Mr. Jeffrey Cocks reports

CARSON RIVER REPORTS RESULTS FROM THE CHUCKER PROJECT

Carson River Ventures Corp. has released results from the Chucker project's exploration programs. The Chucker project is located in the Silver Star mining district, within Mineral county, Nevada, in the Walker Lane gold trend.

Initial prospecting of the Chucker project by the company returned up to 16.9 grams per tonne gold from old workings (shaft). Samples were collected from outcrops, trenches, old workings and mine dumps. These samples focused on mineralized shear zones and associated quartz veins. Significant results are detailed in the attached table.

The sampling and mapping were conducted to extend historical rock chip sampling by previous lease holders. The exploration program consisted of ground-based geophysical surveying, reconnaissance prospecting, geological mapping, surface trenching, sampling and relocating historical workings. The results are being compiled for further evaluation.

The company has paid the Jan. 20, 2021, and 2022 property lease payments, and the property vendor (MSM Resource LLC) has agreed to defer the Jan. 20, 2023, option payment to 2024.

The Chucker project is located 60 miles southeast of Hawthorne, Nev., or five miles southwest of Marietta, Nev., easily accessible by state and secondary roads with year-round access. The project covers numerous prospect pits and past-producing small-scale high-grade gold mines. Several altered and mineralized shear zones with metal-rich quartz veins are exposed on the surface.

Finally, the company also announces that it has terminated the share purchase agreement previously announced in the company's news release dated Nov. 7, 2022, to acquire Novo Lithium Argentina SRL. The company and the shareholders of Novo were unable to complete certain closing conditions of the Novo agreement, including the transfer of the equity ownership of Novo to the company. In exchange for the mutual agreement to terminate the Novo agreement, the shareholders of Novo agreed to return for cancellation the four million common shares that were previously issued to the shareholders of Novo on entering into the Novo agreement.

The scientific and technical content and interpretations contained in this news release have been reviewed, verified and approved by E. Gauthier, geol., Eng. (OIQ), a consultant of the company, an independent qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

We seek Safe Harbor.