IRW-PRESS: Patriot Battery Metals Inc.: Patriot Battery Metals drills first core for Labor from a Corvette-FCI concession in the James Bay area (Quebec, Canada).
The company expects the first analysis results to be available in mid-November
Vancouver, BC, Canada – October 1, 2021 – Patriot Battery Metals Inc. (Company or Patriot) (CSE: PMET) (OTCQB: RGDCF) (FWB: R9GA) is pleased to announce that the Company has begun shipping drills. Cores from previously completed boreholes into core boxes for processing and analysis in the laboratory. The core should reach the lab by the end of next week; The results of the analysis are expected in mid-November.
Company President and Director Blair Way said, “It is really great that we have completed our first well under the program and have had an excellent core recovery for the laboratory. The analysis laboratories are currently extremely busy, which is why We are moving the core to the lab as soon as possible to be included in the lab’s production program. This first hole has given significant intercepts of pegmatite and I look forward to the analytical results from the lab.
At the heart of the first part of this drill program at the Corvette-FCI property(s) in the James Bay Area, Quebec (announced September 16, 2021 – https://www.irw-press.com/de/news/patriot-battery-metals-meldet-mobilisierung-des-bohrgeraets-in-das-konzessionsgebiet-corvette-fci-in-der-region-james-bay- quebec-kanada_61516.html?isin=CA70337R1073) spodumene-containing pegmatites are CV5 and CV6, which are part of the CV lithium trend longer than 25 km.
The drill program will involve core holes of 15 to 20 NQ size of approximately 2,000 m in total. About one third of the holes will be centered on the CV lithium trend, with the remaining two thirds centered on the 10 km long Maven Cu–Au–Ag trend.
The CV lithium trend is a new spodumene pegmatite district discovered by the company in 2017 and spans the FCI West, FCI East and Corvette concessions. The core area comprises an approximately 2 km long corridor of several spodumene pegmatite events, the main attraction of which is CV5 pegmatite – a large (~220 m long and 20–40 m wide), highly mineralized outcrop. The samples collected here contained an average of 3.00% Li2O and 154 ppm Ta2O5, with a maximum of 4.06% Li2O and 564 ppm Ta2O5. The high number of highly mineralized pegmatites in this core area indicates strong potential for the existence of a series of relatively closely spaced, sub-parallel, and large spodumene-bearing pegmatite bodies with considerable lateral and depth extension.
The Company advises that a COVID Management Plan has been developed for this program and that the Company will continue to conduct its regional programs in compliance with all state and provincial and territorial restrictions during the COVID-19 pandemic. Mineral exploration is recognized as a major service in Canada and the province of Quebec.
qualified specialist
Darren L. Smith, MSc, PGO., the company’s vice president of exploration and a qualified individual as defined by National Instruments 43-101, oversaw the preparation of the technical information in this news release.
Uber Patriot Battery Metals Inc.
Patriot Battery Metals Inc. is a mineral exploration company focused on the acquisition and development of mineral projects involving batteries, bases and precious metals.
The company’s principal assets are 100% owned Corvette assets and FCI assets (under an option of O3 Mining Inc.) in the James Bay area of Quebec, and 100% owned Freeman Creek gold assets in Idaho, USA.
The Corvette-FCI assets include 100% of the Company’s Corvette Claim Blocks and the FCI East and West Claim Blocks that have been selected for the Company by O3 Mining Inc. The claim blocks are contiguous and have a significant gold-silver-copper-PGE-lithium potential, with samples ranging from 3.1 to 108.9 g/t Au from the outcrop from the Golden Gap prospect and 10.5 g Au/t from the 7 m drill was received. Samples highlighting the Ales and Lorraine target regions are 8.15% Cu, 1.33 g/t Au and 171 g/t Ag in outcrops and CV1 pegmatite likely with 2.28% Li2O over 6 m in the channel.
The company’s 100% Freeman Creek Gold property hosts two key upgrade targets: Gold Dyke Prospect, with 2020 drill results of 4.11 g/t Au and 33.0 g/t Ag over 12 m, and Carmen Creek Prospect surface sample results Are included. 25.5 g/t Au, 159 g/t Ag and 9.75% cu.
The company also owns Pontex (QC) Lithium Gold Property, Golden Silica Property, British Columbia and Hidden Lakes Lithium Property (Northwest Territories), in which the company holds a 40% interest, and several other properties in Canada.
For more information, please contact us at [email protected] or at +1 (778) 945-2950 or visit our website at www.patriotbatterymetals.com.
for board of directors
Blair Way
Blair Way, President and Director
Adrian Lamoureux
Adrian Lamoureux, CEO and Director
Disclaimer for forward-looking information
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