US Critical Metals Corp. announced that it has completed the first phase of drilling at the Clayton Ridge Lithium Property ("Clayton Ridge" or the "Project") located in Esmeralda County, Nevada. Clayton Ridge is located on the eastern flank of the Clayton Valley, the only lithium producing region of the United States.

The Company has completed approximately 1,000 meters of core drilling into the south and central zones of Clayton Ridge. The core has been cut, logged and will be sent to American Assay Labs for assaying. The initial phase of the program consisted of 11 holes and was completed by Falcon Drilling Inc. ("Falcon Drilling").

The holes were drilled based on sampling from surface outcrops and mapping carried out by the Company. To date, 315 rock chip samples have been collected within the Project area. Each hole was drilled from surface to basement floor.

All holes were drilled from individual drill pads. The initial program utilized the permitted disturbance area of up to 5 acres as previously approved by the Bureau of Land Management ("BLM"). The Company is currently reclaiming a portion of these lands with the objective of accessing the northern unit of the Property (drill sites L-P).

Documents have been submitted to the BLM and upon anticipated approval, the Company intends to mobilize the drill rig to further test the northern section of the Project. USCM has the right to earn a 100% interest in the Project subject to completing the following, expected to be completed in 2023: drilling 1,500 meters on the Project, paying USD 75,000 in cash to the property vendors; and issuing 500,000 common shares of the Company to the property vendor. Upon completion of the foregoing conditions, USCM will acquire a 100% interest in Clayton Ridge.