Marvel Provides Updates On Field Crew Activities On The Duhamel Ni-Cu-Co-PGE Property, Lac St. Jean, QC |

Marvel Discovery Corp. (TSXV:MARV)(Frankfurt:O4T)(OTCQB:MARVF); ("Marvel" or the "Company")is pleased to report on findings from our most recent field campaign on the Duhamel Ni-Cu-Co-PGE and Ti-V-Cr property which is located 350 kilometres (km) north of Quebec City, QC (Figure 1

Figure 1. Regional location of the Duhamel Property

Following the recently completed interpretation of airborne magnetic and TDEM surveys which identified several high priority target areas, Marvel sent a prospecting field crew for ground follow-up. The field crew located a new showing within the Houliere Block coincident with a newly identified airborne EM anomaly. The field crew then utilized a Beep Mat to pinpoint the exact location of the near surface zone and utilized a portable XRF instrument to immediately determine the potential prospectivity of this new showing. The showing is characterized by weathered, ultramafic rocks which the prospectors have named the Rottenstone Showing. XRF analysis of select samples have shown highly anomalous copper, nickel and cobalt, typical components of a magmatic Ni-Cu sulphide system. Samples have been sent to the laboratory for a priority analysis.

Next steps include stripping and cleaning the mineralized zone followed by channel sampling to determine dimensions. In addition, prospecting will continue on the eastern Duhamel section of the property.

Mr. Karim Rayani, President and CEO commented, "We are absolutely thrilled with the results from our inaugural field prospecting program at Duhamel, and to find a new showing within the first week bodes very well for the remainder of our field campaign. While highly anomalous XRF readings from our new showing will need to be confirmed by laboratory analysis - if the stripping indicates that the new showing is more extensive than what is presently exposed, we will be immediately applying for drill permits while expanding our field prospecting program".

The Duhamel project is located between Chutes-des-Passes and Pipmuacan Reservoir deformation zones (or areas) included in central part of Proterozoic Grenville Geological Province. The Duhamel Property is characterized by the presence of large mafic to ultramafic intrusive rock bodies located in northern margin of the Saguenay‐Lac‐Saint‐Jean (SAGLSJ) Anorthosite Suite, one of the largestanorthosite intrusive bodies in the world. The Chute-des-Passes-Pipmuacan reservoir areas contains numerous massive sulfide and iron oxide mineralization occurrences recognized and documented by the Quebec government (Sigeom, Figure 2).

Mike Kilbourne, P. Geo, an independent qualified person as defined in National Instrument 43-101, has reviewed, and approved the technical contents of this news release on behalf of the Company.

Marvel, listed on the TSX Venture Exchange for over 25 years, is a Canadian based emerging resource company. The Company is systematically exploring its extensive property positions in:

The Company's website is: https://marveldiscovery.ca/

ON BEHALF OF THE BOARD Marvel Discovery Corp. "Karim Rayani" Karim Rayani President/Chief Executive Officer, Director Tel: 604 716 0551 email: k@r7.capital

Certain statements in this release are forward-looking statements which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Forward-looking statements in this press release relate to, among other things: completion of the proposed Arrangement. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. There is no assurance any of the conditions for closing will be met. Forward-looking statements reflect the beliefs, opinions, and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Project diversity has become one of the resource industry’s best strategies for minimizing risks and maximizing exposure to exceptional discoveries associated with mineral exploration projects. Companies with a diversified portfolio covering battery metals, gold, energy and rare earths demonstrate that mining players don’t always have to put all their eggs in one basket.

Diversification across world-class mining countries like Canada presents even more exceptional economic upside. Investors can gain exposure from Ontario’s prolific multi-million-ounce gold camps while leveraging the country’s hottest iron and copper mines in Newfoundland. With the right company, operating a broad portfolio presents the best of all worlds.

One such company is Marvel Discovery (TSXV:MARV, Frankfurt:O4T1, OTCQB:MARVF), a Canadian mineral exploration company focused on generating, acquiring and exploring mineral opportunities across Canada. The company holds a robust project portfolio covering gold, nickel, PGE’s rare earth and battery metals.

The company’s projects host mineral richness across a wide spectrum of metals and leverage lengthy histories of mining and exploration in prolific jurisdictions, which many are seeing an exciting revitalization of.

Its outstanding gold project portfolio provides the company even more upside potential. Leveraging advantageous positioning in two of Canada’s hottest gold mining provinces, its Blackfly and Camping Lake properties in Ontario and Slip and Victoria Lake gold projects in Newfoundland pose exceptional exploration and high-grade gold mineralization opportunities.

Marvel Discovery’s flagship Blackfly gold property is located in the historic Atikokan district in Ontario. Blackfly is strategically positioned in one of the province’s earliest gold camps and in proximity to Agnico Eagle’s Hammond Reef gold deposit, which has an estimated open pit mineral reserves of 3.3 million ounces of gold (123.5 million tonnes grading 0.84 g/t gold).

The Slip gold project is 10km west of New Found Gold’s (TSXV:NFG) Queensway project, which is “the largest ever consolidation of property within the Central Newfoundland Gold Belt.” Recent drill results at Queensway continue to demonstrate its potential to be a significant high-grade gold discovery. Historic work at Slip Gold indicate that both Queensway and Slip Gold are hosted in similar structural settings.

The Victoria Lake gold project in Newfoundland is also another one to highlight from Marvel Discovery’s portfolio. Historic work at Victoria Lake has indicated that it is hosted within similar structural settings to Marathon Gold’s (TSX:MOZ) Valentine Lake gold deposit, which is only 18 km away. Valentine Lake is poised to be the largest gold mine in Atlantic Canada. Preliminary grab samples from Victoria Lake ranged in value from 15.5 to 24.9 g/t gold and 18.6 g/t to 139.9 g/t silver.

Future plans for the company include the continued development of its flagship Blackfly and secondary Slip gold project. In May 2021, Marvel Discovery received its work permit issued by the Ontario Ministry of Northern Development and Mines for Blackfly and its 2021 exploration program is ongoing. First results have been reported, with 40 of the 78 samples returned assays greater than 100 ppb gold, and 7 samples graded from 1.00 g/t and up to 2.99 g/t gold.

The company also acquired a significant land position within the Hope Brook Area where it staked 763 claims (19,075 hectares) which are strategically located and contiguous to First Mining Gold and to Sokoman Minerals-Benton joint venture. The new land position is hosted within the Exploits Subzone of the central Newfoundland gold belt. The property is proximal to two major structures linked to significant gold prospects (Cape Ray, Matador Mining) and deposits (Hope Brook, First Mining) in southern Newfoundland.

Marvel Discovery’s six rare earth, nickel and uranium projects span across the entire country. This diverse spread of assets includes the Serpent River, Wicheeda North, Duhamel, Uranium City and Ungava & Overtime properties. The projects offer the company excellent exposure to Canada’s most prospective base and battery metal mining jurisdictions, including Ontario, British Columbia, Quebec and Saskatchewan.

The Blackfly gold property comprises 64 unpatented mining claims totaling 1,296 hectares near the historical Atikokan gold camp in Ontario, Canada. The property is located along and within the Marmion Lake fault zone, approximately 13.6 kilometers southwest along the strike of Agnico Eagle’s Hammond Reef gold deposit, which has an estimated 208 million tonnes grading 0.67 grams/tonne gold containing 4.5 million ounces of gold

Initial work documented by D.K. Burke in 1941 reported two gold vein shoots to the north and south of the property. The southern shoot averaged 11.9g/t gold over a thickness of 0.33 meters along a strike of 21.6 meters and the northern shoot averaged 13.44g/t gold over 0.27 meters within a 32-meter strike length.

