June 7, 2016

Research #3Lithium in Northwest Territories

Extremely high-grade lithium assays from surface

Today, 92 Resources Corp. published the assays from a first sampling program on its fully owned Hidden Lake Lithium Project near Yellowknife, NWT, Canada. The results confirm extremely high-grade lithium right at surface: 1.65%, 2.45%, 2.69%, 2.89% and 3.06% Li2O (average: 2.54 Li2O). For comparison: The Whabouchi Deposit in Quebec from Nemaska Lithium Inc. (market capitalization: $390 million CAD) averages 1.5% Li2O aiming to produce lithium carbonate at projected costs of $3,771 USD/t. Production costs from brines are somewhat lower with $2,000-3,000 USD/t, yet with current prices well above $10,000 USD/t, hard-rock lithium mining has become a very lucrative business as well, so far primarily in Australia. Hard-rock lithium deposits have the advantage of a short and direct path to production, one that is not influenced by weather or dependent on new technologies that still must prove viability on a commercial scale.

Company Details

92 Resources Corp.#1400 – 1111 West Georgia StreetVancouver, BC, Canada V6E 4M6Phone: +1 778 945 2950 Email: adrian@92resources.com www.92resources.com

Shares Issued & Outstanding: 31,809,923

Canadian Symbol (TSX.V): NTYCurrent Price: $0.10 CAD (June 6, 2016)Market Capitalization: $3 million CAD

German Symbol / WKN: R9G2 / A11575Current Price: €0.06 EUR (June 6, 2016)Market Capitalization: €2 million EUR

Chart Canada (TSX.V)

Chart Germany (Frankfurt)

2

nterestingly, there is a compar-able company by the name of Alset Energy Corp. which pub-

lished similar high-grade lithium assays from its hard-rock lithium property in Ontario 9 trading days ago (also from a first surface sampling program): 0.95%, 1.4%, 1.45%, 1.47% and 1.75% Li2O (average: 1.4% Li2O). Thus, the rocks from 92 Resources are 81% higher graded with lithium than Alset. 6 trading days ago, Alset published more assays from its sampling program: 1.23%, 1.44%, 2.19% and 6.38% Li2O, thus the total average is now at 2.03% Li2O and 92 Resources has 25% higher grades than Alset.

During the last 9 trading days since publication of the first assays, Alset’s stock increased strongly with high volumes and has a current market capitalization of $27 million CAD. For comparison: 92 Resources published higher grades today and has a current market capitalization of $3 million CAD. Hence, a similar market capitalization could be expected for 92 Resources, which translates into a short-term appreciation potential of 770%.

Hidden Lake’s historic lithium grades, and especially today’s high-grade assays, are similar or better than ad-vanced spodumene deposits in Canada (Nemaska), Australia and elsewhere. The reported mineralogy is very simple (spodumene processing and metallurgy straight-forward). Another major advan-tage is that the property is located close to a major road, whereas active infra-structure is in place in the Yellowknife Mining District.

Historic Exploration

During the mid-1950s, pegmatites in the Yellowknife district were explored for their lithium potential. Lasmanis concluded in “Lithium Resources in the Yellowknife Area, Northwest Territories, Canada” (1977):

“Detailed mapping and surface sampling of 14 properties within the district has demonstrated the presence of 49,000,000 tons of rock to a depth of 152m having

an average grade of 1.40% Li2O. These resources could be developed if and when market conditions place a strain on available supplies. Literature studies identified the Yellowknife area as a prime candidate for acquisition of reserves af-

ter a commodity study in 1974 focused on lithium as a major element needed for future energy systems. The Yellowknife district qualified, as it happens to con-tain sufficient potential resources to feed a centrally located conversion plant.”

Research #3 | 92 Resources Corp.

I

Picture from the latest sampling program on the Hidden Lake Property: A geologist from 92 Resources Corp. stands on top of an outcropping pegmatite dyke.

3

The majority of the area covered by the Hidden Lake Property has seen little his-toric exploration; most exploration has been to the north and east of the property.

