Clarity Metals Corp. reported preliminary resistivity results from a recently completed IP/Resistivity survey over a portion of the Lithium381 property (the "Property") located in Quebec adjacent to Allkem Limited's James Bay Lithium Property. The Preliminary results have identified a target for follow up that shows as a 1.5 km EW-oriented area of relative high resistivity values.

In comparison with Alkem's James Bay Lithium Property a survey completed in 2008, 800 m to the southwest of property, showed resistivity highs to be coincident with lithium bearing pegmatites which host a deposit with an Indicated Resource of 40.8 Mt @1.40% Li(2) O. The James Bay Lithium deposit is slated to start construction in First Quarter 2023. (Source: Allkem Feasibility Study filed by Allkem on SEDAR on January 11, 2022). A direct comparison of resistivity strength between the two surveys is not possible given varied overburden depth and other factors.

The IP/Resistivity Survey The IP/resistivity survey over a portion of the Lithium381 Property was performed by TMC Géophysique out of Val d'Or Quebec. The survey was not performed over the entire property as previously reported in the Company's news releases dated December 20 and December 22, 2022. The grid line spacing was set at 100m, with the survey defined in a dipole-dipole configuration and 25 m measurements (n=10).

Previous surveys conducted by Lithium One in 2008 (predecessor to Galaxy Lithium) and Allkem (2021) have shown high resistive values which in part correspond to granitic pegmatite dykes and bodies unearthed, which can contain spodumene, and drilled over the years. The last geophysical survey completed by TMC Géophysique in 2021 indicated that the resistivity highs extended for 2.3km east of the Billy Diamond Road (James Bay Road) where spodumene granitic pegmatite dykes have been observed. Clarity and Genius Metals Inc. hope to outline similar resistivity targets to be investigated during subsequent exploration.

Preliminary resistivity results on Lithium381 Project and Allkem Limited's 2008 IP Resistivity survey in the area of their open pit. Note the surveys are at different scales. Figure 2. Contour map, apparent resistivity, Lithium One (2008) Figure 3 Location of Lithium381 Project showing nearby properties and total pit outline on Allkem'sJames Bay Lithium Project from the Allkem Feasibility Study.

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% Li(2) O. The James Bay Lithium deposit is a lithium bearing pegmatite, which is slated to start construction in First Quarter 2023. (Source: Allkem Feasibility Study filed by Allkem on SEDAR on January 11, 2022).

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. Clarity recently entered into an option agreement to earn an undivided 50% right, title, ownership and beneficial interest of the Lithium381 Property from Genius Metals Inc., an arm's length public company listed on the TSX Venture Exchange ("TSXV"). Qualified Person Mr. Rory Kutluoglu P. Geo., a member of the advisory board and a consultant of the Company, is a Qualified Person as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects and has reviewed the technical information in this news release.