Mr. Gurminder Sangha reports

FE BATTERY METALS INTERSECTS 1.29% LITHIUM OXIDE OVER 23 METERS AT THE AUGUSTUS LITHIUM PROPERTY

FE Battery Metals Corp. has shared the positive results of drill hole LC23-67, representing a significant development for the company's efforts to work toward its maiden resource estimate at the flagship Augustus lithium property.

Drill hole LC23-67 penetrated a lithium mineralization zone with a width of 23 metres at an impressive grade of 1.29 per cent lithium oxide (Li2O) grade at a drilled depth of 161.5 metres. Moreover, the section exhibits highly anomalous values of other rare and valuable metals, including beryllium at 133.63 parts per million, cesium at 184.49 parts per million, niobium at 59.89 parts per million, tantalum at 53.12 parts per million and rubidium at 1,337 parts per million, as detailed in the attached table.

This new intersection further delineates the mineralization potential of the Augustus central zone. Throughout the 2021, 2022 and 2023 drill programs, lithium-bearing pegmatites have been traced continuously by drilling (at approximately 100-metre to 200-metre spacing) at Augustus and remain open along strike at both ends and at depth. The company has also demonstrated success in locating multiple lithium-bearing pegmatites in new and old showings over a significant strike length across the entire project.

Drill hole LC23-67 was located at co-ordinates 5368019.747, 287236.622 E, UTM NAD 1983 zone 18N, drilled toward the southwest at 224 degrees with dip of minus 52.48. The hole was cored to a drilled depth of 285 metres. This pivotal drilling took place within the heart of the main Augustus zone.

Quality control and quality assurance (QA/QC) measures have been implemented during the exploration process. The core logging and sampling procedures occur at the core shack, equipped with a rock saw, located in St-Dominique du Rosaire village, approximately 50 kilometres from the property. Field duplicates, standards and blanks are regularly incorporated at industry-standard intervals to ensure the accuracy and reliability of results. The collected samples have been meticulously prepared and delivered to Activation Laboratories (Actlabs) in Ancaster, Ont., an independent and ISO-certified laboratory, for analysis using laboratory code Ultratrace 7 and sodium peroxide fusion (Na2O2).

Afzaal Pirzada, PGeo, geological consultant of the company and a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects, has meticulously reviewed and endorsed the scientific and technical data presented in this news release.

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