Metals Australia Ltd. announced it has identified multiple lithium-pegmatite targets on its East Pontois and Felicie tenements, which adjoin the Corvette Lithium Project owned by Patriot Battery Metals and sit on continuations of the CV Lithium Trend. Patriot has announced drilling results from the CV Lithium Trend which include 156.9m @ 2.12% Li2O incl. 25m @ 5.04% Li2O from outcropping pegmatite within what appears to be a world-class lithium-pegmatite corridor.

The CV Lithium Trend continues west into the Company's tenement blocks where several pegmatites have been identified on the East Pontois and Felicie properties. Previous work on the Metals Australia tenements was focussed on gold and base metals exploration. As such, the large pegmatites mapped at the northern end of the Felicie tenement - along strike from the Patriot lithium-pegmatite occurrences - have never been sampled.

These pegmatites will be the priority focus of mapping and sampling field programs, set to commence during the upcoming field season. The Company has also completed remote-sensing satellite (Aster) data interpretation over its tenements and the adjoining CV lithium trend in the Patriot Battery Metals' tenements. The Aster imaging identified the T1 and T2 lithium-pegmatite targets on the Felicie property, where a large pegmatite has been mapped, as well as the T3 and T4 lithium pegmatite targets on the East Pontois property.

The spectral patterns of the Metals Australia targets are similar to the identified lithium-pegmatites in the CV lithium Trend in the Patriot Battery Metals tenements along strike. The next phase of exploration will include a detailed prospecting program during the northern summer field season (May-August) to map and sample the potentially lithium-bearing pegmatites on the Metals Australia tenements. This program will allow the Company to prioritise drilling-targets to test the outstanding lithium potential which has been identified during the northern winter drilling season.