Patriot Battery Metals Inc. is pleased to provide an operations update on the mineral exploration and development of its Corvette Property , host to the CV5 Spodumene Pegmatite. The CV5 Spodumene Pegmatite, the 8th largest lithium pegmatite in the world, is located approximately 13.5 km south of the regional and all?weather Trans-Taiga Road and [...]
Patriot Battery Metals Inc. is pleased to announce that it has received the 2023 Best Emerging Company Award at the Diggers and Dealers Mining Forum in Kalgoorlie, Australia. PMET Wins Emerging Company of the Year at Diggers and Dealers Blair Way, Patriot's President and CEO comments, "This award acknowledges the tremendous effort of our entire [...]
Patriot Battery Metals Inc. is pleased to announce that it has closed its previously announced private placement of approximately C$109 million in Patriot by Albemarle Corporation . Following closing of the Strategic Investment, Albemarle now owns approximately 4.9% of Patriot's issued and outstanding Common Shares on a fully-diluted in-the-money [...]
Patriot Battery Metals Inc. advises that it will host an investor update conference call at 8:00am / 10:00am on Thursday, 3 August 2023, to discuss the recently announced maiden mineral resource estimate for the CV5 Spodumene Pegmatite at its wholly owned Corvette Property, located in the Eeyou Istchee James Bay region of Quebec, and the C$109M [...]
Patriot Battery Metals Inc. is pleased to announce that it has entered into a subscription agreement with respect to a private placement of approximately C$109 million in Patriot by Albemarle Corporation . Albemarle will subscribe for an aggregate of 7,128,341 common shares of the Company at a price of C$15.29 per Common Share, representing a 7 [...]
Highlights CV5 Spodumene Pegmatite is firmly established as the largest lithium pegmatite mineral resource in the Americas and the 8th largest globally. 109.2 Mt at 1.42% Li2O and 160 ppm Ta2O5 inferred, . Based on 163 core holes totalling 56,385 m. Geological model interprets a single, continuous, principal pegmatite body ranging in true [...]
Patriot Battery Metals Inc. provides this update on the Company's operations at its Corvette Property in Quebec, Canada. The ban on entry to the forest due to wildfires has been lifted for the area, including The Property. Due to some on-going road closures, the Company is remobilising personnel with materials to site using fixed wing aircrafts. It [...]
Patriot Battery Metals Inc. , a leading lithium explorer which is focused on developing its 100% owned Corvette Lithium Project in Quebec , is aware of a recent report published by Night Market Research . This response has been provided in accordance with ASIC Information Sheet 255 and following a request from ASX. The Short Report includes [...]
Highlights Additional high-grade intersections at the Nova Zone, which has been defined over a strike length of at least 1.1 km. 108.0 m at 2.44% Li2O , including 37.5 m at 3.58% Li2O, or 16.0 m at 4.08% Li2O . 115.3 m at 1.81% Li2O , including 89.6 m at 2.20% Li2O . Wide widths and strong grades in most westwardly drill hole completed to date at [...]
Highlights Heavy Liquid Separation testwork on five core sample composites from the CV13 Pegmatite cluster indicate that a simple Dense Media Separation process flowsheet is applicable. HLS testwork followed by magnetic separation produced 6+% Li2O spodumene concentrates at overall lithium recoveries exceeding 70%. Strong recoveries at both low [...]
Patriot Battery Metals Inc. has agreed to issue an aggregate of 48,002 restricted share units , and 48,002 performance share units have also been granted to employees and consultants of the Company. All were granted in accordance with the Company's Omnibus Equity Incentive Plan. 100% of the RSUs will vest on the date which is three years from their [...]
Patriot Battery Metals Inc. notes that the article in the Australian Newspaper of today and provides the following clarifying statement: The Company has not commenced a process that would have the effect of initiating a sale of any of its assets, nor the listed parent. The Company has appointed a range of advisers and key personnel that further [...]