ChemX Materials Ltd. provide the following update on exploration activities at the Company's Jamieson Tank Project in South Australia. ChemX's Jamieson Tank High Purity Manganese Sulphate Monohydrate (HPMSM) project is proposed to become a vertically integrated project, with manganese ore to be sourced from its 100% owned Jamieson Tank Manganese Project on the Eyre Peninsula, South Australia. ChemX intends to process ore based on a metallurgical testwork program currently being conducted.

The first stage of testwork was positive, with the second stage of testwork scheduled to commence in July 2022. The assays received from the 2022 drilling programme, provide significant confidence in the Jamieson Tank manganese mineralisation, previously identified by Monax Mining Limited 2008-2012.