PATRIOT BATTERY METALS


Associated tags: FSE, Lithium, News, CV5, Property, ASX, Trans-Taiga Road, Corvette, NWT, Pontax River

Locations: CANADA, QUEBEC, ONTARIO, NORTH AMERICA, SOUTH AMERICA, SASKATCHEWAN, PIERRE, NOVA, AMERICAS, ALBERTA, BRITISH COLUMBIA, AUSTRALIA, NI

Patriot Battery Metals Provides Exploration and Corporate Update

Retrieved on: 
Wednesday, November 2, 2022

VANCOUVER, British Columbia, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the Company or Patriot) (TSX-V: PMET) (OTCQB: PMETF) (FSE: R9GA) is pleased to provide a mineral exploration update on the Companys wholly owned Corvette Property, as well as a general corporate update.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the Company or Patriot) (TSX-V: PMET) (OTCQB: PMETF) (FSE: R9GA) is pleased to provide a mineral exploration update on the Companys wholly owned Corvette Property, as well as a general corporate update.
  • The listing process will include a relatively small financing in order to fulfill our ASX 300 shareholder distribution requirements.
  • The final ASX listing processes (inclusive of the Prospectus exposure period) means exploration results (or any other material information) is unlikely to be released without a supplementary Prospectus.
  • About Patriot Battery Metals Inc.
    Patriot Battery Metals Inc. is a mineral exploration company focused on the acquisition and development of mineral properties containing battery, base, and precious metals.

Patriot Drills 104.5 m of 0.97% Li2O and 61.9 m of 1.42% Li2O, and Extends Strike Length of Mineralization to 2.2 km at the CV5 Pegmatite, Corvette Property, Quebec

Retrieved on: 
Wednesday, October 12, 2022

A third drill rig has been active at the CV13 pegmatite cluster for initial drill testing since early September.

Key Points: 
  • A third drill rig has been active at the CV13 pegmatite cluster for initial drill testing since early September.
  • Assay interval highlights for the drill holes reported herein are presented in Table 1 and drill hole locations in Figure1.
  • The presence of tantalum continues to be prevalent throughout the CV5 Pegmatite body as well as the secondary pegmatite lenses.
  • The core area includes an approximate 2.2 km long spodumene pegmatite (the CV5 Pegmatite) and multiple proximal secondary spodumene pegmatite lenses.

Patriot Announces Closing of $20M Flow-Through Financing

Retrieved on: 
Thursday, October 6, 2022

The FT Shares are subject to a statutory hold period of four months and one day from the date of issuance.

Key Points: 
  • The FT Shares are subject to a statutory hold period of four months and one day from the date of issuance.
  • Blair Way, President and CEO, comments: I am very pleased to be completing this significant financing for the Company at such a great premium.
  • We will continue to drill out the CV5 corridor and explore the other lithium pegmatite outcrop clusters identified on the property.
  • In connection with the Offering the Company paid fees commensurate with such a raising, including 6% fees in cash and 6% in broker warrants on a portion of the financing.

Patriot Collars in Spodumene Pegmatite over 22.4 m in First Drill Hole at CV13, and Extends Strike of Spodumene Mineralization to 2.1 km at the CV5 Corridor, Corvette Property, Quebec

Retrieved on: 
Monday, September 19, 2022

VANCOUVER, British Columbia, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX-V: PMET) (OTCQB: PMETF) (FSE: R9GA) is pleased to provide an update on the 2022 drill campaign at its wholly owned Corvette Property (the “Property”), located in the James Bay Region of Quebec. The primary drill area is the CV5 pegmatite corridor, located approximately 13.5 km south of the regional and all-weather Trans-Taiga Road and powerline infrastructure with two drills currently coring. The Company has recently positioned the third drill rig at the CV13 pegmatite cluster for initial drill testing.

Key Points: 
  • The CV Lithium Trend is an emerging spodumene pegmatite district discovered by the Company in 2017 and spans more than 25-km across the Corvette Property.
  • On Behalf of the Board of Directors,
    This news release contains forward-looking statements and other statements that are not historical facts.
  • All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties.
  • No securities regulatory authority or stock exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release..

Patriot Battery Metals Announces $20M Flow-Through Financing

Retrieved on: 
Thursday, September 15, 2022

VANCOUVER, British Columbia, Sept. 15, 2022 (GLOBE NEWSWIRE) --

Key Points: 
  • The FT shares will be subject to statutory four-month resale restrictions from the completion of the Offering.
  • The closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals.
  • Tectonic Advisory Partners (Tectonic), acted as advisor to Patriot.
  • About Patriot Battery Metals Inc.
    Patriot Battery Metals Inc. is a mineral exploration company focused on the acquisition and development of mineral properties containing battery, base, and precious metals.

