SYDNEY and VANCOUVER, BC, Sept. 6, 2023 /CNW/ - Patriot Battery Metals Inc. | | | is pleased to announce that common shares of the Company have been selected for inclusion in the Standard & Poors /ASX 300 Index by the S&P Dow Jones effective prior to ASX market opening on September 18, 2023. Blair Way, Company President and CEO, comments, "We are very pleased that Patriot has been selected for inclusion in the S&P/ASX 300 [...]
Highlights A total of approximately 35 holes and 10,100 m have been completed to date since the start of the summer-fall drill program with a goal to expand the current 109.2 Mt at 1.42% Li2O inferred resource1. Four drill rigs active at site, planned to be increased to five by month end, and to seven by mid-September. Two rigs active over westward extension of CV5, one rig active over the eastern portion of CV5, and one [...]
Patriot Battery Metals Inc. is pleased to provide an operations update on the mineral exploration and development of its Corvette Property , host to the CV5 Spodumene Pegmatite. The CV5 Spodumene Pegmatite, the 8th largest lithium pegmatite in the world, is located approximately 13.5 km south of the regional and all?weather Trans-Taiga Road and powerline infrastructure corridor, and within 50 km of the La-Grande 4 [...]
Patriot Battery Metals Inc. is pleased to announce that it has received the 2023 Best Emerging Company Award at the Diggers and Dealers Mining Forum in Kalgoorlie, Australia. PMET Wins Emerging Company of the Year at Diggers and Dealers Blair Way, Patriot's President and CEO comments, "This award acknowledges the tremendous effort of our entire team and their unwavering dedication. In very short order since our discovery [...]
Patriot Battery Metals Inc. is pleased to announce that it has closed its previously announced private placement of approximately C$109 million in Patriot by Albemarle Corporation . Following closing of the Strategic Investment, Albemarle now owns approximately 4.9% of Patriot's issued and outstanding Common Shares on a fully-diluted in-the-money basis, or 6.4% on a non-diluted, issued and outstanding basis. The Common [...]
Patriot Battery Metals Inc. advises that it will host an investor update conference call at 8:00am / 10:00am on Thursday, 3 August 2023, to discuss the recently announced maiden mineral resource estimate for the CV5 Spodumene Pegmatite at its wholly owned Corvette Property, located in the Eeyou Istchee James Bay region of Quebec, and the C$109M strategic investment and non-binding memorandum of understanding with [...]
Patriot Battery Metals Inc. is pleased to announce that it has entered into a subscription agreement with respect to a private placement of approximately C$109 million in Patriot by Albemarle Corporation . Albemarle will subscribe for an aggregate of 7,128,341 common shares of the Company at a price of C$15.29 per Common Share, representing a 7% premium to the closing price of the Common Shares on the TSX Venture Exchange [...]
Highlights CV5 Spodumene Pegmatite is firmly established as the largest lithium pegmatite mineral resource in the Americas and the 8th largest globally. 109.2 Mt at 1.42% Li2O and 160 ppm Ta2O5 inferred, . Based on 163 core holes totalling 56,385 m. Geological model interprets a single, continuous, principal pegmatite body ranging in true thickness from ~8 m to upwards of ~130 m, extending over a strike length of 3.7 km [...]
Patriot Battery Metals Inc. provides this update on the Company's operations at its Corvette Property in Quebec, Canada. The ban on entry to the forest due to wildfires has been lifted for the area, including The Property. Due to some on-going road closures, the Company is remobilising personnel with materials to site using fixed wing aircrafts. It is anticipated that the road closures will be lifted as the fires continue [...]
Patriot Battery Metals Inc. , a leading lithium explorer which is focused on developing its 100% owned Corvette Lithium Project in Quebec , is aware of a recent report published by Night Market Research . This response has been provided in accordance with ASIC Information Sheet 255 and following a request from ASX. The Short Report includes numerous claims about Patriot's management of the Company and promotion of the [...]
Highlights Additional high-grade intersections at the Nova Zone, which has been defined over a strike length of at least 1.1 km. 108.0 m at 2.44% Li2O , including 37.5 m at 3.58% Li2O, or 16.0 m at 4.08% Li2O . 115.3 m at 1.81% Li2O , including 89.6 m at 2.20% Li2O . Wide widths and strong grades in most westwardly drill hole completed to date at the CV5 Pegmatite - 78.9 m at 1.00% Li2O, including 34.8 m at 1.40% Li2O [...]
Highlights Heavy Liquid Separation testwork on five core sample composites from the CV13 Pegmatite cluster indicate that a simple Dense Media Separation process flowsheet is applicable. HLS testwork followed by magnetic separation produced 6+% Li2O spodumene concentrates at overall lithium recoveries exceeding 70%. Strong recoveries at both low, moderate, and high feed grades. Fe2O3 content of ~0.60% in final spodumene [...]
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