CBLT Inc. has received the first assay results from its sampling and mapping program at Shatford Lake, in the Bird River Pegmatite Field in southeast Manitoba. Shatford Lake's close proximity to the Tanco Mine and CBLT's assay results from November 30, 2021 called for further exploration at Shatford. CBLT recognizes the significance and importance of Sagkeeng First Nation's Traditional Land Rights in the area, and welcomes continued communication with the Sagkeeng Chief, Council and community for continued guidance. The Tanco Mine is five kilometres from Shatford Lake. It is an LCT-type pegmatite, producing cesium and tantalum. Lithium, beryllium and rubidium have previously been produced. The Tanco pegmatite has dimensions of 820m by 1,600m and up to 100m thick, and over 100 minerals have been identified in it. The Main Pegmatite from which these samples were taken contains megacrystic feldspar-quartz- biotite with cassiterite, beryl, and trace columbite mineralization. It is at least 30 meters wide at
one location on the shore (the pink line in the picture above). Contacts illustrate sub-vertical to flatter (-35 degree) dip to the north, indicating a minimal inferred strike length of approximately 100 meters. The Main Pegmatite is open to the east and west of the sampled locations. Various
other narrower pegmatite veins proximal to the main large beryl mineralized pegmatite were also sampled. Another round of samples were taken from outcrop near the Main Pegmatite and the Main Pegmatite itself. These samples are being prepared for shipment to an accredited analytical
laboratory for comprehensive geochemical analyses for LCT mineralization.