LAC SAINT SIMON LITHIUM PROPERTY

On February 17, 2021 Supernova Metals announced an option agreement with 79 Resources to earn a 100% interest in the Lac Saint Simon Property.

The Lac Saint Simon ("LSS") property is located in the James Bay/Eeyou Istchee region of Quebec and consists of 9 mineral claims totaling ~480 hectares. The LSS property has a *NI 43-101 technical report completed in May 2017. The LSS property is only ~2km from the boundary of Nemaska Lithium’s Whabouchi Project (“Whabouchi”). According to Nemaska, Whabouchi is one of the most important spodumene lithium hard rock deposits in the world both in volume and grade. Most recent work on the property included an 56.6 line km airborne magnetic drone based survey from 2017. The survey identified two main dipole anomalies, and when matched with the general geology of the area and considering the size of the anomalies, delineates geological features such as fault zones and a dyke system. Geological mapping, prospecting, rock & soil sampling are all recommended, which the company has now deferred to 2021 based on Covid restrictions and the seasonality of such work.