- Patriot Battery Metals (PMET) mobilizes first drill rig to the Corvette Lithium Property, James Bay, Québec
- 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
- The primary objective of the winter program will be to test the continuity between the CV5 and CV1 lithium pegmatites outcrops
- The first drill hole collar of the 2022 drill campaign is anticipated shortly
- The second drill rig, as well as the remaining support staff, will arrive on site shortly thereafter
- Patriot Battery Metals Inc. (PMET) is up 2.86 per cent, trading at C$0.72 at 12:51 pm EST
Patriot Battery Metals (PMET) has mobilized the first of two drill rigs for the winter drill program at the Corvette Lithium Property.
The Corvette Lithium Property is located in the James Bay Region of Québec.
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.
The winter phase of the planned 15,000 to 20,000 m drill exploration campaign will focus on further delineation of the CV1 through CV7 lithium pegmatite outcrop corridor, where the initial four drill holes to test the CV5-6 Prospect returned strong lithium-tantalum mineralization.
This is highlighted by drill hole CF21-002 with 0.94 per cent L2O and 117 ppm Ta2 O5 over 155.1 m, and drill hole CF21-003 with 58.1 m at 1.25 per cent Li2O and 194 ppm Ta2 O5.
The primary objective of the winter program will be to test the continuity between the CV5 and CV1 lithium pegmatites outcrops.
Patriot Battery Metals President and Director, Blair Way comments, “This is a huge next step for Patriot as we deploy our $13M war chest on the exploration and development of the Corvette Property and its lithium endowment.”
The first drill hole collar of the 2022 drill campaign is anticipated shortly, as the first drill rig and equipment are currently being prepped for mobilization from the staging area to the first drill site.
The second drill rig, as well as the remaining support staff, will arrive on site shortly thereafter.
It has engaged Forage Fusion Drilling Ltd. of Hawkesbury, Ont., to carry out the diamond drilling with the program being managed by Dahrouge Geological Consulting Ltd. of Edmonton, AB.
Patriot notes that it has developed a COVID Management Plan for the program and will carry out its field programs while adhering to all federal, provincial, and regional restrictions in place due to the COVID-19 pandemic.
Mineral exploration has been recognized as an essential service in Canada and the Province of Québec.
The CV Lithium Trend is an emerging spodumene pegmatite district discovered by the Company in 2017 and spans the FCI West, FCI East, and Corvette claim blocks.
The core area includes an approximate 2 km long corridor, which is part of the more than 25-km long and Property-wide CV Lithium Trend.
Patriot Battery Metals Inc. is a mineral exploration company focused on the acquisition and development of mineral properties containing battery, base, and precious metals.
Patriot Battery Metals Inc. (PMET) is up 2.86 per cent, trading at C$0.72 at 12:51 pm EST.
