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Banana Project

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WhiteRock Lithium Corp. - advancing the highly prospective Banana Project near the James Bay region of Quebec

A wholly owned tenement package with drilling revealing multiple stacked pegmatites, thick intercepts, at/near surface, high-grade, coarse grained with tantalum and caesium by-product potential

Corporate Overview

WhiteRock Lithium Corp. is a privately held critical minerals exploration and development company based out of Calgary, Alberta.

Focused on exploration for lithium in Canada and on rapidly advancing its flagship
Banana Lithium Project

100% owner of over 67,000 hectares of highly prospective lithium exploration ground bordering the James Bay region of Quebec.

The company is currently raising C$25 million via a Charity Flow Through funding round and is undertaking preparatory works towards a planned listing on the ASX in mid-2026.

Capital Structure

Shares Outstanding (1)

75.9 million

Warrants

13.3 million

Total

89.2 million

(1) Common shares outstanding as of February 28, 2026

ASX Listing

Preparation Underway for ASX Listing

Targeting June 2026

ASX Engagement
Commenced

Banana Lithium Project

Technical Highlights

Technical Edge

Exceptional Grade & Continuity

79.3 m

@ 2.00% Li₂O

From Surface (ZS-24-003)

64.7 m

@ 2.14% Li₂O

(ZS-24-006)

All 29 drill holes hit mineralized LCT pegmatite

JORC COMPLIANT, INDEPENDENTLY GENERATED EXPLORATION TARGET

Tier-1 Scale Potential

190 – 275 Mt1

@ 1.2 – 1.6% Li₂O

1 Cube Consulting Pty Ltd was commissioned by WhiteRock Lithium Corp. to prepare an independent Exploration Target for the Banana Lithium Project in accordance with the JORC Code (2012). The Exploration Target includes pegmatites at the Spodumene Mountain, Isabella and Marine prospects.

The potential quantity and grade are conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource, and it is uncertain whether further exploration will result in the estimation of a Mineral Resource.

Infrastructure & Logistics

Road Access

30 km to Trans-Taiga Road

Power Supply

50 km to Laforge-Deux hydro-electric power station

Air Logistics

Direct access to regional airstrips

Click anywhere to view
Overview Map

Metallurgy

Heavy Liquid Separation (HLS) results show up to 87% Li₂O recovery to a 6.0% concentrate.

Exploration Target Breakdown

Independent Technical Review (Mt)

Spodumene Mountain Prospect 00 Mt @ 1.2-1.6% Li₂O
Isabella Prospect 00 Mt @ 1.2-1.6% Li₂O
Marine Prospect 00 Mt @ 1.2-1.6% Li₂O
Total Combined Exploration Target 00 Mt
@ 1.2 - 1.6% Li₂O1

1 Cube Consulting Pty Ltd was commissioned by WhiteRock Lithium Corp. to prepare an independent Exploration Target for the Banana Lithium Project in accordance with the JORC Code (2012). The Exploration Target includes pegmatites at the Spodumene Mountain, Isabella and Marine prospects.

The potential quantity and grade are conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource, and it is uncertain whether further exploration will result in the estimation of a Mineral Resource.

Our Team

Experienced Leadership & Governance

Board of Directors

2026: Adding Global Lithium Expertise

Jan 2026
Simon Hay

Simon Hay

Chairman & CEO

Dustin Nanos

Dustin Nanos

Director & COO

Drew Nanos

Drew Nanos

Director

Management Team

Jan 2026
Simon Hay

Simon Hay

Chairman & CEO

Dustin Nanos

Dustin Nanos

Director & COO

Sarah Busk

Sarah Busk

CFO (CPA)

Patrik Schmidt

Patrik Schmidt

VP Exploration (M. Sc., P.Geo)

Francesca Rios

Francesca Rios

Community Relations

Direct Contact

Corporate Enquiries

dustin@whiterocklithium.com

Location

Calgary, Alberta | Quebec

Privacy Policy

WhiteRock Lithium Corp. (“WhiteRock Lithium”, “we”, “us” or “our”) respects your privacy and is committed to protecting your personal information.

We may collect personal information such as your name, email address, and other contact details when you sign up to our mailing list, contact us, or interact with our website.

We use your information to:

  • Communicate with you about company news, updates, and events
  • Respond to enquiries
  • Improve our website and user experience

We do not sell or rent your personal information to third parties.

We take reasonable steps to protect your personal information from misuse, loss, or unauthorised access.

Terms and Conditions

Welcome to the WhiteRock Lithium website. By accessing and using this website, you agree to the following terms and conditions. If you do not agree with any part of these terms, please do not use the site.

Informational Purposes Only

The content on this website is provided for general information purposes only. It is not intended as financial, legal, or investment advice. Always seek independent professional advice before making any investment decisions.

Accuracy of Information

We make every effort to ensure the information on this site is accurate and up to date, but we do not guarantee its completeness or reliability. WhiteRock Lithium may update or change content at any time without notice.

No Investment Offer

Nothing on this site constitutes an offer, invitation, or recommendation to invest in WhiteRock Lithium or any other financial product.

