Power Minerals Limited announced further positive results from its Mineral Resource definition drilling program at the Salta Lithium-Brine Project, in the Salta province in the lithium triangle of north-west Argentina. The third drill hole in the program at the Incahuasi salar (PM23-IN-03) has been successfully completed to a depth of 205 metres, and has intersected a total interval of approximately 200 metres with the potential to host lithium in brines. Assay results from four packer brines samples taken from selected intervals have returned consistent lithium grades, ranging between 165ppm Li and 196ppm Li, along with excellent brine density, of up to 1.21g/ml (grams per millilitre).

Hole PM23-IN-03 was drilled on the north-eastern extent of the Incahuasi salar, and was designed to confirm the presence of lithium-bearing brines under the alluvial fan on the eastern side of the salar. Drilling has successfully confirmed this outcome. The results indicate similar and consistent lithologies to the first two completed drillholes of the program, PM22-IN-01 and PM22-IN-02, and enhance Incahuasi's Mineral Resource potential.

Power advises that the fourth, and final, drillhole at Incahuasi (PM23-IN-04) has also been completed. This hole was drilled under the alluvial fan in the southern region of the salta, and results will be released when available. The drill rig and crew have demobilised from Incahuasi in preparation for the commencement of drilling at the next priority target, the Rincon salar.

Brine samples and core from PM23-IN-03 have been sent for laboratory analysis to determine detailed brine chemistry and density, drainable porosity, and confirm lithium grades. Results will be reported when they are available. The positive results from Power's Resource drilling campaign at the Salta Project follow the successful outcome of the 40 litre bulk-sample testing program of brines from each of the Incahuasi, Rincon and Pocitos salares conducted by the Company's Direct Lithium Extraction (DLE) partner, Sunresin.

The bulk sample from each salar was successfully processed through Sunresin's proprietary DLE technology, and confirmed that the individual brines are compatible with Sunresin's DLE technology and plant, and successfully produced a lithium concentrate. Background to Incahuasi Mineral Resource Drilling: The drilling at the Incahuasi salar represents the first phase of Power's ongoing JORC Mineral Resource expansion drilling campaign at the Salta Project. Drilling at Incahuasi is now complete and is scheduled to commence at the next target, the Rincon salar imminently.

Drilling is then planned to progress to the Pocitos salar. The drilling campaign is designed to add substantial new resources to the Salta Project's existing JORC Mineral Resource, to support project development plans. The drilling at the Incahuasi salar is aimed at delivering a maiden JORC Mineral Resource at this target, which would contribute additional resources the Project's resource inventory.