CV5

Patriot Announces Final 2023 Drill Hole Results for the CV13 and CV9 Pegmatites, Corvette, Quebec, Canada

Retrieved on: 
Sunday, April 7, 2024

Core assay results are reported herein for all 18 drill holes completed in 2023 at the CV9 Spodumene Pegmatite.

Key Points: 
  • Core assay results are reported herein for all 18 drill holes completed in 2023 at the CV9 Spodumene Pegmatite.
  • Drill results for the remaining 20 drill holes completed in 2023 at the CV13 Spodumene Pegmatite are reported herein (Figure 1).
  • The most eastern drill hole (CV23-365) completed in 2023 at CV13, also the final hole of the 2023 drill program, returned 19.7 m at 0.43% Li2O, including 6.3 m at 1.22% Li2O.
  • Drill results for all 18 drill holes completed in 2023 at the CV9 Spodumene Pegmatite are reported herein (Figure 6).

Patriot Discovers New Spodumene-Pegmatite Occurrence (CV14) at Corvette, Quebec, Canada

Retrieved on: 
Monday, March 25, 2024

Data will help constrain the geological model for CV13 ahead of a maiden mineral resource estimate scheduled for Q3 2024.

Key Points: 
  • Data will help constrain the geological model for CV13 ahead of a maiden mineral resource estimate scheduled for Q3 2024.
  • Coupled with the numerous spodumene pegmatite boulders discovered over the Property, there remains strong potential for additional discoveries at Corvette."
  • Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce results from its 2023 surface exploration campaign at the Corvette Property.
  • Collectively, CV14 forms part of an approximate 3.6 km long prospective spodumene pegmatite trend extending through CV10, and to the CV9 Spodumene Pegmatite.

Patriot Discovers New Spodumene-Pegmatite Occurrence (CV14) at Corvette, Quebec, Canada

Retrieved on: 
Sunday, March 24, 2024

Data will help constrain the geological model for CV13 ahead of a maiden mineral resource estimate scheduled for Q3 2024.

Key Points: 
  • Data will help constrain the geological model for CV13 ahead of a maiden mineral resource estimate scheduled for Q3 2024.
  • Coupled with the numerous spodumene pegmatite boulders discovered over the Property, there remains strong potential for additional discoveries at Corvette."
  • Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce results from its 2023 surface exploration campaign at the Corvette Property.
  • Collectively, CV14 forms part of an approximate 3.6 km long prospective spodumene pegmatite trend extending through CV10, and to the CV9 Spodumene Pegmatite.

Ambarella, Inc. Announces Fourth Quarter and Fiscal Year 2024 Financial Results

Retrieved on: 
Tuesday, February 27, 2024

SANTA CLARA, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced fourth quarter and full year fiscal 2024 financial results for the period ended January 31, 2024.

Key Points: 
  • SANTA CLARA, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced fourth quarter and full year fiscal 2024 financial results for the period ended January 31, 2024.
  • Revenue for the fourth quarter of fiscal 2024 was $51.6 million, down 38.1% from $83.3 million in the same period in fiscal 2023.
  • Gross margin under U.S. generally accepted accounting principles (GAAP) for the fourth quarter of fiscal 2024 was 59.8%, compared with 59.6% for the same period in fiscal 2023.
  • Financial results on a non-GAAP basis for the fourth quarter and full year fiscal 2024 are as follows:
    Gross margin on a non-GAAP basis for the fourth quarter of fiscal 2024 was 62.5%, compared with 63.5% for the same period in fiscal 2023.

Patriot Announces Additional 2023 Drill Results at CV13 and Provides Infrastructure Development Update, Corvette, Quebec, Canada

Retrieved on: 
Sunday, February 25, 2024

Two (2) drill rigs are currently active at the CV13 Pegmatite as part of the ongoing 2024 winter drill program.

Key Points: 
  • Two (2) drill rigs are currently active at the CV13 Pegmatite as part of the ongoing 2024 winter drill program.
  • The Company is mobilizing an additional drill rig as part of the winter drill program, which will focus on geomechanical holes at CV5.
  • Drill results for 15 drill holes completed in 2023 at the CV13 Spodumene Pegmatite are reported herein (Figure 1).
  • Results for six (6) drill holes completed in 2023 along the eastern limb of CV13 remain to be reported (Figure 1).

Spod Lithium Preparing Upcoming Drill Program Following Positive Results From Fall Prospecting

Retrieved on: 
Thursday, February 8, 2024

VANCOUVER, British Columbia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- SPOD LITHIUM CORP. (“SPOD” or the “Company”) (CSE: SPOD) (OTCQB: SPODF) is pleased to announce results from lithium grab samples and geometric survey from its prospecting program at MegaLi and La Grande 4 properties in James Bay, Quebec. The gravimetry survey executed last fall (See map below) gave a clear signature for the block C pegmatites and the indication of a stacking of similar signatures away from the exposed pegmatite. This survey combined with the lithium values found in the rock sample assays have generated several prospective drill targets for the 2024 winter exploration program.

