Announcement • Oct 05

Consolidated Lithium Metals Inc. Completes Baillarge Summer Program

Consolidated Lithium Metals Inc. announced that the summer exploration field activities have been completed at the Company’s 100% owned Baillargé Lithium Project, located in the Abitibi Greenstone Belt approximately 21 km northwest of Val-d’Or, Quebec. The summer exploration program consisted of three key but separate components: a 29 hole, 4,747 m diamond drilling program; an outcrop stripping and sampling program; and a soil sampling program covering the area between the Baillargé Est Showing and the Chubb showing, which is located 1.2 km southeast and along strike of the area covered by the summer drilling program. A total of 4,747 m of diamond drilling was completed with 29 holes testing the three previously known dykes of the Baillargé Est Showing, located just south of Lac Baillargé within the northern half of CLM’s Baillargé Property. All 29 holes encountered lithium-bearing pegmatites and extended the known strike lengths of all three previously known pegmatites. Drilling and outcrop stripping also led to the discovery of a new pegmatite dyke system, Dyke 5, which is located between Dyke 3 and Dyke 7 located under the BE Soil anomaly defined during the Company’s 2022 soil sampling program. Samples have been collected from all the lithium-bearing pegmatites intersected and have been submitted for analysis at SGS Laboratories, a company independent from CLM. The Company anticipates receiving the first assay results from the samples collected in the next few weeks. Dyke 7 has now been defined over a strike length of 354 m and to a vertical depth of 130 m. Dyke 3 has been defined over a strike length of 330 m and to a depth of 120 m. Dyke 1 has a current strike length of 280 m and has been defined to a depth of 100 m. Dyke 5 has a 175 m strike length and has been defined to a depth of 50 m, totaling 1,139m strike length for all drill-tested pegmatites. All four dykes remain open for expansion in both directions along strike and at depth. Dyke widths in individual holes range from tens of centimeters to over 5 m in true thickness. Zoning of spodumene mineralization within the dykes has been observed, consistent with observations made during the 2022 and 2023 outcrop stripping programs. The 2023 exploration program has confirmed the strike direction of the four dykes and that they trend in the direction of the Chubb showing, located approximately 1.2 km southeast of the Baillargé Est area. The Chubb showing is located immediately adjacent to the eastern property boundary and trends onto the Company’s property. The area between Baillargé Est and the Chubb showing has never been drill tested and is considered by the Company to be a high-priority target for future exploration. The Company completed its Phase II outcrop stripping program to expand the known surface strike extent of the three identified spodumene-bearing pegmatite dyke systems that comprise the Baillargé Est occurrence. CLM undertook Phase I of the outcrop stripping program during the fall of 2022. In addition to extending the length of the three known dykes, a new pegmatite dyke was discovered early in the stripping program. The newly discovered Dyke 5 pegmatite was located by stripping the area directly underneath a lithium-in-soil anomaly detected during the 2022 soil sampling program. Lithium bearing minerals including spodumene and lithium-bearing micas were observed in the pegmatites in the newly stripped areas and in Dyke 5. CLM conducted channel sampling of the newly stripped areas of Dykes 3 and 7, as well as along the newly exposed portion of Dyke 5. All four dykes remain open along strike to the north-northwest and south-southeast and at depth. In addition to the discovery of Dyke 5, the newly stripped area of Dyke 3 northwest of the 2022 stripped area yielded a previously unknown portion of the pegmatite that contained highly visible concentrations of lithium- bearing mica and spodumene located only 25 m from the northern end of the 2022 stripped area. Channel sampling was completed on all new stripped areas and the samples have been submitted for geochemical analysis at SGS Laboratories. The Company anticipates receiving the results of these analyses in the coming weeks. The 2023 drilling and outcrop stripping programs have confirmed that the Baillargé Est pegmatites strike southeast towards the Chubb showing, located immediately east of the east property boundary. From various Quebec assessment reports and public disclosures by the Chubb showing owner Burley Resources, the Chubb pegmatites strike northwest in the direction towards the Baillargé Est showing. The 1.2 km long area between the Baillargé Est and Chubb showing is located on the Company’s property and has never been explored. A 248 ppm single sample lithium-in-soil anomaly was detected during the 2022 soil sampling program within the 400 x 200 m grid area along the east property boundary adjacent to the Chubb showing. CLM has completed a 50 x 50 m spaced infill soil sampling program to follow up this 248 ppm Li anomaly covering the area between the Baillargé Est and Chubb showing to define future drilling targets in the highly prospective Baillargé Lithium Corridor. A total of approximately 300 samples were collected for analysis. CLM has elected to analyze the 2023 soil sampling program using the handheld LIBS Analyzer. The Company has been working with the manufacturer of the LIBS Analyzer, SciAps Inc. of Boston, Massachusetts, to develop a soil algorithm for use in lithium exploration using technology. The company anticipates that the development of a LIBS soil algorithm will allow the Company to quickly, efficiently and cost effectively detect lithium-in-soil anomalies in other unexplored areas of CLM’s property portfolio. Approximately 10% of the samples will be analyzed using conventional geochemical analysis as a Quality Assurance/Quality Control check on this new application of the LIBS system. Results from the soil sampling program is anticipated to be received in the next few weeks. Drilling contractor, Les Forages Géo-Nord has drilled at Baillargé Est project. Géo-Nord is employing local drillers from the town of Val-d’Or, Quebec. Géo-Nord was the contractor for the 2021 drilling campaign at Vallee Lithium. Géo-Nord familiarity within the local community and Project site, uniquely provides local knowledge of the Health, Safety, Environmental and Community expectations required to execute the drilling contract. The geochemical soil sampling program was designed and sampled by ABG EXPLORATION technical team based at Amos, Quebec. Their technical team is supervised by a team of 7 OGQ compliant P.Geo. including MSc and 2 PhD geochemist/geostatistician and a structural geologist.

