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Rhea-AI Summary
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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-1.03%
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Rhea-AI Summary
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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End-of-Day
8.2%
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Rhea-AI Summary
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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-7.1%
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Patriot Battery Metals Inc. has received final approval from the Toronto Stock Exchange to list its common shares, effective February 1, 2024. The company aims to access institutional capital, enhance trading liquidity, and increase visibility as an issuer on a senior exchange. The Common Shares will trade under the symbol 'PMET'.
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-2.62%
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Rhea-AI Summary
Patriot Battery Metals Inc. announces a transition in its executive team, with Ken Brinsden becoming the new CEO/President/Managing Director and Pierre Boivin stepping into the role of Non-Executive Chair. The changes aim to increase the company's senior leadership presence in Quebec as the Corvette Project enters the development phase. The company also plans to further bolster its Quebec presence to support the project's development. The Board of Directors has unanimously agreed to these revisions to support the rapid progress of the Corvette Project, which has demonstrated a significant scale in the North American lithium raw materials and chemicals supply chain.
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14.48%
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Rhea-AI Summary
Patriot Battery Metals Inc. has commenced the 2024 winter drill campaign at its Corvette Property in Quebec, targeting a minimum of 45,000 m over the January to April period. The company plans to use at least ten drill rigs, making it among the largest lithium drill programs in Quebec. The winter access road is complete, reducing the dependency on helicopters and expected to significantly reduce per metre cost. The company also intends to provide an updated mineral resource estimate to the market in the third quarter of 2024.
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-5.26%
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Rhea-AI Summary
Patriot Battery Metals Inc. (Patriot) (TSXV: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) releases drill results for its 2023 drill campaign at the Corvette Property, Quebec. The summer-fall program completed 177 holes for approximately 45,700 m, with significant lithium pegmatite intersections at CV5, CV13, and CV9 pegmatites. The Company's CEO, Blair Way, expressed confidence in the program's success and the potential for resource expansion.
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0.13%
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Patriot Battery Metals Inc. (PMET) has submitted the Preliminary Information Statement for the Corvette Project with the Provincial Quebec Government, starting the approvals process. The Company is pleased to announce the filing and highlights the extensive effort delineating the resource and exploration potential combined with preliminary environmental study work that will contribute to the proposed project's development.
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2.82%
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Rhea-AI Summary
Patriot Battery Metals Inc. (PMET) announces preliminary results of its inaugural drill program at the CV9 Spodumene Pegmatite, indicating wide intervals of pegmatite, dominantly spodumene-bearing, have been returned from multiple drill holes at CV9. The company has defined a pegmatite strike length of approximately 450 m by drilling and outcrop at CV9, which remains open. The CV9 Pegmatite is currently interpreted to be a single principal dyke, which outcrops at the surface, has a steep northerly dip, and is moderately plunging to the east-southeast. The magnitude of this variably mineralized pegmatite blow-out is significant, sharing similarities to those present at the CV5 Pegmatite in terms of depth and scale. The company plans to refine the geological model for CV9 upon the receipt of assays and develop a follow-up drill program to expand upon the success discussed herein. Core sample assays remain to be announced for more than 140 drill holes completed over the program, including all 18 holes completed at CV9.
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4.91%
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Patriot Battery Metals Inc. (PMET) has made a significant new discovery at the Corvette Property in Quebec, Canada. The company has intercepted 100 m of spodumene-bearing pegmatite at CV9, with a strike length of approximately 450 m and a width of at least 80 m. The preliminary results of the inaugural drill program are very positive, indicating a strong potential for significant scale. The company is awaiting core sample assays for further evaluation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.91%
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Patriot Battery Metals Inc.
OTC:PMETF
PMETF Rankings
PMETF Stock Data
706.95M
120.13M
2.62%
3.13%
Crushed and Broken Limestone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
United States of America
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