Patriot Battery Metals Inc. is pleased to announce it has received its drill permits and has formally engaged a drill contractor for a two drill rig exploration program to commence later this month at the Corvette1 Property located in the James Bay Region of Quebec. The winter phase of the 2022 drill exploration campaign will focus on further delineation of the CV5-6 spodumene pegmatites where the initial four drill holes [...]
Patriot Battery Metals Inc. is pleased to announce the assay results from the third and fourth holes of its inaugural drill program at the Company's Corvette-FCI Property , located in the James Bay Region of Quebec. The third drill hole targeted the CV5 Spodumene Pegmatite outcrop from the opposite side, on the same section, as the first drill hole . The fourth drill hole targeted the CV6 Pegmatite outcrop, which is [...]
Patriot Battery Metals Inc. is pleased to announce the assay results from the second hole of its inaugural drill program at the Company's Corvette-FCI Property , located in the James Bay Region of Quebec. The second drill hole targeted the eastern portion of the CV5 Spodumene Pegmatite outcrop, which forms part of the more than 25 km long CV Lithium Trend that is host to multiple spodumene pegmatite occurrences. Figures [...]
Patriot Battery Metals Inc. is pleased to announce its 2022 exploration plans for the Corvette-FCI Property located in the James Bay Region of Quebec. The exploration will focus on delineation of the spodumene pegmatite occurrences on the Property, and specifically target the CV5-6 spodumene pegmatite where the first drill hole by the Company on the Property returned 0.93% Li2O and 114 ppm Ta2O5 over 146.8 m . Core sample [...]
Patriot Battery Metals Inc. is pleased to announce it has earned its second 25% interest in the FCI Property, taking the Company to a 50% ownership as part of an Option Agreement with O3 Mining Inc. to earn up to a 75% interest . The FCI Property is comprised of two neighboring claim blocks , for a combined total of 111 claims , which are situated contiguous to the Company's wholly owned Corvette claim block, located in [...]
Patriot Battery Metals Inc. has completed a private placement of 17,973,856 units at a price of C$0.612 per unit for aggregate gross proceeds of C$10,999,999.87 . Each unit is comprised of one flow through common share and one common share purchase warrant exercisable for two years at a price of $0.75 . In addition to statutory four-month resale restrictions, the FT units are subject to a contractual restriction on resale [...]
Patriot Battery Metals Inc. has entered into a subscription agreement with PearTree Securities Inc. for the issuance of 17,973,856 units at a price of C$0.612 per unit for aggregate gross proceeds of C$11 million . Each unit will be comprised of one common share to be issued as a flow-through share and one common share purchase warrant exercisable for two years at a price of $0.75 . In addition to statutory four-month [...]
Patriot Battery Metals Inc. is pleased to announce the assay results from the first hole of its inaugural drill program at the Company's Corvette-FCI Property , located in the James Bay Region of Quebec. The first drill hole targeted the CV5 Spodumene Pegmatite, which is part of the more than 25 km long CV Lithium Trend. Core sample assay highlights are outlined in Table 1 and include: 0.93% Li2O and 114 ppm Ta2O5 over [...]
Patriot Battery Metals Inc. is pleased to announce the completion of the final hole of its inaugural drill program at the Company's Corvette-FCI Property , located in the James Bay Region of Quebec. The program targeted the CV5-6 Spodumene Pegmatites, part of a more than a 25 km CV Lithium Trend, as well as the Elsass and Lorraine prospects, which form part of the more than 10 km long Maven Copper-Gold-Silver Trend. The [...]
Patriot Battery Metals Inc. is pleased to announce it has earned its initial 25% interest, as part of an Option to earn up to 75% interest, in the FCI Property as per the terms of the Option Agreement with O3 Mining Inc. . The FCI Property is comprised of two neighboring claim groupings , for a combined total of 111 claims , located in the James Bay Region of Quebec, proximal to regional hydro-electric and road [...]
Patriot Battery Metals Inc. is pleased to provide an update on the Corvette-FCI drill program currently underway at the Company's flagship Corvette-FCI Property . The objectives of the program are to complete initial drill testing of the CV5 and CV6 spodumene pegmatites on the CV Lithium Trend, as well as drill test the numerous copper-gold-silver occurrences along the Maven Trend. A total of four NQ size diamond drill [...]
Patriot Battery Metals Inc. is pleased to announce it has completed a Property-wide remote sensing survey, which will be followed shortly by a tightly spaced, high-resolution magnetic survey, at the Corvette-FCI Property, located in the James Bay Region of Quebec. Blair Way, Company President and Director, comments: "the remote sensing program has generated numerous targets across the property reflecting alteration zones [...]
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