Stria Lithium Inc. reported the results from the final five (5) drill holes (975-19-016, 017, 019, 022,and 025) from the Company's Q1-2020 step-out drilling program at its Pontax Lithium Property (the"Property") located in west-central Eeyou Istchee James Bay Territory, Northern Québec. This most recentdrilling program targeted the Pontax spodumene pegmatite prospect, the main occurrence of lithiumspodumene pegmatites discovered on the Property to date. The drilling was designed to test thenortheastern and southwestern extensions of the spodumene pegmatite zone at a 50-metre spacing, aswell as to test for dykes inside the footwall of the zone towards the Northwest.

The results released are for the last five drill holes whose analyitical results were pending at thetime of the Company's news release on December 2, 2021. These include two (2) drill holes positioned totest the extension of the spodumene pegmatite dyke swarm to the Northeast (975-19-016 and 975-16-019) and one drill hole positioned to test the extension of the dyke swarm to the Southwest (975-19-025). The fourth drill hole (975-019-017) tested the extension of the dyke swarm at depth below hole 975-19-18, while the fifth and last hole (975-19-022) tested the pegmatite dykes in the footwall spodumenepegmatite zone to the Northwest.

Highlights from holes 975-19-016, 017, 019, 022, and 025 1,2,3: Eleven BTW-diameter drill holes were completed for a total of 1,510.5 m drilled, with the results of the five last holes being released. A total of 654.3 m of core were sampled and submitted for multi-element geochemical analysis for the current program, of which 189.3 m (29%) represent spodumene bearing pegmatite. Four of the five holes reported intersected spodumene bearing pegmatite dykes with individual intercepts grading from 1.09% Li2O over 1.72 m1 in hole 975-19-17 to 1.82% Li2O over 2.07 m1 in hole 975-19-019.

Best intersection: Hole 975-19-022, drilled at N325o-50o to a vertical depth of 70.7 m in the central southwest portion of the spodumene pegmatite dyke swarm on Line 1+50E, intersected numerous closely spaced dykes that define a significant intercept2 grading 1.28% Li2O over 3.89 m1 at a vertical depth of 31.2 m. This intercept confirms the continuity of the spodumene mineralization in the footwall of the zone, previously detected in holes 975-19-023 and 024. Hole 975-19-016, drilled at N325o-50o to a vertical depth of 80.3 m at the northerneastern end of the spodumene pegmatite dyke swarm, above hole 975-19-015 on Line 6+00E, intercepted two bands of spodumene pegmatite dykes, the first grading 1.45% Li2O over 1.61 m1 (from 58.05 m to 60.35 m; core length: 2.30 m) and the second grading 1.11% Li2O over 2.10 m1 (from 69.30 m to 72.30 m; core length: 3.00 m). Hole 975-19-17, drilled at N325o-50o to a vertical depth of 90.0 m in the northeastern portion of the spodumene pegmatite dyke swarm, below hole 975-19-015 on Line 4+50E, intercepted five bands of spodumene pegmatite dykes ranging in grade from 1.09% Li2O over 1.72 m1 (from 36.35 m to 38.80 m; core length: 2.45 m) to 1.54% Li2O over 1.26 m1 (from 74.55 m to 76.35 m; core length: 1.80 m).

Hole 975-19-19, drilled at N325o-50o to a vertical depth of 80.35 m in the northeastern portion of the spodumene pegmatite dyke swarm, above hole 975-17-013 on Line 5+50E, intercepted five bands of spodumene pegmatite dykes ranging in grade from 0,73% Li2O over 3.85 m1 (from 96.30 m to 101.80 m; core length: 5.50 m) to 1.82% Li2O over 2.07 m1 (from 90.20 m to 93.15 m; ore length: 2.95 m). Hole 975-19-25, drilled at N325o-50o to a vertical depth of 90.0 m at the southwestern extremity of the spodumene pegmatite dyke swarm, on line 0+50W, did not intersect significant spodumene mineralization.· The spodumene bearing pegmatite dyke swarm remains open along strike to the northeast and at depth, while thinning out toward the southwest. Dykes are absent in the hangingwall to the southeast of the spodumene pegmatite dyke swarm but were detected with some continuity in the footwall to the northwest.Highlights from holes 975-19- 015, 018, 020, 021, 023 and 0241,2,3: Best intersection: Hole 975-19-018, drilled at N325o-50o to a vertical depth of 101.0 m on Line 4+50E near the northeastern end of the spodumene pegmatite zone, intersected numerous closely spaced dykes, wth the best intercept being 11.27 m1 grading 0.91% Li2O at a vertical depth of 56.28 m, including: 2.84 m1 grading 1.72% Li2O (from 84.80 m to 88.85 m; core length: 4.05 m)· Significant2 intercept in Hole 975-19-020, drilled on Line 3+50E at N325o-50o degrees to a vertical depth of 13.58 m, with 3.36 m1 grading 2.55% Li2O (from 19.40 m to 24.20 m; core length: 4.80 m.