Tarku Resources Ltd. provided an update on its 100% owned MAX Lithium property, located in Quebec, Canada, 45 km north of Val-d'Or and 4 km southwest of Sayona Mining's North American Lithium mine (proven reserves of 1.2 million tonnes grading 0.92% Li2O and probable reserves 28 million tonnes grading 0.96% Li2O). Initial reconnaissance work was carried out early in the summer in preparation for the next exploration steps. Even though the exploration team was forced to hastily evacuate the area due to uncontrolled forest fires, the one week of field work completed was sufficient to identify what appeared to be numerous metric-sized pegmatites scattered throughout the property.

While Tarku is aware that not all pegmatites in this type of geological environment are lithium-bearing, the Company's recent compilation work shows that very little exploration has been done on the property in the last 30 years despite its prime location next door to Sayona Mining operations, with its identical geological context, and the many lithium-bearing pegmatites found in the vicinity of the property. The next stage of exploration will include mapping and trenching to better define the spodumene-bearing pegmatites, with a view to preparing for a drill program on the property as soon as possible. Access and exploration work, including drilling, are possible year-round on the property, which makes it logistically easier to explore.

The Company is eager to advance its understanding of the property's lithium potential. Following its initial drilling program, Tarku is working on an NI 43-101-compliant technical report on its wholly owned Apollo project. The report will provide more ample information on the property geology and the results of the first drilling program, and will make recommendations for future work.

Tarku expects to complete the report in the coming weeks.