Infinite Lithium Announces Channel and Drill Results from Jackpot Lithium Project

Suite 1240, 789 West Pender St., Vancouver, British Columbia

Phone: 604-683-3995/ Toll Free: 888-945-4770/Fax: 604-683-3988

INFINITE LITHIUM ANNOUNCES CHANNEL AND DRILL RESULTS FROM JACKPOT

LITHIUM PROJECT

August 16, 2018, Vancouver, BC, Canada – INFINITE LITHIUM CORP. (“Infinite” or the “Company”)

(TSX-V:ILI) (37NN –FRANKFURT) is pleased to announce drill core assay results from its ongoing

exploration program (prospecting, mapping, trenching/channel sampling and drill ing) at the Jackpot Lithium

Property (the “Property”), located in the Georgia Lake Area of the Thunder Bay Mining Division, Ontario. The

Company is currently drilling hole 3 9 (J-18-38) of a +42 hole ( +7,100 metre) program targeting multiple

spodumene-bearing dikes in the Jackpot Main area. Drill core results from holes J-17-01 and J-18-01 through 14

have been released (see news releases, March 3, 2018 and April 18, 2018).

Michael England, President of Infi nite Lithium, commented: "Surface prospecting, geological mapping and

trenching continues to uncover new spodumene -bearing pegmatites and contribute to the geologic model, with

results to be incorporated into a future NI 43-101 mineral resource estimation. All our drilling to date has focused

on the Main Jackpot area with a goal of building lithium resources on a minimum of two dike systems .

Prospecting and trenching indicate an extensive surface pegmatite field with good continuity along strike and

wide exposures of spodumene-bearing pegmatite. This surface target could make for an excellent future low-cost

mining scenario. At the same time our drilling program continues to i ntersect and delineate the Main Jackpot

pegmatite (Dike #2) which comes to surface and dips at about 30 degrees northwestward. The exploration team

is currently detail channel sampling more than ten targets outside of the Main Jackpot area and continues to make

new pegmatite dike discoveries across the Jackpot Property. Recent channel sample results from the Main Jackpot

area returned intercepts with excellent grades of up to 3.35% Li2O over 2 metres."

Map of the central Jackpot Property showing target exploration areas for drilling, channel sampl ing,

prospecting, and geological mapping programs.

Channel samples results taken from the Main Jackpot area:

Channel From (m) To (m) Int (m) Li2O (%)

A3-CH1 0.00 6.00 6.00 1.03

incl. 3.00 6.00 3.00 1.77

A3-CH2 0.00 8.00 8.00 1.34

incl. 0.00 1.00 1.00 1.68

incl. 3.00 8.00 5.00 1.80

incl. 4.00 7.00 3.00 2.70

A3-CH3 0.00 10.50 10.50 1.88

incl. 0.50 9.50 9.00 2.19

incl. 1.50 8.50 7.00 2.69

incl. 4.50 6.50 2.00 3.35

A5-CH1 0.00 4.60 4.60 1.09

incl. 2.00 3.00 1.00 1.81

Channel samples were cut through exposed pegmatite at right angles to strike and do not represent contact to

contact widths. Further trenching is required to expose the contacts and channel sample lengths will be extended

to encompass the entire width of the exposed pegmatite dikes.

Latest assays from the Main Jackpot area diamond drilling program include the following:

Drill Hole From (m) To (m) Int (m) Li20 (%)

J-18-15 46.00 50.00 4.00 0.92

incl. 47.00 50.00 3.00 1.01

and 52.00 55.18 3.18 1.00

and 61.00 65.33 4.33 1.33

incl. 64.00 65.33 1.33 1.86

J-18-16 no significant intercepts

J-18-17 no significant intercepts

J-18-18 13.20 19.20 6.00 0.86

incl. 14.20 15.20 1.00 2.25

And 70.70 75.65 4.95 1.07

incl. 72.65 73.65 1.00 1.36

J-18-19 no significant intercepts

And

J-18-20 26.77 29.50 2.73 1.79

incl. 28.50 29.50 1.00 2.35

and 139.00 140.00 1.00 0.62

J-18-21 131.29 135.80 4.51 0.23

and 149.42 154.35 4.93 0.75

incl. 149.42 150.42 1.00 1.24

incl. 153.35 154.35 1.00 1.47

J-18-22 no Samples 151.00 needs deepening --

J-18-23 no significant Intercepts

J-18-24 13.00 18.00 5.00 1.45

incl. 13.00 16.00 3.00 2.01

incl. 13.00 15.00 2.00 2.82

and 138.00 143.00 5.00 0.99

incl. 140.00 143.00 3.00 1.18

J-18-25 118.43 126.26 7.83 0.38

and 124.43 126.26 1.83 0.71

Significant intercepts are considered to be intersections of greater than 1.0 metre grading greater than 0.3% Li2O.

Although drill holes J-18-16, 17, 19 and 23 did not return significant lithium grades they did contain intercepts

of anomalous lithium concentrations. Drill hole J-18-22 was stopped short of its target (Main Zone Dike#2) and

is currently be extended.

The Company is well financed to continue the current drill ing program and e xpand the surface exploration

program, directed at collecting enough information to complete a maiden National Instrument 43-101 Technical

Report and Mineral Resource Estimation, later this year.

The technical contents of this news release were approved by Dr. Scott Jobin-Bevans, P.Geo., a qualified person

as defined by the National Instrument 43-101. The Property has not been the subject of a National Instrument 43-

101 Report.

Infinite Lithium is a junior mining exploration company focused on seeking and acquiring world-class lithium

projects globally. Infinite Lithium continues to evaluate suitable prospects that fit the mandate of the company.

We seek Safe Harbor.

ON BEHALF OF THE BOARD

“Michael England”

Michael England, President, Director

FOR FURTHER INFORMATION, PLEASE CONTACT:

Telephone: 1-604-683-3995

Toll Free: 1-888-945-4770

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.

FORWARD LOOKING STATEMENTS: This news release contains forward -looking statements, which relate to future events or

future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect

management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investo rs

are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties

that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof

and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them

to reflect new events or circumstances. All of the forward -looking statements made in this press release are qualified by these

cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).