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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. 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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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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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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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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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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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.
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Patriot Battery Metals Inc. (TSXV: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) receives the 2023 'Discovery of the Year' award from the Quebec Mineral Exploration Association for its discovery of the CV5 Spodumene Pegmatite at its Corvette Project. Darren L. Smith, Company Vice President of Exploration, and Blair Way, Company Director, CEO, and President, express pride and congratulate the team. The CV5 Spodumene Pegmatite hosts a maiden mineral resource estimate of 109.2 Mt at 1.42% Li2O inferred and ranks as one of the largest lithium pegmatite resources in the world.
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Patriot Battery Metals Inc. (PMT) Announces Widest Mineralized Drill Intersection at Corvette Property
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Patriot Battery Metals Inc. has increased its land position at its Eastmain Project in Quebec through the acquisition of two proximal claim blocks. The new claim blocks total 73 claims (3,851.5 ha) and are located adjacent to Alkem Limited's James Bay Lithium Project. The Company paid $500,000 cash and issued 120,000 common shares for the acquisition, with no royalty rights associated. The Eastmain Project now consists of four blocks totaling 86 claims (4,538.0 ha) and is part of the Company's non-core lithium asset portfolio.
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Patriot Battery Metals announces the discovery of a new high-grade zone at the CV13 Spodumene Pegmatite. The zone contains lithium grades ranging from 2.46% to 5.03% Li2O. The company continues to drill westward from CV5 towards CV13 to test potential connectivity. Metallurgy results suggest that material from both CV13 and CV5 may be processed jointly. Assays are pending for the majority of drill holes completed in the summer-fall program.
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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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