Lake Winn Resources Corp. ('Lake Winn' or the 'Company') (TSXV: LWR.H) (FSE: EE1A) is pleased to announcefinal approval by the Government of the Northwest Territories regarding the stakingof an additional 4,550 hectares.

Prior to this the Company controlled 2,530 hectaresbringing the total land position to 7,080 hectares.

The Little Nahanni Lithiumproject ('LNLP') located in the Northwest Territories on the NWT/Yukon Border covers a13kmlong, and up to 500m wide, lithium, cesium, and tantalum ('LCT') pegmatite veinswarmwith many individual mineralized veins up to 10m thick. The project has had historicdrilling and channel sampling that confirm significant lithium, tantalum, cesium, andtin. Based on the encouraging historic results and the large footprint of this LCTpegmatitesystem, Lake Winn is in preparation for an estimated 4,000m drill program. Approximately 25% of the SQUID magnetometer survey have been received andreleased. The balance of the surveyisnow complete and results are expected shortly. The preliminary data has shown striking linear magnetic responses, with one zoneliningup with the known pegmatite trend and with a second stronger linear anomaly with no known geological explanation. Field crews will be deployed toinvestigate this potentially new area of mineralization.

About Lake Winn Lake Winn Resources Corp. is a mineral exploration company, focusing on advancingits' 100% owned Little Nahanni Lithium Project, Northwest Territories, Canada.

Contact:

Tel: +1 (604) 218-8772

Email: info@lakewinn.ca

Cautionary Statement Regarding 'Forward-Looking' Information

This news release contains 'forward-looking statements' including but not limitedtostatements with respect to Lake Winn's plans, the estimation of a mineral resource, andthe success of exploration activities. In this release, it is not certain if the kimberlitediscovered will be economic or not as this depends on many factors. Forward-lookingstatements, while based on management's best estimates and assumptions, aresubject to risks and uncertainties that may cause actual results to be materially different fromthose expressed or implied by such forward-looking statements. There can benoassurance that such statements will prove to be accurate, as actual results andfutureevents could differ materially from those anticipated in such statements. Factors that could affect our plans include our potential inability to raise funds as intended, andinsuch event, we may require all funds raised, if any, to be used for working capital ratherthan the intended uses as outlined. Accordingly, readers should not place unduereliance on forward looking statements. Lake Winn Resources Inc. undertakes noobligation or responsibility to update forward looking statements, except as requiredbylaw.

(C) 2023 Electronic News Publishing, source ENP Newswire