Recent exposure as a result of forest fires has made identifying the pegmatite dykes on aerial photography possible, as the exposed the dykes are generally lighter coloured and resistant.

At Hidden Lake, the LU #12 and sur-rounding pegmatites offer formidable potential for significant tonnages of high-grade lithium. Past exploration identi-fied an extensive pegmatite field with large historic tonnages at high grades.

Pictures from the latest sampling program on the Hidden Lake Property showing large spodumene crystals at surface:

Research #3 | 92 Resources Corp.

4

Potential

• High-grade lithium pegmatites at and/or near surface• At least 6 new (unsampled) pegama-tites evidenced from airphotos• Simple mineralogy (coarse grained spodumene)• Fast delineation of a maiden NI43-101-compliant resource estimate (few drill holes needed).

The Hidden Lake Property

• Location: ~40 km NE of Yellowknife, Northwest Territories, Canada• Size: ~1,600 hectares• Access: Via all-weather highway within few 5 km of property• Geology: Several known pegmatites at surface plus numerous untested targets. The property is highly prospective for spodumene-bearing lithium pegmatites.Along trend of known lithium pegma-tites with sizeable, high-grade resour-

ces. Within zoned pegmatite fields, lithium rich pegmatites tend to occur a similar distance from the source granite, and are typically the furthest from the source granitoids. The largest pegmatite deposits often have structural controls increasing their tonnage or grade po-tential. The target pegmatite dykes at Hidden Lake are a similar distance from the Archean granitoids as the known spodumene-bearing bodies and as such, their potential for similar spodumene mineralization is considered high. • Mineralogy: Simple• Host mineral: Spodumene within the Yellowknife district is also described as “gen-erally light in colour and of good quality”.

Adrian Lamoureux, President & CEO of 92 Resources Corp. commented today:

“We are extremely pleased that our initial site visit confirmed the excep-tional potential Hidden Lake has to host a number of highly prospective

spodumene bearing pegmatites. The Yellowknife Pegmatite belt may one day prove to be an important source of lith-ium, which will help fuel Canada’s tran-sition to a green energy economy.”

About Hard-Rock (Spodumene Pegmatites) Deposits

Spodumene-bearing pegmatites con-tinue to be an important supply of lith-ium despite the advent of low-cost pro-duction from lithium brine deposits in South America in the mid-1990’s. As the demand for lithium is increasing, other pegmatite deposits around the world are gaining attention. The world’s lar-gest active lithium mine is the Green-bushes Lithium Project in Australia with reported reserves (as of September 30, 2012) of 62 million t at 2.8% Li20. The mine has been in operation since 1985, and produces approximately 740,000 t of lithium (spodumene) concentrates annually.

Research #3 | 92 Resources Corp.

5

LU #12 Dyke

• Estimated length: >300 m

• Average width: ~10 m

• Historic grades: 0.64% to 1.4% Li (1.37% to 3.01% Li2O) in 7 trench samples

• Spodumene: content observed to range from up to 20% with sub-intervals to 35%, coarse-grained

At Hidden Lake, the LU#12 pegmatite was historically mapped and sampled over an approximate exposure that measures 10 by 300 m.

7 samples were collected from surface trenches, and contained between 1.37 and 3.01% Li2O.

The very high grades of lithium were at-tributed to observed concentrations of coarse-grained spodumene.

Crystals up to 90 cm long were noted. The spodumene content in pegmatites on the Hidden Lake Property ranges from up to 20% with sub-intervals to 35%, coarse-grained. The average spodumene content in Nemaska’s Whabouchi De-posit is 20% with light-blue spodumene crystals reaching up to 30 cm in size.

The Hidden Lake Lithium Property has a historic lithium showing and several additional exploration targets. In addi-tion to the LU#12 Lithium Pegmatite, airphotos indicate the presence of at least 6 other pegmatites with lengths to several hundred meters.

This confirms Lasmanis’ assertion (1977) that the abundance of pegmatites in the area is “astounding”.

