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Lithium Africa to Commence 2,000 m Drill Program at Adzopé and Provides Côte d’Ivoire Exploration Update

Exploration Programs

TSX-V: LAF | FSE: 6MQ | www.li-africa.com

Lithium Africa to Commence 2,000 m Drill Program at Adzopé

and Provides Côte d’Ivoire Exploration Update

Lisbon, Portugal – April 23, 2026 – Lithium Africa Corp. (TSX-V: LAF) (FSE: 6MQ) (“Lithium

Africa” or the “Company”) is pleased to provide an exploration update on its Côte d’Ivoire

assets, highlighted by the commencement of its first drill program at Adzopé since going public

and continued advancement of priority targets at Agboville.

Highlights at Adzopé – Drill-Ready Target

• 2,000 m reverse circulation (“RC”) drill program scheduled to commence at Adzopé in

late April 2026.

• Program to test one part of the newly identified, multi-km “Saby Trend”, a broad lithium-

bearing corridor associated with spodumene-bearing pegmatites defined through prior

auger drilling, trenching, mapping and other surface work.

• Surface trenching at Adzopé returned a significant lithium intercept of 8.0 m at 1.10%

Li₂O from 31.4 m, including 5.2 m at 1.47% Li₂O and a peak interval of 1.0 m at 1.74%

Li₂O, supporting the Saby Trend as a drill-ready target. Laboratory results from a second

trench in the southern part of the Saby Trend are pending.

• Drone-based DTM survey completed across the broader Saby Trend, with detailed

mapping and pegmatite fractionation studies to continue during drilling and elsewhere

within the Adzopé license.

• Adzopé is located approximately 100 km from the Port of Abidjan and is accessible by

paved road (Figure 1).

Highlights at Agboville – Emerging District Adjacent to Atlantic Lithium

• At Agboville, surface mapping and soil and rock sampling has identified spodumene-

bearing pegmatites in the northeastern part of the license, while regolith mapping,

regional reconnaissance and follow-up soil geochemistry continue across the broader

~400 km2 land package.

• Ongoing Agboville soil and trenching programs are expected to conclude within

approximately two months.

• The Company’s Agboville project is located immediately adjacent to Atlantic Lithium

Limited’s (“Atlantic Lithium”) Agboville license to the northeast, where pronounced

lithium in soil anomalies and spodumene have been identified, similar to what the

Company is seeing within our Agboville license.1

• Agboville is located approximately 85 km from the Port of Abidjan and is accessible by

paved road (Figure 1).

1 This news release contains information about adjacent properties on which the Company has no right to

explore or mine. Readers are cautioned that mineral deposits on adjacent properties are not indicative of

mineral deposits on the Company’s properties.

TSX-V: LAF | FSE: 6MQ | www.li-africa.com

The upcoming drill program will test one part of the broader Saby Trend at Adzopé, while

additional mapping, pegmatite fractionation and target refinement continue elsewhere along the

trend within the Adzopé license. At the same time, ongoing regolith mapping, regional

reconnaissance, soil geochemistry and trenching preparations at Agboville continue to advance

additional targets, with further upside across the Company’s Côte d’Ivoire portfolio from the

~368 km² Sikensi ground (Figure 1), currently under application.

Tyron Breytenbach, CEO, commented, “The start of drilling at Adzopé marks a major milestone

for Lithium Africa as our first drill campaign since going public. It is an important step in

executing our strategy of systematically advancing high-potential lithium assets across Africa

through disciplined, value-focused exploration.”

Mamadou Coulibaly, Director and Head of West Africa, commented, “The Saby Trend was

identified in-house through the disciplined work of our Côte d’Ivoire team, from mapping and

auger drilling to trenching and target refinement. This first drill program will test only one part of

that broader trend at Adzopé, while additional work continues elsewhere within the Adzopé

license and at Agboville, highlighting the wider discovery potential of our Côte d’Ivoire portfolio.”

Figure 1. Regional map showing project locations and related infrastructure.

Adzopé Drill Program

The Company is preparing to commence a 2,000 m RC drill program at its Adzopé license in

Côte d’Ivoire in late April 2026. The program is designed to test one segment of the Saby Trend,

a broad lithium-bearing pegmatite corridor identified within the license area.

TSX-V: LAF | FSE: 6MQ | www.li-africa.com

The Saby Trend has been progressively defined through prior auger drilling, trenching, surface

mapping and pegmatite fractionation studies (Figure 2), all of which point to a continuous

corridor of spodumene-bearing LCT pegmatites. Trench 1 at Saby Main returned 8.0 m at

1.10% Li₂O from 31.4 m, including 5.2 m at 1.47% Li₂O and a peak interval of 1.0 m at 1.74%

Li₂O within weathered saprolite — grades the Company considers particularly encouraging

given that lithium is typically depleted in saprolite relative to underlying fresh rock (see Appendix

A for full results of Trench 1). Trench 2 (Figure 2) was excavated in Q1 2026 and visible

spodumene logged in the trench is interpreted to support continuity of the Saby Trend; assay

results are pending.

