CV5 | Jotup

Patriot Extends Strike Length of the CV5 Pegmatite to 3.7 km, Corvette Property, Quebec, Canada

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星期一, 五月 1, 2023

These are the first drill holes completed to test a westward extension of the CV5 Pegmatite since summer of 2022, when spodumene pegmatite was confirmed to extend from the CV5 outcrop to the CV6 outcrop.

Key Points:

These are the first drill holes completed to test a westward extension of the CV5 Pegmatite since summer of 2022, when spodumene pegmatite was confirmed to extend from the CV5 outcrop to the CV6 outcrop.
Core sample assay results for sixty-seven (67) drill holes from the 2023 winter drill program remain to be reported.
Blair Way, Company President and CEO, comments: “Our winter drill program at the CV5 Pegmatite has been a remarkable success.
The Company intends to continue to test the CV5 Pegmatite along strike at both ends, in addition to infill drilling, over the course of the summer-fall program.

Patriot Provides Update on Environmental and Pre-Feasibility Study Activities at the CV5 Pegmatite, Corvette Property, Quebec, Canada

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星期三, 四月 12, 2023

VANCOUVER, British Columbia and SYDNEY, Australia, April 12, 2023 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX-V: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to provide an update on its activities focused on the development of the CV5 Pegmatite, at its wholly owned Corvette Property (the “Property” or “Project”), toward Pre-Feasibility. The Property is located in Eeyou Istchee James Bay, Quebec, approximately 13.5 km south of the regional and all-weather Trans-Taiga Road and powerline infrastructure.

Key Points:

Environmental surveys are planned for the remainder of the year and will provide important baseline data for the CV5 Project impacts assessment.
Order has been placed for a camp (up to 80 persons) and is expected to be operational by early summer.
The pace will continue through the summer-fall period with our initial mineral resource estimate at CV5 planned for late June.
The Company will provide further updates on the Project’s activities and studies related to its ongoing PFS as this work continues.

Patriot Extends Strike Length of the CV5 Pegmatite to 3.15 km, Corvette Property, Quebec, Canada

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星期四, 三月 23, 2023

Trans-Taiga Road, CV13, CV5, Property, ASX, FSE, SGS, Hyperaccumulators table – 2 : Nickel, Weather, News, Lithium, Road, Rare-earth element, Exploration

Six (6) core drilling rigs currently active at the CV5 Pegmatite.

Key Points:

Six (6) core drilling rigs currently active at the CV5 Pegmatite.
The ongoing advancement of the CV5 Pegmatite to an initial mineral resource estimate and subsequent Pre-Feasibility underway is expected to continue to de-risk the CV5 project area.
The Company will continue to test the CV5 Pegmatite along strike at both ends.
These drill holes will target pegmatite pierce points at approximately100 m spacing and trace the pegmatite encountered at depth to surface.

Patriot Battery Metals Announces C$50M Flow-Through Financing

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星期三, 三月 15, 2023

The issue price represents a 90% premium to the last closing price of Patriot shares on TSX-V on Monday, 13 March 2023.

Key Points:

The issue price represents a 90% premium to the last closing price of Patriot shares on TSX-V on Monday, 13 March 2023.
The unique tax treatment applicable to the Flow Through Shares does not apply to CDIs subsequently issued on account thereof.
Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S.
Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Ambarella, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

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星期二, 二月 28, 2023

Financial result, CV5, IP, GAAP, Acquisition, Spondias dulcis, Family, SOC, Loss, Security (finance), Bank

SANTA CLARA, Calif., Feb. 28, 2023 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced fourth quarter and full year fiscal 2023 financial results for the period ending January 31, 2023.

Key Points:

SANTA CLARA, Calif., Feb. 28, 2023 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced fourth quarter and full year fiscal 2023 financial results for the period ending January 31, 2023.
Revenue for the fourth quarter of fiscal 2023 was $83.3 million, down 7.7% from $90.2 million in the same period in fiscal 2022.
Gross margin under U.S. generally accepted accounting principles (GAAP) for the fourth quarter of fiscal 2023 was 59.6%, compared with 63.5% for the same period in fiscal 2022.
Financial results on a non-GAAP basis for the fourth quarter and full year fiscal 2023 are as follows:
Gross margin on a non-GAAP basis for the fourth quarter of fiscal 2023 was 63.5%, compared with 64.8% for the same period in fiscal 2022.

Phase II HLS Testwork Across CV5 Indicates Applicability of DMS Flowsheet

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星期二, 二月 21, 2023

Lithium oxide, OPEX, Project, Canada, HLS, News, Lithium, ASX, FSE, DMS, Strike, Phase, CV5, Pegmatite, Overalls, Rare-earth element

SYDNEY, Australia, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX-V: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce the results of the Heavy Liquid Separation (“HLS”) Phase II testwork program on CV5 Pegmatite material, completed as follow-up to the successful Phase I HLS and Dense Media Separation (“DMS”) testwork program (see news release dated December 19th, 2022).

Key Points:

Results affirm previous HLS and DMS results and bolster confidence that a simple DMS driven flowsheet, without the need of flotation, is applicable to the greater CV5 Pegmatite.
Testwork indicates that a marketable spodumene concentrate exceeding 5.5% Li2O at high 70’s recovery is achievable using a DMS process.
The prior Phase I HLS and DMS testwork, completed on CV5 Pegmatite material from drill holes CF21-001 and 002, affirm that bench scale HLS testing is a cost-effective way to rapidly assess the applicability of larger scale DMS processing, which is more reflective of an operating and continuous process (Table 1).
As a next step, the HLS testwork program was expanded (i.e., Phase II) with the objective to assess the liberation and recovery characteristics of spodumene at different locations within the CV5 Pegmatite – along strike and at depth – which in turn would assess the applicability of DMS to the CV5 Pegmatite as a whole.

