Patriot Battery Metals Inc. announces significant expansion at CV13 Spodumene Pegmatite

Patriot Battery Metals Inc. (ASX: $PMT) is pleased to announce the significant expansion to the recently discovered high-grade zone, termed the 'Vega Zone,' at the CV13 Spodumene Pegmatite. The company reported multiple drill intercepts, including 33.4 m at 2.40% Li2O, 43.2 m at 1.10% Li2O, 27.1 m at 1.02% Li2O, and 32.1 m at 0.78% Li2O. The Vega Zone, open in several directions, has been delineated over a significant area and thickness, with high-grade mineralization relatively flat-lying to shallow dipping. The highest individual core sample assay reported to date at Corvette was 1.7 m at 7.01% Li2O from hole CV24-507 in the Vega Zone.

Executive Commentary on Vega Zone Expansion

The immediate follow-up holes targeting an expansion of the high-grade Vega Zone have been extremely successful, returning among the widest and most well-mineralized pegmatite intercepts to date at CV13. This now also includes the highest grading individual core sample returned to date from Corvette at 7.01% Li2O (over 1.7 m) from hole CV24-507 in the Vega Zone. The high-grade mineralization is relatively flat-lying to shallow dipping and has now been delineated over a significant area and thickness. The Vega Zone is open in several directions with multiple holes remaining to be reported, which target a further expansion of the zone.

Summary of Expansion and Outlook

Patriot Battery Metals Inc. has reported a significant expansion to the high-grade 'Vega Zone' at the CV13 Spodumene Pegmatite, with multiple drill intercepts indicating the open nature of the zone in several directions. The company plans to target the Vega Zone in the upcoming summer drill program and anticipates details of the program to be released in the coming weeks. The Vega Zone, relatively flat-lying to shallow dipping, covers an area of approximately 350 by 125 m with an interpreted true thickness of 8 to 30+ m. The company aims to further delineate the high-grade Vega Zone and extend the principal pegmatite body(s) to the west, north, and east within the prospective corridor. An updated mineral resource estimate for the Corvette Project, incorporating drilling through April 2024, is scheduled for Q3 2024, providing an outlook for the company's continued exploration and development efforts.