Analyst Coverage

Research #2: “Untapping Canada‘s Hidden Lithium Treasuries“ (March 1, 2016)

Research #1: “92 Resources on the case for Hard Rock Lithium“ (April 11, 2016)

Research #3 | 92 Resources Corp.

6

By Marc Davis www.BNWnews.caon April 11, 2016

How long does it take to build a busi-ness into a billion dollar asset? Typically, it takes a whole generation – or longer. (For instance, it took the world’s largest retail company, Walmart, nearly 30 years to reach $1 billion in sales.)

But in the mining business, stratospher-ic success can happen in just a matter of weeks. That’s assuming an exploration company is smart enough, as well as for-tunate enough, to drill in the right places.

In which case, there still exists the oppor-tunity to unearth multi-billion mineral assets that are ripe for the picking. And for the right kinds of minerals, such as lithium and diamonds, even Canada still offers untapped opportunities.

92 Resources Corp. (TSX.V: NTY) (Frank-furt: R9G2) is among the many intrepid exploration juniors that hope to become virtually overnight rags-to-riches stor-ies. It’s pinning its hopes on a revitalized lithium project, which is situated only 40 kilometres from Yellowknife, the capital city of the Northwest Territories (NWT).

Whereas most of Canada has already been picked clean for new gold discov-eries, the hunt for rich lithium deposits has only become a popular quest within the last several years.

And the rewards can be very lucrative in-deed. For instance, one of 92 Resources’ peers in the exploration sector, Nemaska Lithium Inc., has already hit the geologic-al jackpot. It went from the discovery stage just a few short years ago to an independently-assessed valuation (NPV) of almost $1.9 billion for its Whabouchi lithium project in James Bay, Quebec.

In fact, lithium is fast becoming more lus-trous to investors than gold. So much so that it’s even been hailed “the new gasoline” by Wall Street’s most powerful and influ-

ential investment bank, Goldman Sachs. This is all because of the electrification of the automobile industry, which is reliant on “green” lithium-ion batteries. Tesla Motors is leading the way in the U.S. with the building of its $5 billion “gigafactory” in Nevada, where it will manufacture lithium-ion batteries in partnership with Panasonic, its Japanese battery supplier.

Production is expected to start later this year. And by 2020, enough lithium bat-tery-packs will be manufactured each year to power up to 500,000 electric vehicles.

Most notably, Tesla wants to source as much of its lithium supplies as possible from domestic or Canadian mines. And presently, that’s a tall order because only one North American lithium mine exists, which is also in Nevada.

All of this promises to be a boom to suc-cessful lithium explorers here in North America, especially since the U.S. current-ly has to import over 80% of its lithium sup-plies. Even the U.S. government is onside with Tesla’s bold mandate because it has declared lithium to be a strategic metal.

So the race is on to find the biggest and best deposits on this continent.

And 92 Resources isn’t wasting any time in its efforts to probe the parameters of an emerging hard-rock lithium resource at Hidden Lake. This is where historic work has outlined a near-surface lithium discovery that has the potential for large tonnage, as well as high grades.

The work was conducted as far back as the mid 1950s when lithium – the world’s lightest metal – was being hunted for in-dustrial applications, as well as for nucle-ar power plants. However, a subsequent slump in lithium demand led to the aban-donment of the project. And the project has languished ever since – until now.

That said, there has been some modest success at mining lithium in this remote part of Canada dating back to the 1940s and 1950s. However, company president Adrian Lamoureux says most historic ex-ploration and development work in this region has only just scratched the surface.

For instance, he points to a 1977 geo-logical assessment of the Hidden Lake property and adjacent prospects, which suggests their combined potential to host at least 49 million tons of high-grade lithium (averaging 1.40% Li2O). (It should be noted that this historic resource esti-

Research #3 | 92 Resources Corp.

Canadian Lithium to Outshine Gold?

