EVEREST METALS INC.

We are a private, Nova Scotia based, critical minerals (Sn-W-Li-In) exploration company with a pipeline of exploration assets in southwest Nova Scotia that cover favourable Rare Metal Granite (i.e. Sn-Granite + Li-enriched Granite; "RMG") targets.

DOG LAKE (DL) is our most advanced project. DL-North was acquired Q1/23 and DL-South was acquired Q4/23. Dog Lake is contiguous with the past-producing East Kemptville tin mine and covers the known extension of Sn mineralization to the NE and the related, but peripheral Li targets identified related to the new RMG exploration model (also see Nepsedek). Historical exploration results from widely spaced reconnaissance drilling  during the early 1980's exploration boom confirm the presence of near-surface, high-grade (>1% Sn) tin mineralization.  Lithium mineralization has also been confirmed in a number of historical drill holes in areas consistent with our exploration model.

NEPSEDEK, PEARL LAKE, CLAYTON HILL and CALEDONIA represent quality, under-explored assets, each  with strong geological, geophysical and geochemical signatures. Nepsedek is located along strike to the southwest of East Kemptville and regional geochemical surveys (NSDNR) returned some of the highest tin-in-till counts outside of East Kemptville. Caledonia was a priority target for 2023 field work, with drilling completed in October that tested several 3D gravity modelling targets identified by Everest in 2022. A new ground gravity survey in 2022 at Clayton Hill defined the limits of a shallow low-density body [interpreted granite(s)] associated with a large alteration halo mapped at surface and coincident geochemistry signature. Additional detailed geochemistry was completed on this target in Q4/23. Pearl Lake was acquired in November 2023 and compilation on this Sn-target adjacent to the historic Pearl Lake occurrence, will begin in Q1/24.