Key Points: 
  • Initial prospecting on MegaLi and La Grande 4 claim blocks A, D, E, F all returned Li anomalies.
  • VANCOUVER, British Columbia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- SPOD LITHIUM CORP. (“SPOD” or the “Company”) (CSE: SPOD) (OTCQB: SPODF) is pleased to announce results from lithium grab samples and geometric survey from its prospecting program at MegaLi and La Grande 4 properties in James Bay, Quebec.
  • This survey combined with the lithium values found in the rock sample assays have generated several prospective drill targets for the 2024 winter exploration program.
  • Results received from 101 bedrock samples confirmed lithium anomalies with results as high as 440 ppm Li with 14 results between 0.026% and 0.095% Li2O.

Patriot Extends Strike of the CV5 Pegmatite, Drills 34.2 m at 1.06% Li2O in Step-Out Hole and 11.6 m at 3.25% Li2O in Infill Hole, Quebec, Canada

Retrieved on: 
Tuesday, February 6, 2024

Approximately 3 km of highly prospective geological trend remains to be drill tested between the CV5 and CV13 pegmatites.

Key Points: 
  • Approximately 3 km of highly prospective geological trend remains to be drill tested between the CV5 and CV13 pegmatites.
  • 89.5 m at 1.01% Li2O, 17.9 m at 1.31% Li2O, and 19.0 m at 2.56% Li2O, including 11.6 m at 3.25% Li2O (CV23-246).
  • Assays are reported herein for 12 drill holes completed in 2023 at the CV5 Spodumene Pegmatite.
  • Drill results for 12 drill holes completed in 2023 at the CV5 Spodumene Pegmatite are reported herein (Figure 1).

Patriot Drills 26.1 m at 1.21% Li2O in Step-Out Hole at the CV13 Pegmatite, Quebec, Canada

Retrieved on: 
Wednesday, January 31, 2024

15.7 m at 1.52% Li2O, including 10.6 m at 1.99% Li2O or 2.5 m at 5.28% Li2O (CV23-271).

Key Points: 
  • 15.7 m at 1.52% Li2O, including 10.6 m at 1.99% Li2O or 2.5 m at 5.28% Li2O (CV23-271).
  • Assays are reported herein for 22 drill holes completed in 2023 at the CV13 Spodumene Pegmatite.
  • Drill hole CV23-271 returned 10.6 m at 1.99% Li2O or 2.5 m at 5.28% Li2O within a wider interval of 15.7 m at 1.52% Li2O.
  • Results of previously reported drill holes from this zone include 12.7 m at 2.46% Li2O (CV23-191), 8.0 m at 2.86% Li2O (CV23‑195), 10.2 m at 2.70% Li2O (CV23-198), 10.7 m at 2.79% Li2O (CV23‑200), 14.0 m at 2.14% Li2O (CV22‑092), and 7.0 m at 1.98% Li2O (CV22-095).

Patriot Battery Metals Commences Quebec's Largest Lithium Drill Campaign at the Corvette Property

Retrieved on: 
Tuesday, January 16, 2024

The 2024 drill campaign at the Corvette Property has commenced, targeting a minimum of 45,000 m over the January to April period (the 'winter program').

Key Points: 
  • The 2024 drill campaign at the Corvette Property has commenced, targeting a minimum of 45,000 m over the January to April period (the 'winter program').
  • At least ten (10) drill rigs are planned to be utilized to complete the winter program – making it among the largest lithium drill programs currently in Quebec.
  • Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSXV: PMET) (ASX: PMT) (OTCQB: PMETF) (FSE: R9GA) is pleased to announce it has commenced the 2024 winter drill campaign at its wholly owned Corvette Property (the "Property" or "Project"), located in the James Bay Region of Quebec.
  • This is the most aggressive drill campaign undertaken to date by the Company at the Corvette Property.

Spod Lithium Completes Phase 1 of Its Exploration Program at Its Lithium Grande 4 and Megali Lithium Projects in James Bay Quebec

Retrieved on: 
Thursday, December 7, 2023

VANCOUVER, British Columbia, Dec. 07, 2023 (GLOBE NEWSWIRE) -- SPOD LITHIUM CORP. (“SPOD” or the “Company”) (CSE: SPOD) (OTCQB: SPODF) is pleased to report that the company has completed the 1st phase of its exploration program on its MegaLi ( 78 mineral claims covering a total area of 3,996.67 hectares - 40 square kilometres) and Lithium Grande 4 ( 41 mining claims covering 2,100 hectares - 21 square kilometres) projects located in James Bay, Quebec.

Key Points: 
  • Observation shows the potential to identify large pegmatites on Block C. Pegmatites are concentrated in 500-metre-wide swarms recognized over a kilometric strike length.
  • The MegaLi project shares its border with Patriot Battery Metals Inc’s Corvette property and is located about 3 km south from CV5 pegmatite system.
  • The potential drill targets will be further evaluated as part of the 2nd phase of the 2024 exploration program.
  • CV5 pegmatite outline interpreted from https: //patriotbatterymetals.com
    Source: Report on a Ground Gravity Survey Completed on the MegaLi Project, James Bay, Quebec, Submitted to Spod Lithium Corporation.