Two High Grade Li Zones For Advancement At WT Project

KELOWNA - Enertopia Corporation (ENRT) reported on the last 7 holes of our 12-hole 2023 drilling program at our WT Project just west of Tonopah, NV. This year's drilling program has confirmed two areas of the higher-grade mineralization have been successfully expanded upon from last year's inaugural drilling program. DH23-02, was a 600 foot, step out to the east from DH23-01. And returned 184 feet of 828 ppm Li, with the EOH value running 1,040 ppm. This zone remains open to the east, west and south and at depth.

Drill holes DH23-10 and DH23-11 confirmed that a large area of higher-grade mineralization, covering the Southwest part of our project, remains open to the south and west and at depth. Both holes have multiple intervals running above 1,000 ppm Li each.

The Company reported that after reviewing the drill data from the 2022 and 2023 drill programs it has come up with the following project understanding: 1) Confirmed two areas for future higher grade resource expansion. Area one around drill holes DH22-07, DH23-01, DH23-02 covering a distance of 1,000 feet from west to east, which is open to the west, east, south and at depth. 2) The second and much larger area of higher-grade material encompasses DH22-04, DH22-10, DH23-04 to DH23-12. This area covers an area 3,900 feet north south and 2,500 feet west to east, which remains open to our western property boundary ~600 feet to the west and our southern property boundary ~1,200 feet to the south.

"I am extremely pleased with the drill hole data from the 2022 and 2023 drilling programs as we are getting a better understanding of the Lithium claystone deposit. We look forward to a steady stream of news and advancements in 2023 not only from Enertopia but also from other Companies operating in the immediate area as work progresses," stated President Robert McAllister.