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Mosaic Minerals Initiates Prospecting on Amanda Project and Corrects Annual General Meeting Details

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Mosaic Minerals Corporation (MOC.CN) has announced the commencement of a ten-day prospecting program on the Amanda project. The team, including a geologist and two technicians, will revisit and sample different pegmatites previously listed by the Ministry of Natural Resources and Forests (MRNF) and Vanstar Mining Resources Inc.

Historical drillings from 1997 to 2010 intersected different pegmatites on the Amanda project. The technical team will attempt to locate these old drillings and take several samples for analysis. The Company aims to take hundreds of samples from various pegmatites and hopes to discover new ones. Indicator minerals such as beryl, spodumene, and rubidium have been observed at different locations on the property.

The Amanda project also holds potential for gold exploration. The Company plans to explore this potential in 2024, regardless of the lithium results.

In September 2023, twelve days of prospecting and sampling were conducted on the Lithium SM project. A total of 93 samples were taken from key areas of the property. Some samples indicated the presence of copper and zinc.

The Lichen project, sampled during the summer of 2023, did not demonstrate the presence of lithium or other strategic minerals. However, it remains interesting for the presence of base metals and gold.

The Company also corrected the Internet address for accessing the annual general meeting. The meeting will be held on November 2, 2023, at 10:00 a.m. (EST) at 410 St-Nicolas, Suite 236, Montreal, QC, H2Y 2P5 and online.

Mosaic Minerals Corp. is a Canadian mining exploration company focusing on the exploration of critical minerals such as Nickel and Lithium in Quebec. This release contains certain forward-looking information under applicable Canadian securities laws concerning the Arrangement.

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