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Comet Lithium Launches Follow-up Exploration Program for Recently Announced High-Grade Caesium-Lithium Pegmatite Discovery at Elmer East The pegmatite discovery dyke measures 1–2 metres in width and has been traced for ~80 metres

Exploration Programs

Comet Lithium Launches Follow-up

Exploration Program for Recently Announced

High-Grade Caesium-Lithium Pegmatite

Discovery at Elmer East

The pegmatite discovery dyke measures 1–2 metres in width and has been traced for ~80 metres

in outcrop, as previously disclosed on

August 19, 2025

, it remains open to the east with its western

extent pinching out, it hosts spodumene with muscovite and tourmaline consistent with highly

evolved LCT pegmatite systems, and to date only two grab samples have been collected, both

returning high assay results.

Highlights:

Follow-up program designed to test the extent of the strike, evaluate widths, and explore for

additional pegmatites, as these systems often occur in clusters, building on the recent caesium-

lithium pegmatite discovery and aiming to expand the property's mineralization potential.

Fieldwork scheduled to begin

October 15, 2025

, in collaboration with Dahrouge Geological

Consulting Ltd.

Three geological teams to conduct mapping, prospecting, sampling, and channel work across

high-priority zones

ROUYN-NORANDA, QC

,

Sept. 16, 2025

/CNW/ - Comet Lithium Corporation (TSXV: CLIC) (FSE:

8QY) ("Comet Lithium" or the "Corporation") is pleased to announce the launch of its Fall 2025

Phase 2 Exploration Program at 100%-owned Elmer East Property, located in the Eeyou Istchee

James Bay region of the province of Québec.

Prospecting Program: A Targeted Follow-Up Program Near Discovery

The follow-up program, conducted with Dahrouge Geological Consulting Ltd., will span several days

and deploy three field teams to complete detailed prospecting, structural mapping, traverses,

sampling, and channel work in and around the newly discovered pegmatite occurrence. Priority

zones, highlighted in Figure 1, represent areas most prospective for additional caesium-lithium

mineralization.

Elmer East Property

Exploration to date has outlined several high-potential corridors, with follow-up work now focused on

extending known mineralization along strike and testing for new outcrops or sub-cropping pegmatites

across the broader Elmer East land package.

"The discovery of a caesium-lithium pegmatite at Elmer East earlier this year confirmed the

property's strong potential," said

Vincent Metcalfe

, Chair and CEO of Comet Lithium. "This fall

program is designed to build on that success by systematically testing the highest-priority targets

near the existing Caesium discovery. With three experienced field crews and the support of

Dahrouge, we are confident this work will critical insights into the scale and continuity of

mineralization, positioning Comet Lithium for the next stage of growth."

Figure 1 : Elmer East – 2025 Fall Field Targets (CNW Group/Comet Lithium Corporation)

Qualified Person

Vincent Cardin-Tremblay

, P. Geo (ogq #1386, PGO #3347), registered in the Provinces of Québec,

and

Ontario

is Vice President Exploration to Comet Lithium, is a qualified person

under

National

Instrument 43

101

– Standards of Disclosure for Mineral Projects.

He has reviewed the technical

contents of this news release and has approved the disclosure of the technical information contained

herein.

About Dahrouge Geological Consulting Ltd.

Dahrouge Geological Consulting Ltd. Is a global mining and mineral exploration consulting group

providing expertise in professional geological, logistical, and project management services through all

stages of the mining value chain.

Based in

Edmonton, AB

, CAN,

Montreal, QC

, CAN, and

Denver, CO

, USA, Dahrouge and its

predecessor, Halferdahl and Associates, have advised and assisted clients in identifying, exploring,

developing, and optimizing mineral projects and resources since 1971.

About Comet Lithium Corporation

Comet Lithium is a dynamic exploration company with a growing portfolio of highly prospective

assets located in Québec, including several properties in the prolific

James Bay

District. The

Company's land package includes the Liberty Property, located adjacent to Winsome Resources'

Adina lithium discovery, and the Troilus East Property, positioned next to Troilus Gold's multi-million-

ounce gold-copper project. Comet's strategy is focused on systematic exploration and unlocking the

value of its diverse property portfolio through targeted fieldwork and strategic partnerships.

Website:

CometLithium.com

Forward-Looking Statements

This news release contains statements that may constitute "forward-looking information" within the

meaning of applicable Canadian securities legislation. Forward-looking information may include,

among others, statements regarding the future plans, costs, objectives or performance of Comet

Lithium, or the assumptions underlying any of the foregoing. In this news release, words such as

"may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate"

and similar words and the negative form thereof are used to identify forward-looking statements.

Forward-looking statements should not be read as guarantees of future performance or results, and

will not necessarily be accurate indications of whether, or the times at or by which, such future

performance will be achieved. No assurance can be given that any events anticipated by the

forward-looking information will transpire or occur, including if any planned exploration programs on

the Elmer East Property, including the planned fall phase 2 exploration program described in this

press release, will occur, the timing to conduct such exploration program and the results of such

exploration programs, and if it does so, what benefits Comet Lithium will derive from any such

exploration programs. Forward-looking information is based on information available at the time

and/or management's good-faith belief with respect to future events and are subject to known or

unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are

beyond Comet Lithium's control. These risks, uncertainties and assumptions include, but are not

limited to the risks, uncertainties and assumptions described under "Financial Instruments" and "Risk

and Uncertainties" in Comet Lithium's Annual Report for the fiscal year ended

December 31, 2024

, a

copy of which is available on SEDAR+ at

www.sedarplus.ca

, and could cause actual events or

results to differ materially from those projected in any forward-looking statements. Comet Lithium

does not intend, nor does it undertake any obligation, to update or revise any forward-looking

information contained in this news release to reflect subsequent information, events or

circumstances or otherwise, except if required by applicable laws.

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

the release.

SOURCE

Comet Lithium Corporation

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/September2025/16/c7231.html

%SEDAR: 00035962E

For further information:

For further information: Comet Lithium Corporation, Vincent Metcalfe,

Chairman and CEO, [email protected], +1.514.249.9960, 147 Québec Avenue (back

door), Rouyn-Noranda, Québec J9X 6M8, Email: [email protected]

CO: Comet Lithium Corporation

CNW 08:21e 16-SEP-25