Ann: Multiple Brine Horizons in 2nd Hole at Liberty Lithium, page-154

25 October 2023
Drilling to commence on large scale Liberty Lithium Brine Project USA
• QXR to commence a 1000 metre drilling program in the coming days over the large scale (102km2
)
Liberty Lithium Brine Project in the western USA in which QXR is earning 75% of the project.
• Two large diameter deep diamond drillholes (500m each) are centred over an extensive lithium brine
surface anomaly over 10km with geophysics indicating conductive brine aquifer targets at depth.
• Targeting the potential for aquifers at depth hosting lithium bearing brines, which will be submitted
for analysis and testwork with various direct lithium extraction (DLE) providers.
• The Liberty Lithium Brine Project’s geological setting mirrors Albemarle’s nearby producing Silver Peak
lithium brine deposit in Clayton Valley.