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Bullboard - Stock Discussion Forum Patriot Battery Metals Inc T.PMET

Alternate Symbol(s):  PMETF

Metals & Mining Industrial Metals & Minerals
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 > Question on economic viability?
View:
Post by deepoil0808 on Jan 22, 2024 9:36am

Question on economic viability?

Question:

Why does PMET say this in yellow?

The CV5 mineral resource estimate (109.2 Mt at 1.42% Li2O and 160 ppm Ta2O5 inferred) is reported at a cut-off grade of 0.40% Li2O with effective date of June 25, 2023 (through drill hole CV23-190). Mineral resources are not mineral reserves as they do not have demonstrated economic viability.
Comment by BSdetector2016 on Jan 22, 2024 9:51am
Because they have to.  
Comment by Chefboy69 on Jan 22, 2024 10:14am
give up...I won
Comment by Reggie1 on Jan 23, 2024 4:04am
What are you looking for a blue star? Or a hug from Mom? 
Comment by GripnRip on Jan 22, 2024 10:45am
So it doesn't turn into Rubicon 2.0 Have to carpet drill Resources to  see if qualify as Reserves. Reserves are higher level of confidence ie drilled on 50 foot spacing instead of 500 foot spacing. Is the ore body continious ? 
Patriot Battery Metals Inc