Newpath Resources Inc. announced that it has successfully mobilized its first field crew to the Alpha/Bravo Project for preliminary geological reconnaissance utilizing the extensive road network on the property. The Alpha/Bravo claim group (the Project) is comprised of 2,974 claim units covering an area of 63,118 Ha (approximately 631 square kilometres), making it one of the larger, early-stage lithium exploration land packages in the region. This initial site visit involved assessing the following: Road access for exploration sequencing; Confirming the accuracy of 20-year old geological mapping; Outlining areas of good rock exposure for sampling; Identifying favourable intrusive units and trends; Reviewing available mediums for surface geochemical sampling techniques, including glacial till, soil or biogeochem; and Assessment of streams and catchments leading into lakes where government lake sediment sampling has previously identified anomalous lithium, cesium and rare earth elements.

In addition, this initial assessment will facilitate the deployment of additional field crews, scheduled to arrive in late August 2023 /early September 2023, to carry out a project-wide prospecting, mapping and geochemical sampling program. In preparation for the summer field season, the Company has compiled and re-processed airborne magnetic, radiometric, frequency domain EM and LIDAR data made available from the Ontario Geological Survey (OGS) and Geological Survey of Canada (GSC) over the entire Alpha/Bravo project area. The Company has also acquired high-resolution satellite imagery that will be used in tandem with the airborne geophysics and LIDAR to facilitate mapping on the ground.

To date, more than 170 pegmatite occurrences in outcrop have been identified on the Project from historic mapping. Particular focus will be given to areas where clusters of these pegmatite occurrences have been identified adjacent to and within mapped muscovite-bearing granitic rocks that are associated with lithium- enriched pegmatites within the Quetico subprovince. Many of the pegmatite occurrences identified from historical mapping are also spatially associated with the anomalous lithium and cesium in lake sediment samples.

In most instances, it is likely that Newpath's crews will be the first to focus on the potential for lithium or other critical elements. The first-pass reconnaissance assessed some of these pegmatite occurrences, recognizing that some should be given priority follow-up. during the late summer field season as part of a property-wide mapping and prospecting program.

On a regional scale, the Project is situated on the western side of the Nipigon Rift Basin and Proterozoic Sibley Group sedimentary rocks that overlie a rifted, down-dropped segment of the Quetico Subprovince. Midcontinent Rift-related intrusive rocks that host many of the advanced PGM projects in the immediate area, also occur on portions of the Project. The underlying Archean Quetico Subprovince has been the focus of much of the Critical Mineral exploration activity in Ontario and is host to many early-stage and advanced Lithium projects on the eastern side of the Nipigon Rift Basin, including Rock Tech Lithium's Georgia Lake Project, (Indicated resource of 10.6MT of 0.88% Li2O & Inferred mineral resource of 4.22MT of 1.0% Li2O and Imagine Lithium's Jackpot Property, which has a historical resources of 2 Mt of 1.09% Li2O at the main Jackpot Zone, and 750,000 tons grading 1.38% Li2O at the Vegan/Newkirk showing.