How Did Patriot Achieve a Exceptional Pegmatite Intersection in Quebec, Canada?

Patriot, a mining company based in Vancouver, BC, Canada, has achieved a significant milestone at the Corvette Property in Quebec. The recent drill results have returned the widest mineralized pegmatite intersection to date, showcasing the property's potential for lithium extraction.
Exceptional Drill Results from Infill Drilling at the Corvette Property

Patriot's recent round of infill drilling at the Corvette Property has yielded exceptional results. The company announced the widest mineralized pegmatite intersection to date, measuring 172. 4 meters with a lithium oxide (Li2O) grade of 0. 93%. Notably, within this intersection, a section of 34.

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5 meters exhibited an even higher Li2O grade of 1. 85%, while another section of 26. 1 meters showcased a grade of 1. 81% Li2O.
Encouraging Assay Results from the Western Extension at CV5

In addition to the impressive results from infill drilling, assays from the first series of holes completed at the recently announced western extension at CV5 have returned promising outcomes. These drill intersections have revealed well-mineralized pegmatite outside the June 2023 mineral resource estimate. Highlights from the assays include:

46. 3 meters at 1. 20% Li2O
34. 8 meters at 1. 59% Li2O
28. 8 meters at 1. 63% Li2O, with a section of 13. 0 meters grading 2. 19% Li2O
17. 0 meters at 1. 10% Li2O, 16. 3 meters at 0. 99% Li2O, and 9. 3 meters at 2. 55% Li2O
18. 7 meters at 1. 52% Li2O

These results further validate the presence of high-grade lithium mineralization over a significant strike length of over 4 kilometers.
Pause in Drilling Operations and Future Plans

As winter conditions set in, drilling operations at the Corvette Property will be temporarily paused until early January. However, core processing will continue throughout December. To maximize efficiency, Patriot has planned to ramp up to ten drill rigs starting in January 2024.
Upcoming Updates and Core Sample Assays

Patriot intends to provide updates on the summer-fall drill program at the CV5, CV13, and CV9 spodumene pegmatites in the coming weeks. These updates will include detailed information on hole locations, attributes, and pegmatite intervals. While core sample assays for thirteen drill holes from CV5 have been reported, assays for over 140 drill holes from the same program are yet to be announced.
CEO's Comments and Acknowledgment

Blair Way, the Director, President, and CEO of Patriot, expressed enthusiasm for the recent accomplishments at the Corvette Property. Way highlighted the widest intercept to date and emphasized the consistent discovery of wide and high-grade pegmatite sections at CV5. He also expressed gratitude to the shareholders for their patience in receiving assay results due to shipping delays and laboratory disruptions caused by wildfires. Way assured shareholders that the situation is improving, and results will be announced in batches to ensure clarity in reporting.

The ongoing success at the Corvette Property underscores Patriot's commitment to harnessing the lithium potential in Quebec, Canada. These achievements pave the way for future exploration and development, bringing the company closer to its goal of contributing to the global demand for lithium resources.

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