Goldrea Resources Inc
543 Granville Street, 5th Floor V6C 1X8 Vancouver, BC, Canada

Goldrea Resources, the right people, the right place, the right time

The Gaspe Lithium property is located approximately 75 kilometres northwest of the city of Gaspe, Que., in NTS map sheet 22H03, and covers historically reported elevated lithium values obtained from stream sediment samples. The highest recorded stream sediment sample from the Gaspe lithium property returned a value of 159 parts per million Li (1). For reference, the SIGEOM sediment sample database contains only five samples that exceed 150 ppm for the entire province of Quebec. Additionally, the highest-assaying lake sediment sample near Nemaska Lithium’s proposed Whabouchi lithium open-pit resource returned a maximum of 10.9 ppm Li (2). For more information on the Gaspe Project please visit http://www.goldrea.com

The results of this initial work on the Cannonball Project are very encouraging and clearly warrant a systematic follow-up program. As a result of the success at the Cannonball Project, management is also currently evaluating further potential acquisitions in the Golden Triangle. The Company has authorized the completion of a National Instrument 43-101 compliant technical report summarizing the technical information available for the Cannonball Project and anticipates filing the technical report on SEDAR by year end.

The Cannonball Project comprises 1,490 hectares located approximately 15 kilometres northeast of the former Snip gold mine. This region hosts several high-grade gold discoveries, including the past-producing Snip and Eskay Creek mines and the Brucejack mine (Pretium Resources) currently under construction.

The Lift Property is comprised by sixty lode claims covering approximately 1200 acres of land. The claims are situated adjacent to Noram’s lithium property and in proximity to Pure Energy and Cypress’ interests in the Clayton Valley.