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Nemaska Lithium Provides Details of Drilling Results on Newly Discovered Doris zone

Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation") (TSX:NMX)(OTC:NMKEF) is pleased to provide details of all the drilling results on the newly discovered Doris zone (see press release of September 06, 2016) on its Whabouchi lithium project. The company encountered a new lithium bearing zone in the southwestern end of the planned pit area (Figure 1). The Doris zone, contains 5 interconnected dykes and has now been confirmed on 420m of lateral extension and up to a maximum depth of 440m where it joins the main dyke. The Doris zone starts in the southwest and is open along strike to the northeast. Doris appears to run parallel to main zone which extends for 1.2km to the northeast (Figure 2).

"Our drilling to date on the Doris discovery has yielded drill holes with significant widths and grades which are similar to the main zone of the Whabouchi deposit" commented Guy Bourassa, President and CEO of Nemaska Lithium. "It will immediately impact the Whabouchi project as we intend to add it to the resource estimate and possibly the reserves of the mine. Doris is open towards the northeast, with excellent potential to add additional tonnage to the Whabouchi project, as we consider a drill program during the winter to expand and confirm its extension," commented Mr. Bourassa, President and CEO of Nemaska Lithium.

A 4,000m drill program was completed on the Doris Zone. A total of 17 holes (with more than 1 intersect per hole) having a cumulative core length of approximately 644m of mineralized intersections have intercepted the Doris zone, and have reported the following intersections:

Section Hole Name From (m) To (m) Core Length (m) Li2O (%) True Width* (m)
01+75 WHA-16-145 26.0 43.8 17.8 0.58 14.8
01+75 WHA-16-169 140.0 151.0 11.0 0.59 10.0
02+00 WHA-16-146 82.9 92.9 10.0 0.57 6.5
02+00 WHA-16-146 114.9 137.9 23.0 1.74 20.9
02+00 WHA-16-146 173.8 178.1 4.3 1.17 3.7
02+25 WHA-16-147 132.0 169.7 37.7 1.49 15.9
02+50 WHA-16-148 88.5 92.5 4.0 1.23 1.7
02+50 WHA-16-148 163.2 186.2 23.0 1.58 16.3
02+75 WHA-16-149 81.3 89.0 7.7 0.92 3.3
02+75 WHA-16-149 169.0 190.0 21.0 1.18 16.3
02+75 WHA-16-149 214.0 218.0 4.0 1.78 3.3
03+00 WHA-16-150 5.4 26.6 21.2 1.65 15.8
03+00 WHA-16-150 133.3 155.7 22.4 1.36 15.3
03+25 WHA-16-175 83.0 114.0 31.0 0.97 12.9
03+25 WHA-16-175 234.3 251.3 17.0 1.61 11.9
03+25 WHA-16-192 238.5 305.0 66.5 1.36 20.5
03+50 WHA-16-190 186.3 214.4 28.1 1.48 13.5
03+50 WHA-16-190 289.3 312.2 22.9 1.42 16.7
03+75 WHA-16-184 300.3 381.0 80.7 1.4 33.0
04+00 WHA-16-151 91.3 107.1 15.8 1.28 7.1
04+00 WHA-16-151 264.3 273.3 9.0 1.73 9.1
04+00 WHA-16-195 178.7 197.7 19.0 1.49 12.1
04+00 WHA-16-195 326.5 329.1 2.6 1.34 2.4
04+25 WHA-16-152 62.0 66.0 4.0 1.53 2.5
04+25 WHA-16-152 132.7 139.1 6.4 1.44 3.6
04+25 WHA-16-152 236.6 242.1 5.6 0.96 5.2
04+25 WHA-16-194 204.0 230.0 26.0 1.39 13.7
04+50 WHA-16-193 324.9 402.0 77.1 1.39 18.9
05+00 WHA-16-153 22.8 33.6 10.8 1.02 6.1
05+00 WHA-16-153 240.2 242.7 2.6 0.45 1.9
05+00 WHA-16-153 264.6 276.4 11.8 1.5 10.7

* True width are measured from dyke interpretation on the sections.

The Company intends to release new resource estimate in the coming week taking into consideration not only the new Doris zone, but also the results of the 17,000m of definition drilling that was recently completed on the Whabouchi mine. Likewise the feasibility study titled: NI 43-101 Technical Report Feasibility Study Update on the Whabouchi Lithium Deposit and Hydromet Plant (Revised), dated as of April 4th, 2016, as amended and refiled on June 08, 2016, will be updated.

The drilling campaign was planned and supervised by Jean-Philippe Paiement, M.Sc. P. Geo, at SGS Canada Inc. Samples were prepared by the SGS Canada Inc. laboratory in Quebec City and have been analyzed by the SGS Canada Inc. accredited laboratory in Lakefield.

A QAQC program involving blank samples (3% of the sampling stream), standard samples (3% of the sampling stream) and field duplicates (3% of the sampling stream) has been established during sampling. 5% of the mineralized samples will also be sent to ALS for pulp duplicates. The work is carried out in accordance with CIM's mining exploration guidelines.

The technical parts of this press release were prepared by Jean-Philippe Paiement, M.Sc. P. Geo, at SGS Canada Inc., qualified person under Regulation NI 43-101.

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