$496	$336	$496
Buildings, Services & Infrastructure	$130	$5	$42
Indirect & Owners Costs	$234	$72	$190
Contingency	$96	$27	$105
Total Capital Cost	$1,537	$651	$1,336
Notes: Totals may not sum due to rounding, Contingency and site Indirects for chlor-alkali plant is included in the Chlor-Alkali Plant line item , c ontingency for mining is included in the Contingency line item, indirect costs for mining are not included in the Indirects and Owner's Costs line item

Initial Phase 1 (7,500 tpd mill feed)	$ (000s)/y	$/t mill feed	$/t LCE
Mining	$13,754	$5.43	$1,205
Processing and G&A	$57,515	$21.01	$4,428
Chlor-Alkali Plant	$61,787	$22.57	$4,757
Total Operating Cost	$133,056	$49.01	$10,390
Less NaOH Sales (FOB mine)	$78,272	$28.95	$6,026
Net Operating Cost	$54,784	$20.06	$4,364
Note: Totals may not sum due to rounding

Expansion Phase 2 (15,000 tpd mill feed)	$ (000s)/y	$/t mill feed	$/t LCE
Mining	$24,901	$4.26	$766
Processing and G&A	$82,018	$14.98	$3,157
Chlor-Alkali Plant	$105,138	$19.20	$4,047
Total Operating Cost	$212,057	$38.44	$7,970
Less NaOH Sales (FOB mine)	$142,350	$26.00	$5,479
Net Operating Cost	$69,707	$12.44	$2,491
Note: Totals may not sum due to rounding

Expansion Phase 3 (22,500 tpd mill feed)	$ (000s)/y	$/t mill feed	$/t LCE
Mining	$22,064	$2.70	$561
Processing and G&A	$119,945	$14.60	$3,078
Chlor-Alkali Plant	$151,325	$18.43	$3,884
Total Operating Cost	$293,334	$35.73	$7,523
Less NaOH Sales (FOB mine)	$213,525	$25.99	$5,479
Net Operating Cost	$79,809	$9.74	$2,044
Note: Totals may not sum due to rounding

Average Annual Values	Units	Initial Phase 1	Expansion Phase 2	Expansion Phase 3
Li ₂ CO ₃ Sales	t	11,885	26,753	39,098
NaOH Sales	dmt	130,488	237,250	355,875
Gross Sales	$ million	$282.4	$635.7	$929.0
Before-tax Cash Flow	$ million	$231.3	$553.3	$825.3

Project Sensitivity	Units	75 %	Base Case	125 %
Lithium Price	$/t LCE	$18,000	$24,000	$30,000
NPV-8%	$ billion	$1.52	$3.01	$4.47
IRR	%	12.9	17.1	20.9

Drill Hole Number	Total Depth of Hole (m)	Depth to Unconformity (m)	Mineralized Zones			Average Gamma Probe Readings (cps at 0.1 m intervals)	Maximum Gamma Probe Readings (cps)
Drill Hole Number	Total Depth of Hole (m)	Depth to Unconformity (m)	From (m)	To (m)	Interval (m)		Maximum Gamma Probe Readings (cps)
GC24-01*	157.0	77.8	n/a	n/a	n/a	n/a	n/a
GC24-02	212.0	108.4	109.1	109.7	0.6	1,803	3,281
GC24-03	186.4	108.5	109.2	110.8	1.6	1,539	2,217
GC24-04	177.0	107.18	107.17	108.27	1.1	2,880	8,662
GC24-05	173.0	102.36	103.2	103.7	0.5	1,365	2,328

Beyond Lithium Launches Stripping and Drilling Program at Ear Falls Project

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Overview

Company Highlights

Key Projects

Victory Spodumene Project

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Ear Falls Spodumene Project

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Cosgrave Lake Project

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Other Projects in Prolific Districts

District:

Frontier Lithium District

Case Lake District

Wisa Lake District

Dryden Mavis Lake District

Superb District

Management Team

Allan Frame - President and CEO

Craig Gibson - Director

Carmelo Marrelli - Chief Financial Officer

Tom Provost - Corporate Secretary and Director

Lawrence Tsang, P. Geo - Vice President of Exploration

Michelle DeCecco - Director

James Campbell - Director

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