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Colin Hay


Patriot Battery Metals (ASX: PMT) has extended the CV5 spodumene pegmatite over a 4.4 km strike length with new drill results from the 2023 program completed at the at the Corvette Property in the James Bay region of Quebec.

The core area includes the approximate 4.4 km long CV5 Spodumene Pegmatite, which hosts a maiden mineral resource estimate of 109.2 Mt at 1.42% Li2O inferred.

To date, seven distinct clusters of lithium pegmatite have been discovered across the Corvette Property – CV4, CV5, CV8, CV9, CV10, CV12, and CV13. Given the proximity of some pegmatite outcrops to each other, as well as the shallow till cover in the area, it is probable that some of the outcrops may reflect a discontinuous surface exposure of a single, larger pegmatite “outcrop” subsurface.

CV5 Spodumene Pegmatite has a maiden mineral resource estimate of 109.2 Mt at 1.42% Li2O inferred.

The latest drill results are for 12 drill holes completed in 2023 primarily targeting the western extension of CV5 (CV23-236, 243, 248, 259, and 268), as well as resource infill to improve the confidence of the geological model to support an upgrade of mineral resources from the inferred category to the indicated category (CV23-246, 251, and 256).

Several holes were also completed over the eastern, near-surface areas of CV5 to test for an up-dip extension of the principal pegmatite body to surface (CV23-244, 252, and 260), as well as a hydrogeology hole (CV23-262) situated immediately south of CV5 and within the conceptual open-pit.

Drilling over the western extension was very successful and confirms well-mineralised spodumene pegmatite at CV5 continues along strike westwardly

Drilling over the eastern areas of CV5 with the objective of tracing the pegmatite to surface, partially outside of the 2023 mineral resource estimate block model, was met with limited success.

Several drill holes are planned during the ongoing winter 2024 programme to further delineate this area.

In addition to infill, further step-out drilling is planned at the CV5 Spodumene Pegmatite as part of the 2024 winter program currently underway at the Property. Approximately 3 km of highly prospective geological trend remains to be drill tested between the CV5 and CV13 pegmatites.

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