Red and green spodumene crystals bearing the battery-critical element lithium (source)

7

mate is not NI 43-101 compliant, mean-ing that it does not qualify in Canada as a reliable resource measurement). Though his company will need to expand its land holdings and drill to see if these figures can be duplicated, Lamoureux says even a more modest-sized deposit could be profitably mined.

“Most hard rock lithium deposits around the world start to become pot-entially economic at a minimum thresh-old of around 10 million tons,” he says. “That is assuming that they have grades at around 1.0% lithium (Li2O) or better, and are located in established mining districts with good infrastructure in-place.”

“So if we can demonstrate that we have the kind of tonnage and high grades that historic exploration works suggests exist at Hidden Lake, then we’re onto a prospectively world-class winner,” he adds.

The project’s appeal is sweetened by the fact that it sits within 150 metres (500 feet) of the surface, which means it could be amenable to inexpensive open-pit (quarry-like) ore extraction.

To date, surface trench samples have yielded grades as high as 3.01 % Li2O, with an average grade of about 2% among the mineralized showings. Of equal significance, some small-scale his-toric drilling has also revealed mineral-ized grades to a depth of 150 metres that are comparable to ones encountered by near-surface sampling.

This prospect of consistently rich grades throughout this well-mineralized asset is what really excites Lamoureux. And that’s something that 92 Resources aims to find out in the coming months.

In the near-term, the company intends to conduct an extensive surface sam-pling program. This will provide a better understanding of the overall parameters of this under-developed lithium re-source, as well its average grades near the surface. Subsequent to that, a drill program is expected to get underway this fall.

Recent exploration work at the expan-sive 1,000-hectare-plus property also suggests it may be significantly larger than it was originally believed to be. To this point, numerous geological anom-alies that have yet to be tested, all of which suggest the deposit is “open” (continuous) along a linear axis.

Accordingly, 92 Resources’ management believes its Hidden Lake deposit holds the potential for considerable expan-sion.

Additionally, the nearby proximity of Yellowknife means that the project benefits from accessibility to important regional infrastructure. The fact that a well-serviced gold mining camp is locat-ed a short distance to the west of Hid-den Lake further benefits the logistics in favour of a prospectively economic project. And the NWT is well-known for being a mining-friendly jurisdiction.

An important discovery at Hidden Lake would be welcome news for the renew-able energy business sector. In fact, the large-scale adoption of lithium-ion bat-teries is being aggressively presaged by various government initiatives. They in-clude the Obama Administration’s com-mitment of $2 billion to helping finance clean energy initiatives, which include a broad-based adoption of lithium-ion powered batteries.

Other catalysts for the accelerated growth in the lithium-ion battery mar-ket include quickly falling battery prices, matched with the advent of more “green battery” mega- factories being built around the world.

All told, lithium demand is forecast to triple by 2020, according to the Califor-nian technology research firm, Frost & Sullivan. This should translate into a $40 billion a year lithium-ion battery market by the same year, according to Citi Re-search, a division of the giant U.S. bank, Citibank.

The problem right now is a supply con-straint. This is because lithium mining around the world is controlled by just four major chemical companies. And

they’re not able to quickly scale-up pro-duction any time soon. Not surprisingly, lithium prices have been trending up-wards, especially over the past couple of years.

This long-term ascendancy in lithium prices appears poised to gather steam, especially because there’s a supply crunch on the horizon. In fact, demand is anticipated to be as high as 125% of total production capacity, according to Credit Suisse Equity Research, part of the giant European investment bank Credit Suisse.

Besides being capacity-constrained, lith-ium mining is also subject to geopolitical risks and environmental issues among the world’s major production areas, which include Latin America and China. So battery manufacturers are desperate for an uninterrupted long-term lithium supply that is mostly sourced here in North America.

This all explains why it is imperative for new producers to meet a projected fu-ture supply deficit. Certainly, 92 Resour-ces hopes to be one of them.

In so doing, the company will have a chance to brandish its “green” creden-tials by helping to set society on a path toward a low-carbon energy future. And in the process, investors have an oppor-tunity for a home-run win like the one that’s already being enjoyed by share-holders of Nemaska Lithium.

