How has Patriot's inaugural drill program unearthed an exciting find at the Corvette Property?

Patriot Makes New Discovery at the Corvette Property as it Intercepts 100 m of Spodumene-Bearing Pegmatite at CV9, Quebec, Canada

Vancouver, BC, Canada November 22, 2023 – Sydney, Australia – Patriot Battery Metals Inc. (Patriot) is thrilled to announce a groundbreaking discovery at its Corvette Property in Quebec. In the inaugural drill program at the CV9 Spodumene Pegmatite, Patriot has intercepted approximately 100 m of near-continuous spodumene-bearing pegmatite. This significant find has the potential to hold significant scale and marks a strong start to the exploration at the CV9 Pegmatite.

Significant Intersections and Findings

The drill hole CV23-345 has hit an impressive 100 m of near-continuous spodumene-bearing pegmatite at CV9. This discovery follows the return of three (3) drill holes with continuous pegmatite intersections exceeding 60 m. Patriot has successfully defined a pegmatite strike length of approximately 450 m through drilling and outcrop at CV9, and this potential continues to remain open.

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Preliminary geological modelling indicates that the CV9 Pegmatite significantly thickens to at least 80 m width at one location and continues in multiple directions. The magnitude of this variably mineralized pegmatite blow-out is significant, showing striking similarities to the CV5 Pegmatite in terms of depth and scale.

Extensive Drilling Program

To date, Patriot has completed eighteen (18) core holes, amounting to approximately 4,000 m, in the inaugural drill program at the CV9 Pegmatite. The company is currently awaiting sample assay results for further analysis and evaluation. Despite being in the early stages, the program has already led to an improved understanding of the CV9 Pegmatite, with several high priority targets identified.

Expert's Insights

Darren L. Smith, the Vice President of Exploration for Patriot, is optimistic about the potential of this discovery. He states, "This is a very strong start to the drill exploration at the CV9 Pegmatite. Although no core assays have been received yet, the presence of spodumene and the length of pegmatite encountered in multiple holes, highlighted by an approximate 100 m near-continuous spodumene-bearing hit in the final hole of the program, are very positive in terms of potential of this pegmatite to hold significant scale. "

About the Corvette Property and Patriot Battery Metals Inc.

The CV9 Spodumene Pegmatite is located approximately 14 km west of the CV5 Spodumene Pegmatite, which is estimated to hold 109. 2 Mt at 1. 42% Li2O inferred1. It is also situated 9. 5 km west-northwest of the CV13 Spodumene Pegmatite and 11 km south of the Trans-Taiga Road and powerline infrastructure.

Patriot Battery Metals Inc. is a Vancouver-based company listed on the TSX-V (PMET), ASX (PMT), OTCQX (PMETF), and FSE (R9GA) exchanges. The company aims to develop and utilize battery metals to support the rapidly growing electric vehicle and renewable energy sectors.

As the sample assay results are pending, excitement and anticipation build as Patriot continues its exploration and evaluation of the CV9 Pegmatite. The groundbreaking discovery at the Corvette Property opens up new possibilities and potential for the company, solidifying its position in the battery metals industry.

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