Accelerate Resources Limited (ASX: AX8) ('AX8' or the 'Company') is pleased to provide an exploration update on the Company's Lithium projects in the East Pilbara.

East Pilbara Lithium Project

The East Pilbara Lithium Project is strategically situated within a region of active lithium exploration and discovery, encompassing the following prominent deposits: Global Lithium Resources' Archer deposit (ASX:GL1), Tabba Tabba Lithium Project (ASX:WC8), Pilgangoora Lithium Project (ASX:PLS) known for its large-scale lithium mine, and Wodgina Lithium Project (ASX:MIN)

Based on the lithium pegmatite model successfully employed by other explorers in the immediate region, Accelerate Resources' Mount Creek tenement block lies within the 6km to 8.5km zone considered prospective for pegmatite-hosted lithium mineralisation surrounding the Moolyella Monzogranite. Initial desktop studies spanning the tenement area identified numerous potential pegmatite targets within multiple vein/dyke filled cross-cutting structures in the host granitic pluton.

In 2022, fieldwork was completed along station tracks with ground traverses to sites of special interest. Only about 35% of the prospective zone within E45/6279 and

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