NOA Lithium Brines Inc. announced that mining claims covering 38,676 hectares ("ha") at the Arizaro salar and 8,088 ha at the Tolillar salar, located in Salta province, Argentina have been officially registered in the name of a wholly owned subsidiary of NOA in the Mining Cadastre of the Province of Salta, pending final granting as mining concessions. The 12 new Arizaro claims, known as Hilario XII to Hilario XXIII, consolidate one single block of contiguous claims, and will result in the Company holding a total of 77,704 ha of mining claims at the Arizaro Salinas Grandes salars. At Tolillar, the 3 new claims, known as Ema II, Ema III and Ema VI, are located west of the Company's current Tolillar claims, and expand the Company's mining rights in this salar to a total of 10,836 ha.

With these new mining claims, NOA now controls more than 140,000 ha in the Lithium Triangle in Argentina, of which more than 120,000 ha are located in the Rio Grande, Arizaro and Salinas Grandes salars, which represent the Company's three highest-priority assets. With the addition of these claims, NOA holds one of the largest land positions by a single company in the Arizaro salar. The well-known exploration potential of the Arizaro salar, and extensive land position in this area provides a great opportunity for NOA to continue to explore this region, following the completion of successful exploration efforts at Rio Grande project.

The initial drilling campaign at Rio Grande will be completed by year end and are on schedule to release maiden resource at Rio Grande in early 2024.