InvestmentPitch Media Video Discusses Victory Battery Metals’ Acquisition of Significant Additional Property in a Prime Location in James Bay Lithium District Adjacent to Patriot Battery Metals’ Corvette Property

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星期四, 二月 16, 2023

Corvette, VR6, Lithium oxide, VR, Metal, Acquisition, Stingray, News, Lithium, FWB, CV5, Iron Patriot, CSE, Mobile phone

VANCOUVER, British Columbia, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Victory Battery Metals Corp. (CSE:VR) (FWB:VR6) (OTCPink:VRCFF), a diversified investment corporation with mineral interests in North America, has acquired additional property in the James Bay lithium district adjacent to Patriot Battery Metals’ Corvette Property.

Key Points:

VANCOUVER, British Columbia, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Victory Battery Metals Corp. (CSE:VR) (FWB:VR6) (OTCPink:VRCFF), a diversified investment corporation with mineral interests in North America, has acquired additional property in the James Bay lithium district adjacent to Patriot Battery Metals’ Corvette Property.
The video is available for viewing on “ InvestmentPitch ” or on “ YouTube ”.
The Stingray claim blocks range from adjacent to Patriot Battery Metals’ Corvette lithium property, to several kilometers away, spanning more than 65 km of east to west strike length.
Management cautions that mineralization found on the Corvette property may not be indicative of mineralization on its Stingray properties.

Patriot Drills 22.6 m at 1.56% Li₂O, including 6.0 m at 3.19% Li₂O in First Holes to Test the CV13 Pegmatite Cluster at the Corvette Property, Quebec

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星期一, 二月 13, 2023

Corvette, Property, SGS, Quality assurance, Pulverizer, CV13, News, NQ, Lithium, ASX, Atmosphere, LCT, FSE, Chemistry, CV5, Collection, Printed circuit board, CS, Exploration, Tantalum pentoxide, Rb

Significant intervals of spodumene pegmatite intersected near-surface in ten (10) of fourteen (14) drill holes to test the newly discovered CV13 Pegmatite Cluster.

Key Points:

Significant intervals of spodumene pegmatite intersected near-surface in ten (10) of fourteen (14) drill holes to test the newly discovered CV13 Pegmatite Cluster.
22.4 m at 1.28% Li2O (3.1 m to 25.5 m) (CV22-077) – collared in lithium pegmatite.
15.6 m at 1.50% Li2O (2.8 m to 18.3 m) (CV22-081) – collared in lithium pegmatite.
Second spodumene pegmatite intersected at depth, returning 8.1 m at 0.98% Li2O (167.4 m to 175.4 m) (CV22-085).

Patriot Extends Strike Length of CV5 Pegmatite by 400 m in First Series of Holes from its 2023 Drill Campaign, Corvette Property, Quebec, Canada

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星期日, 二月 5, 2023

ASX, Orientation, FSE, SGS, CV5, News, Printed circuit board, Lithium, Road

VANCOUVER, British Columbia and SYDNEY, Australia, Feb. 05, 2023 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX-V: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to provide an update on the 2023 drill campaign currently underway at its wholly owned Corvette Property (the “Property”), located in the James Bay Region of Quebec. The winter phase of the drill campaign is focused on the CV5 Pegmatite, located approximately 13.5 km south of the regional and all‑weather Trans-Taiga Road and powerline infrastructure and is currently accessible by winter road.

Key Points:

Extension of the CV5 Pegmatite eastwardly by at least 400 m through the first four (4) drill holes of the 2023 drill campaign (CV23-105, 106, 107, and 108)
Drill holes immediately on strike of high-grade Nova Zone.
As of January 30th, 2023, a total of eight (8) drill holes (~3,400 m) have been completed this year at the CV5 Pegmatite.
Blair Way, Company President, CEO and Director, comments: “We are off to a great start with drilling at the CV5 Pegmatite in 2023.
The pegmatite continued to be intersected in drill holes CV23‑107 and 108, a further 100 m and 200 m along strike, respectively, with widths of approximately 65 m and 54 m (core length), respectively.

Patriot drills 52.2 m of 3.34% Li₂O, including 15.0 m of 5.10% Li₂O, in Easternmost Drill Hole from the 2022 Drill Campaign at the CV5 Pegmatite, Quebec, Canada

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星期一, 一月 30, 2023

Lithium, Pulverized coal-fired boiler, ASX, FSE, Corvette, Atmosphere, NQ, Quality assurance, Trans-Taiga Road, Quartz, SGS, Collection, CV5, News

High-grade lithium mineralization returned from the 2022 drill campaign’s easternmost drill hole at the CV5 Pegmatite – drill hole CV22-093.

Key Points:

High-grade lithium mineralization returned from the 2022 drill campaign’s easternmost drill hole at the CV5 Pegmatite – drill hole CV22-093.
Strongly mineralized drill intersection further delineating the high-grade zone (herein termed the “Nova Zone”), previously identified in drill holes CV22-017, 042, 066, and 083.
The spodumene mineralization at the greater CV5 Pegmatite has been traced over a strike length of at least 2,200 m through the 2021 & 2022 drill campaign.
The 2022 drill campaign at Corvette has significantly expanded lithium mineralization at the CV5 Pegmatite.