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VERT.V ·

Vertical Exploration Provides St-Onge Wollastonite Operations Update

Mine Development & Operations

Suite 1240- 789 West Pender St.

Vancouver, British Columbia V6C 1H2

Vertical Exploration Provides St-Onge Wollastonite Operations Update

VANCOUVER, BC / March 24, 2022 / VERTICAL EXPLORATION INC. (TSX-V: VERT)

("Vertical" or "the Company") would like to provide an update regarding the Company’s progress

in preparing for the first full year of operations at its St-Onge Wollastonite property, located in

the Lac-Saint-Jean area in the Province of Quebec.

Vertical is pleased to report that St-Onge site access preparations are already underway, after a

winter period that saw the Saguenay Lac-Saint-Jean region experience exceptional snow

accumulation. The Company has made the decision to mobilize its operations team early, in

order to remove the accumulated snow from the access road that leads to both the quarry site

and the stockpile of crushed premium wollastonite ore that was prepared last fall. The early

snow removal will result in much faster drying of the access road and allow Vertical to start-up

operations as soon as possible. The local farming and agri-business community has already

expressed keen interest in obtaining the premium St-Onge wollastonite samples to test on their

crops and fields in April and May, and it is therefore essential that Vertical provides safe and

efficient site access to the local farmers and businesses alike within the next few weeks.

The Company also anticipates that it will soon be significantly upgrading its quarry site

infrastructure, which will include the purchase and set-up of a commercial scale and the

construction of a weatherproof building and office in order to streamline its operations and

undertake large-scale crushing and storage of the wollastonite ore on site. With these upgrades

in place during the year, Vertical is confident that it will be able to meet the anticipated growing

demand for its premium wollastonite in the months ahead without experiencing processing

delays due to inclement weather.

Finally, the Company expects that its blasting and drilling contractor will soon be visiting the St-

Onge site in order to prepare the first blast zone and extract additional tonnage of ore to meet

the anticipated demand. Vertical will be providing further St-Onge operations updates as the

year progresses.

ABOUT VERTICAL EXPLORATION

Vertical Exploration’s mission is to identify, acquire, and advance high potential mining

prospects located in North America for the benefit of its stakeholders. The Company’s flagship

St-Onge Wollastonite property is located in the Lac-Saint-Jean area in the Province of Quebec.

ON BEHALF OF THE BOARD

Peter P. Swistak, President/CEO

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. Investors 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).