Afternoon trading April 17, page-21

HOA SIGNED FOR CANADIAN LITHIUM PROJECTS
LOCATED IN PROSPECTIVE JAMES BAY LITHIUM DISTRICT
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HIGHLIGHTS
Executed HOA for exclusive option to acquire three lithium projects in
prospective lithium district of James Bay, Quebec
Mia Adjacent Lithium Project – 120km2 project area, adjacent to Mia-1 & 2
lithium prospects, with historically mapped pegmatites
Lac C Lithium Project – 22km2 project area, located SW of Winsome
Resources Cancet Lithium Project, with pegmatite outcrops
Corvette East Lithium Project – 40km2 project area, located 18km east of
Patriot Battery Metals Corvette Lithium Project, with multiple pegmatite
outcrops
Strategic ~182km2 lithium landholding in highly prospective James Bay region
in Quebec Province
All three projects have had historical fieldworks conducted by Quebec Ministry
of Energy and Natural Resources
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Discovery Alaska Limited (ASX: DAF - “Discovery Alaska” or “Company”) is pleased to
advise that it has entered into three separate Heads of Agreements (each a “HOA”)
with 1Life Holdings Ltd (“1Life”) for the exclusive rights to acquire 100% of the Mia
Adjacent and/or Lac C and/or Corvette East Lithium Projects in Quebec Province,
Canada.
The HOA’s allow the Company to conduct due diligence works at each project for a
75 day period (from 4 March 2023), including exploration activities.