The upcoming RC program will test the southern part of the Saby Trend at depth, while

additional geological mapping and pegmatite fractionation work continues elsewhere along the

corridor within the Adzopé license.

In support of the program, Lithium Africa completed a drone-based digital terrain model (“DTM”)

survey across the broader Saby Trend, which was used for drill-pad siting and structural

interpretation. Detailed geological mapping and pegmatite fractionation studies along the entire

Saby Trend will continue in parallel with drilling, supported by regional geophysical

interpretations.

The Company has selected International Drilling Company Côte d’Ivoire SASU as drilling

contractor for the Adzopé program. Assay results from the program will be reported as they are

received from the laboratory and validated by the Qualified Person.

Figure 2: Location of the Adzopé project and Saby Trend (left), with a detailed inset of the southern Saby

Trend (right) overlaid on the drone-based DTM. The inset shows historical auger geochemistry results,

mapped spodumene outcrops, trench locations, and planned RC drill collars.

Agboville Exploration Update

At Agboville (Figure 3), exploration activities continue to advance across multiple workstreams.

Surface geology and regolith mapping in the northeastern corner of the license has identified

TSX-V: LAF | FSE: 6MQ | www.li-africa.com

spodumene-bearing pegmatites. Identified outcrops of spodumene-bearing pegmatites are on-

trend with soil anomalies and spodumene float within the Atlantic Lithium Agboville license, as

disclosed by Atlantic Lithium in its news releases dated May 22, 2025 (Spodumene Pegmatite

Discovered in Côte d'Ivoire) and October 20, 2025 (Pronounced Lithium-in-soil Anomalies within

Agboville and Rubino Licences, Côte d'Ivoire), highlighting a trend more than 5 km in strike.

Initial soil survey programs over priority areas have been completed with full results pending,

and a second round of follow-up sampling is planned along the continuation of identified

pegmatite trends. In addition, a trenching program targeting outcropping spodumene-bearing

pegmatites has been designed and community consultation for this program has commenced.

These activities, including ongoing claim-wide reconnaissance geology and regolith mapping

are expected to conclude within approximately two months, ahead of the onset of the rainy

season.

Figure 3: Map of the Agboville project showing claim boundaries, infrastructure, spodumene

occurrences, completed soil sampling and geological and regolith mapping, and location of ongoing

reconnaissance geology, regolith mapping, and soil survey campaign.

TSX-V: LAF | FSE: 6MQ | www.li-africa.com

Community Engagement

Lithium Africa continues to prioritize early, transparent and respectful engagement with local

authorities, landowners and village representatives in support of its exploration programs in

Côte d’Ivoire.

Ahead of drilling at Adzopé, the Company met with local authorities, village leaders and

landowners to present the RC drill program, discuss safety and environmental protection

measures, and review crop assessment and compensation procedures where required. Similar

community engagement has also been undertaken at Agboville in advance of planned

trenching.

The Company believes constructive community engagement is fundamental to responsible

exploration and to the continued advancement of its Côte d’Ivoire portfolio.

The Company expects to provide further updates as drilling progresses at Adzopé and as field

programs continue at Agboville.

Figure 4. Photograph of the 23 March 2026 meeting between Lithium Africa and administrative

authorities of the Adzopé Project, including the Regional Director of Mines and Geology, Regional

Director of Agriculture, and representatives from the local communities, including landowners and the

village chief.

About Lithium Africa Corp.

Lithium Africa has established a 50/50 joint venture partnership with GFL International Co., Ltd.

to advance lithium exploration across Africa. Through this partnership, the Company holds an

indirect 50% interest in a portfolio of hard rock lithium assets across South Africa, Côte d’Ivoire,

Guinea, Mali, and Zimbabwe. For more information, please visit www.li-africa.com.

TSX-V: LAF | FSE: 6MQ | www.li-africa.com

ON BEHALF OF THE BOARD OF DIRECTORS OF LITHIUM AFRICA CORP.

Tyron Breytenbach, CEO and Director

For further information, please contact:

Jeanne Liu, Corporate Communications

[email protected]

+1.604.771.7125

QAQC

All trench (and auger) samples were collected under the supervision of the Company’s

employees. Samples were bagged, and blank material (cement) and certified reference

materials were inserted at regular intervals at the company’s field camp. Field duplicates were

also included in the sample stream. Groups of samples were placed in sealed bags and

submitted to Intertek Minerals in Tarkwa, Ghana, for sample preparation, after which pulps were

securely transported by Intertek to Intertek Genalysis in Perth, Western Australia for analysis.

Sample preparation and analytical work for this trench program were carried out by Intertek.

Samples were prepared according to Intertek method SP02, whereby samples were dried and

pulverized such that 85% passed a 75-micron (200 mesh) screen.

