Cruz Battery Metals Corp. announced that the first hole of the phase II drill program on the 100% owned, 8,135 total contiguous acre 'Solar Lithium Project' in Nevada, has encountered 700 continuous feet of the targeted potential lithium- bearing claystone. This 700-foot claystone intercept is more than double the length of any previous claystone intercept encountered on Cruz's phase I drill program (announced December 17, 2021) and is in very close proximity to the border of American Lithium Corp.'s (LIACF - OTC, LI-TSX.v) TLC project.

On May 21, 2020, American Lithium Corp. announced a maiden resource estimate, prepared by Stantec Consulting Ltd., for the TLC lithium claystone property containing 5.37 million tonnes lithium carbonate equivalent (LCE) measured & indicated with another 1.76 million tonnes LCE inferred. The lithium-bearing claystone formation was encountered in all the holes drilled during Cruz's first phase of drilling on the 'Solar Lithium Project', including values as high as 1,300 ppm/Li (announced on January 17, 2022).

Cruz Management cautions that past results or discoveries on properties in proximity to Cruz may not necessarily be indicative of the presence of mineralization on the Company's properties.