The next step for the Blackfly gold project is to validate the 2012 drilling results through exploration. The first batch of 78 assay results from Blackfly were released in June 2021, and 40 of the 78 samples returned assays greater than 100 ppb gold.

The project presents exciting exploration potential as a high-grade system that has never been drilled to depth. Marvel has the option to earn 100 percent in the project subject to cash and exploration conditions.

The Slip Gold project spans approximately 3,700 hectares in the mining-friendly and resource-rich province of Newfoundland, Canada. The property leverages strategic positioning within the Exploits Subzone, a hotspot for a potential district-scale gold camp. Likewise, Slip Gold boasts similar structural settings to New Found Gold’s Queensway project and is tied to Marathon Gold, which is the northern Atlantic’s largest gold deposit hovering 4.6 million ounces.

The project hosts gold mineralization within altered intrusive rocks and quartz veins, historically sampling up to 44.5g/t gold at surface level. Additionally, Slip lies along a major regional structural thrust feature known as the Dog Bay Line and displays characteristics and gold values aligned with possible orogenic epizonal-type deposits. This unique geological profile warrants further exploration and development of the tremendous land package.

Marvel plans to begin exploration immediately and conduct the first phase of prospecting along the gold-bearing trends. The company plans to initiate soil and rock geochemistry and structural mapping to narrow down prospective grids for airborne magnetic and TDEM geophysical surveys and later drill targeting with the data collected.

The Serpent River project is located in Elliot Lake, Ontario and hosts a 20 million tonne uranium historical resource. This geological profile is consistent with high levels of chromium and nickel as well. With established mining companies nearby, the company is hopeful Serpent River will demonstrate similar high-quality mineralization and development opportunities.

Marvel has spent upwards of CAD$300,000 in VTEM surveying across the property’s six-kilometer-long and three-kilometer-wide anomaly. This unique Pecor anomaly is a strong regional magnetic high that has never been drilled at depth.

The Wicheeda North project is a rare earth elements property that spans 1,444 hectares of claims in the Cariboo mining division, British Columbia. The claim block adjoins the Defense Metals (TSXV:DEFN) Wicheeda rare earth mineral project hosts an indicated 4.9 million tonne rare earth deposit in Prince George, British Columbia.

Past exploration on the property includes airborne geophysical surveying from 2010, which successfully mapped Wicheeda’s magnetic and conductive geological properties across a 29.4 square kilometer area. The property remains highly prospective for Marvel.

For the past 15 years, Karim Rayani has focused on financing domestic and international mineral exploration and development. Most recently, Rayani was head of Bloomberry Capital Group, a Vancouver-based merchant bank and capital advisory firm. Prior, he worked independently as a management consultant and Financier. He is currently chair of R7 Capital Ventures Ltd; director of Fiber Crowne Manufacturing Inc., chair of District 1 Exploration Corp. Rayani has developed an extensive network of contacts throughout North America and Europe, focusing on Corporate Development and Finance.

Geoff Balderson has over 20 years of capital markets experience, having worked in public and private practice. Balderson is a senior officer and director of several TSX Venture listed companies and currently runs a private consulting practice Harmony Corporate Services Ltd., providing corporate advisory, accounting, filing and secretarial services to many publicly traded companies. Before, Balderson was an investment advisor at Union Securities and Georgia Pacific Securities and a University of British Columbia graduate in Marketing and Sales Management.

Gary Musil has more than 30 years of management and financial consulting experience and has served as an officer and director on numerous public companies since 1988. This experience has resulted in overseeing the financial aspects and expenditures on exploration projects in Peru, Chile, Eastern Europe, British Columbia, Ontario, Quebec, and New Brunswick (Canada). Prior, he was employed for 15 years with Dickenson Mines Ltd. and Kam-Kotia Mines Ltd. as a controller for the producing silver-lead-zinc mine in the interior of British Columbia, Canada.

Mark Luchinski holds degrees in Biochemistry & Microbiology from the University of Victoria and an Associates degree in Chemistry from Camosun College in British Columbia. Luchinski is an experienced board member, having served as an officer and director of many TSX Venture listed issuers. He is well versed in corporate governance, compliance and the administration of publicly traded companies.

Fraser Rieche has a BA in Economics and has 25 years of experience in international project management, logistics planning and corporate finance, having worked with resource-based industries and financial institutions worldwide. He has helped develop and finance mining projects in both North America and South America along with energy projects, oil and gas projects, fisheries projects and forestry projects in many different areas of the world.

Marvel Discovery Corp. (TSXV:MARV)(Frankfurt:O4T)(OTCQB:MARVF); ("Marvel" or the "Company") is pleased to update shareholders on Marvel's equity holding Power One Resources Corp., on its listing application. Power One was wholly owned subsidiary of Marvel Discovery and received its final approvals on the plan of arrangement (Spin-Out) dated April 23, 2021

As part of the transaction, Marvel Shareholders received 16 million common shares, with Marvel receiving 5 million common shares for transferring ownership of the Serpent River Pecors project (Elliot Lake Ont.), and the Wicheeda project (Prince George, B.C.), to Power One.

Chief Executive Officer Karim Rayani Comments; "We are thrilled to finally move forward on Power One, we believe these projects have tremendous potential. We are in the right place at the right time - the resurgence of Uranium as a clean energy and the growing demand and interest in green and critical elements for a cleaner future is not going away. We have oversubscribed our offering and look forward to reporting back on a final approval date".

Marvel has made great progress to date, and we are now finalizing the response back to TSX.V for listing of Power One's shares. We believe this to be highly advantageous situation for Marvel and its shareholder as this further protects our share capitalization without the expenditures needed to advance these projects. We still hold a sizeable equity stake in Power One and will remain as operator.

On January 1st, 2022, Power One arranged a non-brokered private placement to raise gross proceeds of up to $800,000. Power One closed that offering February 1st, 2022 and has since increased it taking in $ 1.1 million in subscriptions. Please see www.sedar.com for more information.

The Serpent River Pecors project (the "Project") is located 15 kilometres east of Elliot Lake, Ontario. Limited drilling by Rio Algom in 1974 at the Pecors East showing (MDI41J08NW00060) on the Project has reported a non-National Instrument 43-101 compliant historic resource of 20 million tonnes (Mt) averaging 0.037% uranium. Immediately west of the Serpent River Pecors Project is Pele Mountain's Eco Ridge uranium/rare earth element project. In July 2011, Pele Mountain announced the positive results of a preliminary economic assessment study outlining 34.6 Mt at grades of 0.040% U3O8 and 1,455 parts per million TREO (total rare earth oxides)1.

Contact-style nickel-copper-plus-or-minus-platinum-group-element mineralization on the Project is supported by drilling in 2015 by Marvel Discovery. Hole P15-23 intersected 0.33 gram per tonne palladium plus platinum plus gold (g/t Pt-Pd-Au), 0.11% Cu and 0.04% Ni over 12 metres (m). This style of mineralization was intersected in gabbroic rocks within the Pecors anomaly. The Pecors anomaly is a strong regional magnetic high that extends for 18 kilometres (km) southeast-northwest and up to 4 km wide. The anomaly is located 15 km west of the East Bull intrusive suite, where recent drilling by Grid Metals Corp. (CNX:GRDM) intersected 14.0 m of 1.2 g/t palladium equivalent (Pd_Eq) in hole EBL21-10 including a 1.0 m interval of 7.0 g/t Pd_Eq (see press release dated June 17, 2021). Canadian Palladium (CNX:BULL) Canadian Palladium's recent drilling results (see press release dated Sept. 22, 2021) reported a 19 m intersection grading 1.77 g/t Pd_Eq from its East Bull property. This result appears to be an extension to its NI 43-101 compliant inferred resource estimate of 11.1 million tonnes grading 1.46 g/t Pd_Eq2.

