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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 16, 2023 7:41pm
195 Views
Post# 35451418

Patriot Drills

Patriot Drills

Highlights

  • Additional high-grade Zone discovered, marking interpreted western extension of the Nova Zone – drill holes CV23-130, 132, 134, and 138:
    • 122.6 m at 1.89% Li2(126.0 m to 248.5 m), including 8.1 m at 5.01% Li2(CV23-138).
    • 130.3 m at 1.56% Li2(164.0 m to 294.3 m), including 52.7 m at 2.45% Li2(CV23-132).
    • 101.3 m at 1.44% Li2(123.3 m to 224.6 m), including 28.1 m at 3.00% Li2(CV23-134).
    • 101.2 m at 1.08% Li2(145.5 m to 246.7 m), including 10.1 m at 2.42% Li2O and 4.0 m at 4.13% Li2(CV23-130).
  • Other significant intercepts
    • 101.2 m at 1.59% Li2(240.3 m to 341.5 m), including 28.5 m at 4.14% Li2or 8.8 m of 5.20% Li2(CV23-141).
    • 56.3 m at 2.34% Li2(251.4 m to 307.6 m), including 11.1 m at 4.06% Li2(CV23-114).
    • 57.7 m at 1.46% Li2(182.0 m to 239.7 m), including 13.3 m at 2.65% Li2(CV23-168A).
    • 43.5 m at 1.80% Li2(239.5 m to 283.0 m), and 24.0 m at 2.04% Li2(372.9 m to 396.9 m) (CV23-127).
  • A continuous 93 m interval of dominantly spodumene-bearing pegmatite in most westerly drill hole completed to date at the CV5 Pegmatite – CV23-184 (assays pending).
  • A continuous 139 m interval of dominantly spodumene-bearing pegmatite in final drill hole of the 2023 winter program at the CV5 Pegmatite – CV23-190 (assays pending).
  • Core sample assay results for 27 drill holes completed during the 2023 winter drill program remain to be reported.
     

Blair Way, Company President and CEO, comments: “The drill bit continues to deliver for us as confirmed by the strong grades and wide widths of mineralized pegmatite reported herein. With our last hole providing the longest pegmatite intersection of the winter drill program (139 m), we are certainly primed for continued success as we approach the beginning of our summer-fall drill program, scheduled to commence later this month. With core sample assays for numerous drill holes remaining to be received, the Company’s geological team is steadfast focused on final validation of the CV5 Pegmatite’s geological model, inclusive of all drill holes completed to date, ahead of an initial mineral resource estimate.”

VANCOUVER, British Columbia and SYDNEY, Australia, May 16, 2023 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX-V: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce core assays for the next series of drill holes completed as part of the 2023 winter drill program, which recently concluded, at its wholly owned Corvette Property (the “Property”), located in the Eeyou Istchee James Bay region of Quebec. The winter phase of the 2023 drill campaign was focused on the CV5 Pegmatite, located approximately 13.5 km south of the regional and all-weather Trans-Taiga Road and powerline infrastructure.

Patriot Drills 122.6 m at 1.89% LiO, including 8.1 m at (globenewswire.com)

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