Harfang Exploration Inc. announced that it continues to expand its portfolio of lithium projects in the Eeyou Istchee James Bay region of Québec which is widely recognized as one of the best mining jurisdictions in the world. The new assets are distributed throughout the region and were acquired by map designation, reinforcing the strong Critical and Strategic Minerals ("CSM") assets of the Company. This new staking is a direct result of targeting by the Harfang exploration team, one of the most knowledgeable in the region.

Targeting included the statistical processing of more than 13,400 analyses of lake bottom sediments extracted from the Québec world-class governmental digital database (SIGEOM). This geochemical database was combined with a geological assessment of the environment favorable for the occurrences of lithium and rare element bearing S-type pegmatites and associated granites. Importantly, this statistical processing initiated by Harfang, which was used as a footprint for these claims acquisitions, also identified lithium anomalies in lake bottom sediments around all known lithium deposits and discoveries.

Targeting efforts are ongoing. New Claim Acquisitions: The most recent assets include the Lemare, Ross, Conviac and Sakami properties, and addition of new claims to the La Passe Property. No evidence of systematic historical exploration is apparent on any of the recent additional acquisitions announced February 8, 2023.

The Lemare Property consists of 220 claims located approximately 20 kilometres southeast of the Whabouchi lithium deposit. The Property includes several strong lake bottom sediment lithium anomalies of which four are 99.5% of the entire SIGEOM database. Some of these calculated anomalies form a tight cluster in an area dominated by granites and pegmatites of the Opatica Subprovince.

The Ross Property consists of 100 claims located along the northern side of the Lac-des-Montagnes volcano-sedimentary belt in a geological setting similar to that of the Whabouchi lithium deposit. The staked area is known to host abundant pegmatite dykes. The Conviac Property consists of 140 contiguous claims located 70 km southeast of the Eleonore gold mine and was staked to cover the third-strongest lithium anomaly calculated from the database.

It stretches approximately 15 kilometres along the prolific contact between the La Grande and Opinaca subprovinces. The Conviac Property also has excellent potential for the discovery of gold mineralization similar to the Eleonore mine and Cheechoo deposit. The Sakami Property includes a total of 204 claims grouped into two distinct blocks eight kilometres apart.

It is located near the northern border of the Opinaca Subprovince. Regional mapping has confirmed the presence of granites and pegmatites of the Vieux Comptoir Granitic Suite and paragneiss. In addition, 62 claims grouped into two distinct blocks were added to the La Passe Property.

The new claims cover a geological setting similar to that of the original property which includes a series of pegmatite dykes associated with the Vieux Comptoir Granitic Suite. These dykes were intruded into metasedimentary rocks and paragneiss. Harfang believes the entire La Passe Property, located near the limit between the La Grande and Opinaca subprovinces, represents a highly prospective geological setting for the discovery of lithium-bearing pegmatites and gold mineralization.

Harfang is currently planning its exploration program on its lithium and gold projects for 2023.