Solstice Gold Corp. provided an update on the exploration program at its Church and Kamuck Projects in the Quetico Subprovince, located approximately 85 km and 200 km NE of Thunder Bay, Ontario, respectively in the actively explored Quetico lithium district. Spodumene discoveries reported by exploration groups in 2023 are defining a greatly expanded area with high lithium potential within the Quetico subprovince.

The Quetico Lithium District is centred around the Georgia Lake Lithium deposit (owned by Rock Tech). In 2023, a new spodumene discovery was reported by Pegmatite One (PGA) west of the Georgia Lake pegmatites and within 15 km of Solstice's Church Property. Spodumene was also reported in 2023 to the east of Georgia Lake by Tearlach (TEA) on their Georgina Properties2, immediately adjacent to Solstice's Gathering Lake claims, optioned to Green Technology Metals.

Solstice's Kamuck Property is located just to the east of these discoveries and exhibits abundant fertility indicators. Further exploration of the area included prospecting and sampling throughout the fall of 2023, whole rock geochemical and LIBS analysis. Further study of publicly available geological and geophysical data has also helped to reveal promising geochemical and structural trends related to pegmatites on the Project.

Key results include: Analysis of Ontario Geological Survey (OGS) radiometric data6 show Equivalent Uranium ("eU") anomalies that are related to a major structure - the Black Sturgeon River Fault ("BSRF") and related faults which are also developed near Pegmatite One's recent spodumene discovery and other known pegmatites in the area. The eU anomalies are interpreted by Solstice to be associated with a potassic granite source intrusion(s) which may also be the source of related pegmatites on the Property. This is supported by low K/Rb ratios in pegmatites sampled to date outside the main area of eU enrichment.

LIBS analysis in an unknown mineral has registered readings of up to 5,470ppm Li (1.18% Li2O) in a newly identified area of pegmatites in the SE area of the Project. Much of the Church Property has not been prospected or sampled. Based on the promising results that are clearly tied to eU anomalies that have analogs to the North along the BSRF, these areas have the potential to host LCT Pegmatites, and therefore the next step on the Property will be to cover the rest of this area with detailed prospecting and sampling.

Both properties produced favourable results in 2023, which continues to show promise for Solstice?s projects in the Quetico Lithium District: Preliminary exploration at Church in August of 2023, covering less than 5% of the area, delineated five 12-30m-wide pegmatites with quartz, albite and potassium feldspar along with books of muscovite, garnet, and beryl or fluorapatite. High Lithium values in alkali feldspars (50 - 280 ppm using LIBS4) define a lithium-enriched trend along the Southern end of Church. This trend largely aligns with the anomalies in radiometric data which continue to the north of Church and are spatially related to the Pegmatite One spodumene occurrence.

LIBS analysis of unknown minerals at both Church and Kamuck have registered strong lithium responses. At Church, readings of up to 1.18% Li2O in an unknown mineral are coincident with the southern radiometric anomaly. At Kamuck, readings of up to 3.0% Li2O in a green mineral, likely fluorapatite were recorded after only one day of prospecting.

Further exploration of the area included prospecting and sampling throughout the fall of 2023, whole rock geochemical and LIBS analysis. Further study of publicly available geological and geophysical data has also helped to reveal promising geochemical and structural trends related to pegmatites on the Project. Key results include: Analysis of Ontario Geological Survey (OGS) radiometric data6 show Equivalent Uranium anomalies that are related to a major structure ?

the Black Sturgeon River Fault (BSRF) and related faults which are also developed near Pegmatite One?s recent spodumene discovery and other known pegmatites in the area. The eU anomalies are interpreted by Solstice to be associated with a potassic granite source intrusion(s) which may also be the source of related pegmatites on the Property. Some pegmatites in the area are known to be uranium-bearing.

Geochemical analysis using LIBS has identified a lithium-enriched trend of over 50 ppm Li in alkali feldspars (50 ? 280ppm), from potassic granites or pegmatites. Similar readings in alkali feldspars have been shown to be reliable indicators for the presence of spodumene in known lithium districts.

Sampling to date at Church suggests that elevated lithium in alkali feldspars is largely coincident with the pronounced eU anomaly. More regionally, the Pegmatite One spodumene occurrence and mapped (OGS) fertile pegmatites also display a close spatial relationship with eU anomalies. eU anomalies coincident with lithium enrichment in alkali feldspars at Church suggest potential fractionation outwards from core potassic (and uranium-enriched) source intrusion area(s).

This is supported by low K/Rb ratios (a measure of fractionation) in pegmatites sampled to date outside the main area of eU enrichment. LIBS analysis in an unknown mineral has registered readings of up to 5,470ppm Li (1.18% Li2O) in a newly identified area of pegmatites in the SE area of the Project. Kamuck Property Solstice acquired the 31km Kamuck Property in October 2023 after a one-day property due diligence examination.

Key observations include: Confirmation of a well exposed pegmatite swarm covering a 1km by 800m area which was initially identified using aerial imagery. The pegmatite is typically coarse-grained plagioclase feldspar with abundant indicators of fertility including books of muscovite, garnet, cordierite, and possible fluorapatite10. The pegmatite swarm correlates with a pronounced ENE and NNE trending, 3.9km long eU radiometric anomaly11 that satellite imagery shows has extensive exposure.

Elevated Li content (LIBS readings of up to 3.0% Li2O) in a green mineral, likely fluorapatite12. According to Selway et.al., ?the presence of blue or green Mn-rich fluorapatite indicates that the pegmatite has economic potential for Li-Cs-Ta?13. The fluorapatite also contains up to 1.02% Mn (1.31% MnO) which is also noted as a component in other fluorapatites in LCT pegmatites.

The pegmatite swarm lies at the western end of, and is coincident with, part of a prominent ~3km ENE-trending eU anomaly interpreted to be a potential fault structure along which additional pegmatites may be developed. This, and other prominent structures and eU anomalies will be prospected in the 2024 field season. Upon seeing positive correlations between eU anomalies and lithium values in alkali feldspars at Church and Kamuck, Solstice subsequently staked a strong eU anomaly adjacent to Kamuck to bring its entire area to 43 km.