The Wicheeda property is located approximately 80 km northeast of the city of Prince George and approximately 50 km east of the community of Bear Lake, B.C. The property is readily accessible by all-weather gravel roads and is close to major infrastructure, including power transmission lines, railway, and major highways. Geologically, the project is situated in the Foreland belt and within the Rocky Mountain trench, a major continental geologic feature. The Foreland belt contains part of a large alkaline igneous province stretching from the Canadian Cordillera to the southwestern United States and hosts several carbonatite and alkaline complexes. These include the Aley (niobium), Rock Canyon rare earth element minerals (REE), and Wicheeda (REE) alkaline complexes which contain the high concentrations of REE's.

In 2010, an airborne geophysical survey was conducted by Aeroquest and soil geochemical sampling by Electric Metals on behalf of Montoro was completed over a portion of the Wicheeda claims. The airborne geophysical program consisted of 654-line km of AeroTEM helicopter-borne, time-domain electromagnetic, plus radiometric surveying flown at high-resolution 50-metre line spacing. The survey covered a 29.4-square-kilometre area and was successful in mapping the magnetic and conductive properties of the geology. Within the assessment report from 2010 (No. 32361), comments from key observations and notes from Intrepid Geophysics include: "The electromagnetic data suggests that there may be an unmapped fault in the centre of the block. The magnetic data shows a subtle feature in the centre of the block, slightly offset from the interpreted fault. It is recommended that the airborne survey be followed up by a geochemical survey and property-scale mapping."

Mike Kilbourne, P. Geo, an independent qualified person as defined in National Instrument 43-101, has reviewed, and approved the technical contents of this news release on behalf of the Company.

Marvel, listed on the TSX Venture Exchange for over 25 years, is a Canadian based emerging resource company. The Company is systematically exploring its extensive property positions in:

The Company's website is: https://marveldiscovery.ca/

ON BEHALF OF THE BOARD Marvel Discovery Corp. "Karim Rayani" Karim Rayani President/Chief Executive Officer, Director Tel: 604 716 0551 email: k@r7.capital

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Marvel Discovery Corp. (TSXV:MARV)(Frankfurt:O4T)(OTCQB:MARVF); ("Marvel" or the "Company") is pleased to report that a field crew has been mobilized to the Duhamel Ni-Cu-Co and Ti-V-Cr property (the ‘Property') located 350 kilometres (km) north of Quebec City, QC (Figure 1). Following the interpretation of the TDEM and magnetic airborne survey, Marvel increased its land position in the Saguenay-Lac-Saint-Jean Anorthosite Suite from 42 claims to 102 claims for a total of 5,300 hectares (see press release dated February 15, 2022

Figure 1. Regional location of the Duhamel Property

Late-off time TDEM response anomalies have outlined 7 linear target trends (A through G) that strike northwest-southeast for several kilometres.

Figure 2. Late-off time TDEM response anomalies on the Duhamel Ni-Cu-Co Property.

These Late-off time TDEM responses coincide well with the edges of magnetic highs, making them targets of high merit for massive sulphides (Figure 3).

Figure 3. Late-off time TDEM response anomalies over tilt angle derivative magnetics.

Compilation of historical drilling and mineralized showings reveal remarkable coincidence of these 7 trends with recorded Ni-Cu-Co bearing massive to semi-massive sulphides (Figure 4).

Figure 4. TDEM-magnetic trends coincident with recorded Ni-Cu-Co mineralization and Fe-Ti (V, Cr) mineralization. True widths of mineralization is not yet known.

Crews have been mobilized to the property to confirm historic drill holes that contain highly anomalous Ni-Cu-Co intersections, confirm the nature and significance of Ni-Cu-Co showings, survey those areas of high merit with a Beep Mat and prospect the newly interpreted TDEM trends for new Ni-Cu-Co mineralization. If the historical drill holes can be located, low frequency downhole surveys will be performed to assist with future targeting efforts.

"Exploration crews are now mobilized at the Duhamel Ni-Cu-Co Property, we are extremely pleased with the results of the heliborne survey in generating targets. The Duhamel Property is a fertile host for Ni-Cu-Co massive sulphides and iron Ti-V-Cr mineralization demonstrated by historical exploration. We remain confident that our field crews will not only confirm historical showings, but also find new Ni-Cu-Co-occurrences along these trends. We are very keen to determine if the historic drill collars can be located, and if it is possible to conduct low frequency BHEM downhole surveys on these holes. It is common that the higher conductivity representing Ni-Cu bearing massive sulphides are missed by previous operators and these lenses of mineralization are located just off-hole. The results of the field work will enable us to define and select our best targets for diamond drilling." stated Karim Rayani - President & Chief Executive Officer, Director.

The Duhamel project is located between Chutes-des-Passes and Pipmuacan Reservoir deformation zones (or areas) included in central part of Proterozoic Grenville Geological Province (Figure 2). The Duhamel Property is characterized by the presence of large mafic to ultramafic intrusive rock bodies located in northern margin of the Saguenay‐Lac‐Saint‐Jean (SAGLSJ) Anorthosite Suite, one of the largestanorthosite intrusive bodies in the world. The Chute-des-Passes-Pipmuacan reservoir areas contains numerous massive sulfide and iron oxide mineralization occurrences recognized and documented by the Quebec government (Sigeom, Figure 5).

Figure 5. Ni‐Cu‐Co and Fe‐Ti‐P‐V mineral occurrences on the Chute-des-Passes and Pipmuacan Areas (modified from Hébert et Cadieux, 2002)

The Duhamel Property currently contains seven (7) occurrences of Ni-Cu-Co sulphides and one (1) Fe-Ti-V iron oxide occurrence discovered between 1997 to 2001 by previous operators who defined a 13 km long mineralized rock corridor (Figure 4). Drill intercept highlights include 1.27% Ni, 0.33% Cu, and 0.12% Co over 3.0 meters by Virginia Gold Mines in 2000 that contained massive sulfides. Compilation of historic assessment reports to date reveals more than thirty (30) Ni-Cu (Co) and four (4) Fe-Ti (V, Cr) mineral occurrences which confirms this corridor to be highly prospective for new Ni-Cu-Co discoveries, as well as Fe-Ti (Cr, V) discoveries.

Further to the compilation of previously filed assessment reports Marvel recovered from historical data a grab sample (from massive Iron-Titanium Oxides), the result assaying 0.28% V2O5 associated with 20.8% TiO2 and 0.13% Cr203.

Mike Kilbourne, P. Geo, an independent qualified person as defined in National Instrument 43-101, has reviewed, and approved the technical contents of this news release on behalf of the Company.

Marvel, listed on the TSX Venture Exchange for over 25 years, is a Canadian based emerging resource company. The Company is systematically exploring its extensive property positions in:

The Company's website is: https://marveldiscovery.ca/

ON BEHALF OF THE BOARD

Marvel Discovery Corp. "Karim Rayani" Karim Rayani President/Chief Executive Officer, Director Tel: 604 716 0551 email: k@r7.capital

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Marvel Discovery Corp. (TSXV:MARV)(Frankfurt:O4T)(OTCQB:MARVF); ("Marvel" or the "Company") is pleased to announce that it has applied for the necessary permits to complete an inaugural diamond drilling program at the DD Zone within the KLR-Walker Uranium Project ("the Property") in the Athabasca Basin. The drill program will consist of 10 holes totaling 1,000m, the Company will report back on an estimated start date once all necessary permits are received

A list of drill holes is tabled below:

Table 1. Planned drill hole statistics for the KLR-Walker Uranium Project.

