Mr. John Morgan reports

STEADRIGHT COMMENCES SUMMER EXPLORATION ON RAM DISTRICT SIZE NICKEL-COPPER-COBALT POTENTIAL

Steadright Critical Minerals Inc.'s exploration team has commenced its exploration program on the highly prospective RAM project near Port Cartier, Que., which is associated with nickel-copper-cobalt- PGE (platinum group elements) mineralization. The RAM project has a strike length of over nine kilometres on the Main Block area and a two km splay with both over 500 metres wide and open at depth. The entire strike length currently contains drill ready targets based on the alignment of the magnetic, gravity, ground and airborne EM anomalies coincident with identified geological targets.

The first phase of the exploration program includes prospecting the old INCO workings on the west side of the RAM property, which was recommended at the time by INCO Geologists to follow up on the Ni, Cu, Co, PGE potential, along with exploring the newly acquired RAM Nord property. Environmental studies and drilling are presently being discussed for this season as the area of the Gaspe Bay stays warmer for longer extending the possible drilling season until mid-December.

The RAM property is a model for magmatic Ni-Cu-Co-PGE sulphides, which suggest deposits formed by segregation of immiscible sulphide-melt from a silicate-host magma. These deposits evolve via processes such as magma mixing, rapid cooling, differentiation and contamination (sulphur sources).

Robert Palkovits, vice-president of exploration for Steadright, notes: "Strategically, the geological environment can host deposits such as that found at Voisey's Bay, Nfld., or as Talon Resources (TSX: TLO) and Polymet (TSX: POM) in the Duluth complex situated within anorthositic complexes. These deposits can range from smaller, high-grade deposits to very large low-grade deposits. Based on current data and the shear size of the complex, all options for tons and grade are on the table for what may exist on the property."

John Morgan, Steadright chief executive officer, comments: "Steadright's world-class team of experts in nickel and copper has put together a terrific historical compilation. The RAM Ni-Cu-Co project near Port Cartier is situated in a world-class location with access to worldwide distribution with infrastructure and deep-water ports and is prospective for supporting mining."

Qualified person

Robert Palkovits, PGeo, a consultant to Steadright, who is a qualified person (QP) under National Instrument 43-101 -- Standards of Disclosure of Mineral Projects has reviewed and approved the scientific and technical information in this press release.

About Steadright Critical Minerals Inc.

Steadright Critical Minerals is a mineral exploration company established in 2019. Steadright currently holds an option on its RAM property near Port Cartier, Que., within the Gaspe Bay region, which is accessible by route 138. The RAM project comprises 4,201 acres and located on a Anorthositic complex that is in a highly prospective geological unit and historically been under explored for nickel, copper, cobalt and precious metals.