Recharge Resources Ltd. announced the Inferred Mineral Resource Estimate (MRE) for its Pocitos I and II Lithium Brine Project ("Pocitos" or "the Project") located in Salta Province Argentina has been estimated at 143,000 tonnes of lithium metal, which when calculated for lithium carbonate equivalent ("LCE") is 760,000 tonnes - enough for a 38 year mine life at 100% recovery assumption. The inferred MRE technical report (the "Report") was authored by WSP Australia Pty Ltd. ("WSP") and calculated the MRE with a cut off grade of 100 ppm lithium at 78,000 tonnes of lithium metal or 414,000 tonnes of LCE. This would provide a 20-year mine life.

WSP indicated in the Report at the December 4, 2023, Li2CO3 price of USD 16,573/tonne, the annual revenue is estimated at USD338 million. Category, Domain, Sediment Volume (m3), Specific Yield (m3), Brine Volume (m3), Li Grade (mg/L) (1), Li Metal (kt) (2), Li Yield (kt), Mg Yield (kt), Inferred, Sand Gravel, 464,425,000, 14.9, 69,199,325, 107.7, 50, 7, 40, 1,602.7, 744, 111, 111, Clay High Li, 392,500,000, 6.1, 23,942,500, 131.4, 52, 3, 17, 1,448.8, 569, 35, Clay Low Li, 768,387,500, 6.1, 46,871638, 53.6, 41, 3, 13, 762.5, 586, 36, Total Inferred, 1,625,312,500, 140,031,463, 100.7, 143, 13, 70, 1,297.4, 1,899, 181. Grade values are the average estimated value for the domain in the Vulcan??

Block Model, (2) Total in -situ contained lithium metal, (3) Extractable LCE, (4) No recovery, dilution or other similar mining parameters have been applied, (5) Although the Mineral Resources presented in this Technical Report are believed to have a reasonable expectation of being extracted economically, they are not Mineral Reserves. Estimation of Mineral Reserves requires the application of modifying factors and a minimum of a Pre-feasibility Study (PFS). WSP has provided a very detailed block model of approximately 200m of depth in its inaugural NI 43-101 compliant MRE and estimated the cost to achieve the next milestone of a measure and indicate resource by drilling one exploration and one production well.

Total estimated cost of approximately USD 935,000 (plus taxes), or CAD 1,300,000 (plus taxes) for the proposed two well program. The report includes some of the cost estimates from Ekosolve Limited ("Ekosolve??") for a 20,000-tonne lithium carbonate plant. lithium carbonate per year, as previously announced under a letter of intent of offtake.

using solvent extraction that is inclusive of a HCl acid plant and a lithium carbonate plant. Block grades were checked visually onscreen using Maptek Vulcan?? software and viewed in cross -sections and plans against the drill hole composites grades (Error!

Reference source not found. of the WSP report).