DeepRock Minerals Signs Agreement to Acquire Land Package Near Sigma Lithium in Brazil

Vancouver, BC / February 09, 2023 – DeepRock Minerals Inc. (the “Company”) (CSE: “DEEP”), is pleased to announce it has entered into an option agreement to acquire a 100% interest in the Esperança Lithium Property (the “Property”) with BHBC EXPLORAÇÃO MINERAL LTDA. and RTB GEOLOGIA E MINERAÇÃO LTDA, both limited companies incorporated and existing under the laws of Brazil (together the “Optionor”). The Esperança Lithium Property is a 2,969.15-hectare mineral claim package comprising 1.5 contiguous claim blocks in Brazil’s Minas Gerais State, a mining-friendly jurisdiction located approximately 40 kms west of Sigma Lithium’s Grota do Cirilo property, the largest lithium hard rock deposit in the Americas.