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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

Post by Betteryear2on May 01, 2023 7:22pm
109 Views
Post# 35423957

Patriot Extends Strike Length

Patriot Extends Strike Length

VANCOUVER, British Columbia and SYDNEY, Australia, May 01, 2023 (GLOBE NEWSWIRE) --

Highlights

  • Extension of the CV5 spodumene pegmatite westwardly by 550 m.
    • The CV5 spodumene pegmatite has now been traced continuously by drilling (at ~50 - 150 m spacing) over a lateral distance of at least 3.7 km and remains open along strike at both ends and to depth along most of its length.
    • These are the first drill holes completed to test a westward extension of the CV5 Pegmatite since summer of 2022, when spodumene pegmatite was confirmed to extend from the CV5 outcrop to the CV6 outcrop.
  • The 2023 winter drill program has exceeded the total metres completed in the 2022 drill program with a total of eighty-nine (89) drill holes (~32,367 m) completed.
  • Core sample assay results for sixty-seven (67) drill holes from the 2023 winter drill program remain to be reported.
  • Validation and refinement of the geological model for the CV5 Pegmatite is in the advanced stages and will be followed by block modelling of final analytical data ahead of an initial mineral resource estimate.
  • Summer-fall drill program to commence in late May at the CV5 and CV13 pegmatites.

Blair Way, Company President and CEO, comments: “Our winter drill program at the CV5 Pegmatite has been a remarkable success. We have extended the spodumene mineralized pegmatite an additional 1.5 km over the course of the program for a current continuous strike length, which remains open at both ends, of 3.7 km. We are now undergoing final preparation for our summer-fall surface and drill exploration programs as we await final core sample assays from the recent drilling and move closer to an initial mineral resource estimate at CV5.”

Patriot Extends Strike Length of the CV5 Pegmatite to 3.7 (globenewswire.com)

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