Apogee Minerals Ltd. announced that the Company shall acquire, through the Pine Channel Option Agreement dated May 11, 2021, as amended (the Underlying Agreement), additional claims comprising the Shasko Bay Project. The Project consists of 2,571 ha and is located along the southeast shore of Lake Athabasca in Northern Saskatchewan, 20 km SE of Fond-du-Lac, and adjacent to the recently optioned Pine Channel Project. Project Highlights: Multiple untested geophysical anomalies associated with favourable geology.

Targets for multiple deposit models (Orogenic Au and Unconformity-U). Encouraging exploration to date including mineralized drill intercepts. Mineralization underexplored and open in both directions along strike and at depth.

Excellent access with existing winter road to within 1km and central portions of the property accessible by boat or float plane.