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Patriot Battery Metals Inc. - PMETF STOCK NEWS

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Patriot Battery Metals Inc. is a hard-rock lithium exploration company focusing on advancing its Corvette Property in Quebec, Canada. The company recently announced core assay results for drill holes completed in 2024 and an acquisition to expand its land position. With a maiden mineral resource estimate of 109.2 Mt at 1.42% Li2O inferred, the CV5 Spodumene Pegmatite is central to their operations. The company's winter drill programs unearthed a new high-grade zone at the CV13 Spodumene Pegmatite, known as the Vega Zone, and core assay results indicate impressive lithium grades and continuity in the area. Patriot Battery Metals remains committed to further exploration and resource expansion throughout the Corvette Project.

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Patriot Battery Metals Inc. expands its land position at the Corvette Property through the acquisition of a proximal claim block from Azimut Exploration Inc. The acquisition includes 39 claims located in Quebec, enhancing the company's exploration potential for lithium, cesium, and tantalum. The deal involves a cash payment of $500,000, issuance of 150,000 common shares to Azimut, and a 2% net smelter returns royalty interest. The completion is pending TSX approval.

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Patriot Battery Metals Inc. reports strong lithium mineralization results from CV5 at Corvette, with wide intervals and high Li2O grades. The 2024 winter drill program aimed to upgrade mineral resource confidence from inferred to indicated category. An updated mineral resource estimate is scheduled for Q3 2024.

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Patriot Battery Metals Inc. announces strong assay results from the final 2023 drill hole program at the CV5 Spodumene Pegmatite in the Eeyou Istchee James Bay region of Quebec. The results show high-grade intercepts, extended strike length, and potential resource growth. The Company plans to release an updated Mineral Resource Estimate (MRE) in Q3 2024 to upgrade the resource category at CV5 and include a maiden resource at CV13.
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Patriot Battery Metals Inc. achieves a key permitting milestone for its Corvette Project with the receipt of guidelines from the Ministry. The guidelines outline the scope and nature of the impact study required for the Project, advancing the approvals process. The Company anticipates submitting the complete ESIA to the Ministry in late CY25. The Corvette Project, a potential hard rock spodumene mining operation, boasts a significant lithium pegmatite resource, positioning it as one of the largest in the Americas and the world. Patriot is well-funded and actively conducting drilling and exploration campaigns to further assess the project's potential.
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Patriot Battery Metals Inc. announces strong core assay results for CV13 and CV9 pegmatites, highlighting significant mineralization and tonnage potential. The company plans an updated mineral resource estimate for the Corvette Project in Q3 2024.
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Patriot Battery Metals Inc. announces positive results from its 2023 surface exploration campaign at the Corvette Property, revealing the discovery of a new spodumene pegmatite occurrence (CV14) and significant mineralized pegmatite boulders. The exploration program highlighted the extensive nature of the spodumene mineralized system along the CV Lithium Trend, with strong potential for additional discoveries at Corvette.
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Patriot Battery Metals Inc. announces the change of auditor from Manning Elliott LLP to PricewaterhouseCoopers LLP. The Former Auditor resigned, and the Successor Auditor was appointed effective February 26, 2024, with no modifications of opinion in the Former Auditor's reports for the past two fiscal years.
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Patriot Battery Metals Inc. announces positive drill results at CV13 Spodumene Pegmatite and infrastructure developments at Corvette Property. The company continues to intersect spodumene with high Li2O grades, expanding the mineralized pegmatite along strike and downdip. The ongoing winter drill program aims to delineate the pegmatite bodies further. An updated mineral resource estimate for the project is planned for Q3 2024.
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Patriot Battery Metals Inc. announces additional drill results from the 2023 program at the CV5 Spodumene Pegmatite at the Corvette Property. The CV5 Spodumene Pegmatite has been traced over a 4.4 km strike length, with strong grades continuing to be returned over the western extension and outside of the June 2023 mineral resource estimate. Infill and further step-out drilling is planned, with approximately 3 km of highly prospective geological trend remaining to be drill tested between the CV5 and CV13 pegmatites.
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Patriot Battery Metals Inc. reports positive drill results from the 2023 program completed at the CV13 Spodumene Pegmatite at the Corvette Property in Quebec. The results include high-grade lithium oxide intersections, extending the higher-grade zone, and plans for additional step-out drilling as part of the 2024 winter program. The company's ticker symbol is PMETF on the TSX, ASX, OTCQX, and FSE.
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FAQ

What is Patriot Battery Metals Inc. focused on?

Patriot Battery Metals Inc. is primarily focused on hard-rock lithium exploration, with a key interest in advancing its Corvette Property in Quebec, Canada.

What recent announcement did Patriot Battery Metals Inc. make regarding their operations?

The company recently announced core assay results for drill holes completed in 2024 and an acquisition to expand its land position adjacent to the Corvette Property.

What is significant about the CV5 Spodumene Pegmatite?

The CV5 Spodumene Pegmatite, with a maiden mineral resource estimate of 109.2 Mt at 1.42% Li2O inferred, plays a central role in Patriot Battery Metals Inc.'s operations.

What new discoveries were made during the winter drill program?

The winter drill programs at the CV13 Spodumene Pegmatite uncovered a new high-grade zone known as the Vega Zone, demonstrating impressive lithium grades and continuity.

What is Patriot Battery Metals Inc.'s commitment moving forward?

The company remains dedicated to further exploration and resource expansion at the Corvette Project, focusing on the recently discovered high-grade Vega Zone at the CV13 Spodumene Pegmatite.

Patriot Battery Metals Inc.

OTC:PMETF

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539.31M
129.91M
2.52%
3.43%
Crushed and Broken Limestone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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