Evergreen Lithium Limited has announced the first batch of assays from its Phase 3 geochemical soil sampling at Bynoe in the Northern Territory which has identified new large and significant lithium anomalism. These new targets are in the central area of the tenement, demonstrating the widespread nature of potential mineralisation in the Bynoe pegmatite field. The anomalies demonstrate a north to north-east trend, similar to that found elsewhere in the Bynoe peg Matite field.

Highlights: Evergreen's largest geochemical signatures identified to date in first 1007 soil samples in from Phase 3 soil sampling at Central Bynoe. Assay results show additional large-scale lithium (Li) trends to those previously identified. Additional infill and regional surface geochemical sampling completed with 2050 soil samples delivered for analysis.

Results pending. Regional and prospect-scale mapping programs completed with additional field activities currently underway. Modelling of the geochemical results and previous Ambient Noise Tomography (ANT) is underway aiming to identify large "blind" pegmatite systems which do not outcrop.

Preparation underway for the commencement of maiden drill program. Exploration at Evergreen's Bynoe Project has focused on the discovery of economic lithium mineralisation hosted in lithium-bearing lithium- caesium-tantalum (LCT) pegmatites. The Bynoe Project is located contiguous to Core Lithium's Finniss Project which contains an estimated Total Mineral Resource of 30.6Mt at 1.31% Li2O.

In 2022, Core Lithium, utilised ANT technology developed by Fleet Space Technologies at its Finniss Project.