Patriot Battery Metals Welcomes Brett Grosvenor to the Newly Formed Project Steering Group to Expedite Advancement of the Corvette Lithium Property

Retrieved on: 
Tuesday, September 13, 2022

The PSG will be comprised of Blair Way (CEO, President, and Director), Ken Brinsden (Non-Executive Chairman), Darren L. Smith (Vice President of Exploration), and Lithium Industry Development Specialist Brett Grosvenor.

Key Points: 
  • The PSG will be comprised of Blair Way (CEO, President, and Director), Ken Brinsden (Non-Executive Chairman), Darren L. Smith (Vice President of Exploration), and Lithium Industry Development Specialist Brett Grosvenor.
  • Brett brings a wealth of knowledge on the development and implementation of hard rock lithium projects and will help facilitate the aggressive advancement of the Corvette Property as envisioned by the Company.
  • For these reasons, I could not pass up the opportunity of working with the Patriot team as they embark on this exciting journey.
  • About Patriot Battery Metals Inc.
    Patriot Battery Metals Inc. is a mineral exploration company focused on the acquisition and development of mineral properties containing battery, base, and precious metals.

Patriot Battery Metals ASX Listing Update

Retrieved on: 
Monday, September 12, 2022

VANCOUVER, British Columbia, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the Company or Patriot) (TSX-V: PMET) (OTCQB: PMETF) (FSE: R9GA) is pleased to provide the following update on its plans to dual list on the ASX.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the Company or Patriot) (TSX-V: PMET) (OTCQB: PMETF) (FSE: R9GA) is pleased to provide the following update on its plans to dual list on the ASX.
  • Patriot has been in consultation with the ASX to obtain in-principle approval to undertake a dual listing on the ASX and TSX-V.
  • The Company will provide further updates on the ASX listing process but cautions investors there is no guarantee that the Company will list on ASX.
  • About Patriot Battery Metals Inc.
    Patriot Battery Metals Inc. is a mineral exploration company focused on the acquisition and development of mineral properties containing battery, base, and precious metals.

Patriot Acquires the Pontois West Lithium Property, Expanding its Land Position in the La Grande Greenstone Belt, James Bay, Quebec

Retrieved on: 
Thursday, September 8, 2022

The Vendor will also retain a 2% Net Smelter Royalty (NSR) which has a 50% buyback option by the Company for $1,000,000 CAD.

Key Points: 
  • The Vendor will also retain a 2% Net Smelter Royalty (NSR) which has a 50% buyback option by the Company for $1,000,000 CAD.
  • The Property has been acquired for its lithium pegmatite potential; however, is considered to also be prospective for orogenic gold and volcanogenic massive sulphide.
  • The shares issuable shall be subject to a statutory hold period of four months and one day from issuance.
  • No securities regulatory authority or stock exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release..

Patriot Announces Best Drill Intercept to Date – 1.65% Li2O over 159.7 m, including 4.12% Li2O over 9.0 m – at the Corvette Property, Quebec

Retrieved on: 
Wednesday, August 31, 2022

The Company is pleased to announce some of the strongest lithium mineralized intervals of the drill campaign to date at Corvette, including the strongest based on a lithium grade-times-width metric CV22-042.

Key Points: 
  • The Company is pleased to announce some of the strongest lithium mineralized intervals of the drill campaign to date at Corvette, including the strongest based on a lithium grade-times-width metric CV22-042.
  • Additionally, drill hole CV22-044 was completed as a step-back to CV22-017 to test the high-grade zone at depth and returned 86.2 m grading 2.13% Li2O, including 18.0 m of 3.07%Li2O (Figure 3).
  • Collectively, both drill holes (CV22-042 and 044) have extended the high-grade lithium zone first intersected in CV22-017 along strike and to depth, respectively.
  • Both drill holes returned strong lithium mineralization over a wide and continuous pegmatite interval, assaying 1.42% Li2O over 59.3 m, including 2.06% Li2O over 7.2 m (CV22-038), and 1.68%Li2O over 22.7 m, including 3.13% Li2O over 7.0 m (CV22-043).

Patriot Battery Metals Appoints Former Pilbara Managing Director and CEO Ken Brinsden as Non-Executive Chairman and Director

Retrieved on: 
Tuesday, August 23, 2022

Mr. Brinsden is a Mining Engineer with approximately 30 years experience in surface and underground mining operations.

Key Points: 
  • Mr. Brinsden is a Mining Engineer with approximately 30 years experience in surface and underground mining operations.
  • Mr. Brinsden joined Pilbara Minerals as Chief Executive Officer in January 2016 and was appointed Managing Director and CEO in May 2016.
  • Ken has taken Pilbara from grass-roots exploration to a global production/industry leader in just 6 years.
  • About Patriot Battery Metals Inc.
    Patriot Battery Metals Inc. is a mineral exploration company focused on the acquisition and development of mineral properties containing battery, base, and precious metals.