User Obligations

  • You agree to use this site only for lawful purposes.
  • You agree not to misuse this website, including by attempting to gain unauthorised access, introducing harmful code, or engaging in any activity that could damage or impair the site.

Leadership

Management & Board

Simon

Simon Hay

Chairman & CEO

Simon Hay is a minerals industry executive with more than 30 years of management and technical experience across the global resources sector. His background spans metallurgy, project commissioning, smelting and refining, marketing of minerals, and the life cycle of large-scale mining operations across multiple commodities.

Mr. Hay previously served as Managing Director (2022–2024) and Executive Chairman (2025–2026) of Leo Lithium and was Chief Executive Officer of lithium producer Galaxy Resources (2019-2021). He currently serves as a non-executive director of two ASX listed companies, Lotus Resources and Encounter Resources.

Earlier in his career, Mr. Hay held senior roles at Iluka Resources across Western Australia and Asia, and previously worked with Mount Isa Mines, WMC Resources and BHP Billiton in metallurgy, projects and operations management.

He holds a Bachelor of Science (Honours) in Chemistry and a Master of Applied Science in Metallurgy from the University of Melbourne.

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Dustin Nanos

Dustin Nanos

Director & COO

Dustin Nanos is a capital markets–driven mining executive with a proven track record of building public companies, structuring transactions, and unlocking value through disciplined asset acquisition. As Director & COO of WhiteRock Lithium Corp., Dustin brings a strong investor-first mindset, combining technical opportunity with market execution.

He has been directly involved in global deal flow across precious metals, critical minerals, and emerging resource jurisdictions, with a focus on early-stage discovery and strategic growth. Dustin is known for assembling high-calibre technical and financial teams, maintaining tight capital discipline, and positioning companies for rerating through catalysts. His leadership emphasizes alignment with shareholders, demonstrated by meaningful insider participation.

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Drew Nanos

Drew Nanos

Director

Drew Nanos is the Director of WhiteRock Lithium Corp. and a BCom graduate from the University of Victoria, with over two decades of experience in public markets and mining sector investments. He spent 15 years managing a private investment fund focused on early-stage and venture mining companies, and brings strong expertise in capital markets.

Drew also offers solid capabilities in marketing, sales, client management, and communications, supported by a strong background in financial analysis, recordkeeping, and business operations, with advanced proficiency in trading platforms and business software.

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Sarah Busk

Sarah Busk, CPA

Chief Financial Officer (CFO)

Sarah Busk is a Chartered Professional Accountant with extensive experience in mining and energy finance across Canada and the United States. She brings a strong background in financial reporting, budgeting, treasury management, and regulatory compliance, supporting disciplined growth and operational transparency.

As Chief Financial Officer of WhiteRock Lithium, Sarah oversees financial planning and analysis, capital management, and corporate reporting, ensuring alignment with the Company’s strategic objectives. She has played a key role in exploration financing and establishing financial systems and controls to support the advancement of mining assets.

Sarah’s experience spans public accounting and industry roles, including audit leadership, financial reporting and systems, and executive-level reporting. Her focus on capital efficiency, governance readiness, and long-term financial strategy supports WhiteRock’s commitment to responsible growth as it progresses toward future development milestones.

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Patrik Schmidt

Patrik Schmidt

VP Exploration (M. Sc., P.Geo)

Patrik Schmidt is the Vice President of Exploration at WhiteRock Lithium Corp., and a geologist with an M.Sc. in Earth Sciences from the University of Tübingen, specializing in rare metals including lithium, caesium, tantalum, REE and niobium. He currently serves as a Senior Geologist with PMET Resources and was a key member of the discovery team behind the CV5 deposit at the Shaakichiuwaanaan property. With over a decade of experience, including his tenure at Dahrouge Geological Consulting, Patrik provides technical leadership for both advanced and grassroots exploration programs.

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Francesca Rios

Francesca Rios

Community Relations

Francesca Rios is a sustainability strategist and a recognized expert in Quebec’s mining ecosystem, with over ten years of experience supporting mining companies in complex territorial and northern contexts. She provides strategic advisory services in community and Indigenous relations, high-level provincial government relations, and the integration of ESG and sustainable development practices.

Within the team, Francesca supports the responsible and harmonious territorial integration of our mining project through her deep understanding of local realities and the social, economic, and political dynamics of Quebec’s mining regions. Her strong field experience and long-standing work with Indigenous and local communities contribute to building trusted relationships and long-term value for our project.

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Banana Project

Bordering James Bay Lithium District, Quebec

Discovery

The tenements were pegged in 2022 by the founders and the discovery was made in 2022 when pegmatite outcrops were discovered at what was quickly and appropriately named the “Spodumene Mountain” prospect.

Subsequently, further nearby pegmatite outcrops were revealed at other prospects across an area of 2.5 km by 1.5 km.

2023 Channel sampling

Channel sampling was conducted in 2023 and confirmed high grade spodumene mineralization in the outcrops. 3 separate channels were cut, totaling 63 metres in length.

