Welcome to our dedicated page for PMET Resources news (Ticker: PMETF), a resource for investors and traders seeking the latest updates and insights on PMET Resources stock.
PMET Resources Inc. reports developments tied to the Shaakichiuwaanaan CV5 Lithium Project and related critical-minerals work in lithium, caesium and tantalum. Company news commonly covers drill results from pegmatite zones including CV5, CV13, Vega, Rigel and Helios; feasibility and geological-model updates; and metallurgical test work for spodumene concentrate using dense media separation.
Recurring updates also include permitting and environmental assessment activity for Shaakichiuwaanaan, engagement around caesium chemical processing pathways, strategic investor share issuances and other corporate matters connected to project development and financing.
Patriot Battery Metals Inc. (TSXV: PMET, OTCQB: PMETF) announces the appointment of Brian Jennings, CPA, CA, as a Director and Chairman of the Audit Committee, effective immediately. Jennings brings 30 years of experience in financial management and corporate restructuring, currently serving as CFO of Generation Mining Limited. The company also thanks long-term Director Adrian Lamoureux for his contributions as he resigns. Additionally, 500,000 incentive stock options were granted to Jennings at an exercise price of $2.58 per share for three years.
Patriot Battery Metals Inc. has received final approval from the TSX Venture Exchange for the listing of its common shares under the symbol PMET, effective July 14, 2022. As a result, the shares will be delisted from the Canadian Securities Exchange after market close on July 13, 2022. The company is dedicated to mineral exploration focused on battery, base, and precious metals, notably lithium and gold. Key assets include the Corvette Property in Quebec and the Freeman Creek Gold Property in Idaho, showcasing significant mineral potential.
Patriot Battery Metals Inc. has secured conditional approval to list its common shares on the TSX Venture Exchange (TSXV), continuing to trade under the symbol PMET. The final listing is subject to meeting specific conditions set by the TSXV. The company's flagship asset, the Corvette Property, shows substantial lithium potential, with drill intercepts of up to 2.22% Li2O. Additionally, the company owns the Freeman Creek Gold Property in Idaho and other lithium and gold properties, positioning itself as a prominent player in battery and precious metals.
Patriot Battery Metals has begun the summer/fall 2022 drill campaign at its Corvette Property in Quebec, utilizing two rigs and completing nine holes over 3,110 meters. All drill holes have intersected spodumene-bearing pegmatite, extending the main pegmatite body an additional 300 meters for a total strike length of approximately 1.7 km. A third drill rig is expected in July. Recent surface work has revealed new spodumene-bearing outcrops, indicating the potential for additional discoveries. The company anticipates lithium assay results in August.
Patriot Battery Metals announced promising results from the winter 2022 drilling program at its Corvette Property in Quebec. Key highlights include:
- Best lithium intercept of 1.22% Li2O over 152.8 m in hole CV22-030.
- Drilling confirmed the presence of lithium mineralized pegmatite across a 1.4 km strike length.
- Summer/fall drilling phase has commenced with over 2,200 m drilled so far.
The results indicate significant potential for further lithium discoveries, supporting the company's growth strategy.
Patriot Battery Metals Inc. (CSE: PMET) (OTCQB: PMETF) announced strong assay results from 10 drill holes at its Corvette Property in Quebec. Key findings reveal lithium grades of up to 2.90% Li2O and tantalum grades reaching 384 ppm Ta2O5 over significant widths. Notably, grades are reportedly increasing to the east. The summer/fall drilling phase has commenced, with plans for 15,000 meters of drilling to delineate mineral resources. The strong mineralization is expected to support a mineral resource estimate by fall 2022.
Patriot Battery Metals Inc. has released initial results from its Corvette Property, confirming spodumene as the primary lithium-bearing mineral. The samples from drill holes CF21-001, 002, 004, and 014 show that spodumene accounts for 86-99% of lithium deportment in samples with grades >0.4% Li2O. The company has initiated a preliminary metallurgical program at SGS Canada using 225 kg of drill core samples, aiming to produce a spodumene concentrate with >6% Li2O. The findings support the significant lithium potential at the Corvette Property.
Patriot Battery Metals Inc. has re-mobilized field crews to the Corvette Property to initiate the summer-fall phase of its 2022 drill campaign. The primary focus is to delineate the spodumene pegmatite body in the CV5-1 Corridor, while secondary objectives target other lithium pegmatite occurrences. Previous drilling has shown significant results, with intercepts of 3.01% Li2O over 40.7 m. The upcoming phase aims to complete at least 15,000 m of drilling, supported by the addition of a third drill rig and continued surface exploration starting mid-June.
Patriot Battery Metals (CSE: PMET, OTCQB: PMETF) announced promising drilling results from its CV22-017 hole at the Corvette Property. The hole revealed 3.01% Li2O over 40.7 m within a broader zone of 2.22% Li2O over 70.1 m. Notably, nine samples assayed above 4% Li2O, peaking at 6.35% Li2O over 0.92 m. This drilling confirms the sizeable lithium potential of the CV5-1 Pegmatite corridor, with plans for further exploration and drilling set for June.
Patriot Battery Metals Inc. (CSE: PMET, OTCQB: PMETF) announced strong results from four drill holes at its Corvette Property in Quebec. The assays confirm significant lithium and tantalum mineralization, with notable grades including 1.17% Li2O over 33.8 m and 0.91% Li2O over 29.0 m. The mineralization extends 900 m along trend and down to at least 155 m depth, remaining open for further exploration. A total of 16 additional drill hole assays are pending, and a 15,000 m summer drilling program is set to commence, bolstered by the addition of a third drill rig.