Additional Claims Staked At North Elko Lithium Project

ONTARIO – Peloton Minerals Corporation has staked and is filing for recording an additional 200 mineral claims at its North Elko Lithium Project (NELP) located in north-eastern Nevada, bringing the total to 642 mineral claims, or 53 square kilometers (20 square miles).
The new claims are across and contiguous with the former southern boundary of NELP and completely cover Bell Canyon and Bell Canyon Road. Peloton’s recent drilling included one hole beside the western portion of Bell Canyon Road. That hole intersected lithium values that were increasing at depth, with the bottom 155 feet of the hole averaging 618 ppm, and last sample at the bottom of the hole returning 1150 ppm lithium. The hole bottomed in claystone mineralization and will be drilled deeper on the next drill program.