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Bullboard - Stock Discussion Forum 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... see more

TSX:PMET - Post Discussion

Patriot Battery Metals Inc > Confirms Wide Zones of Pegmatite Over a 1.4 km Strike Length
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Post by MightyPoPo on Apr 28, 2022 9:16am

Confirms Wide Zones of Pegmatite Over a 1.4 km Strike Length

Highlights

  • Final geological logging of the winter 2022 drill program has identified spodumene mineralization over varying intervals in each1 drill hole completed
  • Wide intervals of continuous pegmatite intersected in multiple drill holes (<2 m to 135.7 m) with the main pegmatite body interpreted to be widening with depth
  • Spodumene pegmatite has been logged as far down as approximately 265 m vertical depth (CV22-034), with the hole ending in spodumene pegmatite 
  • The logging of the winter program drill core (4,345 m over 20 holes) has informed the planning of an approximate 15,000 m summer/fall drill program starting in early June 2022, which has been increased to three (3) drill rigs, with objectives to: 
    • Infill drill the current approximately 1,400 m strike, which has now been tested at approximately 100 m spacing 
    • Drill step outs along strike at both ends and to depth, all of which the pegmatite remains open
    • Explore further and drill test other spodumene pegmatite outcrops identified on the Property
  •  
Comment by MightyPoPo on Apr 28, 2022 1:49pm
This update has clearly got the attention of the market..just hit $2.23. For comparable, if you value this at same market cap as Frontier, looking at around $7.00 per share...who knows, we may hit $3.00 by end of next week.