EEE Exploration Corp. announced that it has entered into an option agreement with Noranda Royalties Inc. pursuant to which EEE has an exclusive and irrevocable option to acquire up to a 100% interest in 41 mining claims covering 2,100 hectares (21 km2) (the "Property")adjacent to Patriot Battery Metals' project and less than 2.0 km south from Patriot's newly significant lithium discovery. The Lithium Grande 4 project is located 6 km south to the regional and all-weather Trans-Taiga Rd.

and powerline infrastructure and 30 km from the LG4 airport within the James Bay region of Quebec. The Property is situated within the Archean Superior Province of the Canadian Shield, which extends from Manitoba to Quebec and covers approximately 750,000 km2 of Quebec. Within the region, the Superior Province is divided into four distinct subprovinces based on their lithological, metamorphic, geophysical, and structural characteristics: Opatica, Nemiscau, Opinaca, and La Grande.

The Property is situated within the central portions of the volcano-plutonic La Grande Subprovince, proximal to the Opinaca Subprovince to the south. The region is considered to have strong exploration potential for a variety of commodities including base and precious metals, and lithium. The Property is situated in the Langelier Complexe and Guyer Group - Province du Superieur and is mostly composed of tonalite, granodiorite and granite.

The geologic setting is primarily prospective for gold, silver, base metals, and lithium over several potential deposit styles including orogenic gold, volcanogenic massive sulfide, and lithium pegmatite. In addition, Midland Exploration has recently recognized a magmatic- hydrothermal Cu-Au-Ag-Mo deposit style in the immediate region on its adjacent Mythril Property. Pursuant to the option agreement, EEE may earn a 100% undivided interest in the Lithium Grande 4 Project by, over a 3 year period, making aggregate cash payments of $325,000 and issuing an aggregate of 3,000,000 EEE common shares to Noranda Royalties (including an initial cash payment of $25,000 and the issuance of an initial 500,000 on execution of the option agreement), and making an aggregate of $1,850,000 in mining expenditures on the Property.

Upon completing all earn-in obligations, EEE will own 100% of the Lithium Grande project, subject to a 2% net smelter return royalty in favor of Noranda Royalties. The NSR royalty may be reduced at any time from 2% to 1% by EEE paying $1,000,000 to Noranda Royalties.