RECHARGE RESOURCES ANNOUNCES DDH1 POCITOS 1 LITHIUM BRINE PROJECT SAMPLES 169PPM LITHIUM AT 363M DEPTH EXCEEDING LITHIUM CONTENT SAMPLED IN 2018 DISCOVERY WELLS

RECHARGE RESOURCES ANNOUNCES DDH1 POCITOS 1 LITHIUM BRINE PROJECT SAMPLES 169PPM LITHIUM AT 363M DEPTH EXCEEDING LITHIUM CONTENT SAMPLED IN 2018 DISCOVERY WELLS

Vancouver, BC – January 24, 2023 – Recharge Resources Ltd. (“Recharge” or the “Company”) (RR: CSE) (RECHF: OTC) (SL5: Frankfurt) is pleased to announce the completion of DDH1 that intercepted the targeted brine aquifers and sampled 169 ppm lithium and flow rates similar to what was previously observed under its own pressure, constrained by a valve to preserve the well. The brines flowed for 10 days. The drill hole also intercepted gas (tested to have minor amounts of carbon dioxide) in a porous lithological unit that accelerated the brine flow.