The objectives of the drill program will be to drill across structures at the DD Zone that have been featured by the recently completed airborne magnetic survey while utilizing previous backpack drill results to aid in vectoring drill hole targets. Structure hosting the DD Zone will investigated south towards the Highway Zone also (Figure 1).

Figure 1. Planned drill locations at the DD Zone over total magnetic intensity coincident with VTEM conductors and highlighted historical results on the KLR-Walker Uranium Project.

The DD Zone remains an area of high merit based on:

"We have made great progress in a short period of time planning our inaugural drill campaign on the KLR-Walker Uranium Project. The DD Zone represents a target area of the high merit and potential for success. After careful study, compilation, and interpretation, we have planned 10 drill holes to test favorable structurally related uranium, a key ingredient to the large uranium deposits of the Athabasca Basin. We look forward to organizing drill crews once the necessary drill permits are received," stated Karim Rayani President & Chief Executive Officer, Director.

Figure 2. Location of the KLR-Walker Uranium Project in the WMTZ Zone host to the highest-grade uranium deposits in the world.

The DD Zone is proximal and along strike to Fission 3.0 Hobo Lake uranium properties. Hosted within WMTZ, the DD Zone lies along the Key Lake Shear Zone and hosts 10 uranium showings and multiple unexplored EM targets (Figure 3).

Figure 3. Location of the DD Zone, neighbors, VTEM conductors, uranium occurrences along the Key Lake Shear Zone.

Like its neighbor to the west, the Arrow Deposit, owned by NexGen Energy lies along a similar structural corridor as the Marvel properties. The Arrow Deposit1, which has undergone a Positive Feasibility Study with robust economics contains Probable Reserves of 239.6 million lbs of U3O8 at an average of 2.37% U3O8 and Measured and Indicated Resources of 256.7 million lbs at an average grade of 3.1% U3O8. The Arrow Deposit is the largest undeveloped uranium deposit in Canada.

The technical content of this news release has been reviewed and approved by Mike Kilbourne, P.Geo., who is a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.

Arrow Deposit1 https://www.nexgenenergy.ca/rook-1-project/default.aspx#feasibility-study

Marvel, listed on the TSX Venture Exchange for over 25 years, is a Canadian based emerging resource company. The Company is systematically exploring its extensive property positions in:

The Company's website is: https://marveldiscovery.ca/

ON BEHALF OF THE BOARD

Marvel Discovery Corp. "Karim Rayani" Karim Rayani President/Chief Executive Officer, Director Tel: 604 716 0551 email: k@r7.capital

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TSXV:MARV)(Frankfurt:O4T)(OTCQB:MARVF); ("Marvel" or the "Company") is pleased to announce it has completed a structural interpretation of the high-resolution magnetic survey at the Gander East Project, Central Newfoundland. Several prominent shear and deformation zones have been identified that require follow-up prospecting, mapping, and soil sampling. Results of the boots on the ground campaign together with the favourable structural features will aid Marvel in targeting those areas of high merit for its inaugural Phase I drilling program

The Gander East Project consists of 274 claims totaling 6,850 hectares, which have been strategically positioned adjacent to New Found Gold's ("NFG") Queensway Project and along strike from both Exploits Discovery Middle Ridge Project and Sassy Resources Gander North Project (Figure 1). The Queensway Project is undergoing a 400,000 m drill campaign targeting 20 km of prospective strike along the regional scale Appleton and Dog Bay fault zones (Figure 2). NFG's most recent news release dated June 6, 2022, reported 9.12 g/t Au over 8.2 m and 42.6 g/t Au over 11.75 m beginning at only 8.8 m downhole. Parallel structures to those hosting gold in the Queensway and Middle Ridge project areas intersect the Gander East Project including a segment of the Gander River Ultrabasic Line (GRUB Line) that defines the easternmost bounding structure of the regionally prospective Exploits Subzone. Furthermore, the Gander East Project lies along strike to the south of a new regional gold trend defined by Sassy Resources as a part of their Gander North Project. The Structure is integral to the numerous gold occurrences and drill intersections within the Exploits Subzone.

Figure 1: Gander East Location Map Showing Strategic Location Adjacent to New Found Gold.

Figure 2: Gander East Location Map Showing Strategic Location and major fault positions.

The high-resolution magnetic survey was an extremely effective tool that enhanced the magnetic signature of the Property (Figure 3).

Figure 3: Contrast of regional government magnetic data left with magnetic signatures of a high-resolution magnetic survey right.

Other magnetic products from the high-resolution survey define and enhance the various rock types and structural features consistent with orogenic gold occurrences and deposits of the Exploits Subzone (Figure 4).

Figure 4: Magnetic inversions left aid in defining discrete magnetic units and structural features with increased amplitude effects right defining various rock types by their magnetic intensity.

As a result of the study of the magnetic products from the high-resolution survey, a major sigmoidal shear is interpreted through the central part of the property. Six areas of high merit will be targeted for follow-up prospecting, mapping, and soil sampling. These areas are deemed to have a high rate of success for orogenic gold mineralization based on known mineralization and alteration styles adjacent to the Property, folded and sheared sediment rocks, predominant shear zones, and numerous minor faults. (Figure 5).

Figure 5: Interpreted location of the predominant shear zone in the central part of the Property, left, and the 6 areas of interest targeted for follow-up exploration, right.

"The Gander East Project is a strategic land position for Marvel within the Central Newfoundland gold belt. The effectiveness of the high-resolution magnetic survey defines structural features that we know have been integral to the success of New Found Golds Queensway Project and the high-grade Keats Zone. Our robust magnetic dataset clearly enhances our structural and lithological understanding of the Property and vectors our next exploration phase to those areas of high merit for gold mineralization. Once the results of this next phase are received, Marvel will initiate an inaugural drill campaign", stated Karim Rayani, President & Chief Executive Officer, Director.

Mr. Mike Kilbourne, P. Geo, an independent qualified person as defined in National Instrument 43-101, has reviewed and approved the technical contents of this news release on behalf of the Company.

Marvel, listed on the TSX Venture Exchange for over 25 years, is a Canadian based emerging resource company. The Company is systematically exploring its extensive property positions in:

The Company's website is: https://marveldiscovery.ca/

ON BEHALF OF THE BOARD Marvel Discovery Corp. "Karim Rayani" Karim Rayani President/Chief Executive Officer, Director Tel: 604 716 0551 email: k@r7.capital

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Marvel Discovery (MARV) has announced a Joint Venture agreement to expand its land position in the Rocky Mountain Rare Metal Belt. The company has a right to earn a 50 per cent interest in a 507-hectare claim block adjacent to the Wicheeda Project. Karim Rayani, President and CEO of Marvel Discovery sat down with Coreena Robertson to discuss the news. For the full interview with Karim Rayani and to learn more about Marvel, click here Trillion Energy (CSE:TCF) provides SASB drilling program update

Trillion Energy (TCF) has made significant advances in the SASB drilling program, scheduled to commence in July. Trillion Energy is an oil and gas company with multiple assets in Turkey and Bulgaria. Art Halleran, Trillion's CEO sat down with Coreena Robertson to discuss the news.

For the full interview with Art Halleran and to learn more about Trillion Energy, click here

Interviews for The Power Play by The Market Herald are released daily. To learn more about the companies featured in The Power Play or to explore our other interviews visit The Power Play by The Market Herald.

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Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide an update on the Innovation Metals Corp.[i] ("IMC") RapidSX™ rare earth element ("REE") separation technology platform and the Company's commercial Strategic Metals Complex ("SMC") technology deployment process (the "Program"). The work is taking place at the companies' laboratory partner's (Kingston Process Metallurgy Inc. ("KPM")) facility in Kingston, Ontario, Canada.

