Summary: The Province of Quebec has requested exploration companies to cease field activities due to very high forest fire risk over a large part of the province which includes the Corvette Property. The Company has ceased field exploration operations but will continue to process core from the drill holes completed to date and advance the camp construction activities in respect of the government requirements. The Company [...]
Patriot Battery Metals Inc. is pleased to announce the appointment of Greg Barfoot, BEng, Meng, MBA to the position of Vice President Project Development. Blair Way, Company President, CEO and Director, comments: "I am very pleased to welcome Greg to the Patriot team. Our team is growing as we start heading down the development pathway for the CV5 Project. It is very exciting to be building a team that is so well [...]
Highlights Additional high-grade Zone discovered, marking interpreted western extension of the Nova Zone - drill holes CV23-130, 132, 134, and 138: 122.6 m at 1.89% Li2O , including 8.1 m at 5.01% Li2O . 130.3 m at 1.56% Li2O , including 52.7 m at 2.45% Li2O . 101.3 m at 1.44% Li2O , including 28.1 m at 3.00% Li2O . 101.2 m at 1.08% Li2O , including 10.1 m at 2.42% Li2O and 4.0 m at 4.13% Li2O . Other significant [...]
Highlights Extension of the CV5 spodumene pegmatite westwardly by 550 m. The CV5 spodumene pegmatite has now been traced continuously by drilling over a lateral distance of at least 3.7 km and remains open along strike at both ends and to depth along most of its length. These are the first drill holes completed to test a westward extension of the CV5 Pegmatite since summer of 2022, when spodumene pegmatite was confirmed [...]
Highlights Environmental baseline data collection continued on the Project this winter period, including a large mammal survey and winter bird survey. Environmental surveys are planned for the remainder of the year and will provide important baseline data for the CV5 Project impacts assessment. A Phase I hydrogeological program targeting the CV5 Pegmatite area is underway at site. Authorization for an all-season road is [...]
Patriot Battery Metals Inc. is pleased to announce, that subject to regulatory approval, it has retained the services of Venture Liquidity Providers Inc. to initiate its market-making services to provide assistance in maintaining an orderly trading market for the common shares of the Company, and Oakstrom Advisors to provide investor relations and strategic communications services to the Company. The market-making service [...]
Highlights Extension of the high-grade Nova Zone eastwardly by 400 m - drill holes CV23-105, 106, 107, and 108. 83.7 m at 3.13% Li2O , including 19.8 m at 5.28% Li2O and 5.1 m at 5.17% Li2O . 132.2 m at 1.22% Li2O , including 11.2 m at 2.99% Li2O and 6.0 m at 2.92% Li2O . 65.4 m at 1.30% Li2O , including 37.1 m at 2.09% Li2O or 3.0 m at 5.43% Li2O . 54.0 m at 1.55% Li2O , including 26.6 m at 2.44% Li2O or 5.0 m at 4.30 [...]
Highlights Extension of the CV5 spodumene pegmatite eastwardly by a further 550 m since February. The CV5 spodumene pegmatite has been traced continuously by drilling over a lateral distance of at least 3.15 km and remains open along strike at both ends and to depth. Drilling step-outs westward from CV5 towards CV13 has commenced. Core samples for thirty-seven drill holes have arrived at the analytical lab with assays [...]
Patriot Battery Metals Inc. is pleased to advise that, further to its news release issued on March 15, 2023 / March 16, 2023 , it has successfully completed the Flow Through Raising of approximately 2.215 million Flow Through Shares in the capital of the Company at a price of C$22.57 per share to institutional, professional and sophisticated investors for gross proceeds of approximately C$50M. Capitalized terms in this [...]
Highlights C$50 million raise to accelerate critical mineral exploration on Corvette Property Private placement of flow through shares conducted at price of C$22.57 representing a 90% premium to the Company's last traded share price on TSX-V as of Monday, 13 March 2023 Strong demand from existing and new institutional, professional and sophisticated investors Placement completed via issuing of CDI's increasing the [...]
Patriot Battery Metals Inc. is pleased to announce the results of voting at its Annual General Meeting held on Friday, March 3, 2023 at 4pm from Toronto, Canada. All matters submitted to shareholders for approval as set out in the Company's Notice of Annual General Meeting and Information Circular, dated February 2, 2023, were approved by the requisite majority of votes cast at the meeting. As required under ASX Listing [...]
Highlights Heavy Liquid Separation testwork on eleven core sample composites indicate that a Dense Media Separation process is applicable to the greater CV5 Pegmatite body. HLS sample head grades ranged from 0.67% to 2.73% Li2O, resulting in an average spodumene concentrate grade of 5.98% Li2O at 77% recovery. Results affirm previous HLS and DMS results and bolster confidence that a simple DMS driven flowsheet, without [...]
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