Exceptional Rock Samples Up To 6.8% Li2o Identified At The Gorge Lithium Project

HIGHLIGHTS

• During the Due Diligence (“DD”), conducted by CSA Global, five rock samples were collected and sent to ActLabs in Toronto for analysis.
  
• From these five samples, four samples included Li2O values above 3.78%, with the 2 highest results returned at 5.75% and 6.80%.
• The tenements comprising the Project are part of the larger Georgia Lake pegmatite district which is known to host late-stage pegmatite mineralised deposit types that contain rare elements including lithium, beryllium, tantalum, niobium and tin, including Rock Tech Lithium Inc’s (TSX-V: RCK) Georgia Lake project.
• The transaction was approved by shareholders at the Company’s GM on 23 September 2022, including the capital raising of $1.5 million.

The Thunder Bay region of Ontario has been the focus of lithium pegmatite exploration works with the delineation of hard rock lithium deposits including Rock Tech Lithium Inc’s Georgia Lake project in 2021, and Imagine Lithium Inc’s (TSX.V ILI) Jackpot Lithium project and works carried out by Ultra Lithium Inc (TSX.V-ULT) Georgia Lake and Forgan Lake Projects, to name a few.

Key Updates on the Due Diligence

CSA Global was engaged by BMM to execute a Due Diligence assignment of the Gorge Lithium Project located approximately 215 km northeast of Thunder Bay, Ontario, and approximately 60 km southwest of Geraldton, Ontario. The Project site is accessed via Trans Canada Hwy 11 with entry points along well-graded gravel logging roads starting 40 km north of Nipigon/Trans Canada Hwy 14/11 intersection (Gorge Creek Road) and Camp 51 Rd, approximately 33 km west of Geraldton.

Historical Data Review

The historical data review for the Project indicates that there is adequate historical information available to incorporate into a digital and georeferenced database for the purposes of planning initial exploration programs such as additional field mapping and prospecting, rock and chip sampling, and trenching and channel sampling of spodumene-bearing pegmatites in the project area.

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