Research #3 | 92 Resources Corp.

The spodumene variety, kunzite (source)

Vancouver Commodity ForumJune 14, 2016 at Hyatt Regency Hotel in Vancouver

Click Here to Register

Exhibitors:

92 Resources Corp. (TSX.V: NTY; Frankfurt: R9G2)ALX Uranium Corp. (TSX.V: AL; Frankfurt: 6LLN)Arctic Star Exploration Corp. (TSX.V: ADD; Frankfurt: 82A)Aurvista Gold Corp. (TSX.V: AVA; Frankfurt: AVA2)Belmont Resources Inc. (TSX.V: BEA; Frankfurt: L3L1)Canadian Zeolite Corp. (TSX.V: CNZ ; Frankfurt: ZEON)Commerce Resources Corp. (TSX.V: CCE; Frankfurt: D7H)Copper North Mining Corp. (TSX.V: COL; Frankfurt: 79M)Dunnedin Ventures Inc. (TSX.V: DVI; Frankfurt: 5DD)Electra Stone Ltd. (TSX.V: ELT; Frankfurt: 44E1)Equitas Resources Corp. (TSX.V: EQT; Frankfurt: T6UN)Group Ten Metals Inc. (TSX.V: PGE; Frankfurt: 5D31)MGX Minerals Inc. (CSE: XMG; Frankfurt: 1MG)Nevada Clean Magnesium Inc. (TSX.V: NVM; Frankfurt: M1V)Nickel One Resources Inc. (TSX.V: NNN; Frankfurt: 7N1)NRG Metals Inc. (TSX.V: NGZ; Frankfurt: OGPN)Scandium Int. Mining Corp. (TSX.V: SCY; Frankfurt: 0E6)True Leaf Medicine Int. Ltd. (CSE: MJ; Frankfurt: TLA)Umbral Energy Corp. (CSE: UMB; Frankfurt: 2UE)Vatic Ventures Corp. (TSX.V: VCV.H)Voltaic Minerals Corp. (TSX.V: VLT; Frankfurt: 2P61)Zimtu Capital Corp. (TSX.V: ZC; Frankfurt: ZCT1)

Program:

12:00 pm: Exhibitor floor opens

1:00 pm: Welcome from Dave Hodge, President of Zimtu Capital Corp.

1:10 pm: Participant company introductions by Dave Hodge and Sven Olsson

1:30 pm: Joe Martin (Cambridge House International): The difference between exploration and mining, and the importance of Vancouver

1:40 pm: John Kaiser (Kaiser Researcb Online): “Criticality of Supply” and how it effects world prices, demand, and the ability to use that to your advantage in the market place

2:10 pm: BREAK - Networking with refreshments

3:00 pm: Stephan Bogner (Rockstone Research): How European markets impact Canadian markets

3:20 pm: John Hykawy (Stormcrow Capital): Demand & Pricing for lithium, cobalt and other battery materials

3:50 pm: Gerry McCarvill (Aurvista): Hedging the metals mar-kets - How to contain the large down drafts of the last 5 years 4:00 pm: Chris Berry (Disruptive Discoveries Journal): The future of lithium

4:30-6:00 pm: Networking Session with refreshments

9

Disclaimer and Information on Forward Looking Statements:All statements in this report, other than statements of historical fact should be con-sidered forward-looking statements. Much of this report is comprised of statements of projection. Statements in this report that are forward looking include that lith-ium and commodity prices are expected to rebound; that 92 Resources Corp. or its partner(s) can and will start exploring fur-ther; that exploration has or will discover a mineable deposit; that the company can raise sufficient funds for exploration or development; that any of the mentioned mineralization indications or estimates are valid or economic. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in these forward-look-ing statements. Risks and uncertainties respecting mineral exploration and mining companies are generally disclosed in the annual financial or other filing documents of 92 Resources Corp. and similar com-panies as filed with the relevant securities commissions, and should be reviewed by any reader of this report. In addition, with respect to 92 Resources Corp., a number of risks relate to any statement of projection or forward statements, including among other risks: the receipt of all necessary approvals and permits; the ability to con-clude a transaction to start or continue exploration; uncertainty of future lithium and commodity prices, capital expendi-tures and other costs; financings and addi-tional capital requirements for exploration, development, construction, and operating of a mine; the receipt in a timely fashion of further permitting for its legislative, pol-itical, social or economic developments in the jurisdictions in which 92 Resources Corp. carries on business; operating or technical difficulties in connection with mining or development activities; the abil-ity to keep key employees, joint-venture partner(s), and operations financed. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking infor-mation. Rockstone and the author of this report do not undertake any obligation to update any statements made in this report.