Pulverized samples were analysed using Intertek Genalysis method 4A-Li/MS48, comprising a

multi-acid digest (hydrofluoric, nitric, perchloric and hydrochloric acids) in Teflon tubes, followed

by analysis by inductively coupled plasma mass spectrometry (ICP-MS). The multi-acid digest is

considered a near-total digestion. Lithium hosted in certain minerals may not be completely

dissolved.

Laboratory QA/QC procedures included the analysis of blanks, certified reference materials and

duplicates, with results indicating acceptable levels of accuracy and precision.

Qualified Person

Benjamin Gelber, P.Geo, a non-independent Qualified Person under National Instrument 43-

101 Standards of Disclosure for Mineral Projects and VP Exploration of the Company, has

reviewed and approved the technical disclosure in this news release.

Forward-Looking Statements

Statements contained in this news release that are not historical facts may be forward-looking

statements within the meaning of applicable securities legislation. Forward-looking statements

in this press release include statements relating to the Company’s planned exploration and

evaluation activities including the drill program at Adzopé, statements regarding lithium

prospectivity in the Saby Trend, and pending results of surveys and samplings. The use of any

of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar

expressions and statements relating to matters that are not historical facts are intended to

identify forward-looking information and are based on the Company's current belief or

assumptions as to the outcome and timing of such future events including, among others,

assumptions about future prices of lithium, currency exchange rates and interest rates,

favourable operating conditions, political stability, obtaining government approvals and financing

on time, obtaining renewals for existing licenses and permits and obtaining required licenses

and permits, labour stability, stability in market conditions, availability of equipment, availability

TSX-V: LAF | FSE: 6MQ | www.li-africa.com

of drill rigs, and anticipated costs and expenditures. The Company cautions that all forward-

looking statements are inherently uncertain, and that actual performance may be affected by a

number of material factors, many of which are beyond the Company's control. Such factors

include, among other things: risks and uncertainties relating to the Company’s ability to

complete any payments or expenditures required; and other risks and uncertainties relating to

the actual results of current exploration activities; the uncertainty of estimates and projections in

relation to production, costs and expenses; the uncertainties involved in interpreting drill results

and other exploration data; the potential for delays in exploration or development activities; the

possibility that future exploration, development or mining results may vary from those expected;

equipment breakdowns, title and permitting matters, labour disputes or other unanticipated

difficulties with or interruptions in operations, fluctuating metal prices, unanticipated costs and

expenses, uncertainties relating to the availability and costs of financing needed in the future

and regulatory restrictions, including environmental regulatory restrictions; the possibility that

future exploration, development or mining results will not be consistent with adjacent properties

and the Company's expectations; operational risks and hazards inherent with the business of

mining (including environmental accidents and hazards, industrial accidents, equipment

breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and

severe weather) and those risks set out in the filings on SEDAR+ made by the Company with

securities regulators. Although the Company believes that the assumptions and factors used in

preparing the forward-looking information in this press release are reasonable, undue reliance

should not be placed on such information, which only applies as of the date of this news

release, and no assurance can be given that such events will occur in the disclosed time frames

or at all. The Company expressly disclaims any intention or obligation to update or revise any

forward-looking statements whether as a result of new information, future events or otherwise,

other than as required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the

adequacy or accuracy of this release.

TSX-V: LAF | FSE: 6MQ | www.li-africa.com

APPENDIX A:

Appendix A — Trench 1 (Saby Main) Channel-Sample Assay Results

Li₂O calculated from elemental Li by the conversion factor 2.153. Intervals are channel-sample

lengths along the trench floor and do not represent true widths.

Sample ID From (m) To (m) Length (m) Li₂O (%)

EXP000516 0.0 0.8 0.8 0.11

EXP000518 0.8 1.8 1.0 0.10

EXP000519 1.8 3.2 1.4 0.06

EXP000521 3.2 4.1 0.9 0.11

EXP000522 4.1 4.9 0.8 0.11

EXP000523 4.9 5.8 0.9 0.09

EXP000524 5.8 6.8 1.0 0.09

EXP000525 6.8 8.3 1.5 0.10

EXP000526 8.3 9.1 0.8 0.06

EXP000527 9.1 10.7 1.6 0.11

EXP000528 10.7 12.7 2.0 0.10

EXP000529 12.7 13.7 1.0 0.11

EXP000530 13.7 14.6 0.9 0.09

EXP000532 14.6 15.6 1.0 0.13

EXP000534 15.6 16.8 1.2 0.10

EXP000537 16.8 18.0 1.2 0.11

EXP000538 18.0 18.8 0.8 0.07

EXP000540 18.8 19.6 0.8 0.10

EXP000541 19.6 20.4 0.8 0.12

EXP000543 20.4 21.9 1.5 0.12

EXP000544 21.9 22.7 0.8 0.11

EXP000545 22.7 24.0 1.3 0.11

EXP000546 24.0 25.6 1.6 0.11