Labrador Uranium Inc. announce that it has now received major exploration agreements and permits for its 2022 summer exploration program for its Moran Lake and Central Mineral Belt (“CMB”) Properties, where LUR holds 139,000 ha of mineral rights. The following agreements have been entered into to mobilize LUR's 2022 exploration program: Camp construction and rental agreement with Innu Cartwright Drilling L.P., an Innu Partnership. Drilling contract with a minimum of 4,000 metres of diamond drilling with Innu Cartwright Drilling L.P. Fixed Wing and Helicopter Services agreement with Air Borealis, an Innu Nation/Nunatsiavut/Provincial Airlines Partnership.

Fuel and Fuel Storage contract with Air Borealis and C3 Fuels. Line Cutting contract with Titjaluk Logistics, a Nunatsiavut Beneficiary owned and operated company. Additionally, the following key permits have been secured for the CMB properties, including Moran Lake and Mustang Lake: Construction of a Helicopter Supported Field Camp and Fuel Cache has been received from the Government of Newfoundland and Labrador Department of Industry, Energy and Technology Mineral Lands Division.

Line Cutting, Ground Geophysics and Prospecting from the Government of Newfoundland and Labrador Department of Industry, Energy and Technology Mineral Lands Division. 2022 Work Plan Approval for Diamond Drilling of up to 4,000 metres in the Moran Lake area from the Nunatsiavut Government Department of Lands and Natural Resources, Non-Renewable Resources Division. 2022 Work Plan Approval for Geochemistry, Ground Mag and Gravity, Prospecting, and Line cutting from the Nunatsiavut Government Department of Lands and Natural Resources, Non-Renewable Resources Division.