CEO salary percentage	186.67%
CEO tenure	2yrs
CEO ownership	6.9%
Management average tenure	2.8yrs
Board average tenure	3.4yrs

Date	Total Compensation	Salary	Company Earnings
Mar 31 2026	n/a	n/a	-CA$2m
Dec 31 2025	CA$75k	n/a	-CA$1m
Sep 30 2025	n/a	n/a	-CA$653k
Jun 30 2025	n/a	n/a	-CA$1m
Mar 31 2025	n/a	n/a	-CA$2m
Dec 31 2024	CA$140k	CA$140k	-CA$3m
Sep 30 2024	n/a	n/a	-CA$4m
Jun 30 2024	n/a	n/a	-CA$5m
Mar 31 2024	n/a	n/a	-CA$5m
Dec 31 2023	CA$600k	CA$180k	-CA$5m

Name	Position	Tenure	Compensation	Ownership
Brett Lynch	Executive Chairman	3.5yrs	CA$30.00k	4.52% $ 896.3k
Richard Quesnel	President	2yrs	CA$75.00k	6.93% $ 1.4m
Ryan Ptolemy	Chief Financial Officer	4.4yrs	CA$75.40k	no data
Andreas Rompel	Vice President of Exploration	2.8yrs	CA$85.00k	0.28% $ 56.5k
Aaron Atin	Company Secretary	7.3yrs	no data	0.10% $ 20.1k

Name	Position	Tenure	Compensation	Ownership
Brett Lynch	Executive Chairman	3.5yrs	CA$30.00k	4.52% $ 896.3k
Richard Quesnel	President	3.1yrs	CA$75.00k	6.93% $ 1.4m
Robert Bryce	Independent Director	3.3yrs	CA$5.00k	0.020% $ 4.0k
Maxime Lemieux	Independent Director	11.9yrs	CA$5.00k	0.050% $ 10.0k

Data	Last Updated (UTC time)
Company Analysis	2026/05/31 02:15
End of Day Share Price	2026/05/29 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

