Enerev5 Metals Inc. Stakes Lithium-Focused Claims in Northeastern Nevada

(TheNewswire)

Toronto, Ontario – TheNewswire - January 9, 2026 –Enerev5 MetalsInc. (TSX-V: ENEV) (“Enerev5” or the“Company”) is pleased to announce that it has staked 81 mineralclaims in northeastern Nevada, covering about 1,680 acres or 6.8square kilometres across two claim blocks.

The newly staked claims are strategically located inclose proximity to properties held by Surge Battery Metals Inc. (“Surge”) and Peloton Minerals Corp. (“Peloton”), bothof which are actively advancing lithium exploration programs in theregion. Surge has reported the discovery of a significantlithium-in-clay deposit, while Peloton recently completed its maidendrill program, confirming the near-surface presence of clay orclay-bearing material to a vertical depth of at least 500 feet across abroad area of its property1.

Enerev5 staked the claims based on regional prospectingwork and a comprehensive review of publicly available geological dataand lithium exploration activity within this emerging district. TheCompany is evaluating an initial exploration program that may includegeological mapping, soilgeochemistry, prospecting, and surface geophysical surveys, subject to permitting and market conditions.

The acquisition aligns with Enerev5’s strategy toidentify and advance ethicallysourced critical battery metals in stable,mining-friendly jurisdictions. Nevada is widely recognized as aleading lithium jurisdiction, with a stated objective to become theNorth American hub for the entire “Lithium Loop”supply chain — encompassing extraction, processing, batterymanufacturing, and recycling2. This policy framework is intended to reduceU.S. reliance on foreign critical mineral supply, support clean energyinitiatives, and drive long-term economic growth.

Northern Nevada hosts large, district-scalesediment-hosted lithium claydeposits, typically characterized by lithiumenrichment within smectite- and illite-bearing claystone units inarid, closed-basin environments. These deposits are commonlyassociated with ancient volcanic systems, including the McDermitt Caldera,which hosts Lithium AmericasCorp.’s Thacker Pass lithium-in-clay project,the world’s largest known lithium deposit3. LithiumAmericas is advancing Thacker Pass in partnership with General Motors andthe U.S. Department ofEnergy, with the project designed to producebattery-grade lithium carbonate for domestic electric vehiclemanufacturing.

Enerev5 believes its newly staked claims provideexposure to a highly prospective lithium district and represent anattractive early-stage opportunity consistent with the Company’slong-term growth strategy.

Cautionary Statements

The Company cautions that mineralization on adjacent ornearby properties is not necessarily indicative of mineralization onthe Company’s claims. The Company notes that the presence of majordeposits in the region does not imply that similar mineralization willbe present on Enerev5’s claims.

Website Update
Enerev5’s corporate website is currently undergoing updates toreflect the Company’s strategic focus on critical battery metals,including lithium exploration in Nevada. During this brief updateperiod, website content will be temporarily unavailable. The updatedwebsite will provide additional information on Enerev5’s projects,corporate objectives, and exploration strategy once the refresh iscomplete. Investors and other stakeholders may contact the Company’sCEO, Errol Farr, at the contact information below.

1. Surge Battery Metals has reported the discovery andexpansion of the Nevada North Lithium Project, described as thehighest-grade lithium claystone resource in the United States. ASeptember 2024 mineral resource estimate indicated 11.24 milliontonnes of Lithium Carbonate Equivalent (LCE) with an average grade of3,010 ppm lithium, and a June 2025 Preliminary Economic Assessmentestimated a $9.21 billion after-tax net present value. Moreinformation is available on the Surge Battery Metals website. PelotonMineral provided an update on its maiden drill program in a pressrelease dated December 10, 2025.

