Newfoundland Discovery Corp. Commences Winter Drilling of Up to 10,000 Metres At the Chubb Lithium Project, Quebec
Main Dyke. That drilling defined the Main Dyke to over a length of more than 350 metres. The grade and width of the lithium bearing pegmatite improved towards the south with 1.48% Li2O DDH21-CH-15. For this Winter 2022
program, planned holes will be drilled on sections 50 metres apart and will be focused on the southern extension of the Main Dyke. Three to four holes are planned to be drilled on each section to verify the zone to a vertical depth of 100 metres, with several planned holes to be drilled to verify the pegmatite at a greater depth. The goal of this program is to confirm the continuity of the lithium bearing pegmatite and to potentially proceed with a preliminary resource evaluation. The 100%-owned Chubb Project is located approximately 28km from the town of Val-D'Or, Quebec. This area is one of Canada's most prolific lithium belts and could soon be the country's next lithium producing district. Infrastructure such as powerlines and roads surround the project as Sayona Mining Ltd. advances their Authier Project toward development in strategic partnership with Piedmont Lithium Ltd. and in which Tesla Inc. has already indirectly invested in Quebec's lithium resources through a deal with Piedmont. Management expects the new Covid-19 restrictions implemented in Quebec will have a minimal impact on the drilling program. Company fully comply with health and safety measures recommended by provincial, INSPQ, and CNESST regulations governing mineral exploration activities in Quebec, Canada.