What Are the Key Findings from Patriot Battery Metals Inc.'s 2023 Drilling Program?
Patriot Battery Metals Inc.
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What Are the Key Findings from Patriot Battery Metals Inc.'s 2023 Drilling Program?

Patriot Battery Metals Inc. 's CV13 Spodumene Pegmatite: A Turning Point in Lithium Exploration

Patriot Battery Metals Inc. (Patriot), a key player in the lithium exploration sector, has recently released its comprehensive 2023 drilling program results for the CV13 Spodumene Pegmatite at the Corvette Property. This groundbreaking announcement reveals significant lithium oxide (Li2O) concentrations, marking a turning point in lithium exploration in the Eeyou Istchee James Bay region of Quebec.

Geographical and Geological Significance

The Corvette Property, wholly owned by Patriot, is strategically situated 3 km west-southwest of the CV5 Spodumene Pegmatite. It boasts a maiden mineral resource estimate of 109. 2 Mt at 1.

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42% Li2O inferred. Importantly, the property is in proximity to the regional Trans-Taiga Road and powerline infrastructure, enhancing its logistical and operational feasibility.

Geological Insights

The CV13 Spodumene Pegmatite, characterized by its distinctive geological structure, has been meticulously mapped through Figures 1 and 2, depicting drill holes and cross-sectional views of its geological model. These figures provide invaluable insights into the pegmatite’s composition and formation.

2023 Drilling Highlights

Patriot's 2023 drilling program has successfully completed 22 drill holes in the CV13 area. These holes primarily targeted the near-surface and downdip extensions of the principal pegmatite body. Notable results include:

26. 1 m at 1. 21% Li2O (CV23-286)
18. 3 m at 1. 33% Li2O (CV23-249)
19. 1 m at 1. 00% Li2O (CV23-250)
16. 4 m at 1. 51% Li2O (CV23-294)

Extending the High-Grade Zone

The drilling results have notably extended the previously identified higher-grade zone within the CV13 Spodumene Pegmatite. Drill hole CV23-271, for example, returned 10. 6 m at 1. 99% Li2O. This zone is now known to extend northeasterly along the eastern limb for at least 200+ meters.

Geological Modeling

The CV13 Pegmatite is geologically modeled as a principal “upper” dyke and a secondary “lower” dyke, with several sub-parallel dykes. The upper dyke, hosting the higher-grade zone, dips typically between 20-25° and has been traced to at least 300 m down-dip.

Future Exploration Plans

Patriot plans additional step-out drilling as part of the 2024 winter program. This includes targeting along strike and downdip of the principal pegmatite body, as well as delineation drilling at the higher-grade zone.

Data Analysis and QAQC

The core sample assays are detailed in Table 1, presenting pegmatite intersections over 2 m. Drill hole locations and attributes are available in Table 2. The company has processed the drill core backlog from the 2023 program, with final samples soon to arrive at the lab.

Quality Assurance and Control

Patriot has implemented a robust QAQC protocol, including systematic insertion of quartz blanks and certified reference materials, to ensure reliability and accuracy of the exploration data.

The CV Lithium Trend and Its Potential

The CV Lithium Trend, discovered in 2017, spans over 50 kilometers across the Corvette Property. It includes the CV5 Spodumene Pegmatite, one of the largest lithium pegmatite resources in the Americas and among the top 10 worldwide. This trend represents a significant potential for further lithium discoveries.

Corporate Profile: Patriot Battery Metals Inc.

Patriot Battery Metals Inc. is at the forefront of hard-rock lithium exploration. Its focus on the Corvette Property positions it as a significant player in the global lithium market. The company's commitment to advancing its projects is evident in its detailed exploration strategies and its adherence to best practices in reporting and exploration.

A New Era in Lithium Exploration

Patriot Battery Metals Inc. 's latest drilling results from the CV13 Spodumene Pegmatite signify a new era in lithium exploration. The promising concentrations of Li2O, coupled with the strategic location of the Corvette Property, position Patriot as a key contributor to the growing lithium market. As the world increasingly turns towards sustainable energy sources, Patriot's exploration efforts at the Corvette Property are not just a corporate success but a step towards a greener future.

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