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. 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.
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.
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.
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.
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.
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.
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.
Patriot Battery Metals Inc. announced significant advancements in its 2022 drilling campaign at the Corvette Property in Quebec. Geological logging has confirmed spodumene mineralization in all 20 drill holes, with wide intervals of pegmatite intersected. The company plans an additional 15,000 meters of drilling starting in June, utilizing three rigs to enhance productivity. The main pegmatite body is expanding, currently traced over 1,400 meters and down to 265 meters depth. Additional analyses of drill core samples are pending.
Patriot Battery Metals Inc. has completed the winter/spring phase of its 2022 drill campaign at the Corvette Property, with 20 drill holes totaling 4,352 m. Geological modeling shows pegmatite extending over 1,400 m between CV5 and CV1, with indications of thickening at depth. The summer/fall drilling is set to begin on June 1, focusing on additional infill and step-out holes. Previous drill results indicated strong lithium-tantalum mineralization, including intercepts of 155.1 m at 0.94% Li2O. The company is preparing for further assays and potential expansion of its drilling capacity.
Patriot Battery Metals announced the appointment of Jon Christian Evensen as a new director effective immediately. Evensen brings over 10 years of investment banking and management experience, particularly in natural resources. His background includes significant roles at Luminus Management and Morgan Stanley. The company also expressed gratitude to outgoing director Paul Chung for his contributions. Patriot Battery Metals focuses on mineral exploration, particularly lithium, with key properties in Quebec and Idaho, demonstrating notable potential in various metals, including lithium and gold.
Patriot Battery Metals Inc. provided an update on its 2022 winter/spring drill campaign at the Corvette Property in Quebec. The campaign, commenced in February, has completed 15 drill holes totaling approximately 3,136 meters. Geological modeling indicates a continuation of mineralized pegmatite across a 1,400-meter strike. Spodumene has been identified in multiple drill holes, though assay results are pending. The campaign will continue until April 20, with summer/fall drilling scheduled to start on June 1, focusing on both infill and new target areas.
FAQ
What is the current stock price of PATRIOT BATTERY METALS (PMETF)?
What is the market cap of PATRIOT BATTERY METALS (PMETF)?
What is Patriot Battery Metals Inc. focused on?
What recent announcement did Patriot Battery Metals Inc. make regarding their operations?
What is significant about the CV5 Spodumene Pegmatite?
What new discoveries were made during the winter drill program?