Welcome to our dedicated page for Patriot Battery Metals news (Ticker: PMETF), a resource for investors and traders seeking the latest updates and insights on Patriot Battery Metals stock.
Patriot Battery Metals Inc. (PMETF) maintains this comprehensive news hub for stakeholders tracking its lithium exploration activities in Québec's James Bay region. Access verified updates on drilling programs, resource estimates, and strategic developments at the district-scale Shaakichiuwaanaan lithium project.
This centralized resource provides investors with essential updates including NI 43-101 technical reports, metallurgical test results, and partnership announcements. Regular updates cover exploration progress across multiple pegmatite clusters, infrastructure developments, and processing innovations using dense media separation technology.
Key content categories include quarterly exploration summaries, mineral resource updates, strategic partnership details, and technical disclosures about spodumene concentrate quality. All materials adhere to Canadian mining disclosure standards, ensuring reliability for investment research and sector analysis.
Bookmark this page for direct access to Patriot Battery Metals' official communications. Check regularly for updates on one of North America's most significant hard-rock lithium developments, positioned to supply critical materials for global battery production chains.
Patriot Battery Metals announced significant drill results from the CV13 Spodumene Pegmatite's high-grade Vega Zone at its Corvette Property in Quebec.
Key highlights include:
- 33.4m at 2.40% Li2O, including 11.1m at 4.33% Li2O, and 17.6m at 1.89% Li2O
- 43.2m at 1.10% Li2O, including 12.9m at 3.06% Li2O
- The highest individual core sample assay reported to date at Corvette: 1.7m at 7.01% Li2O
The Vega Zone is open in multiple directions, and additional results from 83 holes are pending.
The CV13 Spodumene Pegmatite extends over a 2.3 km strike length and remains open at both ends and depth.
An updated MRE for the Corvette Project, incorporating drilling through April 2024, is scheduled for Q3 2024.
Patriot Battery Metals announced strong lithium mineralization results from infill drilling at the CV5 Spodumene Pegmatite on their Corvette Property in Quebec. Highlights include 122.5 m at 1.42% Li2O, 71.4 m at 1.57% Li2O, 68.7 m at 1.56% Li2O, and 74.9 m at 1.28% Li2O. The 2024 winter drill program aimed to upgrade the mineral resource confidence from inferred to indicated, with results to be included in an updated Q3 2024 resource estimate. Multiple high-grade zones at CV13 remain to be reported. The Corvette Property hosts 109.2 Mt at 1.42% Li2O inferred, positioning it among the largest lithium pegmatite resources in the Americas.
On May 15, 2024, Patriot Battery Metals announced the conclusion of their nine-month Memorandum of Understanding (MOU) with Albemarle. This decision allows Patriot to explore new strategic partnerships in the downstream lithium sector. With the MOU's termination, all exclusive rights granted to Albemarle have expired, enabling Patriot to engage with multiple downstream companies. The completion of this agreement coincides with growing industry interest in Patriot's Corvette Project, a major supplier of high-quality raw materials for lithium-ion batteries. The project boasts a maiden mineral resource estimate of 109.2 Mt at 1.42% Li2O and is one of the largest lithium pegmatite resources in the Americas. The funding from Albemarle facilitated several critical infrastructure developments, including a winter drill program. Patriot aims to capitalize on new strategic opportunities to maximize shareholder value.
Patriot Battery Metals Inc. announces the discovery of a new high-grade zone at the CV13 Spodumene Pegmatite in the Corvette Project, Quebec. The winter drill program yielded positive results with mineralization at shallow depth and open in multiple directions. The Company is on track for a maiden mineral resource estimate in Q3 2024.
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.
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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