Drilling Commenced on Alset Energy's La Salada Salar Lithium Project

Alset Energy Corp. ("Alset" or "the Company") is pleased to announce that drilling has commenced on the La Salada salar in Zacatecas, Mexico. The exploration program includes two deep holes to test for brine horizons, sediment composition and depth to basement; followed by a shallow subsurface sampling program.

Material from this work will be sent for geochemical and mineralogical analysis, leach testing, and scoping metallurgical testing to assess grade and recovery characteristics.

Allan Barry Laboucan, President and CEO of Alset Energy said: "Our team has worked hard to get to this stage where we can start drilling and carrying out further sampling on the La Salada salar. La Salada is one of our highest grade salars based on past historical work, but we really need to better understand the distribution of lithium, potassium and boron throughout the salar and to test for brine horizons. I look forward to a good news flow from this program as we will be very busy working at La Salada and sending material in for testing."