Recharge Resources Ltd. provided the following update on its drilling plans at the Pocitos 1 Lithium Brine Project located near Pocitos township in Salta Province, Argentina. The company has outlined a plan to drill an additional 3 holes at the Pocitos project. The drill holes will be focused on: Resource Expansion: The company is currently awaiting its much-anticipated NI 43-101 maiden resource estimate being prepared by WSP Australia Pty Ltd. Additional holes will be positioned using the previously completed MT survey and NI 43-101 report to expand upon the maiden resource.

Resource Confidence: The wells will be ideally positioned to reclassify the resource from the indicated and inferred category to the measured category, and then with Ekosolve engineering data to the proven and probable category which will be the premise of the company's follow-on scoping and bankable feasibility studies. Production Ready: One of the three wells will be bore out to a production diameter in preparation for the installation 4-6 other production wells to allow up to 20,000 tonnes per year of lithium carbonate/lithium chloride to be produced from the proposed Ekosolve plant at the Pocitos project. The drilling plan currently being reviewed is pending permits from the Salta mining courts and Mining Directorate.