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Be the first with the news that moves the market- Patriot (PMET) has drilled up to 15 m of 5.10 per cent Li₂O from its Corvette Property in Quebec
- The spodumene mineralization from the property’s CV5 Pegmatite has been traced over a strike length of at least 2,200 m
- The company believes the resource represents a global top-tier lithium asset
- Patriot Battery Metals is a mineral exploration company focused on the acquisition and development of battery, base and precious metal properties
- Patriot (PMET) is up by 14.35 per cent, trading at $14.18 per share
Patriot (PMET) has drilled up to 15 m of 5.10 per cent Li₂O from its Corvette Property in Quebec.
The result stems from the final 10 drill holes from the 2022 drill campaign on the property’s CV5 Pegmatite (previous yields up to 156.9 m at 2.12 per cent Li₂O), further substantiating mineral expansion to the east.
The spodumene mineralization at CV5 has been traced over a strike length of at least 2,200 m through 2021 and 2022 drilling. The mineralization remains open along strike at both ends and to depth along most of the pegmatite’s length.
All 2022 drill core assays for CV5 have now been reported, with core assay results for 14 drill holes at the CV13 Pegmatite cluster to be reported.
The eastward extension of CV5 is currently being tested with the first drill holes as part of the 2023 winter drill program.
“We have exceeded all of our program objectives, expanding the known mineralized system from a few hundred metres along strike in 2021 to at least 2.2 km in 2022, remaining open and demonstrating high grades at both ends,” stated Blair Way, Patriot’s President and CEO.
“We have just recently commenced our 2023 drill campaign and will continue to aggressively delineate what we believe will be a top-tier lithium asset globally when fully defined.”
Mineralized drill intercept summary, 2022 summer-fall program
Patriot Battery Metals is a mineral exploration company focused on the acquisition and development of battery, base and precious metal properties. It holds interests in multiple projects across Canada and the U.S.
Patriot (PMET) is up by 14.35 per cent, trading at $14.18 per share as of 11:51 am EST.