The highest results encountered were 5.02% Li₂O over 1 m and 857 ppm Ta₂O₅ over 1 m. Full channel results are shown in the link here. View full channel results

2024 drilling campaign

The first drilling campaign was conducted in the summer of 2024 with 29 diamond drill holes for 8447 m in total.

LCT pegmatite was present in all 29 holes with multiple stacked pegmatites found, shallow-dipping to the east at 20-30°. The discovery is open down dip and along strike, to the east, south and west. View 2024 drilling results

2025 further work

Mineralogy and metallurgy test work was undertaken on core samples from the 2024 drilling campaign. 10 core samples from Spodumene Mountain and Isabella prospects, each of 10 metres in length were quarter cut and crushed and assessed using XRD and HLS techniques. Highlights of XRD testing include:

  • • relatively clean spodumene
  • • lithium present predominantly in spodumene with no lepidolite observed
  • • low level iron contamination, relative to other spodumene deposits

HLS metallurgy tests were conducted to produce spodumene concentrate (SC) at 2 different grades, SC 6.0 and SC 5.5. Exceptional recoveries of 60-87% for a first stage testwork program. In general, coarse grained spodumene was observed, which aligns with the HLS recoveries.

Banana Lithium Project

Technical Highlights

An Overview

1. Scale

Exploration target: 190 – 275 Mt @ 1.2 – 1.6 % Li₂O (IGR Jul-2025)

Tier-1 scale corridor: Independent Cube Consulting geology consultants estimate a 190-275 Mt @ 1.2–1.6% Li₂O exploration target across Spodumene Mountain, Isabella and Marine.

Significant potential to identify additional pegmatite clusters.

High-grade lithium-bearing pegmatites mapped across a 3.75 km² corridor — open along strike and down dip.

2. Grade

Multiple, wide intervals around 2% Li₂O near surface with these highlights.

64.7 m @ 2.14% Li₂O from 43 m (ZS-24-006)

79.3 m @ 2.00% Li₂O from surface/collared in pegmatite (ZS-24-003)

60.4 m @ 1.86% Li₂O from 78 m (ZI-24-017)

3. Metallurgy

DMS-only flowsheet potential with high Li recovery

Heavy Liquid Separation (¼‑inch grind).

Up to 87% Li₂O recovery to 6.0% concentrate.

DMS-only flowsheet supported by current HLS tests. Low Fe₂O₃.

Coarse‑grained spodumene observed throughout Spodumene Mountain.

Estimated range of potential mineralisation in accordance with the JORC Code (2012).

The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource, and it is uncertain if further exploration will result in the estimation of a Mineral Resource.

De-risked jurisdiction & infrastructure

~30 km to Trans-Taiga Road
Access to airstrips
50 km to Laforge-Deux hydro electric power station
Proximity to the James Bay lithium Hub

Experienced team

Discovery track record in the district (incl. CV5)
Partnership building in Québec lithium mining eco-system
Development and operational experience across multiple major lithium projects
Deep experience and contacts across the lithium industry including downstream
2024 Drill Location Map

Strategic Location

"Bordering the James Bay Lithium Hub, highlighting the 2024 drilling targets."

Cross Sections

Spodumene Mountain & Isabella

Spodumene Cross Section
Spodumene Mountain
ZS-24-003 79.3m @ 2.00% Li₂O
ZS-24-006 64.7m @ 2.14% Li₂O
ZS-24-004 21.9m @ 1.99% Li₂O

View Full Diagram Behind

Section A-A'
Isabella Cross Section
Isabella Prospect
ZI-24-017 60.4m @ 1.86% Li₂O
ZI-24-012 23.4m @ 1.85% Li₂O
ZI-24-014 19.4m @ 1.70% Li₂O

View Full Diagram Behind

Section A-A'

Project Timeline

From Discovery to Drilling

2022

Claim Staking

Strategic consolidation of land package. WhiteRock staked mineral claims covering the entirety of the Banana Project area.

August 2023

Reconnaissance & Discovery

  • Discovery of the Spodumene Mountain pegmatite.
  • Surface samples returned up to 6.43% Li₂O.
October 2023

Follow-up Mapping

Channel 1

Up to 4.48% Li₂O

Channel 2

Up to 5.02% Li₂O

Early 2024

New Prospects Identified

Isabella Prospect Up to 7.44% Li₂O.
Marine Prospect Up to 6.43% Li₂O.
Jun – Sept 2024

Inaugural Drilling Program

Exploration Success Confirmed

  • 29 NQ drill holes
  • Totaling 7,844.7 m
  • 100% Hit Rate

New LCT Showings

Marine Ext. Michael Roloh

Project Gallery

Banana Exploration

1 / 3

News Releases

Latest Corporate Updates

Presentations

Technical Reports & Investor Decks

Corporate Overview

WhiteRock Lithium Corporate Presentation

Download our latest corporate deck for a comprehensive overview of the Banana Lithium Project and our strategic roadmap.

In the News

Media Coverage & Interviews

Coming Soon

A collection of media appearances, articles, and interviews regarding WhiteRock Lithium Corp. is being curated.