Solstice Gold Corp. provided an update on the exploration program at its Stewart Lake Project ("SLP") in the English River Subprovince ("ERS"), approximately 275 km NNE of Thunder Bay, Ontario. Solstice's 2023 exploration program covered the majority of the SLP Property using road, boat, and helicopter-based prospecting traverses, as well as an initial soil survey.

Over 350 pegmatites have been delineated through 2023 prospecting and historical drilling and are widely distributed across the property. A combination of high pegmatite density, fertile mineral assemblages, and elevated lithium in indicator minerals, define a broad swath of fractionated fertile pegmatites coincident with major regional structures in the east and southeast of SLP which believe suggest high potential for spodumene mineralization in the area. Major faults traversing the property define a sub-domain boundary zone.

These juxtapose two structurally distinct granite - migmatite terrains and bound a regionally extensive iron formation and metasediment stratigraphy. The most fractionated pegmatites and most promising geochemical signatures are developed within these fault zones, especially where associated with the iron formation package. The Most fractionated pegmatites occur mainly in the east and southeast part of the project area, where numerous pegmatites occur, some with thicknesses exceeding 25m and crystals of albite up to 1m across.

Over 14km strike length of this target area remains to be explored and will be the focus of exploration in 2024.egmatite Geochemistry Compares Favourably with Established LCT Pegmatite Districts: Extensive geochemical analysis using LIBS and whole rock geochemistry show indicators of fertility across the property with the best values being found within the sub-domain boundary structural zone, especially in its southeastern part of the project area. Whole rock geochemistry of these pegmatites compares favourably with other established pegmatite districts - particularly the Quetico Subprovince and the Allison Batholith3 areas, both of which host numerous spodumene-bearing pegmatites and lithium deposits. Soil Survey results exhibit elevated multielement anomalism (Li-Rb-Cs-Nb-Be) adjacent to exposed pegmatites discussed above.

Stronger anomalies are identified in other overburden covered areas of the limited survey identifying new targets and demonstrating the utility of soils surveys in LCT pegmatite exploration. The strongest results define anomalies that crosscut the stratigraphic trend and are present where there is no outcrop or historical drilling. These anomalies suggest that an expanded soil program has the potential to delineate additional pegmatite targets.

Sampling of these pegmatite targets. Samples have been delineate through 2023 prospecting and historic drilling.