The Program was enhanced after Ucore received the independent evaluation of the RapidSX™ technology platform leading to the subsequent July 12, 2022, announcement of the nearly 3X increase in scope of the RapidSX™ REE demonstration-scale plant ("Demo Plant"). Since then, the Ucore, IMC, KPM, and Mech-Chem Associates, Inc.[ii] ("Mech-Chem") commercialization team (the "Team") has made significant strides in the procurement and construction process for the Demo Plant.

The final engineered layout of the Demo Plant takes up nearly all of the 5,000 square foot Commercialization and Demonstration Facility ("CDF") at KPM. And the concept of building a plant within an existing building is the go-forward transition template for the engineering process that the Team will replicate to create the first full-scale SMC, once the brownfield site[iii] selection process is finalized. This initial SMC is scheduled to produce 2,000 tonnes of total rare earth oxides ("TREOs") by the end of 2024 and 5,000 tonnes by 2026.

Figure 1 - Engineered Design of the Currently Under Construction 51-Stage RapidSX™ REE Demo Plant

To view an enhanced version of Figure 1, please visit: https://images.newsfilecorp.com/files/1119/137284_ffcfc5cec4a3a9a7_001full.jpg.

"The CDF Team, and the rest of the world, is facing extraordinary supply chain challenges regarding equipment and component availability," stated Mike Schrider, P.E., Ucore's VP and COO. "Despite this situation,we have managed to procure the initial feedstocks and virtually all of the required major equipment and components, and the Demo Plant remains on track for a late 2022 commencement of the commissioning process."

"This process will demonstrate the unprecedented North American separation of tonnes of both heavy and light rare earth elements. It will then continue with end-user qualification trials throughout 2023 for Western entities seeking diversified and sustainable metallic supply chains as Ucore transitions to full-scale commercial mode with the construction of our first SMC."

Ucore's REE Separation Demo Plant is designed to:

Have the ability to process tens of tonnes of mixed rare earth concentrates on a per annum basis:

from a wide variety of feedstock sources, including the heavy REE ("HREE") and light REE ("LREE") feedstocks planned for the full-scale SMCs.

Be capable of processing all RapidSX™ splits required to produce individual praseodymium, neodymium, terbium, and dysprosium.

Have a parallel 51-stage conventional solvent extraction ("CSX") mixer/settler circuit that will match the RapidSX™ process' configuration and enable direct head-to-head comparison of the performance of RapidSX™ vs. CSX.

Figure 2 - A Sampling of the On-hand CDF Components and Construction Efforts

To view an enhanced version of Figure 2, please visit: https://images.newsfilecorp.com/files/1119/137284_ffcfc5cec4a3a9a7_002full.jpg.

Ucore stands alone in its speed of executing the commercial deployment of one of the first modern technology platforms for separating HREEs and LREEs - as a replacement for CSX. Mech-Chem is now fully integrated into all CDF activities and is aligned to assist with the full-scale SMC techno-economic assessment and engineering data transfer. The efficiencies and environmental advantages resulting from the CDF demonstration processes are, and will continue to be, directly incorporated into the full-scale SMC engineering design packages. This integrated process is rapidly positioning Ucore to meet the demanding schedule requirements for the development of the first SMC and REO production for the Company's emerging list of prospective downstream partners.

About Ucore Rare Metals Inc.

Ucore is focused on rare- and critical-metals resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Ucore has an effective 100% ownership stake in the Bokan-Dotson Ridge Rare Earth Element Project in Southeast Alaska, USA. Ucore's vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.

Through strategic partnerships, this includes disrupting the People's Republic of China's control of the US REE supply chain through the near-term development of heavy and light rare-earth processing facilities - including the Alaska Strategic Metals Complex in Southeast Alaska and the long-term development of Ucore's heavy-rare-earth-element mineral-resource property located at Bokan Mountain on Prince of Wales Island, Alaska.

Ucore is listed on the TSXV under the trading symbol "UCU" and in the United States on the OTC Markets' OTCQX® Best Market under the ticker symbol "UURAF."

For further information, please visit www.ucore.com.

IMC developed the RapidSX™ separation technology platform with early-stage assistance from the United States Department of Defense ("US DoD"), later resulting in the production of commercial-grade, separated rare-earth oxides at the pilot scale. RapidSX™ combines the time-proven chemistry of conventional solvent extraction ("SX") with a new column-based platform, which significantly reduces time to completion and plant footprint, as well as potentially lowering capital and operating costs. SX is the international rare-earth-element ("REE") industry's standard commercial separation technology and is currently used by 100% of all REE producers worldwide for bulk commercial separation of both heavy and light REEs. Utilizing similar chemistry to conventional SX, RapidSX™ is not a "new" technology but represents a significant improvement on the well-established, well-understood, proven conventional SX separation technology preferred by REE producers.

This press release includes certain statements that may be deemed "forward-looking statements." All statements in this release (other than statements of historical facts) that address future business development, technological development and/or acquisition activities (including any related required financings), timelines, events, or developments that the Company is pursuing, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance or results, and actual results or developments may differ materially from those in forward-looking statements.

In regard to the disclosure in the "About Ucore Rare Metals Inc." section above, the Company has assumed that it will be able to procure or retain additional partners and/or suppliers, in addition to Innovation Metals Corp. ("IMC"), as suppliers for Ucore's expected future Strategic Metals Complexes ("SMCs"). Ucore has also assumed that sufficient external funding will be found to prepare a new National Instrument 43-101 ("NI 43-101") technical report that demonstrates that the Bokan Mountain Rare Earth Elements project ("Bokan") is feasible and economically viable for the production of both REE and co-product metals and the then prevailing market prices based upon assumed customer offtake agreements. Ucore has also assumed that sufficient external funding will be secured to continue the development of the specific engineering plans for the SMCs and their construction. Factors that could cause actual results to differ materially from those in forward-looking statements include, without limitation: IMC failing to protect its intellectual property rights in RapidSX™; RapidSX™ failing to demonstrate commercial viability in large commercial-scale applications; Ucore not being able to procure additional key partners or suppliers for the SMCs; Ucore not being able to raise sufficient funds to fund the specific design and construction of the SMCs and/or the continued development of RapidSX™; adverse capital-market conditions; unexpected due-diligence findings; the emergence of alternative superior metallurgy and metal-separation technologies; the inability of Ucore and/or IMC to retain its key staff members; a change in the legislation in Alaska and/or in the support expressed by the Alaska Industrial Development and Export Authority ("AIDEA") regarding the development of Bokan and/or the Alaska SMC; the availability and procurement of any required interim and/or long-term financing that may be required; and general economic, market or business conditions.

Neither the TSXV nor its Regulation Services Provider (as that term is defined by the TSXV) accept responsibility for the adequacy or accuracy of this release.

Mark MacDonald Vice President, Investor Relations Ucore Rare Metals Inc. 1.902.482.5214 mark@ucore.com

[i] Innovation Metals Corp. is a private Canadian corporation and a wholly owned Ucore subsidiary. [ii] Mech-Chem Associates, Inc. is the full-scale SMC engineering company. [iii] In this context, a brownfield site is a suitable existing commercial building/site that has been previously permitted for industrial use.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/137284

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Ion Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION" or the "Company") is very pleased to share that drilling has commenced at Urgakh Naran and the site visit previously announced is set to occur later this month.

"Yet another exciting breakthrough for the company as we continue to deliver on our promise to investors with respect to upcoming catalysts, allowing us to better understand and surface the value of Urgakh Naran. The site visit later this month will include Technical experts, potential Strategic Partners and myself; a pivotal moment for the company and our shareholders. We look forward to pressing ahead with the work onsite which will include 3 monitoring wells and ultimately, an inferred resource calculation before the end of 2022," said Ali Haji, CEO & Director of Ion Energy.

