Peloton Clarifies Certain Assay Results.

Core Viewpoint - Peloton Minerals Corporation issued a clarification regarding previously reported assay results, correcting an error in the identification of cesium and cerium assays [1][2]. Group 1: Assay Results Clarification - The company identified that the cesium (Cs) assays reported were actually cerium (Ce) assays, with cesium values ranging from 1 part per million (ppm) to 70 ppm, averaging 16.7 ppm across four drill holes [2]. - The rubidium (Rb) and lithium (Li) values reported in the original release were correct and remain unchanged [3]. Group 2: Disclosure Procedures - The company has reviewed its disclosure procedures and plans to implement additional verification steps to ensure consistency between laboratory analytical reports and public disclosures [4]. Group 3: Company Overview - Peloton Minerals Corporation is a reporting issuer in good standing in British Columbia and Ontario, with common shares listed on the CSE (Symbol: PMC) and trading on the OTC QB (Symbol: PMCCF) [5]. - The company has 152,567,062 common shares issued and outstanding [5]. - Peloton's exploration portfolio includes the North Elko Lithium Project, which is prospective for lithium, uranium, critical and rare earth minerals, as well as gold projects in northeastern Nevada and a non-controlling interest in a copper porphyry project near Butte, Montana [6].