Clarity Metals Initiates Work Program ON the LITHIUM381 Project
Vancouver, B.C. (CSE: CMET, OTC: CLGCF, FSE: 27G)
CLARITY METALS INITIATES WORK PROGRAM ON THE LITHIUM381 PROJECT
Vancouver, BC – December 20, 2022, Clarity Metals Corp. (“Clarity” or the “Company”) (CSE: CMET, OTC:
CLGCF, FSE: 27G) is pleased to announce that exploration efforts are underway at the Lithium381 Property
located in the James Bay region of Qu ebec and adjacent to Allkem Limited’s feasibility stage James Bay
Lithium Project (the “Property”, see figure 1 ). Data is currently be ing collected from an Induced
Polarization and Resistivity survey (“IP/Resistivity").
James Rogers CEO of Clarity comments: “The Clarity Team is excited to be mobilized and collecting data
on the Lithium381 Project adjacent to Allkem’s James Bay Lithium de posit. The data will help define the
exploration strategy for the Property as we continue to explore for lithium bearing pegmatites.”
The IP/Resistivity Survey
Clarity Metals Corp. is currently conducting an exploration campaign with an IP/resistivity survey on the
entire Lithium381 Property. The survey is being performed by TMC Géophysique out of Val d’Or Quebec
and is expected to be completed in December. The grid line spacing was set at 100m , with the su rvey
defined in a dipole-dipole configuration and 25 m measurements (n=10). Previous surveys conducted by
Lithium One in 2008 (predecessor to Galaxy Lithium) and Allkem (2021) have shown high resistive values
which in part correspond to spodumene granitic pegmatite dykes and bodies unearthed and drilled over
the years (Figure 2). The last geophysical survey completed by TMC Géophysique in 2021 indicate d that
the resistivity highs extended for 2.3km east of the Billy Diamond Road (James Bay Road) where
spodumene granitic pegmatite dykes were observed. Clarity and Genius hope to outline similar resistivity
targets to be investigated during subsequent exploration.
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Figure 1 Location of Lithium381 Project showing nearby properties and total pit outline on Allkem’s
James Bay Lithium Project from the Allkem Feasibility Study.
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Figure 2. Contour map, apparent resistivity, Lithium One (2008)
The Lithium381 Property
The Property is located in Northern Quebec, Canada, approximately 3 km from the James Bay Road and
the service station at KM381 which provides infrastructure to the local area.
The 21 mineral claims comprising the 1107 ha property are contiguous with Allk em Limited’s James Bay
Lithium Property hosting a deposit with Indicated resources of 40.8 Mt @1.40% Li 2O. The James Bay
Lithium deposit is a lithium bearing pegmatite, which is slated to start construction in q1 2023. (Source:
Allkem Feasibility Study filed by Allkem on SEDAR on January 11, 2022).
The Property has not previously been explored for lithium bearing pegmatites but is underlain primarily
by amphibolite facies metasedimentary and minor metavolcanic rocks of the Lower Eastmain Group of
the Eastmain Greenstone belt in the northeastern part of the Superior Province ; the same host rocks of
the adjacent James Bay Lithium Deposit.
Quebec has become a favourable jurisdiction for critical mineral exploration investment with its ‘2030
Plan for a Green Economy’ targeting a reduction in carbon emissions as well as its ‘Plan for Development
of Critical and Strategic Minerals (2020 -2025)’ which includes commitments to share financial risk and
plans to improve infrastructure for projects in Northern Quebec.
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Clarity recently entered into an option agreement to earn an undivided 50% right, title, ownership and
beneficial interest of the Lithium381 Property from Genius Metals Inc ., an arm’s length public company
listed on the TSX Venture Exchange (“TSXV”) (See Clarity news release of Dec 7, 2022).
Publishing Services Agreement
Clarity additionally wishes to announce that it has entered into a publishing services agreement dated
December 14, 2022 (the “Agreement”) with 0865381 B.C. Ltd., doing business as “Volume Hunters” (the
“Publisher”), pursuant to which the Publisher has agreed to provide services including dissemination of
public information over social media and other duties mutually agreed upon by the Company and the
Publisher in consideration for $50,000 plus applicable taxes of $2,500 for a term of one year ending on
December 14, 2023.
Qualified Person
Mr. Rory Kutluoglu P. Geo., a member of the advisory board and a consultant of the Company, is a
Qualified Person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects
and has reviewed the technical information in this news release.
About Clarity
Clarity Metals Corp. is a Canadian mineral exploration project generator company focused on the
acquisition, exploration and development of precious and base metals projects. Clarity’s exploration
mandate is global and focused on countries with established legal and regulatory systems supporting
mining investment. The Company is based in Vancouver, British Columbia, and is listed on the CSE under
the symbol “CMET”.
Clarity recently entered into an option agreement to acquire 50% of the Lithium381 Project adjacent to
Allkem Limited’s (“Allkem”) James Bay Lithium feasibility stage project . See Clarity news release dated
December 7, 2022.
The Company was also recently assigned an option to acquire 100% of the Fecteau project located in the
prolific Abitibi gold belt adjacent to Osisko Mining’s Windfall project. See Clarity news release dated
November 22, 2022.
Additionally, Clarity has title on several early-stage projects in British Columbia and Newfoundland:
• Empirical Gold Copper Molybdenite Property (10,518 ha) – Lillooet, B.C.
• Tyber Gold Copper Silver Property (928 ha) – Southeast Vancouver Island, B.C.
• Gretna Green Gold Copper Silver Property (1,331 ha) - Port Alberni, Vancouver Island, B.C.
• Harp Lake Nickel Property (3,452 ha) – Labrador, NL
• Eddies Cove MVT Property (450 ha) –NW Newfoundland
• Hare Bay Nickel Property (750 ha) –NW Newfoundland
To learn more about Clarity Metals Corp. and its projects please visit www.claritygoldcorp.com.
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ON BEHALF OF THE BOARD
“James Rogers”
Chief Executive Officer
Tel: 1 (833) 387-7436
Email: [email protected]
Website: www.claritygoldcorp.com
This news release contains forward-looking statements. All statements, other than statements of historical fact that
address activities, events or developments that the Company believes, expects or anticipates will or may occur in the
future are forward -looking statements. Forward- looking statements in this news release include statements
regarding: the exploration program on the Property; The forward-looking statements reflect management’s current
expectations based on information currently available and are subject to a number of risks and uncertainties that
may cause outcomes to differ materially from those discussed in the forward -looking statements including: that
Company may not complete the exploration program on the Property as proposed; that the Company may not outline
similar resistivity targets similar to prior surveys on the Property; adverse market conditions; and other factors
beyond the control of the parties . Although the Company believes that the assumptions inherent in the forward-
looking statements are reasonable, forward- looking statements are not guarantees of future performance and,
accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that
could cause actual results or events to differ materially from current expectations include general market conditions
and other factors beyond the control of the Company. The Company expressly disclaims any intentio n or obligation
to update or revise any forward- looking statements whether as a result of new information, future events or
otherwise, except as required by applicable law.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither appro ved nor disapproved of the
contents of this press release.