Idaho Champion Gold Mines Canada Inc. announced that the Company signed Binding Letters of Intent to acquire prospective properties in the pegmatite- rich Eeyou Istchee James Bay territory of Quebec. The prospective properties are adjacent to the previously acquired Blanche and Charles Projects and are comprised of 235 claims (See Figure 1). Idaho Champion now controls 522 contiguous claims covering 283.13 km2 (See Figure 2) in the La Grande Greenstone Belt, rich in lithium pegmatite and including Patriot Battery Metals' ("Patriot") Corvette Project which recently intersected 156.9 m at 2.12% Li2O (176.4 m to 333.4 m), including 25.0 m at 5.04% Li2O or 5.0 m at 6.36% Li2O (CV22-083).

All Idaho Champion properties have good infrastructure, including power and road access. As part of the LOIs, Idaho Champion will acquire 235 claims for cash consideration of $70,000, 7,500,000 common shares of the Company, and 250,000 warrants priced at CAD 0.15 for two years from the date of signing of the Definitive Purchase and Sale Agreement and claims transfer. The Vendors will retain a 2% net smelter royalty.

The Company has the option to repurchase 1% of the NSR from the Vendors for $1 million. Subject to closing, the Company will issue 445,000 common shares of the Company in connection with Finder's Fees. Closing of the acquisition is subject to all the required regulations, including a 45-day due diligence period and regulatory and stock exchange approval.

Patrick Highsmith, Certified Professional Geologist (AIPG CPG # 11702) and director of the Company, is a qualified person as defined by National Instrument 43-101. Mr. Highsmith has helped prepare, reviewed, and approved the technical information in this news release.