Live Energy Minerals Corp. Reports Initial Samples Returning up to 1907 ppm Lithium at McDermitt Lithium East Project

April 24, 2023, Vancouver, BC — Live Energy Minerals Corp. (CSE: LIVE) (OTC Pink: GTREF) (“Live Energy” or the “Company”) is pleased to announce preliminary sampling results with lithium (Li) concentrations up to 1,907 ppm Li at its McDermitt Lithium East Project (the “McDermitt Project”). This project spans 6,508 acres in Nevada’s McDermitt Caldera, strategically situated in the same basin as the Thacker Pass lithium deposit, which is being developed by Lithium Americas Corp.

Adrian Smith, CEO of Live Energy Minerals Corp., states: “The high-grade lithium results at the McDermitt Project not only confirm the potential for substantial lithium mineralization in the area, but also emphasize the McDermitt Caldera as a highly favorable region for lithium exploration and development, due to its geological setting and proximity to the Thacker Pass deposit.”

Live Energy’s preliminary sampling program involved near surface claystone (rock) and soil samples from surface and historical shallow trenches in the project area. Results demonstrated lithium levels ranging from 30 ppm to 1,907 ppm lithium, with the highest values found in the shallow trenches where intracaldera lake sediments have been exposed.

Disclosure

Adrian Smith, P.Geo., is a Qualified Person (“QP”) as defined by National Instrument 43-101 for the McDermitt Project. The QP is a member in good standing of Engineers and Geoscientists British Columbia (EGBC) and is a registered Professional Geoscientist (P.Geo.). Mr. Smith has reviewed and approved the technical information disclosed above.

Preliminary sampling comprised three samples and averaged 656 ppm lithium. The samples were collected in 8.5” x 12” polyethylene bags and sent to MS Analytical in Langley, BC. Due to the preliminary nature of geochemical rock sampling, certified reference material (“standards”) or blank materials (“blanks”) were not inserted into the sample sequences in the field, although internal samples were inserted into the sample sequence at MS Analytical. Rock samples were crushed to 70% passing 2 mm, then a representative split was taken and pulverized to 85% passing 75 micron. Multi-element analysis was performed by ICP-230 multi-acid digestion, 34 element analysis with an ICP-ES finish.