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Patriot Battery Metals (ASX: $PMT) reports 2023 drill results at CV13 pegmatite

Patriot Battery Metals Inc. announces additional drill results and infrastructure development update


Patriot Battery Metals Inc. (ASX: $PMT) has released additional drill results from the 2023 program completed at the CV13 Spodumene Pegmatite, along with recent infrastructure development supporting the ongoing 2024 drill program at the Corvette Property in Quebec, Canada. The company continues to intersect spodumene at the CV13 Pegmatite, with notable results including 22.5 m at 1.10% Li2O, 19.4 m at 1.20% Li2O, and 16.1 m at 1.54% Li2O. The CV13 Pegmatite has been traced over a 2.3 km strike length and remains open along strike at both ends and to depth. The company is mobilizing an additional drill rig as part of the winter drill program, with plans for an updated mineral resource estimate in Q3 2024.

Executive Commentary


The Company is pleased with the continued positive drill results at the CV13 Pegmatite, which demonstrate the potential for significant mineral resources. The ongoing infrastructure development, including the construction of access roads and the operational exploration camp, reflects our commitment to cost-effective and efficient operations. We are looking forward to the updated mineral resource estimate in Q3 2024, which is expected to enhance the confidence of the Inferred Resource and provide valuable insights for our corporate strategy.

Summary


Patriot Battery Metals Inc. has reported encouraging drill results from the 2023 program at the CV13 Spodumene Pegmatite, indicating the potential for significant mineral resources. The company's ongoing infrastructure development, including the construction of access roads and an operational exploration camp, is aimed at reducing costs and improving operational efficiency. With plans for an updated mineral resource estimate in Q3 2024, Patriot aims to enhance the confidence of the Inferred Resource and further advance its corporate strategy. The successful delineation of the principal pegmatite body at CV13 and the upcoming mineral resource estimate are key milestones for the company's ambitions in the lithium exploration sector.

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