Fall Exploration Program On Idaho Cobalt Properties

TORONTO - Idaho Champion has mobilized a technical team to begin advancement of the Company's cobalt projects located in the heart of the Idaho Cobalt Belt. The Idaho Champion technical team has arrived in Salmon, Idaho and will prioritize the Twin Peaks and Victory projects for the 2022 fall program. This will consist of: 1) Comprehensive site reconnaissance. 2) Field program - preliminary geologic mapping. 3) Initial ridge and spur soil sampling.

Jonathan Buick, CEO, said, "We are pleased to be boots-on-the-ground in Idaho to advance our cobalt properties, where our team has already completed a comprehensive desktop evaluation. The US government has been explicit in the country's needs for domestic critical metals supply, including cobalt. The Idaho Geological Survey recently flew an airborne survey across Butte County, providing valuable regional scale data to all the players in the area. Jervois Mining has recently announced the commencement of production in the district, and exploration activities are ramping up with the strong cobalt demand for use in lithium batteries. All of this has driven Idaho Champion to expedite our first phase of fieldwork and move the projects forward as quickly as possible. We see a real opportunity to make an impact joining our peers in the Idaho Cobalt Belt."