2. Nevada's objective to become the North Americanhub for the complete "Lithium Loop" is formally detailed inseveral state agency documents and executive strategic plans. For moredetails, please visit the following links, https://goed.nv.gov/lithium-loop/, https://www.unr.edu/tech-hub/lithium-loop, https://goed.nv.gov/wp-content/uploads/2025/06/GOEDLithiumCycleGraphic_7172023.pdf

3. Lithium Americas states on its website that theThacker Pass project in northern Nevada hosts the world's largestknown measured lithium resource (Measured and Indicated) and reserve(Proven and Probable). This claim appears on the homepage, InvestorOverview, Thacker Pass Overview, and About Us pages, and is includedin press release boilerplates. For more details, visit LithiumAmericas.

About Enerev5 Metals Inc.

Enerev5 Metals Inc. (TSX-V: ENEV) is a Canadianexploration company focused on the identification and development ofcritical battery metals projects in stable, mining-friendlyjurisdictions. The Company’s strategy is to build a portfolio ofearly-stage assets that have the potential to supply ethically-sourcedmetals essential to the global transition to clean energy. Enerev5 iscurrently advancing lithium exploration in northeastern Nevada andcontinues to evaluate additional opportunities in high-potentialjurisdictions to support its long-term growth objectives.

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.

For further information please contact:

Enerev5 Metals Inc.

Errol Farr, President and CEO

Email: efarr001@icloud.com

Tel: 647-296-1270

Forward-Looking Statements

This news release contains “forward-lookingstatements” or “forward-looking information” (collectively,“forward-looking statements”) within the meaning of applicablesecurities legislation. All statements, other than statements ofhistorical fact, are forward-looking statements and are based onexpectations, estimates and projections as of the date of this newsrelease. Any statements that express or involve discussions withrespect to predictions, expectations, beliefs, plans, projections,objectives, assumptions or future events or performance (often, butnot always, identified by words or phrases such as “expects”,“is expected”, “anticipates”, “believes”, “plans”,“projects”, “estimates”, “assumes”, “intends”,“strategy”, “goals”, “objectives”, “forecasts”,“budget”, “schedule”, “potential”, “possible” orvariations thereof or stating that certain actions, events, conditionsor results “may”, “could”, “would”, “should”,“might” or “will” be taken, occur or be achieved, or thenegative of any of these terms and similar expressions) are notstatements of historical fact and may be forward-looking statements.Forward-looking statements include, but are not limited to, statementsregarding: the staking of the 81 claims located in the State ofNevada, the timing and content of upcoming work programs; geologicalinterpretations; timing of the Company’s exploration programs; andestimates of market conditions.

Forward-looking statements are subject to a variety ofknown and unknown risks, uncertainties and other factors that couldcause actual events or results to differ from those expressed orimplied by forward-looking statements contained herein. There can beno assurance that such statements will prove to be accurate, as actualresults and future events could differ materially from thoseanticipated in such statements. Certain important factors that couldcause actual results, performance or achievements to differ materiallyfrom those in the forward-looking statements include, among others:general economic conditions in Canada and globally; industryconditions; governmental regulation of the mining industry, includingenvironmental regulation; geological, technical and drilling problems;unanticipated operating events; competition for and/or inability toretain drilling rigs and other services; the availability of capitalon acceptable terms; the need to obtain required approvals fromregulatory authorities; stock market volatility; volatility in marketprices for commodities; liabilities inherent in the mining industry;changes in tax laws and incentive programs relating to the miningindustry. This list is not exhaustive of the factors that may affectthe Company’s forward-looking statements. There may be other factorsthat could cause actual events or results to differ from thoseexpressed or implied by forward-looking statements containedherein.

Forward-looking statements are necessarily based upon anumber of factors and assumptions that, if untrue, could cause actualevents or results to differ from those expressed or implied byforward-looking statements contained herein. Forward-lookingstatements are based upon a number of estimates and assumptions that,while considered reasonable by the Company at this time, areinherently subject to significant business, economic and competitiveuncertainties and contingencies that may cause the Company’s actualfinancial results, performance, or achievements to be materiallydifferent from those expressed or implied herein.

Copyright (c) 2026 TheNewswire - All rights reserved.