Kalamazoo Resources Limited announced significant expansion in its granted lithium exploration tenure in the Lachlan Fold Belt of NE Victoria/Southern NSW. Kalamazoo's exploration licence tenure in the Lachlan Fold Belt is an "early mover" play covering an area that hosts highly fractionated S-type granites and related pegmatite dykes that are closely associated with numerous alluvial and hard rock tin-tungsten and tantalum occurrences and mine workings. These are critical favourable features of the LCT-pegmatite exploration model.

Additionally, these fractionated S-type granites and related mineral occurrences are an extension of the same Lachlan Fold Belt geology that hosts known LCT mineralisation at the Dorchap LCT Pegmatite Project located nearby in NE Victoria as reported by Dart Mining NL. Dart's Dorchap Project is now the subject of a significant Joint Venture with Chilean lithium producer Sociedad Química y Minera de Chile S.A. Initial investigations and field reconnaissance exercises conducted by Kalamazoo have confirmed the presence of several historical tin-tungsten mine workings and numerous outcropping pegmatite dykes within its exploration project areas. In addition, it is noteworthy that within these two exploration projects there are numerous outcropping to shallow tin occurrences, and historical workings which will also be investigated during the course of the overall lithium exploration program.

Similar to lithium, tin is also listed on the US Government's 2022 critical minerals list. Kalamazoo has recently been granted Exploration Licences EL007784, EL007786 and EL007787 in the Lachlan Fold Belt of NE Victoria. These tenements, referred to as the "Tallangatta Lithium Project", were recently granted (28 December 2022) for an initial period of 5 years.

These tenements total approximately 842km2 and cover geology considered highly prospective for both pegmatite-hosted lithium-caesium-tantalum ("LCT") mineralisation as well as hardrock tin (Sn) mineralisation. Kalamazoo has recently been granted Exploration Licence EL9507 (approximately 4km2) in the Lachlan Fold Belt of southern NSW. This tenement which lies within the "Jingellic Lithium Project" was recently granted (10 January 2023) for an initial period of 6 years.

Also within the Jingellic Lithium Project, Kalamazoo has entered into an option to acquire the tin-tungsten and lithium-caesium-tantalum rights ("Mineral Rights") across EL8958 ("Yarara Project", ~226km2) held by Mining and Energy Group Pty Ltd. ("MEG") ("Option"). The terms of the Option Agreement are as follows: 1. An Option Fee of $50,000 (which has been paid to MEG) 2. The Option Expiry Date is 3 March 2024 3. On the exercise of the Option, Kalamazoo will pay to MEG $225,000 for 100% of the Mineral Rights across EL8958, and 4. MEG retains a Net Smelter Royalty of 1.5% over any future Mineral Rights production across EL8958 These two new additional exploration licences have filled in previous land tenure gaps within the highly prospective Jingellic Lithium Project which is now comprised of EL9403, EL9507 and EL8958 (should the Option be exercised) for a total of approximately 1,220km2. This project is also considered highly prospective for both pegmatite-hosted lithium- caesium-tantalum ("LCT") mineralisation as well as hardrock tin (Sn) mineralisation.

Kalamazoo considers its Lachlan Fold Belt Lithium Projects part of the Company's strategy of acquiring and exploring high-quality lithium exploration projects. The addition of new exploration tenure at the Tallangatta and Jingellic Lithium Projects now expands Kalamazoo's combined granted lithium exploration tenure across the WA Pilbara Region and the Victoria/NSW Lachlan Fold Belt to approximately approximately 2,407km2.