Grit completes exploration review at Central Finland

Executive Summary

• Grit Metals Corp. has completed a strategic technical review of its Central Finland lithium exploration project, identifying and refining high-priority drill targets for an upcoming maiden diamond drilling program.
• The company is preparing to commence drilling in late Q1 through early Q2 2026, targeting lithium-cesium-tantalum (LCT) pegmatites at the Kyrola and Morkyla prospects.
• The exploration portfolio is strategically located within the Kaustinen lithium district, with key targets situated as close as 1.5 km from Sibanye-Stillwater’s Keliber JV ground, leveraging proximity to active infrastructure and development.

Key Details

• Drilling Program: Maiden diamond drilling program is scheduled to start late Q1 to early Q2, targeting at least two grassroots prospects.
• Kyrola Target (Nabba Permit): Identified as a priority drill target; comprises an ~850m x 110m transported boulder anomaly with a coherent geochemical trend. An interpreted up-ice pegmatite source is located ~300-500m northwest.
• Morkyla Target (Jylha Permit): Located ~1.5 km southwest of the Leviakangas lithium deposit (0.47 Mt at 0.70% Li2O). A 275m boulder trend containing coarse spodumene has been defined and is scheduled for drilling.
• Additional Jylha Targets: Spodumene-bearing boulder trends identified at Jylha North, with emerging targets at Jylha South and Southwest.
• Tastula Permit: Located ~4 km northeast of the Lantta deposit (1.33 Mt at 1.20% Li2O). Early-stage coarse-grained spodumene boulder clusters identified at Tastula North.
• Emmes Permit: A 4,071-hectare landholding north of Jylha remains underexplored, offering additional regional exploration potential.
• Strategic Context: Targets are within the Kaustinen lithium district, close to Sibanye-Stillwater’s Keliber project (a $600M investment in commissioning), providing access to established infrastructure and operators.
• Management Changes: The review followed the appointment of a new vice-president of exploration and a new technical advisory board (disclosed Dec. 4, 2025).
• Qualified Person: Jake Clark, RPGeo, vice-president of exploration, has reviewed and approved the technical content.

Notable Quotes

• No direct quotes from the CEO or President were included in the provided text.