Ann: Lithium Exploration Update - Eastmain Leran, page-3

Mont Royal Executive Director, Peter Ruse, commented: “Mont Royal is pleased to report
results confirming the discovery of a new spodumene-rich boulder field 1km north-west of the MRNFQ
2016 database showing. The focus of the next phase of work will be to carry out detailed prospection on
a 2.5km northwest trend that is located near the contact of the granite and greenstone belt on the
Eastmain Léran property. Identifying the LCT pegmatite source of the boulder field is now the key priority
of Mont Royal’s technical team. Furthermore, a tantalum rich zone has been identified in the central part
of the Eastmain Léran property that will be subject to a new LIDAR survey and fieldwork teams
prospecting throughout the second phase work program. The work program is due to commence
imminently.”