The monitoring wells are being completed by Ion Energy alongside our hydrogeological drilling contractor. The Company will be logging all core samples, ensuring the core remains wrapped in plastic, photographed and stored appropriately. Brine samples will be collected according to the industry standard, assayed and shared with the market as available.

Diamond core drilling has commenced at Urgakh Naran, core will be collected for assaying and porosity testing.

Figure 1: Low Resistivity Zone shown with lines 1 through 9, as well as locations of the holes being drilled onsite.

To view an enhanced version of Figure 1, please visit: https://images.newsfilecorp.com/files/6906/137279_30b6effb04d27b27_002full.jpg

Figure 2: Diamond Core Drill Rig on site at Urgakh Naran.

To view an enhanced version of Figure 2, please visit: https://images.newsfilecorp.com/files/6906/137279_30b6effb04d27b27_003full.jpg

Figure 3: Core samples collected at Urgakh Naran.

To view an enhanced version of Figure 3, please visit: https://images.newsfilecorp.com/files/6906/137279_30b6effb04d27b27_004full.jpg

To learn more about what is in store for Ion Energy this Fall, join us for our upcoming Fall Exploration Update on Thursday, September 22, 2022 at 12 pm EST. Registration link is HERE.

All technical information disclosed in this press release has been reviewed and approved by Khurelbaatar Lamzav, P.Geo., an independent consultant to the Company and a "Qualified Person" under National Instrument 43-101.

ION Energy Ltd. (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) is committed to exploring and developing Mongolia's lithium salars. ION's flagship, 81,000+ hectare Baavhai Uul lithium brine project, represents the largest and first lithium brine exploration licence award in Mongolia. ION also holds the 29,000+ hectare Urgakh Naran highly prospective Lithium Brine licence in Dorngovi Province in Mongolia. ION is well-poised to be a key player in the clean energy revolution, positioned well to service the world's increased demand for lithium. Information about the Company is available on its website, www.ionenergy.ca, or under its profile on SEDAR at www.sedar.com.

COMPANY CONTACT: Ali Haji, ali@ionenergy.ca, 647-871-4571

MEDIA CONTACT: Siloni Waraich, siloni@ionenergy.ca, 416-432-4920

Cautionary Note Regarding Forward-Looking Information

Information set forth in this news release contains forward-looking statements. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements, potential mineralization, exploration and development results, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Important factors that could cause actual results to differ materially from Ion Energy's expectations include, among others, uncertainties relating to availability and costs of financing needed in the future, changes in equity markets, risks related to international operations, the actual results of current exploration activities, delays in the development of projects, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of lithium, and ability to predict or counteract potential impact of COVID-19 coronavirus on factors relevant to the Company's business. There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/137279

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Critical Elements Lithium Corporation (the "Corporation" or "Critical Elements") (TSX.V:CRE) (US OTCQX:CRECF) (FSE:F12) is pleased to announce that at its Annual shareholders meeting (the "Meeting") held on September 13, 2022, shareholders of the Corporation approved all the resolutions, as follows

About Critical Elements Lithium Corporation

Critical Elements aspires to become a large, responsible supplier of lithium to the flourishing electric vehicle and energy storage system industries. To this end, Critical Elements is advancing the wholly owned, high purity Rose lithium project in Québec. Rose is the Corporation's first lithium project to be advanced within a land portfolio of over 700 square kilometers. On June 13th, 2022, the Corporation announced results of a feasibility study on Rose for the production of spodumene concentrate. The after-tax internal rate of return for the Project is estimated at 82.4%, with an estimated after-tax net present value of US$1.9 B at an 8% discount rate. In the Corporation's view, Québec is strategically well-positioned for US and EU markets and boasts good infrastructure including a low-cost, low-carbon power grid featuring 93% hydroelectricity. The project has received approval from the Federal Minister of Environment and Climate Change on the recommendation of the Joint Assessment Committee, comprised of representatives from the Impact Assessment Agency of Canada and the Cree Nation Government; The Corporation is working to obtain similar approval under the Québec environmental assessment process. The Corporation also has a good, formalized relationship with the Cree Nation.

For further information, please contact:

Patrick Laperrière Director of Investor Relations and Corporate Development 514-817-1119 plaperriere@cecorp.ca www.cecorp.ca

Jean-Sébastien Lavallée, P.Geo. Chief Executive Officer 819-354-5146 jslavallee@cecorp.ca www.cecorp.ca

SOURCE:Critical Elements Lithium Corporation

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TTL is now ready to process high-grade mineralized material and tailings from nearby mines into silver dore bars.

Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (FSE: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce that its 100%-owned Temiskaming Testing Labs (TTL) high-grade processing plant, that has zero discharge, is fully operational and ready for processing the high-grade mineralized material from the Cobalt Camp into silver dore bars as it was originally designed to do.

"We have rebuilt the TTL facility, including upgrades to the secondary crushing circuit and installation of a new gravity plant. TTL is now ready to begin the processing of high-grade mineralized material and tailings from mining properties in the area, including tailings from the Company's past-producing Beaver Mine and Castle Mine. This is another important step in building our capability as a fully integrated mining operation right through to the production of silver dore bars," stated CEO Frank J. Basa, P.Eng.

The 20,000-square-foot TTL facility is located in the Town of Cobalt, Ontario, in the centre of the historic Cobalt Mining Camp where 600 million ounces of silver and 30 million pounds of cobalt were produced during the 1900s. The facility was originally established in its current location by the Ontario government in 1941 as a public service facility offering laboratory services, high-grade ore processing and a bullion furnace to nearby mining operations. It was used by companies such as Agnico Eagle and Teck in their early days of silver mining operations in the area to pour in excess of two million ounces silver annually in silver dore bars. Using TTL's bullion furnace, Canada Silver Cobalt poured three silver dore bars from Castle Mine waste material as a proof-of-concept test in 2019.

Canada Silver Cobalt completed the purchase of the TTL facility from a private operator in 2020. Since then, it has conducted a number of test runs and completed the commissioning of the secondary crushing circuit. As a result, TTL has a complete crushing and screening high-grade processing plant with a 20-tonne-per-hour capacity for high-grade mineralized feed from mining operations in the area (see news release September 8, 2021).

In addition, the Company recently installed a new gravity plant at TTL that is closed loop with a water recycle step (see news release January 18, 2022). The two-stage gravity plant, which is designed to operate at 24 tonnes per day, is now fully commissioned and includes a spiral concentrator feeding the concentrate to a conventional gravity table. A supplementary Falcon high-grade gravity concentrator is currently being installed.

The Company intends to use TTL for processing high-grade mineralized material from its Castle and Beaver mines as well as from the Castle East high-grade silver deposit when it has access to the high-grade veins there through the building of a ramp which is currently in the planning stage.

The technical information in this news release was reviewed and approved by Frank J. Basa, P.Eng., a qualified person in accordance with National Instrument 43-101.

About Canada Silver Cobalt Works Inc.

Canada Silver Cobalt Works Inc. recently discovered a major high-grade silver vein system at Castle East located 1.5 km from its 100%-owned, past-producing Castle Mine near Gowganda in the prolific and world-class silver-cobalt mining district of Northern Ontario. The Company has completed a 60,000m drill program aimed at expanding the size of the deposit with an update to the resource estimate underway.

In May 2020, based on a small initial drill program, the Company published the region's first 43-101 resource estimate that contained a total of 7.56 million ounces of silver in Inferred resources, comprising very high-grade silver (8,582 grams per tonne un-cut or 250.2 oz/ton) in 27,400 tonnes of material from two sections (1A and 1B) of the Castle East Robinson Zone, beginning at a vertical depth of approximately 400 meters. Note that mineral resources that are not mineral reserves do not have demonstrated economic viability. Please refer to Canada Silver Cobalt Works Press Release May 28, 2020, for the resource estimate. Report reference: Rachidi, M. 2020, NI 43-101 Technical Report Mineral Resource Estimate for Castle East, Robinson Zone, Ontario, Canada, with an effective date of May 28, 2020, and a signature date of July 13, 2020.

