Targa Exploration Corp. announced the commencement of its fully- funded 2024 exploration program at the Company's flagship Opinaca Gold and Lithium project ("Opinaca"), located in the James Bay region of Quebec. The primary goals of the exploration program at Opinaca are to narrow down the search area of the possible bedrock sources of the gold and lithium anomalies identified in 2023 till sampling and progress toward identification of drill targets.

Kenorland Minerals will act as project operators for the duration of the 2024 exploration program, providing invaluable logistics, planning, and early-stage exploration experience in Quebec. Till Sampling Originally planned as a 2-Phase program, both the regional tills (1km line spacing) and in-fill samples (250m line spacing) will take place back-to-back to speed up delivery of results and allow for at least 400 additional samples to be taken with the original $1.35M budget. The additional samples will provide greater coverage over the 85,000ha project and greater data density.

A total of approximately 1,650 regional and 1,350 in-fill fine fraction till samples are planned for this program. A portable X-ray fluorescence machine will be stationed in camp where samples will be prepped for scanning. Results from the 2023 till sampling showed a very strong correlation between gold and arsenic values.

With arsenic values being much higher than gold and the element being easier to read with a portable XRF device, scanning in camp will allow for real-time data feedback from the regional-spaced samples. This will allow for positioning of the in-fill sample grids over the heads of the till trains without waiting for lab results and help direct where the prospecting team should focus their attention. A total of 40 heavy mineral concentrate ("HMC") samples will be taken in the areas of the gold and lithium anomalies.

The 10kg samples of the till will be sent to a lab for separation into density fractions and analyzed under a microscope to look for and count gold grains to assess their quantity and shape. Gold grain shape can indicate possible travel distances and aid in narrowing down bedrock source locations. Spodumene grains will also be looked for in samples taken in the area of the 2023 lithium-cesium till anomaly to determine if the anomalous values are a result of the local presence of spodumene-bearing pegmatites.

A four-person geology and prospecting crew will be in the field starting June 15th to begin an extensive prospecting and mapping program up-ice from the gold and lithium anomalies. The crew will be focused on searching for and sampling any mineralized boulders or outcrops that may be the source of the till anomalies, with the discovery of mineralized outcrops that could help identify futur drill targets being the ultimate goal of the field program. The geology team will also undertake mapping of the target areas to better understand the local geology and what geological units or structures may be related to the elevated gold values seen in till.

There has been no historic mineral exploration conducted at Opinaca to Targa's knowledge an government geology maps of the region were produced with limited field stations, leaving many unknowns as to the detailed geology of the project area. Field work is expected to be completed by July 7th with lab results of the till samples and any outcrop or boulder samples expected in mid-August. This will leave a window of opportunity in September to return to Opinaca for any necessary follow-up work, dependent on lab results and success during the June/July program.

The Opinaca Project is located in the James Bay region of Quebec, approximately 40km south of Patriot Battery Metals' Corvette lithium discovery, 45km south of the all-season Trans-Taiga Road and 120km northwest of the Renard Diamond Mine. The Opinaca Project covers 85,267 contiguous hectares of the Opinaca geological sub-province, dominantly a metasedimentary region with neoarchean-aged igneous intrusions including of the Vieux Comptoir suite of granites. Till sampling in 2023 uncovered a 5km x 4 km gold/arsenic/tungsten anomaly in the center of the project as well as a higher-grade gold and lithium anomaly to the east.