The Utah Lithium Project is located approx. 60km SSE of the City...

The Utah Lithium Project is located approx. 60km SSE of the City of Moab, in the State of Utah in the United States.•The total land position is 93,755acres and includes: o34,670 acres within anOther Business Agreement (OBA) with the Utah State Government’s School and Institutional Trust Lands Administration (SITLA).oThe remaining land position of approximately 59,085acres is comprised of over 2,950 staked Bureau of Land Management (BLM) placer claims.•Mandrake has potash rights over SITLA tenure only.•All the land tenure / staked BLM claimsare100% owned by Mandrake’s US subsidiary (Mandrake Lithium USA Inc.) or held in trust by Mandrake’s commissioned landman, in which the deeds are awaiting transfer to Mandrake Lithium USA Inc.