Neo Lithium Corp V.NLC

3Q - Confirming even more clearly the significant potential

[Kevelle]

“With our second highly successful drilling campaign now completed, we have demonstrated that the 3Q Project is one of the largest lithium brine discoveries of recent times,” said Dr. Perez, President and CEO of Neo Lithium. “The Measured and Indicated Resource estimate increased 227% from the maiden resource, confirming even more clearly the significant potential that we envisioned for this project.”

“This expanded resource has a very strong positive impact on the current engineering program we are developing at the project,” said Gabriel Pindar, COO of Neo Lithium. “We will evaluate the potential for production expansion, since the mine plan defined in the preliminary economic assessment on the project (the “PEA”), announced on October 31, 2017, at 35,000 tonnes per year represents only 17% of the total measured and indicated resource.”