Patriot Battery Metals Inc Stock Price, News & Analysis

PMET Resources (OTCQX:PMETF) released a lithium-only Feasibility Study for the Shaakichiuwaanaan CV5 pegmatite in Eeyou Istchee, Quebec.

Key outcomes: Maiden Mineral Reserve of 84.3 Mt at 1.26% Li2O Probable (≈2.62 Mt LCE); nameplate ~800,000 tpa SC5.5 spodumene concentrate production for ~20 years; after-tax NPV8% ≈US$1.19B and IRR ≈18.1% at long-term price US$1,221/t; total development capital ≈CA$1,978M (≈CA$1,510M net of anticipated pre-production credits); competitive AISC ≈US$597/t. FID targeted in H2 2027; NI 43-101 technical report to be filed within 45 days.

PMETF (OTCQX: PMETF) announced bench-scale XRT ore‑sorting testwork at the CV13 pegmatite produced a marketable pollucite concentrate grading 11.9% Cs2O at 88% global recovery, comprised of two fractions: 20.0% Cs2O (12.5–25 mm) and 11.5% Cs2O (>25 mm). The reject streams remain coarse and contain recoverable spodumene (Li) and tantalite (Ta), enabling potential downstream DMS and gravity recovery.

Rigel + Vega at CV13 are reported as the largest known pollucite-hosted caesium pegmatite MRE: Indicated 693,000 t @ 4.40% Cs2O; Inferred 1,698,000 t @ 2.40% Cs2O. Next steps include larger-core testwork, XRT software optimization, spodumene/tantalite recovery trials, and evaluating caesium as a potential by/co-product.

PMET Resources (OTCQX: PMETF) has successfully produced marketable tantalite concentrates from the CV5 Deposit at Shaakichiuwaanaan Project, achieving 8.7% Ta2O5 at 45% global recovery (MC001) and 6.6% Ta2O5 at 49% global recovery (MC002) through bench-scale testwork.

The project hosts one of the largest tantalum pegmatite resources globally, with Indicated resources of 108.0 Mt at 166 ppm Ta2O5 and Inferred resources of 33.4 Mt at 155 ppm Ta2O5. The company plans to recover tantalum as a by-product from DMS waste streams using conventional methods, similar to other global lithium pegmatite operations.

A lithium-focused Feasibility Study for CV5 is expected to be released in 4-6 weeks, with a planned production capacity of up to 800ktpa of spodumene concentrate.

Patriot Battery Metals (TSX: PMET) held its Annual General Shareholder Meeting on September 16, 2025, in Montreal, where all proposed matters were approved by shareholders. The meeting saw participation representing 74,356,445 common shares, approximately 45.800% of the total issued and outstanding shares.

The meeting addressed matters outlined in the Company's Notice and Information Circular dated July 21, 2025. Detailed voting results, including director elections, have been filed on SEDAR+ and reported as required under ASX Listing Rule 3.13.2.

Patriot Battery Metals (TSX: PMET) has announced its corporate rebranding to PMET Resources Inc., reflecting its evolution as a diversified global critical minerals company. The company will retain its existing trading symbols on the Toronto Stock Exchange (PMET) and Australian Securities Exchange (PMT).

The rebranding aligns with the development of the Shaakichiuwaanaan Project in Canada, which is nearing completion of its Feasibility Study. The company's tagline will change from "North America's lithium powerhouse" to "North America's critical-mineral powerhouse," highlighting the project's diverse mineral portfolio including lithium, tantalum, caesium, and gallium.

The name change will take effect on September 18, 2025 on the Toronto Stock Exchange and September 19, 2025 on the ASX. The new CUSIP and ISIN numbers will be 73015G104 and CA73015G1046, respectively, with no impact on existing securities or requirement for shareholder action.

Patriot Battery Metals (OTCQX: PMETF) has reached a significant milestone in the permitting process for its Shaakichiuwaanaan Lithium Project in Quebec. The Impact Assessment Agency of Canada (IAAC) has completed the planning phase of the Federal environmental assessment process, publishing Tailored Impact Statement Guidelines and a detailed Permitting Plan.

The Federal process will run parallel with the ongoing Provincial environmental assessment, with the Provincial ESIA submission targeted for late 2025. The project is supported by three years of environmental baseline data and community consultations. The CV5 Spodumene Pegmatite, the project's main component, is accessible year-round and located 14 km from a major hydroelectric powerline.

Patriot Battery Metals (OTCQX:PMETF) has filed a NI 43-101 Technical Report for its Shaakichiuwaanaan Project in Quebec's James Bay Region. The report, prepared by independent consultants BBA Inc. and Primero Group Americas Inc., covers the updated Mineral Resource Estimate (MRE) for the CV5 and CV13 LCT Pegmatites, including the Rigel and Vega caesium zones.

The company clarified two significant MRE updates in 2025: A May update focused on CV5 and CV13 spodumene pegmatites, and a July update revealing the world's largest known pollucite-hosted caesium pegmatite Mineral Resource at the Rigel and Vega zones. While the May update wasn't considered a "material change," the July discovery triggered the requirement for this Technical Report filing.

Patriot Battery Metals (OTCQX: PMETF) has appointed Mrs. Aline Côté as an independent director to its board, effective immediately. Mrs. Côté brings 27 years of international mining experience to the company, having held senior positions at notable companies including Noranda Inc., Xstrata plc, and Glencore International AG.

As Glencore's first female Industrial Lead, she headed the company's global Zinc and Lead industrial assets. Mrs. Côté holds a B.Sc. in Geology, an MBA from the Université du Québec, and completed postgraduate training at Laurentian University. Her appointment strengthens Patriot's board with deep operational expertise and strategic leadership in managing large-scale mining operations.

Patriot Battery Metals (OTCQX: PMETF) has announced an upcoming investor webinar to discuss their maiden Mineral Resource Estimate (MRE) for caesium at the Rigel and Vega zones of their wholly-owned Shaakichiuwaanaan Property in Quebec.

The webinar, hosted by CEO Ken Brinsden, is scheduled for July 21, 2025, at 8:00 PM EDT (July 22, 8:00 AM AWST/10:00 AM AEST). The session will cover the significance of the caesium discovery and provide updates on the lithium-only Definitive Feasibility Study for CV5 Shaakichiuwaanaan and other milestones.

Investors can participate in a live Q&A session during the webinar, with the option to submit questions in advance. A recording will be made available through Patriot's website and social media platforms for North American investors.