US Critical Metals Corp. ('USCM') (TSXV: USCM, OTCQB: USCMF; FSE: 0IU0) and US Critical Materials Corp. ('Materials Corp.') (collectively, the 'Partners') are pleased to report the results for the surface sampling completed at the Sheep Creek Rare Earth Project in southwestern Montana ('Sheep Creek' or the 'Project').

The Partners received analytical results for 41 chip/channel and grab rock chip samples collected during the Fall of 2022. The sampling covered areas proximal to the underground workings developed in the late 1950's for niobium mineralization by the Continental Columbium Company along with new carbonatite exposures north, south and west of the historic workings. The historic workings and property have not been previously evaluated for rare earth mineralization. Samples were analyzed by Activation Laboratories (Actlabs), located in Ancaster, Canada.

Highlights from the Surface Sampling Program

Continued confirmation that Sheep Creek is one of the highest-grade rare earth projects in the US and further refinement of drill targets in the highest priority zones of surface and sub-surface mineralization.

A total of 37 carbonatite samples revealed rare earth mineralization with grades up to 171,317ppm (17.13%) Total Rare Earth Elements ('TREE'; Sample 21045), including 22,910ppm (2.29%) combined neodymium and praseodymium ('NdPr') which are the most sought after of the LREE group.

To date, the Partners have collected 78 surface samples from widespread carbonatite exposures in the northern part of the project area. These results reveal an average of 41,512 (4.1%) TREE, including an average combined 5,882.9ppm (0.58%) neodymium and praseodymium.

The carbonatites at Sheep Creek are strongly enriched in light rare earth elements ('LREE') with an average value of 4.14% compared to 132.9ppm for heavy rare earth elements ('HREE').

Preliminary evaluation of the project area has occurred over one-third of the total area staked by the Partners. Significant additional acreage remains to be explored and it is anticipated that additional carbonatites will be identified.

The Partners will input the results into detailed geologic maps and will be forthcoming with additional results including underground, stream sediment and soil samples. Integration of the 2022 geologic mapping and geochemical studies will assist the Partners in the design of an airborne geophysics survey in 2023 and improve the understanding of the rare earth-bearing structures.

About US Critical Metals Corp.

USCM is focused on mining projects that will further secure the U.S. supply of critical metals and rare earth elements, which are essential to fueling the new age economy. Pursuant to option agreements with private Canadian and American companies, USCM's assets consist of four agreements, each providing USCM with the right to acquire interests in five discovery-focused projects in the US. These projects include the Clayton Ridge lithium project located in Nevada, the Sheep Creek rare earth project located in Montana, the Haynes cobalt project located in Idaho, the Lemhi Pass rare earth project located in Idaho and the Long Canyon uranium project located in Idaho. A significant percentage of the world's critical metal and rare earth supply comes from nations with interests that are contrary to those of the US. USCM intends to explore and develop mineral resources with near- and long-term strategic value to the advancement of US interests.

About US Critical Materials Corp.

US Critical Materials Corp. is a private rare earths exploration and development company with holdings in Montana and Idaho. Future development of the Properties includes additional exploration, geologic mapping, sampling and analysis, and drilling with the objective of completing a future resource and reserve estimation. The deposits in Sheep Creek are unique due to low levels of thorium, as discussed above, which potentially allows mining with minimal damage to the environment. U.S. Critical Materials goal is to develop its properties with strategic partners who have the capital and expertise to explore, mine and extract the critical minerals. US Critical Materials Corp. is based in Salt Lake City, Utah.

Contact:

Darren Collins

Tel: 1-786 633-1756

Disclaimer for Forward-Looking Information

This news release contains certain information that may be deemed 'forward-looking information' with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words 'expects,' 'plans,' 'anticipates,' 'believes,' 'intends,' 'estimates,' 'projects,' 'potential' and similar expressions, or that events or conditions 'will,' 'would,' 'may,' 'could' or 'should' occur. Forward looking information contained in this press release may include, without limitation, exploration plans and expected exploration results at the Project, results of operations, and the expected financial performance of the Company.

Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company's expectations, as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company's public disclosure documents filed on the SEDAR website at www.sedar.com.

The forward-looking information contained in this press release represents the expectations of USCM as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While USCM may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.

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