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Patriot Battery Metals Inc T.PMET

Alternate Symbol(s):  PMETF

Patriot Battery Metals Inc. is a Canada-based hard-rock lithium exploration company focused on advancing its district-scale 100%-owned Corvette Property (424 claims totaling 21,715 ha) located in the Eeyou Istchee James Bay region of Quebec, Canada. The Corvette Property hosts the CV5 Spodumene Pegmatite. Situated within the La Grande Greenstone Belt, the Corvette Property hosts significant mineral potential over multiple deposit types. It owns 100% of a 217 km2 Corvette Property land package, covering approximately 50 km of prospective lithium pegmatite trend. Exploration of the Property has outlined three primary mineral exploration trends, crossing dominantly east-west over large portions of the Property's principal claim group: Golden Trend (gold), Maven Trend (copper, gold, silver), and CV Trend (Li-Cs-Ta Pegmatite). It also owns JBN-57 Property (39 claims, 19.95 km2, which is located nine kms south of the Trans-Taiga Road. The Property is adjacent to Patriot's Corvette Project.


TSX:PMET - Post by User

Bullboard Posts
Post by Miramichiteon Dec 01, 2016 2:45pm
85 Views
Post# 25542160

TONNAGE

TONNAGEUsing COFF3E 's calculation from Nov 16 --------------------------------------------------------------------------------------------- November 16, 2016 - 07:42 PM 163 Reads Post# 25472321 Calculated SP to be over $1? its been a while since I played with math.. brings back memories of being in school. Note that these are approximations and values are being assumed (but could be good ballpark values) - - - 2240m (length of 4 dykes combined) X 5m (5m at surface) X 50m (50m deep) = 560 000m^3 Density of rock = 2.65g/cm^3 = 2650 kg/m^3 (not sure what kind of specific rock but it seems like a good average) 560 000 m^3 x (2650kg/m^3) = 1 484 000 000kg of rock 1 484 000 000kg = 1 484 000tonnes ------------------------------------------------------------------------------------------------ The NR of Nov 29 suggests dykes D12 & HL-6 may be contiguous for an overall length of 1800 meters. That's an added 1500 meters length plus newly discovered HL-8 is probably at least 300 meters for a total of 1800 more meters to his tonnage calculation. Coff3e uses 50 meters for depth whereas historical data indicates depths to 150 meters. Being a bit more optimistic and allowing for a dyke width of say 8 meters at depth we substitute as follows------------------------------------------------------------------------ 2240 +1500 +300 = 4040m length x 8m wdth x 150m dpth = 4848000 M^3 x 2650kg/m^3 = 12847200000 kg or 12.8 Million Tonnes. ............... If we assume a dyke width of 10 m that boosts the tonnage to 16 million tonnes. ........ Fun speculating , but it's a very real possibility that we have a mine on our hands ....... Delineation drilling will be exciting .
Bullboard Posts