Patriot Lithium Limited reported on the successful extension of its Ontario lithium portfolio, adding 830km2 to the previous 334km2 through the staking of additional lithium prospective land, including four new Projects, located in proven and emerging lithium districts in NW Ontario. All Projects are 100% owned by the Company. PAT notes that due to a clerical error in the previous estimate of the tenement sizes, the size of the tenement areas announced on 9 January 2023 was incorrect.

The corrected tenement areas are outlined below for the original Project areas as well as in comparison to the new Project areas. The Gorman Project now covers 72 multi-cell mining claims for a total area of ~315km2. The claims are located in an emerging lithium district along strike from Frontier Lithium's PAK lithium project (26Mt at 1.6% Li20 Measured & Indicated + 32.5Mt at 1.4% Li20 Inferred).

Frontier Lithium has partnered with the Ontario government and First Nation communities to deliver major infrastructure upgrades, with power plant and road construction projects planned or underway. The emerging 'Electric Avenue' lithium district, host to the PAK lithium project, contains several lithium-caesium-tantalum (LCT) pegmatites over a total strike length of at least 60km with potential for additional discoveries along strike to the NW and SE. Patriot's Gorman Project is located ~60 to 65km to the NW of Frontier Lithium's PAK, Spark and Bolt LCT pegmatites and ~39km from Frontier Lithium's Pennock Lake LCT pegmatite.

Additional LCT and rare metals pegmatites, recently identified by Midex Resources 3 occur within 2.5 to 23km of PAT's Gorman Project. The Gorman Project covers a ~45km-long segment of the Favourable Lake greenstone belt, which forms part of the Sachigo Terrane, Archean Superior Craton. The terrane is bound by the Bearhead Lake fault zone, a regional-scale structure that is interpreted as a first-order control on the emplacement of LCT pegmatites and their parental granitic intrusions.

The addition of 30 new claims at the Gorman Project, covering ~137km2, expanded the Project to capture several mapped 4, 5 pegmatitic granite occurrences, including a potentially fertile, peraluminous, coarse grained to pegmatitic two-mica granite, which is similar in nature to and along strike from the Pakeagama Lake granite that hosts Frontier Lithium's PAK deposit. Fertile granites are interpreted to be the parental rocks that give rise to LCT pegmatites. The enlarged Forester Project now covers 36 multi-cell mining claims for a total area of ~145km2.

The Project is situated ~17km SE of Newmont Corporation's Musselwhite gold mine where diamond core drilling completed in the year 2000 identified a columbite-tantalite- and spodumene-bearing pegmatite swarm within an area of at least 6km by 4km, demonstrating the hard rock lithium potential of the broader district (Taylor and Henham, 2001). The Forester Project covers a ~20km-long segment of the North Caribou greenstone belt, which forms part of the North Caribou Terrane, Archean Superior Craton. The terrane is bound by the Akow Lake fault zone, a regional-scale structure that may have played an important first- order control on the emplacement of LCT pegmatites and their parental granitic intrusions.

The six added claims cover an area of 19km2 and include numerous mapped 8 granite pegmatites and granitic pegmatites. The Birkett Project which comprises of six mining claims for a total area of ~25km2, is located immediately west of the Allison Lake Batholith and a series of pegmatite swarms, known as the Allison Lake and Jubilee Lake pegmatite fields, which occur along the western margin of the batholith.