Enterprise Metals Ltd. announced that additional follow-up soil sampling has further defined the four pegmatite zones, announced on 21 November 2022. Assay results of 50 follow-up soil samples have now been added to the existing 235 soil samples previously collected. These additional assay results have resulted in further enhancement and definition of the location and tenor of the Enterprise Li rich soil zone discoveries.

While undertaking the follow-up sampling and mapping, Enterprise's geological team located a number of new pegmatite subcrops which add confidence to the developing geological interpretation. Geological mapping is in progress to best locate pegmatite subcrop samples to complement the existing soil geochemical database. The mapping and prospecting has determined that the surface expression of the weathered pegmatites is a distinctive pale soil-type with widely dispersed gum trees.

Enterprise is encouraged by the scale of the lithium anomalism and host pegmatite system. The results from the recent sampling clearly warrant high-priority follow-up to delineate pegmatite zonation and fractionation. The Company has planned a non-ground-disturbing follow-up soil sampling program using Toyota mounted auger to recover pegmatite rock chips for analysis and petrology.

This sampling program is subject to approval from the Marlinyu Ghoorlie Native Title Claimant.