Announcement Date: 2023-02-13
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Patriot Battery Metals Inc.
Project name: Corvette
Location: Canada
Commodities: Lithium
Highlight: Drilling results incl. 22.6m at 1.56% Li2O from 29.3m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX-V: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce assay results from its 2022 drill and surface exploration programs over the CV13 Pegmatite cluster at its wholly owned Corvette Property (the “Property”), located in the James Bay Region of Quebec. The CV13 Pegmatite cluster, which is comprised of two contiguous lithium outcrop trends totalling 2.3 km in combined strike length, is located approximately 4.3 km along geological trend to the southwest of the CV5 Pegmatite (Figure 1). A total of fourteen (14) drill holes (NQ core size – 47.6 mm inside diameter), totalling 2647 m, were completed at CV13 in 2022 – the first drill program ever completed at the target. A total of six (6) holes were completed at the confluence of the two trends (CV22-077, 081, 082, 084, 085, and 088), two (2) holes along the western limb of the trend (CV22-103 and 104), and six (6) holes along the eastern limb of the trend (CV22-091, 092, 095, 096, 099, and 101) (Figure 2). Of these fourteen (14) drill holes, ten (10) returned well-mineralized intervals of lithium pegmatite over three distinct areas of the collective trend (Figure 2). Drill core assays highlights include 22.6 m at 1.56% Li2O (29.3 m to 51.9 m), including 6.0 m at 3.19% Li2O (CV22-092 – east limb), 22.4 m at 1.28% Li2O (3.1 m to 25.5 m) (CV22-077 – confluence of trends), which collared in lithium pegmatite, and 17.3 m at 1.41% Li2O (20.6 m to 37.9 m), including 8.0 m at 2.09% Li2O (CV22-104 – west limb).
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