Oceana Lithium Limited announced commencement of exploration field work at its Solonopole project in Ceara State, north-eastern Brazil. The initial focus will be on the highly prospective Lapinha Zone in the southern part of the tenure currently held by Oceana to follow up high grade lithium surface samples taken by previous owner. A review of the historic mapping and geochemical analysis of samples of the mineralised LCT (lithium-caesium-tantalum) pegmatites within the Lapinha Zone conducted by Oceana has found some exceptional high-grade lithium oxide (Li2O) and tantalum pentoxide (Ta2O5) results.

The outcropping pegmatites that have been historically targeted by artisanal miners. Samples from the Zilcar and the Lapinha 2 prospects recovered from field work conducted by a previous explorer in 2017-2018 that were never followed up returned values of up to 9.29% Li2O and up to 4,311 ppm Ta2O5 respectively. The upcoming field work will guide drill target ranking for the maiden drilling campaign later in the year.

Oceana has acquired a regional exploration database for the Solonopole project area from a previous mineral explorer. The data is currently being reviewed and integrated into the Company's database and is expected to aid the drill targeting process.