Mr. Brayden Sutton reports

SORRENTO RESOURCES COMPLETES PROSPECTING PROGRAM ON PEG LITHIUM PROJECT

Sorrento Resources Ltd. has completed the prospecting program on the PEG lithium property in central Newfoundland, as previously announced on Aug. 10, 2023.

Over the course of the prospecting program, 283 grab samples were collected and four new beryl occurrences were identified. The goal of the program was to expand on the known Snowshoe Pond occurrence and delineate new lithium-bearing pegmatites. Crews were successful in identifying numerous new pegmatites. Assays will determine if these pegmatites are indeed lithium-bearing and all samples have been submitted to AGAT laboratories for analysis. Sorrento will provide results once they are received.

"The completion of the initial prospecting program at the PEG property was successful. We are excitedly awaiting analytical results," stated Brayden Sutton, chief executive officer.

The property is located approximately 45 kilometres south of Millertown and consists of one mineral licence covering an approximate area of 4,525 hectares. The mineral licences are 100 per cent held by Sorrento Resources. Access to the property is via a well-maintained road connecting Millertown with the NALCOR hydroelectric facility at Granite Lake.

The work program consisted of prospecting, mapping, and sampling of pegmatites and host rocks to determine the degree of pegmatite fractionation and any lithium mineralization present. These results will be used as exploration vectors for future work programs on the property.

Qualified person

The technical information contained in this news release has been reviewed and approved by Dean Fraser, PGeo, a qualified person as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

About Sorrento Resources Ltd.

The company is engaged in acquisition, exploration and development of mineral property assets in Canada. The company's objective is to locate and develop economic precious metal and base metal properties of merit and to conduct its exploration program on the Wing Pond property. The Wing Pond property is located roughly 40 kilometres east-northeast of Gander, Nfld., Canada, in central Newfoundland.

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