Clarity Metals Corp. report preliminary results from a remote sensing survey carried out over the area of the Lithium381 Property located in Quebec adjacent to Allkem Limited's James Bay Lithium Property. The preliminary results of the remote sensing work have identified a target coincident with the resistivity anomaly identified from the preliminary Induced Polarization survey.

The Remote sensing exercise was carried out over the Lithium381 Property area and was interpreted for pegmatites, particularly in comparison to Allkem's adjacent James Bay Lithium project as a reference signature where lithium bearing pegmatites are shown to be coincident with resistivity highs and similar spectral characteristics. The James Bay Lithium Project hosts an Indicated Resource of 40.8 Mt @1.40% Li2O. The James Bay Lithium deposit is slated to start construction in First Quarter 2023.

The remote sensing survey included the collection and interpretation of synthetic aperture radar data as well as multispectral Sentinel and Aster data to analyze vegetation, structure, alteration and ground movement. When combined with existing geological, geochemical and geophysical data, complex anomalies covering large areas can be quickly and effectively identified. Lineament analysis shows a series of NE trending structures across the area which correspond with ferric oxide anomalies which trend from the Allkem deposit to the Lithium381 resistivity high where an intersecting structure has been interpreted.

A filter was applied to the hyperspectral data to focus on the spectra of lithium minerals, which highlighted the trend well, however the anomaly becomes much more subdued as depth of overburden increases and obscures the bedrock influence on the data. The Lithium381 Property The Property is located in Northern Quebec, Canada, approximately 3 km from the James Bay Road and the service station at KM381 which provides infrastructure to the local area. The 21 mineral claims comprising the 1107 ha property are contiguous with Allkem Limited's James Bay Lithium Property hosting a deposit with Indicated resources of 40.8 Mt @1.40% Li2O.

The James Bay Lithium deposit is a lithium bearing pegmatite, which is slated to start construction in First Quarter 2023. The Property has not previously been explored for lithium bearing pegmatites but is underlain primarily by amphibolite facies metasedimentary and minor metavolcanic rocks of the Lower Eastmain Group of the Eastmain Greenstone belt in the northeastern part of the Superior Province; the same host rocks of the adjacent James Bay Lithium Deposit. Quebec has become a favourable jurisdiction for critical mineral exploration investment with its ‘2030 Plan for a Green Economy' targeting a reduction in carbon emissions as well as its ‘Plan for Development of Critical and Strategic Minerals (2020-2025)' which includes commitments to share financial risk and plans to improve infrastructure for projects in Northern Quebec.