Li3 Lithium Corp. announced that it has identified lithium mineralization over 1.2 kilometer strike at the Nels Luck pegmatite target from its ongoing exploration program at the Mutare Lithium Project, located in Zimbabwe. Li3 Lithium holds a 50% operating ownership interest in the Mutare Lithium Project, with the remaining 50% owned by Premier African Minerals Limited, operator of the Zulu Lithium and Tantalum Mine in Zimbabwe.

The Company has received assay results from 842 channel samples collected from trenches during the initial phase of the 2023 exploration program. The trenching program, currently focused on the Nels Luck area, which is situated in the Mutare Greenstone Belt (?MGB?) East zone, is expected to assist in identifying priority targets for the upcoming 5,000-meter exploration drilling program scheduled to start in the coming weeks. 2,349m of trenches uncovered a 1.2 km long and up to 60m wide pegmatite(s) at Nels Luck 842 samples taken from the trenches were sent for analysis in June and July Highly anomalous results across the pegmatite including 36 m of 0.37% (3692ppm) Li2O The trenching program consisted of 25 trenches for a total of 2,349m.

A total of 598m of pegmatite was intersected in the trenches. The Nels Luck claims hosts a group of lepidolite, spodumene, and tantalite, bearing lithium-cesium- tantalum pegmatites with an approximate surface expression of 1,200 meters by up to 100m. The Nels Luck group of claims is situated approximately 15 km northeast in the same stratigraphic package, on the southern limb of a regional syncline, that hosts the Sabi Star Lithium Tantalum Mine.