Consolidated Lithium Metals Management

Management criteria checks 4/4

Key information

Recent management updates

Consolidated Lithium Metals Announces Passing of Director Rene Bharti

Consolidated Lithium Metals Inc., Annual General Meeting, Jun 10, 2026

Consolidated Lithium Metals Inc., Annual General Meeting, Jul 22, 2025

Consolidated Lithium Metals Inc Announces CEO Changes

Jourdan Resources Inc. Announces the Appointment of Roger Lemaitre as Head of Mining

Recent updates

Consolidated Lithium Metals Provides Update on Kwyjibo Rare Earth Project

Consolidated Lithium Metals Announces Passing of Director Rene Bharti

Consolidated Lithium Metals Inc., Annual General Meeting, Jun 10, 2026

Consolidated Lithium Metals Inc. announced that it expects to receive CAD 17.07 million in funding

Consolidated Lithium Metals Inc. announced that it expects to receive CAD 2.5 million in funding

Consolidated Lithium Metals Inc. Announces the Commencement of Its Summer 2025 Exploration Campaign At Its Preissac Project

Consolidated Lithium Metals Inc., Annual General Meeting, Jul 22, 2025

Consolidated Lithium Metals Inc. announced that it has received CAD 0.3 million in funding

Consolidated Lithium Metals Inc. announced that it expects to receive CAD 0.3 million in funding

Consolidated Lithium Metals Inc. Announces the Analytical Results for 206 Soil Samples Recently Collected, at Targeted Locations of Interest, on Three of CLM's 100% Owned Properties

Consolidated Lithium Metals Inc. announced that it has received CAD 0.3 million in funding

Consolidated Lithium Metals Inc. Receives Assay Results from the Spring Diamond Drilling Program on the 100%-Owned East Vallee Project

Consolidated Lithium Metals Inc. announced that it expects to receive CAD 0.3 million in funding

Globex Mining Enterprises Inc. and Consolidated Lithium Metals Inc. Announce the Start of a Drill Program on the East Vallée Lithium Project

Consolidated Lithium Metals Inc Announces CEO Changes

Consolidated Lithium Metals Inc. Receives for the 873 Soil Samples Collected During the 2022 and 2023 Fall Exploration Programs

Consolidated Lithium Metals Inc. and North American Lithium Report Final Set of Assay Results from the Last 40 Holes of the 2023 Summer Drilling Program at the Vallée Joint Venture

Consolidated Lithium Metals Inc. Announces Joint Venture Partner North American Lithium Reports the First Set of Assay Results from the Summer Drilling Program at the Vallée Joint Venture Lithium Project, Located Approximately 30 Km North of Val-d’Or, Quebec

Consolidated Lithium Metals Inc. announced that it has received CAD 1.687591 million in funding

Consolidated Lithium Metals Inc. announced that it expects to receive CAD 3 million in funding

Consolidated Lithium Metals Inc. Completes Baillarge Summer Program

Consolidated Lithium Metals Inc. Commences Drilling on Vallee Joint Venture

Jourdan Resources Inc. (TSXV:JOR) completed the acquisition of Six mining claims located north of Val d’Or in Quebec from Globex Mining Enterprises Inc. (TSX:GMX).

Consolidated Lithium Metals Inc. announced that it has received CAD 1.7 million in funding

Consolidated Lithium Metals Inc. Announces Exploration Activities Commences at the Company's 100% Owned Baillarge Lithium Project

Jourdan Resources Inc. announced that it has received CAD 2.120035 million in funding

Jourdan Resources Inc. announced that it expects to receive CAD 1 million in funding

Jourdan Resources Inc. (TSXV:JOR) entered into an asset purchase agreement to acquire Six mining claims located north of Val d’Or in Quebec from Globex Mining Enterprises Inc. (TSX:GMX) for CAD 0.2 million.

Jourdan Resources Inc. Publishes the Second Set of Assay Results of Its Summer/Fall 2022 Drilling Campaign

Jourdan Resources Inc. Announces the Appointment of Roger Lemaitre as Head of Mining

JOURDAN RESOURCES INC. Announces First of Thirty-Two (32) Drillhole Assay Results with Li2O Grades

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