LITHIUM LTD. announced that the sample results from its second well are consistent with the lithium concentrations from its first well and the historic results across the Leduc Reservoir. The second well, located approximately 20 kilometres south of the first well in the Clearwater Project Area in the Bashaw District, was drilled in the summer of 2022. Based on brine samples retrieved from three zones, the P50(1) lithium concentration from E3 Lithium's (E3) second well is 74 mg/L. For the zone intervals and concentration results.

The brine samples were analyzed by a third-party certified laboratory, following independently verified sample acquisition procedures that maintained a strict chain of custody, in accordance with The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) guidelines.