The Company also has: (1) 14 battery metals properties in Northern Quebec where it has recently completed an almost 15,000-metre drill program on the Graal property and an airborne VTEM geophysical survey is being conducted at its Lowney-Lac Edouard property; and (2) the prospective 1,000-hectare Eby-Otto gold property close to Agnico Eagle's high-grade Macassa Mine near Kirkland Lake, Ontario where it is is exploring in 2022.

Canada Silver Cobalt's flagship silver-cobalt Castle mine and 78 sq. km Castle Property feature strong exploration upside for silver, cobalt, nickel, gold, and copper. With underground access at the fully owned Castle Mine, an exceptional high-grade silver discovery at Castle East, a pilot plant to produce cobalt-rich gravity concentrates, a processing facility (TTL Laboratories) in the town of Cobalt, and a proprietary hydrometallurgical process known as Re-2Ox (for the creation of technical-grade cobalt sulphate as well as nickel-manganese-cobalt (NMC) formulations), Canada Silver Cobalt is strategically positioned to become a Canadian leader in the silver-cobalt space. More information at www.canadasilvercobaltworks.com.

"Frank J. Basa" Frank J. Basa, P. Eng. Chief Executive Officer

For further information, contact: Frank J. Basa, P.Eng. Chief Executive Officer 416-625-2342

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements. A detailed discussion of the risk factors encountered by Canada Silver Cobalt is available in the Company's Annual Information Form dated July 19, 2021 for the fiscal year ended December 31, 2020 available under the Company's profile on SEDAR at www.sedar.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/137068

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LithiumBank Resources Corp. ( TSX-V: LBNK ) (OTCQX:LBNKF) (" LithiumBank " or the " Company ") is pleased to provide an update on its lithium-brine land holdings in Alberta and Saskatchewan.

LithiumBank has increased its land position over the past month by over 530,000 acres with a strategic focus on Fox Creek, Leduc reef area (Figure 1). Additional Metallic and Industrial Mineral (MIM) Permits were acquired directly from the government of Alberta. The total MIM permits (Alberta), and Mineral leases (Saskatchewan) currently held by LithiumBank are 3.77 million acres, or 1.52 million hectares as shown in Table 1 and Figure 1. The additional permits give LithiumBank a dominant land position in the Fox Creek area, for a total of 1,361,007 contiguous acres.

The Fox Creek land acquisition is strategic for LithiumBank as the Leduc Carbonate Reef Complex (Woodbend Group) and the underlying Swan Hills Carbonate Complex (Beaverhill Lake Group) have historically been known to host the highest grades of lithium-in-brine concentrations in Alberta. Historical samples collected by multiple petro-operators and donated to the Alberta Geological Survey, range from 76 mg/l to 130 mg/l lithium (Figure 2) are located within LithiumBank's Fox Creek Metallic and Industrial Mineral permit area. These samples are considered historic and have not been verified by a Qualified Person (QP) under the latest NI 43-101 Standards of Disclosure and cannot be relied upon and thus the Company is not treating the historical estimate as current mineral resources or mineral reserves. LithiumBank expects to implement a systematic exploration and development program that is well established within the Company from work completed on the Boardwalk Project, in the Sturgeon Lake area located only 50 km to the north of the Fox Creek Property. LithiumBank will continue to make announcements as news becomes available as Fox Creek is explored and developed in parallel to the Boardwalk Project.

The Fox Creek area was the focus of a study, authored by D.R. Eccles and H. Berhane, entitled "Geological Introduction to Lithium-Rich Formation Water with Emphasis on the Fox Creek Area of West-Central Alberta (NTS 83F and 83K)" ( https://ags.aer.ca/publication/ofr-2011-10 ). The report highlights significant lithium potential in three different formations, the Nisku (Winterburn), Leduc (Woodbend), and Swan Hills (Beaverhill Lake Group) and are supported by historical lithium brine samples that range from 76 mg/l to 130 mg/l lithium in these formations.

The Company has also acquired a strategic land position in the Peace Arch area of northern Alberta totalling 73,610 acres (Figure 1). The four MIM permits over a portion of the Leduc Reef complex, have historically been one of the most prolific producers of hydrocarbons for several decades. The permits cover a strike length of 30 km of the Leduc with abundant oil and gas infrastructure. LithiumBank is currently evaluating the next steps for this property.

As previously disclosed, a total of 326,459 acres of Saskatchewan Brine Mineral Leases were acquired by way of auction through the Saskatchewan government between August and December of 2021. Acquisitions in Saskatchewan are in areas where there is known grades of lithium in brine that are of interest. LithiumBank has engaged Matrix Solutions Inc. to conduct a hydrogeological study on the Companies Brine Mineral Leases. Results of the study are expected next quarter.

Rob Shewchuk, CEO states, " We are very proud to conclude our 3-year staking and acquisition strategy in Western Canada with the goal to aggregate the largest land position in areas we believe to have the most commercial potential for large scale lithium brine production. We have successfully consolidated the Sturgeon Lake complex for our Boardwalk Project and obtained the vast majority of the Mineral Permits in the prospective Fox Creek area. We have also acquired mineral leases at auctions in Saskatchewan in 2021. LithiumBank is very excited to commence next steps to evaluate our Fox Creek and Saskatchewan properties leveraging the strong technical foundation gained from our work with Hatch, Apex and Matrix Solutions on our Boardwalk Lithium Brine project that is expected to produce a PEA in Q4."

Table 1. LithiumBank Mineral Permit and Lease Holdings

Figure 1. Map of All LithiumBank' Mineral Permits and Leases

Figure 2. LithiumBank' Fox Creek MIM Permits with Historical Samples

The scientific and technical disclosure in this news release has been reviewed and approved by Mr. Kevin Piepgrass (Chief Operations Officer, LithiumBank Resources Corp.), who is a Member of the Association of Professional Engineers and Geoscientists of the province of BC (APEGBC) and is a Qualified Person (QP) for the purposes of NI 43 101. Mr. Piepgrass consents to the inclusion of the data in the form and context in which it appears.

LithiumBank Resources Corp. is an exploration and development company focused on lithium-enriched brine projects in Western Canada where low-carbon-impact, rapid DLE technology can be deployed. LithiumBank currently holds over 3.7 million acres of mineral titles, 3.44M acres in Alberta and 326K acres in Saskatchewan. LithiumBank's mineral titles are strategically positioned over known reservoirs that provide a unique combination of scale, grade and exceptional flow rates that are necessary for a large-scale direct brine lithium production. LithiumBank is advancing and de-risking several projects in parallel of the Boardwalk Lithium Brine Project.

