Neo Lithium Corp.'s second exploration season of drilling and pumping work continues at the Third Quarter Project, with positive results so far. The company has received the results of the second hole drilled this exploration season. New drill hole PP1-D-15 yielded 238 metres with an average grade of 784 mg/L Lithium, 7,544 mg/L Potassium and Mg/Li ratio 2.02 and Sulfate/Li ratio 0.25. This hole is located in the western part of the northern target and extends previous results in the area down depth (previous holes were only 60 m deep in this sector). Results from two more drill holes in the northern target are pending. The Company has contracted two new drilling companies and is starting to drill with four rigs now, so results are expected to increase over the upcoming weeks. The brine samples collected in the field were delivered by Company personnel to Andesmar Transport Company ("Andesmar") in Catamarca city, in the province of Catamarca. Andesmar delivered the samples by truck to ASL, an ISO 9001-2008-certified laboratory in Mendoza, Argentina. ASL used the following analytical methodologies: ICP-OES (inductively-coupled plasma-optical (atomic) emission spectrometry) to quantify boron, barium, calcium, lithium, magnesium, manganese, and potassium; an argentometric method to assay for chloride; a gravimetric method to analyze for sulfate; a volumetric analysis (acid/base titration) for the evaluation of alkalinity (as CaCO3); a gravimetric method to determine density and total dissolved solids; and, a laboratory pH meter to determine pH. All analytical work is subject to systematic and rigorous Quality Assurance-Quality Control. A reference ("standard") sample was inserted into the sample stream at a frequency of approximately 1 in 15 samples; a field blank was inserted at a frequency of approximately 1 in 15 samples; and a field duplicate sample was inserted at a frequency of approximately 1 in 15 samples.