Manning Ventures Inc. provided a corporate update regarding exploration activities and plans for its growing lithium project portfolio. Throughout 2023 the Company has assembled a highly prospective lithium exploration project portfolio. The footprint includes land positions in Ontario, Quebec, and Newfoundland, all within established and growing lithium-based exploration districts.

Quebec - Leaf River Lithium Camp. Manning has established a significant presence with four projects located within the emerging Leaf River lithium camp in Northern Quebec. Other companies operating in the area and already generating positive early-stage results include Discovery Lithium, Max Power Mining, Eureka Lithium and Targa Exploration.

The Snap, Crackle, Pop and Pow projects represent over 65,000-hectares that target areas that comprise some of the highest (99% percentile) lithium, cesium, and rubidium lake sediment anomalies in the Government du Quebec lake sediment database (SIGEOM). The Company is pleased to be working with renowned prospector Shawn Ryan and his team at GroundTruth Exploration on these highly prospective targets, with a first phase reconnaissance program consisting of ground mapping and sampling already underway. Quebec - Bounty Lithium Project.

The Bounty Lithium Project is a 4,659-hectare property located in the James Bay Lithium District of northern Quebec. In 2022 the Company carried out multiple sampling programs targeting areas that contained anomalous LCT-pegmatites. The highest value so far on the property was collected, containing 707 ppm lithium (0.15% Li2O).

Additionally, it contains the highest amount of cesium (661 ppm Cs) and very elevated Rubidium (1163 ppm Rb); both adding confirmation to the LCT-style pegmatite model on the northern end of the property. Given the distribution of lithium content of other pegmatites in the James Bay Lithium district, the samples have been categorized into three categories as follows: A) Very anomalous (greater than 201 ppm lithium). The Barbara Lake area includes, among others, Imagine Lithium, which recently drilled 21m of 1.16% Li2O, and 5m of 1.12% Li20 and Rock Tech.

Lithium's. Georgia Lake Project, where the Northern Spodumene Pegmatite Area has a Measured resource of 2.31mt at 1.04% Li2O and an Indicated resource of 4.31mt at 0.99% Li2O (Rock Tech 43-101 PEA, March 15, 2021). The Company recently completed a GIS compilation of all historical work and drilling in the area, a preliminary reconnaissance program, as well as a high-resolution heli-borne magnetic survey (results pending) which will aid in providing structural features that is integrally associated with the copper mineralization. Newfoundland - Dipole Lithium Project.

The Dipole Lithium Project is a 997.3-hecatre project located within the Hermitage Flexure structure approximately 50 kilometers along strike of the Sokoman/Benton Kraken Lithium discovery in southwestern Newfoundland. The Hermitage Flexure is a regional-scale structural corridor containing volcano-sedimentary rock units, which are favorable host-rocks for spodumene-bearing LCT pegmatites. The Hermitage flexibleure is thought to be the continuation of the Avalonia to Kings Mountain/Piedmont Trends as discussed below.

During the first half of 2022, Dahrouge Geological Consulting completed a regional metallogenic study of southern Newfoundland and recommended the acquisition of The Property due to its prospective nature for hosting Lithium-Cesium-Tantalum type pegmatite- and/or tungsten mineralization. The Property is host to several positive indicators for lithium mineralization. The Company completed a reconnaissance scale program in late 2022 that successfully accomplished the task of validating the Property's LCT-style affinity by returning highly anomalous lithium values (up to 472 ppm Li) hosted in a felsic intrusive host rock.

This program successfully confirmed that lithium-enriched intrusives are present at Dipole while delineating a newly discovered 100m zone that produced five samples of highly anomalous lithium values from 367 ppm to 472 ppm to 472 ppm Li.