Canter Resources Corp. provided a summary of relevant exploration work and results previously completed at the Columbus Lithium-Boron Project ("Columbus", "Columbus Basin" or the "Project"), as well as current interpretations and targeting concepts that will underpin a Phase I drilling campaign that is expected to commence in early 2024. Canter's wholly-owned subsidiary, Altitude Ventures Corp.

(Altitude), holds the sole option to acquire a 100% interest of the 23,000-acre Columbus Project located in the Columbus Salt Marsh Basin, Esmerelda County, Nevada, USA. The core drillhole (LUN-22-001) was drilled vertically with a dip of (-90) to a depth of 2,182 feet (ft) (665metres ("m")). ALS labs in Sparks, Nevada completed the most thorough analysis taking samples at five (5) ft intervals throughout the drillhole.

ALS analysis showed an average of 471.2 ppm lithium ("Li"), 2,508.2 ppm boron and 1.07% potassium from top-to-bottom, including significant intervals within: 772.9 ppm Li over 160 ft (49 m) from 500 ft depth (152.4 m); 877.14 ppm Li over 67 ft (20.4 m) from 708 ft depth (215.8 m); and 1,237.5 ppm Li over 20 ft (6.1 m) from 810 ft depth (246.8 m). Reported samples ranged from a low of 90 ppm Li to a high of 1,600 pm Li. All reported assays were from sediment/clay samples, with no brine samples reported, however, logging and summary reports note that a series of aquifers were encountered.

Canter is unaware of any drilling, sampling, recovery or other factors that could materially affect the accuracy and reliability of this drillhole data.