CBLT Inc. reported the results from its first sampling program at Shatford Lake, Manitoba in the Bird River Pegmatite Field. Based in part on guidance from historical field notes and drill logs, the company's field team located and sampled several pegmatite outcrops during the 2021 field season. A total of 14 samples were collected. Results have now been returned. One sample, 14210, was inadvertently taken immediately adjacent to CBLT's Shatford Lake property. This sample returned 0.534% Li2O and 0.62% Rb2O. Though this sample was taken off the company's property it gives an indication of the presence of lithium-bearing LCT pegmatites in the area. The structure hosting this sample has been inferred to cross back onto the company's property, and will be followed and sampled in future exploration programs. All the samples were from pegmatites on the western side of Shatford Lake near where a structure has been mapped by CBLT. The field program will continue in 2022 with further sampling and mapping of as much of Shatford Lake as possible. In addition to that data, part of the reason for the company's enthusiasm about Shatford Lake is its proximity to the Tanco Mine, which also hosts LCT pegmatites. It has been estimated that Tanco's lithium reserves are 7.3 million tonnes at 2.76% Li2O. This is a historical third party estimate from 1991 and the company has no information as to the methodology used to calculate this estimate or whether it was carried out under the supervision of a Qualified Person, as that term is defined in NI43-101. Readers are cautioned not to rely upon this estimate. The historical field notes referred to above also noted several other areas at Shatford Lake where pegmatites were observed, but the company was not able to visit these in 2021 due to extensive forest fires, the commandeering of helicopters by the province of Manitoba, and an early deep snowfall. Mapping and sampling are planned for these areas in the 2022 season.