Pele Mountain Resources is focused on the sustainable development of its Eco Ridge property in Elliot Lake, Ontario. The Eco Ridge property has unique characteristics that make it an attractive development site, including excellent regional infrastructure, strong local support, and its strategic location within Canada's only historic rare earth mining camp. Pele is focused on advancing Eco Ridge as host to Canada's first rare earth processing centre and is also assessing the potential to develop a large-scale solar power station and energy storage projects in Northern Ontario. The NI 43-101 mineral resources at Eco Ridge also provide Pele shareholders with exposure and leverage to growing global demand for rare earths and uranium.