Robert Shewchuk CEO & Director rob@lithiumbank.ca (778) 987-9767

Cautionary Statement Regarding Forward Looking Statements

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance, including without limitation, the expectation that the Company will implement a systematic exploration and development program in the Sturgeon Lake area located 50 km to the north of the Fox Creek Property is a forward-looking statement and contains forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "believe", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including that the Company will implement a systematic exploration and development program in the Sturgeon Lake area located 50 km to the north of the Fox Creek Property. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, that the Company will not implement a systematic exploration and development program in the Sturgeon Lake area located 50 km to the north of the Fox Creek Property as expected by management or at all. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/ab369fd0-fffa-4773-826b-1810c4564003

https://www.globenewswire.com/NewsRoom/AttachmentNg/7326efe3-ae40-47f0-b8b4-def905f9f4b7

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Electric Royalties Ltd. (TSXV:ELEC) (OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to announce that Voyager Metals Inc. (TSXV:VONE) ("Voyager") has filed a Preliminary Economic Assessment ("PEA") of the Mont Sorcier iron and vanadium project ("Mont Sorcier") located near Chibougamau, Quebec, Canada, on SEDAR

Electric Royalties holds a 1% gross metal royalty on vanadium production at Mont Sorcier, which is projected to have a 21-year operating mine life. If the anticipated project is placed in production as set out in the PEA, the Company estimates that for the life of mine, average annual royalty revenues of US$750,000 to US$1.5 million per year, based on the US$15 to US$30 per tonne vanadium credits forecast in the PEA, may be payable.

Brendan Yurik, CEO of Electric Royalties,commented: "We are pleased with the results of the PEA that forecasts robust economics based on the Indicated Resources of Mont Sorcier's North Zone only. This leaves significant upside potential from the conversion of Inferred Resources in the future. The project is well positioned to leverage the production of premium high-grade magnetite iron concentrate with valuable vanadium credits. Further, the advantageous infrastructure may help to shorten the development timeline. We look forward to additional favourable news from Voyager as it continues work on the feasibility study expected in Q1 2023 to bring Mont Sorcier to a formal development decision."

Highlights of the PEA (all dollar values are in US dollars unless otherwise stated)1:

Iron and Vanadium Pricing Market Study

Voyager commissioned an Independent Market Pricing Study in 2019 to determine the potential value of the vanadium-rich iron product produced by Mont Sorcier, given the lack of available quoted market index prices. The study reviewed main iron index price forecasts as well as estimates of the applicable vanadium credits. The study reviewed a value-in-use methodology based upon a review of the grade and concentrate chemistry from Mont Sorcier relative to other similar iron products. The study concluded that the concentrate from Mont Sorcier should receive a $15 per tonne premium to the Platts 65 price iron index for the contained vanadium credits (based on a net attributable value using a long-term V2O5 price of $7.25 per pound).

Mont Sorcier iron and vanadium concentrate is a high grade, low impurity product. The silica level is slightly lower than that of the Platts 65 benchmark, however due to low alumina and phosphorus content, it is considered a high purity iron and vanadium concentrate. This should attract improved pricing providing that customers (steel plants) that will benefit from the absence of these elements are targeted. The fine particle size may result in a customer discount depending on the market; however, the magnetite content (and decreased sintering/pelletizing costs) could partially or completely offset the possible penalty. Based on the various market studies and analyst forecasts for iron ore fines and high iron grade (65%) of Mont Sorcier concentrate and vanadium credits, a long-term price of $135 per tonne of concentrate (with freight to China) was selected for use in the PEA.

Mont Sorcier is located approximately 18 km east of Chibougamau, Quebec, in a region with a long history of mining and established infrastructure to support future development. Mont Sorcier has access to all season roads, low-cost provincial hydropower and is within 50 km of rail connection to two all season, ocean-going ports. The railway runs approximately 370 km to the Port of Saguenay which is currently underutilized and can provide sufficient capacity for the project needs.

The PEA is preliminary in nature and includes Mineral Resources that are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that the PEA will be realized.

David Gaunt, P.Geo., a qualified person who is not independent of Electric Royalties, has reviewed and approved the technical information in this release.

Electric Royalties is a royalty company established to take advantage of the demand for a wide range of commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper) that will benefit from the drive toward electrification of a variety of consumer products: cars, rechargeable batteries, large scale energy storage, renewable energy generation and other applications.

Electric vehicle sales, battery production capacity and renewable energy generation are slated to increase significantly over the next several years and with it, the demand for these targeted commodities. This creates a unique opportunity to invest in and acquire royalties over the mines and projects that will supply the materials needed to fuel the electric revolution.

Electric Royalties has a growing portfolio of 20 royalties, including one royalty that currently generates revenue. The Company is focused predominantly on acquiring royalties on advanced stage and operating projects to build a diversified portfolio located in jurisdictions with low geopolitical risk, which offers investors exposure to the clean energy transition via the underlying commodities required to rebuild the global infrastructure over the next several decades towards a decarbonized global economy.

For further information, please contact:

Brendan Yurik CEO, Electric Royalties Ltd. Phone: (604) 364‐3540 Email: Brendan.yurik@electricroyalties.com www.electricroyalties.com

Scott Logan Renmark Financial Communications Inc. Phone: (416) 644-2020 or (212) 812-7680 Email: slogan@renmarkfinancial.com www.renmarkfinancial.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor any other regulatory body or securities exchange platform, accepts responsibility for the adequacy or accuracy of this release.

1 Technical report titled "NI 43-101 Technical Report Preliminary Economic Assessment (PEA) for the Mont Sorcier Project - Quebec, Canada" with an effective date of September 8, 2022, available under Voyager Metals Inc.'s profile on Sedar.com. The PEA for Mont Sorcier has been conducted based upon the Mineral Resource Estimate completed by InnovExplo and filed by Voyager on July 22, 2022, using only the Indicated Resource in the North Zone. The PEA forecasts a robust economic assessment for Mont Sorcier based upon a traditional open pit mining scenario with magnetic separation processing and a reverse flotation circuit to produce approximately 5.0 million tonnes per annum of low sulphur, vanadium rich iron concentrates, with low levels of impurities. Based on test work to date, this material is amenable for blast furnace use in either China or Europe. The Mineral Resource Estimate follows current CIM Definition Standards. The Mineral Resource Estimate is locally pit-constrained for potential open-pit extraction method with a bedrock slope angle of 50° and an overburden slope angle of 30°. It is reported at a rounded cut-off grade of 2.30 % Weight Recovery. The cut-off grade was calculated for the concentrate using the following parameters: royalty = 3%; mining cost = CA$3.30; mining overburden cost = CA$2.45; processing cost = CA$3.62; G&A = CA$0.75; selling costs = CA$58.36; Fe price = CA$190/t; USD:CAD exchange rate = 1.3; and mill recovery = 100% (concentrate). The cut-off grades should be re-evaluated considering future prevailing market conditions (metal prices, exchange rates, mining costs etc.).

Cautionary Statements Regarding Forward-Looking Information and Other Company Information

This news release includes forward-looking information and forward-looking statements (collectively, "forward-looking information") with respect to the Company within the meaning of Canadian securities laws. This news release includes information regarding other companies and projects owned by such other companies in which the Company holds a royalty interest, based on previously disclosed public information disclosed by those companies and the Company is not responsible for the accuracy of that information, and that all information provided herein is subject to this Cautionary Statement Regarding Forward-Looking Information and Other Company Information.Forward looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. This information represents predictions and actual events or results may differ materially. Forward-looking information may relate to the Company's future outlook and anticipated events and may include statements regarding the financial results, future financial position, expected growth of cash flows, business strategy, budgets, projected costs, projected capital expenditures, taxes, plans, objectives, industry trends and growth opportunities of the Company and the projects in which it holds royalty interests.

While management considers these assumptions to be reasonable, based on information available, they may prove to be incorrect. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company or these projects to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks, uncertainties and other factors include, but are not limited to risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving the renewable energy industry; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; the mining industry generally, the Covid-19 pandemic, recent market volatility, income tax and regulatory matters; the ability of the Company or the owners of these projects to implement their business strategies including expansion plans; competition; currency and interest rate fluctuations, and the other risks.

The reader is referred to the Company's most recent filings on SEDAR as well as other information filed with the OTC Markets for a more complete discussion of all applicable risk factors and their potential effects, copies of which may be accessed through the Company's profile page at www.sedar.com and at otcmarkets.com.

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