Patriot Battery Metals Inc. (ASX:PMT) has provided an update on their exploration and development activities at the Shaakichiuwaanaan Property in Quebec, Canada. The 2024 drill campaign is almost complete, with 127,700 meters drilled in 428 holes since January. They are awaiting assay results for over 65,000 meters from 262 holes. The focus is on upgrading inferred resources to indicated resources at the CV5 Spodumene Pegmatite to support a Feasibility Study due in Q3 2025.
Patriot Battery Metals Inc. has made significant progress in their 2024 exploration at the Shaakichiuwaanaan Property. With 127,700 meters drilled and a focus on converting inferred resources to indicated resources, they are on track to support their Feasibility Study set for completion in Q3 2025. The property is positioned to become a major lithium supplier, aided by infrastructure advantages and ongoing geotechnical work. The company remains committed to advancing their high-grade lithium resources to meet future demand in the electric vehicle and renewable energy sectors.
The ongoing geotechnical campaign began in June 2024 and is expected to finish within two weeks, including over 60 drill holes. Hydrogeological studies are focused on characterizing groundwater flow and properties to support mine design.