Xplore Resources Corp. reported results from the initial reconnaissance mapping of the Surge Lithium Property ("Surge"), located approximately 110 kilometers northeast of Sioux Lookout, Ontario. In Q4, 2022, the Company completed an initial reconnaissance mapping and sampling program at Surge.

The program was undertaken to evaluate access to and outcrop exposure within the Surge property in advance of 2023 exploration budget preparation. Any outcrops of interest were sampled and submitted for multi-element analyses. A total of ten pegmatite outcrops were identified, five (5) of which were channel sampled.

The identified pegmatite outcrops were identified south of the St. Joseph Fault, on trend to known lithium-cesium-tantalum pegmatites currently being drilled at the adjacent Root Property owned by Green Technology Metals Ltd. The St. Joseph Fault, which defines the regional geological break between the Uchi and English River geological sub-provinces.

These sub-provincial breaks are considered prospective for LCT pegmatites, as demonstrated by GT1's recent reporting on exploration results. Trace element and element ratios from the five pegmatites sampled to date at Surge returned values within the tolerances specified by Cerný P. (1989) for fertile granites. The reader iscautioned that the limited data population may not be representative and further sampling and analysis is strongly recommended.

Sample results were also returned for the 1,500 metre long, east-west striking zone of disseminated to massive sulphide mineralization identified in eight (8) outcrops parallel to the SJF in the northern portionof the property. A total of sixteen (16), saw cut channel samples were collected fromoutcrop and submitted for analysis. Results identified anomalous copper, nickel and zinc mineralization in 81% of the sample population with anomalous gold mineralization identified in 25% of the samples submitted.

Surface samples were collected from outcrop exposure utilizing a diamond saw. Samples were delivered to Activation Laboratories Ltd. ("Actlabs"), Thunder Bay, ON. Canada, an ISO/IEC17025:2017 certified analytical laboratory with extensive experience in geochemical analysis ofexploration samples.

All sample preparation and analysis was completed at the Thunder Bay location using the following analytical methods: Ultra trace 3 Instrumental Neutron Activation Analysis (INAA)+ICP-OES and ICP-MS analyses by 4 acid digestion Ultratrace 7 Peroxide Total Fusion ICP-OES+ICP-MS for total metal recovery.