• Significant high-grade graphite intersections up to 21.5% TGC
• Drilling focused on area between Burke and Mt Dromedary deposits
• Aim to delineate combined upgraded and expanded JORC Mineral Resource

Lithium Energy has received the assay results from the first 7 Reverse Circulation (RC) holes completed at its high-grade Burke/Mt Dromedary Graphite Projects in Queensland. The drilling program is focused on the area between the existing Burke and Mt Dromedary Deposits, with the objective of delineating a combined upgraded and expanded JORC Indicated and Inferred Mineral Resource across the two deposits. Significant high-grade graphite intersections have been encountered, including 32m @ 15.3% TGC from 46m, 22m @ 21.5% TGC from 55m, and 17m @ 20.6% TGC from 36m. These results confirm the high-grade nature of the graphite mineralization at the projects. To date, Lithium Energy has completed 29 RC holes (totalling ~3,082m) and 3 diamond holes (totalling ~250m), with the balance of the drill holes to be completed in the coming months. The Company plans to delineate a combined upgraded and expanded JORC Mineral Resource for the Burke/Mt Dromedary Deposits from the current 2025/2026 in-fill resource development drilling program.

Lithium Energy is focused on delineating a combined upgraded and expanded JORC Mineral Resource for the Burke and Mt Dromedary Graphite Deposits through the current 2025/2026 in-fill resource development drilling program.