Mr. Mansoor Jan reports

COMET LITHIUM COMMENCES GRAVITY SURVEY AT LIBERTY

Comet Lithium Corp. has commenced a ground geophysical gravity survey at its 100-per-cent-owned Liberty property in James Bay, Quebec, Canada. The exploration crew is in place to complete the gravity survey by mid November. Insights generated from the gravity survey will assist the upcoming drill program by generating strategic exploration targets. The gravity survey will optimize pegmatite drill targets across Liberty for phase one. This survey will complement the recently completed field and soil sample program.

GRAVITY SURVEY APPROACH:

The ground gravity survey will be carried out by Val-d'Or, Quebec based Geophysique TMC using a Scintrex CG-6. The gravity survey will cover approximately 1.7 km2 following a 20m x 100m grid pattern for a total of 778 stations. This gravity survey is exploratory and aims to delimit the extents of the Winsome Resources Adina pegmatite trend to the east inside the Liberty Property. Comet Lithium will use the data from the gravity survey to better interpret the subsurface geology and structures of the Liberty Property, and detect potential pegmatite contacts in amphibolitized basalt.

Mr. Mansoor Jan, Comet Lithium Interim President & CEO, commented: "The gravity data will greatly assist Comet Lithium's technical team with completing drill targets for the inaugural drill program to validate the Adina trendline at Liberty. This gravity survey adds another building block to refine the targets and may further validate the evidence that Liberty and Adina together may potentially be part of a similar corridor".

Comet Lithium has engaged a Perth-based consultancy to assist in the interpretation of data from the gravity survey and drill target generation, as well as provide on-going technical guidance.

The Company also wishes to draw attention to Azimut Exploration Inc.'s recent Lithium discovery, where they reported significant intercepts of spodumene pegmatites from the maiden core drilling program on the Galinee Property which is on trend and very close to Comet's Liberty Property.

From Azimut's October 23, 2023: "All drill holes carried out so far intersect spodumene pegmatites, currently recognized over a distance of 400 metres laterally. Intercepts of up to 78.4 metres in core length were observed in the first four (4) holes totalling 1,252.8 metres. Additional, prospecting results from a mineralized boulder field in the same area (see press release of September 6, 2023) have yielded grades up to 4.09% Li2O."

Qualified Person

Martin Demers, P. Geo (ogq #770, APEGNB L5980, PGO #3785), registered in the Provinces of Quebec, New-Brunswick, and Ontario a consultant to Comet Lithium, is a qualified person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects. He has reviewed the technical contents of this news release and has approved the disclosure of the technical information contained herein.

About Comet Lithium Corporation

Comet Lithium is a dynamic lithium-focused exploration company active in the prolific James Bay District of Quebec. Comet Lithium's flagship asset is its 100%-owned Liberty Property contiguous to Winsome Resources' Adina deposit, a growing high-grade discovery. Comet Lithium is advancing Liberty to first-ever drilling.

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