Patriot Announces Board Changes

Rhea-AI Summary

Patriot Battery Metals announces the appointment of Mélissa Desrochers as an independent director and audit committee member, effective immediately. Desrochers brings extensive experience in strategic communications and stakeholder engagement in the Quebec mining sector. Non-Executive Chair Ken Brinsden expressed gratitude to outgoing director Jon Christan Evensen for his contributions. Patriot Battery Metals focuses on mineral exploration, particularly its flagship asset, the Corvette Property, which exhibits significant lithium potential. Key drill results include intercepts of 1.65% Li₂O over 159.7 m and 2.22% Li₂O over 70.1 m.

Positive

• Appointment of Mélissa Desrochers brings strategic communications expertise.
• Corvette Property shows significant lithium potential with promising drill results.

Negative

• None.

VANCOUVER, British Columbia, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX-V: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce the appointment of Mélissa Desrochers to the board, effective immediately.

Ken Brinsden, Patriot Battery Metals Non-Executive Chair, commented:

“We are very pleased to welcome Mélissa to the Patriot Battery Metals team as independent director and member of the audit committee. Mélissa brings broad experience in strategic communications and stakeholder engagement in Quebec for mineral resources companies.

“Further, and on behalf of the entire Company, I would like to sincerely thank JC for his contributions over the last year and wish him well as he pursues his expanded personal interests.”   

Ms. Desrochers is an experienced consultant with a background in strategic communications and stakeholder engagement for major and complex projects within the Quebec mining industry. Her expertise lies in communications, government relations and enhancing companies Environmental, Social and Governance (ESG) activities. Her previous work experience includes Director of Government Relations and External Communication for Agnico Eagle Mines Limited, Communications and Community Relations Manager for Canadian Malartic Mine, and formerly co-owning a communications firm for several years in which she worked closely with stakeholders from the natural resources sector.

Ms. Desrochers studied communications, Indigenous affairs, management and holds a Graduate degree in Project Management from the Université du Québec en Abitibi-Témiscamingue. She is an Independent Director for O3 Mining Inc., a gold exploration company listed on the TSX Venture Exchange, and a member of Autorités des marches financiers (AMF) Mining Advisory Committee.

The Company also announces the resignation of Director, Jon Christan Evensen. We would like to take this opportunity to thank Mr. Evensen for his valued contribution to the Board during his tenure with the Company.

About Patriot Battery Metals Inc.

Patriot Battery Metals Inc. is a mineral exploration company focused on the acquisition and development of mineral properties containing battery, base, and precious metals.

The Company’s flagship asset is the 100% owned Corvette Property, located proximal to the Trans-Taiga Road and powerline infrastructural corridor in the James Bay Region of Québec. The land package hosts significant lithium potential highlighted by the 2.2 km long CV5 spodumene pegmatite with drill intercepts of 159.7 m at 1.65% Li₂O and 193 ppm Ta₂O₅ (CV22-042), and 70.1 m at 2.22% Li₂O and 147 ppm Ta₂O₅, including 40.7 m at 3.01% Li₂O and 160 ppm Ta₂O₅ (CV22-017). Additionally, the Property hosts the Golden Gap Trend with grab samples of 3.1 to 108.9 g/t Au from outcrop and 7 m at 10.5 g/t Au in drill hole, and the Maven Trend with 8.15% Cu, 1.33 g/t Au, and 171 g/t Ag in outcrop.

The Company also holds 100% ownership of the Freeman Creek Gold Property in Idaho, USA which hosts two prospective gold prospects - the Gold Dyke Prospect with a 2020 drill hole intersection of 12 m at 4.11 g/t Au and 33.0 g/t Ag, and the Carmen Creek Prospect with surface sample results including 25.5 g/t Au, 159 g/t Ag, and 9.75% Cu.

The Company’s other assets include the Pontax Lithium-Gold Property, QC; and the Hidden Lake Lithium Property, NWT, where the Company maintains a 40% interest, as well as several other assets in Canada.

For further information, please contact us at info@patriotbatterymetals.com Tel: +1 (604) 279-8709 or visit www.patriotbatterymetals.com.

Please refer to the Company’s continuous disclosure filings, available under its profile at www.sedar.com and asx.com.au, for available exploration data.

This news release has been approved by the Board of Directors,

“BLAIR WAY”                                

Blair Way, President, CEO, & Director                 

Competent person statement (ASX Listing Rule 5.22)

The information in this news release which relates to previously announced exploration results for the Corvette Property were first released by the Company in its prospectus for its ASX listing dated 9 November 2022 and released to the ASX platform on 5 December 2022 (Prospectus). The Company confirms it is not aware of any new information or data that materially affects the exploration results included in the Prospectus.

Disclaimer for Forward-Looking Information

This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, including but not limited to references to a proposed mineral resource estimate and prefeasibility study, included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include the results of further exploration and testing, and other risks detailed from time to time in the filings made by the Company with securities regulators, available at www.sedar.com. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.

No securities regulatory authority or stock exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release.

FAQ

What recent appointment was made by Patriot Battery Metals?

Patriot Battery Metals appointed Mélissa Desrochers as an independent director and member of the audit committee.

What experience does Mélissa Desrochers bring to Patriot Battery Metals?

Mélissa Desrochers has extensive experience in strategic communications and stakeholder engagement in the Quebec mining sector.

What are the key drill results from the Corvette Property?

Key drill results from the Corvette Property include intercepts of 1.65% Li₂O over 159.7 m and 2.22% Li₂O over 70.1 m.

Who resigned from the board of Patriot Battery Metals?

Jon Christan Evensen resigned from the board of Patriot Battery Metals.

What is the focus of Patriot Battery Metals?

Patriot Battery Metals is focused on mineral exploration, particularly for battery, base, and precious metals.