Patriot Battery Metals Inc (PMETF)

[Timetravelerdos]

Patriot Battery Metals Completes Inaugural Drill Program
Corvette-FCI Property, James Bay, QC
November 03, 2021 08:00 ET | Source: Patriot Battery Metals

VANCOUVER, British Columbia, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the “Company” or “Patriot”) (CSE: PMET) (OTCQB: RGDCF) (FSE: R9GA) is pleased to announce the completion of the final hole of its inaugural drill program at the Company’s Corvette-FCI Property (the “Property”), located in the James Bay Region of Quebec. The program targeted the CV5-6 Spodumene Pegmatites, part of a more than a 25 km CV Lithium Trend, as well as the Elsass and Lorraine prospects, which form part of the more than 10 km long Maven Copper-Gold-Silver Trend. The 15-hole, 2,047 metre drill program is the first drill testing to date along these two highly prospective trends, as well as the first drill program by the Company on the Property to date. Program highlights include:

CV5 – three (3) drill holes, totaling 609 metres, targeting lithium bearing pegmatite
CV6 – one (1) drill hole, totaling 148 metres, targeting lithium bearing pegmatite
CV12 – one (1) drill hole, totaling 114 metres, targeting lithium bearing pegmatite
Maven Copper-Gold-Silver Trend – ten (10) drill holes totaling 1,176 metres
Core sample assays for the first two drill holes are expected later this month
Blair Way, Company President and Director, comments: “This drill program has gone exceptionally well, and we are very excited about the assay results pending. The team have done a great job wrapping up before the snow flies. I look forward to the interpretation and modelling of the dataset – drill hole, surface sampling, and geophysics – that we will be completing in the coming weeks as we advance our understanding of this new and emerging lithium district we have identified.”

Final sample processing will be completed shortly with the final shipment to Activation Laboratories Ltd. in Ancaster, ON, anticipated to be completed this week. Core samples from the program have been submitted for multi-element analysis (including lithium, silver, and base metals) by four-acid digestion with ICP-OES finish (package 1F2), as well as tantalum by INAA (code 5B) on pegmatite samples, and gold by fire assay (1A2B-30) for Maven Trend and other select samples.

The Company notes that it has developed a COVID Management Plan for the program and has carried out its field activities while adhering to all federal, provincial, and regional restrictions in place due to the COVID-19 pandemic. Mineral exploration has been recognized as an essential service in Canada and the Province of Quebec.




https://www.globenewswire.com/news-release/2021/11/03/2326332/0/en/Patriot-Battery-Metals-Completes-Inaugural-Drill-Program.html