Peloton Minerals Corporation has staked 222 new mineral claims in the vicinity of the Company's Golden Trail, Emigrant Springs and Texas Canyon claim blocks in northeastern Nevada. When the newly staked claims are filed and recorded with the appropriate agencies, the Company's ground position in the area will total 408 claims or about 8,160 acres. Going forward, the Company plans to refer to all of these claim blocks as the North Elko Lithium Project.

The Company is planning a number of ground exploration programs and drilling, The Company has retained IBK Capital Corporation of Toronto to source lithium exploration capital.