Enertopia Corporation provided the following lithium project update. Earlier this year, the Company initiated first round of 3rd party metallurgical testing for the WT Lithium Project west of Tonopah, NV at Kappes, Cassiday & Associates ("KC&A") based in Reno, NV. Since commencement of the program, a number of key results have been obtained to support the continued process work which is based on known technology and is similar to other lithium clay projects in the United States.

The Company has received the completed solution testing work, from lithium mineralized material from the 2023 drill program. Highlights of the process development and laboratory work completed to-date: HCL acid leaching - extraction of 97% lithium is achieved with 4 hours of retention time at 60degreeC. HCL acid leaching - extraction of 91% lithium is achieved with 1 hour of retention time at 60degreeC.

Sulphuric acid leaching - extraction of 91% lithium is achieved with 4 hours of retention time at 60degreeC. Sulphuric acid leaching - extraction of 79% lithium is achieved with 1 hour of retention time at 60degreeC. Distilled water leaching for baseline test - extraction of 1% lithium is achieved with 24 hours or retention time at 23 degrees C. Key takeaways: Solution leaching results show lithium is readily leachable from the hosted claystone rock at 100% WT lithium project.

Overall lithium recovery is a function of time in retention, temperature, and type of acid used. Measured HCL acid consumed was 12% less than Sulphuric acid. Measured lithium into solution increased by 11% using HCL acid vs Sulphuric acid in 1 hour retention tests.

The results from the completed round of metallurgical testing and will be the basis for the upcoming second phase of metallurgical test work as summarized below: Feed preparation/beneficiation - coarse material (+75 micron) expecting a reduction in material mass, increase in lithium grade and decrease in net acid-consumption per mg of lithium put into solution. Further analysis on leaching time and temperature testing for reduced acid consumption. Three roast tests with subsequent water leach tests of the calcined products.