E3 LITHIUM LTD. reported it has completed field testing of its proprietary Direct Lithium Extraction (DLE) technology at its pilot plant. E3 Lithium provides an overview of the results below, which have met and exceeded its Key Performance Indicators (KPIs). E3 Lithium's DLE Test Results.

E3 Lithium's D LE Test Results. E3 Lithia's DLE Test Results. The table below outlines a summary of E3 Lithium's Dle full results.

E3 Lithium'sDLE system has demonstrated to achieve a high lithium recovery at much higher flow rate ratios. A higher flow rate ratio can have a significant positive economic impact on the design of a commercial facility for a given recovery. The concentration of lithium and that of the impurities varied throughout the testing based on what the system was testing for, represented here with some indicative results from the testing.

Next steps: The Company plans to continue testing an additional third-party technology through the remainder of 2023 and likely into early 2024. E3 Lithium is reviewing the results from the two DLE systems already tested and will compare them with the results of the third system once complete to determine the cost implications of integrating them into the full process flow sheet. With the positive results from these two systems now complete, the Company has paused site operations and will continue testing the third system off-site to realize the cost savings associated with avoiding winter operations.

Given the learnings and success from the field pilot plant thus far, the Company can execute an off-site pilot with similar operating conditions and quality of data with the additional benefit of cost savings. Based on the results of testing, commercial readiness of the systems and a fulsome understanding of the associated economics, the Company will decide which technology to pursue for its first commercial facility. E3 Lithium's goal is to produce high purity, battery grade lithium products to power the growing electrical revolution.

With a significant lithium resource and innovative technology solutions, E3 Lithium has the potential to deliver lithium to market from one of the best jurisdictions in the world. The Preliminary Economic Assessment (PEA) for the Clearwater Lithium Project NI 43-101 technical report is amended Sept 17, 2021. Gordon MacMillan, P.Geol, QP, Fluid Domains Inc. and Grahame Binks, MAusIMM, QP (Metallurgy), formerly of Sedgman Canada Limited (Report Date: June 15, 2018, Effective Date: June 4, 2018 Amended Date: September 17, 2021).

The mineral resource NI 43-101 Technical Report for the North Rocky Property, effective October 27, 2017, identified 0.9Mt LCE (inferred). The mineral resource NI 43 -101 Technical Report for the Bashaw Property, effective October 27, 2018, identified 0.9MT LCE (inferred). The Company plans to continue testing an additional third-party technology through the remainder of 2023 and likely into early 2024.

E3 Lithium is reviewing the results from the two DLE systems already tested and will compare them with the results of the third system once complete to determine the cost implications of integrating them into the full process flow sheet.