Highlights Significant Intercepts Continued wide and high-grade drill intercepts returned from the CV5 Pegmatite over a significant lateral distance between holes 0.97% Li2O over 104.5 m , including 1.52% Li2O over 51.9 m 1.42% Li2O over 61.9 m , including 2.00% Li2O over 30.0 m, and 1.01% Li2O over 52.0 m 1.42% Li2O over 47.4 m , including 1.96% Li2O over 21.0 m 1.05% Li2O over 30.7 m 1.26% Li2O over 26.6 m 1.31% Li2O [...]
Patriot Battery Metals Inc. is pleased to announce that it has completed a private placement of 1,507,170 charity flow-through common shares at a price of $13.27 per FT Share for aggregate gross proceeds of $20,000,145.90 . The FT Shares are subject to a statutory hold period of four months and one day from the date of issuance. Blair Way, President and CEO, comments: "I am very pleased to be completing this significant [...]
CV13 Pegmatite Cluster Spodumene pegmatite intersected in first drill hole to target the CV13 pegmatite cluster Spodumene pegmatite intercept from surface to 25.5 m Drill hole located approximately 30 m from outcrop Large, centimetre to decimetre scale spodumene crystals Core currently being processed at site Approximately 2,500 m of drilling planned in 2022 for initial testing at depth of the CV13 pegmatite cluster CV5 [...]
Highlights C$20 million raised to continue drilling at the Corvette Property, James Bay Region, Quebec Financing conducted at a price of C$13.27 representing a 109% premium to PMET's last traded share price as of Wednesday, 14 September The Company will utilize these funds for a winter drill program to commence in late January 2023 Patriot Battery Metals Inc. has entered into a subscription agreement with PearTree [...]
Patriot Battery Metals Inc. is pleased to announce that it has formed a Project Steering Group for the Corvette Project , that will report directly to the Company's Board of Directors. The PSG will be comprised of Blair Way , Ken Brinsden , Darren L. Smith , and Lithium Industry Development Specialist Brett Grosvenor. The purpose of the PSG is to assist the Board of Directors in ensuring the Company implements a [...]
Patriot Battery Metals Inc. is pleased to provide the following update on its plans to dual list on the ASX. Patriot has been in consultation with the ASX to obtain in-principle approval to undertake a dual listing on the ASX and TSX-V. Following the successful relisting of Patriot on the TSX-V on 14 July 2022, the Company now anticipates it will receive in-principle approval along with the standard ASX Listing Rule [...]
Patriot Battery Metals Inc. is pleased to announce that it has increased its land position in the La Grande Greenstone Belt through the acquisition of a 100% interest in the Pontois West Property, a block of thirty-one contiguous claims located in the James Bay Region of Quebec. The Property is located approximately 10.5 km directly west of the Company's Corvette Property and adds an additional 8.3 km of highly [...]
Highlights Significant Intercepts: Best lithium intercept returned to date in drilling at Corvette, located at the east-end of the current drill area 1.65% Li2O and 193 ppm Ta2O5 over 159.7 m, including 4.12% Li2O and 162 ppm Ta2O5 over 9.0 m 2.13% Li2O and 163 ppm Ta2O5 over 86.2 m, including 3.07% Li2O and 265 ppm Ta2O5 over 18.0 m Continued strong lithium grades over wide intervals returned over western portion of [...]
Patriot Battery Metals Inc. is very pleased to announce that it has appointed highly experienced mining executive and former Managing Director and CEO of Pilbara Minerals Limited, Ken Brinsden, as Non-Executive Chairman and director, effective August 22, 2022. Mr. Brinsden is a Mining Engineer with approximately 30 years' experience in surface and underground mining operations. Mr. Brinsden graduated from the Western [...]
Patriot Battery Metals is pleased to provide an update on the 2022 surface exploration program at the Corvette Property highlighted by the discovery of a new and significant lithium pegmatite cluster situated less than 4.5 km from, and on geological trend with, the CV5-1 pegmatite corridor where drilling is currently focused. The new discovery is located central to the Property and approximately 15 km south of the [...]
Patriot Battery Metals Inc. is pleased to announce the results of preliminary metallurgical test work on a 225 kg drill core composite sample collected from the CV5 spodumene pegmatite at the Corvette Property. The CV5 Pegmatite is the principal pegmatite occurrence on the Property, located approximately 13.5 km south of the regional and all-weather Trans-Taiga Road and powerline infrastructure, and is currently being [...]
Patriot Battery Metals Inc. is pleased to provide core assay results from the first two drill holes completed as part of the summer phase of its 2022 drill campaign at its wholly owned Corvette Property. The target drill area – at the CV Lithium Trend – is located approximately 13.5 km south of the regional and all-weather Trans-Taiga Road and powerline infrastructure. Blair Way, Company President, CEO and Director [...]
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