Reflex Advanced Materials Corp. announced that it has received approval for its exploration drilling program from the Bureau of Land Management (BLM) and the Montana Department of Environmental Quality (DEQ) and a formal Authorization to Proceed with its highly anticipated summer 2023 drill program (the, "Program") for the Ruby Graphite project in Montana, USA. The Ruby Graphite project is the asset in the Company's portfolio, known for being a past producing graphite mine until 1948 and being the only known source of vein and flake graphite in the United States.

With the receipt of the authorization, the Company can now advance its exploration efforts and execute its initial drill program to begin to assess the economic viability of the Ruby Graphite project. The drill program, scheduled to commence in the coming days, will be 3500m total and is aimed at defining potential graphitic mineralization, determining the project's geological characteristics, and enhancing the overall understanding of the Ruby graphite project. The company has lined up all drilling contractors and supplies in the starting blocks ready for the receipt of this drilling authorization.

Thanks to the organized preparation of all pertinent personnel and supplies, the teams will start the setup of the drill locations immediately.