Disclosure of Interest and Advisory Cautions: Nothing in this report should be construed as a solicitation to buy or sell any securities mentioned. Rockstone, its owners and the author of this report are not registered broker-dealers or financial advisors. Before investing in any securities, you should consult with your financial advisor and a registered broker-dealer. Never make an investment based solely on what you read in an online or printed report, including Rockstone’s report, especially if the investment involves a small, thinly-traded company that isn’t well known. The author of this report is paid by Zimtu Capital Corp., a TSX Venture Exchange listed investment company. Part of the author’s responsibilities at Zimtu is to research and report on companies in which Zimtu has an investment. So while the author of this report is not paid directly by 92 Resources, the author’s employer Zimtu will benefit from appreciation of 92 Resources’ stock price. In addition, the author owns shares of 92 Resources Corp. and would also benefit from volume and price appreciation of its stock. In this case, 92 Resources Corp. does NOT have one or more common directors with Zimtu Capital Corp. Overall, multiple conflicts of interests exist. Therefore, the information provided herewithin should not be construed as a financial analysis but rather as advertisment. The author’s views and opinions regarding the companies featured in reports are his own views and are based on information that he has researched independently and has received, which the author assumes to be reliable. Rockstone and the author of this report do not guarantee the accuracy, completeness, or usefulness of any content of this report, nor its fitness for any particular purpose. 92 Resources Corp. has not reviewed the content prior to publication. Lastly, the author does not guarantee that any of the companies mentioned will perform as expected, and any comparisons made to other companies may not be valid or come into effect. Please read the entire Disclaimer carefully. If you do not agree to all of the Disclaimer, do not access this website or any of its pages including this report in form of a PDF. By using this website and/or report, and whether or not you actually read the Disclaimer, you are deemed to have accepted it. Information provided is educational and general in nature.

Analyst Profile & Contact

Stephan Bogner (Dipl. Kfm., FH)Mining Analyst Rockstone Research 8050 Zurich, SwitzerlandPhone: +41-44-5862323Email: sb@rockstone-research.com

Stephan Bogner studied at the International School of Management (Dortmund, Germany), the European Business School (London,

UK) and the University of Queensland (Brisbane, Australia). Under supervision of Prof. Dr. Hans J. Bocker, Stephan completed his diploma thesis (“Gold In A Macroeconomic Context With Special Consideration Of The Price Formation Process”) in 2002. A year later, he marketed and translated into German Ferdinand Lips‘ bestseller (“Gold Wars“). After working in Dubai for 5 years, he now lives in Switzerland and is the CEO of Elementum International AG specialized in duty-free storage of gold and silver bullion in a high-security vaulting facility within the St. Gotthard Mountain Massif in central Switzerland.

Rockstone is a research house specialized in the analysis and valuation of capital markets and publicly listed companies. The focus is set on exploration, development, and production of resource deposits. Through the publication of general geological basic knowledge, the individual research reports receive a background in order for the reader to be inspired to conduct further due diligence. All research from our house is being made accessible to private and institutional investors free of charge, whereas it is always to be construed as non-binding educational research and is addressed solely to a readership that is knowledgeable about the risks, experienced with stock markets, and acting on one’s own responsibility.

For more information and sign-up for free newsletter, please visit: www.rockstone-research.com

Research #3 | 92 Resources Corp.