Announcement Date: 2022-05-24
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Patriot Battery Metals Inc.
Project name: Corvette-FCI
Location: Canada
Commodities: Tantalum,Lithium
Highlight: Drilling results incl. 70.2m @ 2.22% Li2O, 147ppm Ta2O5 from 165.7m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Patriot Battery Metals Inc. (the “Company” or “Patriot”) (CSE: PMET) (OTCQB: PMETF) (FSE: R9GA) is pleased to announce analytical results for CV22-017, the first hole completed by Rig #2 during the winter/spring drill program at the Company’s wholly owned Corvette Property (the “Property”). Drill hole CV22-017 was designed to test the CV1 Pegmatite outcrop’s mineralization at depth and is the first drill hole to test the target, located approximately 1.1 km northeast of and on trend with the CV5 Pegmatite (Figure 1). The drill hole was collared over lake ice from the outcrop’s northside at an orientation of 158°/45°, with an end-of-hole depth of 344.7 m. The drill hole encountered pegmatite deeper than anticipated based on interpreted orientation of the CV1 Pegmatite at the time, and returned the widest high-grade lithium mineralized interval to date at 3.01% Li2O over 40.7 m within a wider zone of 2.22% Li2O over 70.1 m. The strong lithium grades were also accompanied by strong tantalum grades of 160 ppm and 147 ppm Ta2O5, respectively.
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