Prairie Mining Ltd.

Environmental & Social Information • Jan 20, 2022

GreenXMetals Limited (GreenXorthe Company) is pleased toreport the findings from ongoing geological analysis at the Arctic RiftCopper Project (ARCorARC Project). The latest analysisidentifies new "walk-up" native copper and copper sulphide targets forthe upcoming field program.GreenXin collaboration with its joint venture (JV) partner GreenfieldsExploration Ltd (GEX) has advanced its understanding of ARC innorthern Greenland. A recent structural geology report describes for thefirst-time structural features that are tied to the widespread coppersulphide and native copper mineralisation. In addition, an ongoingreview of historical notes and data has identified a location containingtwo types of native copper mineralisation that further strengthens theARC's analogy with the economically significant Keweenaw Peninsula inMichigan, USA, which contained a total pre-mined endowment of 16 Mt ofcopper.Thisvalidates the JV's geological modelling on ARC and provides multiple newtargets for sampling during the upcoming field season.MrStoikovich, Chief Executive Officer of GreenX Metalssaid: "The latest supporting evidence for extensive and intense coppermineralisation in an entirely new province is very exciting. This truefirst-mover opportunity has tremendous potential for multiple major newcopper discoveries."DrBell, Project Leadersaid: "Our low-costmineral system analysis program continues to gain momentum. The conceptsfor the new province are rapidly gaining supporting evidence and theprecision of our targeting is increasing markedly. This greatly improvesthe efficiency of our upcoming field programs."Toview the announcement in full, please refer to www.greenxmetals.com