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PATRIOT BATTERY METALS - 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 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.

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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.

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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.

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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.

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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.

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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.

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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.

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Patriot Battery Metals Inc. (CSE: PMET, OTCQB: PMETF) announced it has officially acquired a 100% interest in all 417 claims of the Corvette Property in Quebec, totaling 21,357 ha. This property is strategically located along a 50 km strike length in the La Grande Greenstone Belt, known for lithium, gold, and base metals. Additionally, the company has engaged Red Cloud Financial Services for marketing support, with a monthly fee of $10,000 starting May 16, 2022, for at least six months. CEO Blair Way expressed confidence in the property and the company's secure title holdings.

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Patriot Battery Metals Inc. (CSE: PMET, OTCQB: PMETF) announced plans to dual list on the Australian Securities Exchange (ASX) to enhance market access and attract new investors. This move is strategic given the growing presence of Australian shareholders and established lithium companies on the ASX. The company emphasized its commitment to keeping shareholders updated, although they noted that ASX listing approval is not guaranteed. Patriot's flagship asset, the Corvette Property, is located in Quebec and shows significant lithium potential, highlighted by drill intercepts averaging up to 1.25% Li2O.

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Patriot Battery Metals Inc. (CSE: PMET, OTCQB: PMETF) announces a leadership transition as Blair Way becomes President and CEO, effective today. Adrian Lamoureux steps into the role of Vice President - Corporate Development after serving as CEO since 2014. Way, with over 35 years of experience in resource development, aims to lead the Company from startup to project developer, while Lamoureux will leverage his expertise to further advance corporate growth. Patriot focuses on mineral properties, notably the Corvette Property in Quebec, which displays significant lithium potential.

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FAQ

What is the current stock price of PATRIOT BATTERY METALS (PMETF)?

The current stock price of PATRIOT BATTERY METALS (PMETF) is $1.775 as of November 22, 2024.

What is the market cap of PATRIOT BATTERY METALS (PMETF)?

The market cap of PATRIOT BATTERY METALS (PMETF) is approximately 268.8M.

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

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