Lithium Mineralization In Sediments And Groundwater At The Gemini Project

VANCOUVER - Nevada Sunrise Metals Corp. has received final geochemical analyses for lithium mineralization in sediments and groundwater collected from borehole GEM22-03, drilled at the Gemini Lithium Project located in the Lida Valley basin in Esmeralda County, Nevada. Drilling of borehole GEM22-03 was completed to a depth of 1,620 feet (493.90 meters) on December 16, 2022.

Highlights of GEM22-03: Borehole GEM22-03 intersected 929.80 parts per million ("ppm") lithium-in-sediment over 1,130 feet from 280 feet (85.37 meters) to 1,410 feet (344.51 meters), including 1,342.20 ppm lithium over 350 feet (106.71 meters) and 1,955 ppm lithium over 30 feet (9.15 meters); and GEM22-03 was completed at a location approximately 0.47 miles (0.76 kilometers) north of GEM22-01 and 1.14 miles (1.83 kilometers) north of GEM22-02, thereby successfully extending the lithium mineralized zone to the north.

Groundwater sample analyses showed anomalous concentrations of lithium in groundwater flows intersected within the hole, including two significant intervals of 120 milligrams/liter lithium ("mg/L") in a water flow of 14.22 gallons per minute ("gpm") from 1,100 to 1,120 feet (335.37 to 341.46 meters), and 110 mg/L lithium in a water flow of 16.4 gpm from 1,200 to 1,220 feet (365.85 to 371.95 meters).