Patriot Extends Vega Zone with Standout Intercepts together with 9.7 m at 5.16% Li2O and 35.3 m at 2.40% Li2O
Blog

Patriot Extends Vega Zone with Standout Intercepts together with 9.7 m at 5.16% Li2O and 35.3 m at 2.40% Li2O







Patriot Extends Vega Zone with Standout Intercepts together with 9.7 m at 5.16% Li2O and 35.3 m at 2.40% Li2O
















































Desk 2: Attributes for drill holes reported herein on the CV13 Spodumene Pegmatite. (CNW Team/Patriot Battery Metals Inc.)
  • Important enlargement to the lately came upon high-grade Vega Zone on the CV13 Spodumene Pegmatite. Highlights from the 2024 iciness drill program come with:
    • 51.7 m at 1.77% Li2O, together with 9.7 m at 5.16% Li2O (CV24-525).
    • 35.3 m at 2.40% Li2O, together with 17.4 m at 3.12% Li2O (CV24-520).
    • 34.8 m at 1.87% Li2O, together with 19.1 m at 3.17% Li2O (CV24-524).
    • 41.5 m at 2.00% Li2O, together with 10.6 m at 3.50% Li2O (CV24-510).
  • Vega Zone is interpreted to be slightly flat-lying to shallowly dipping and near-surface, masking an department of ~380 m x 220 m with a real thickness of ~8 to 30+ m, hosted inside of a much broader mineralized pegmatite frame. It remainder at leisure in numerous instructions.
  • Effects for all drill holes finished right through the 2024 iciness program have now been reported – 50,961 m (121 holes) at CV5 and 11,557 m (45 holes) at CV13.
  • The Vega Zone is a key goal for the continued summer-fall drill program, with the mineralization delineated to while too much at leisure in numerous instructions.
  • Patriot remainder on time table for a Mineral Useful resource Estimate replace for the Corvette Venture in August 2024, together with each the CV5 and CV13 spodumene pegmatites.

Darren L. Smith, Patriot’s Vice President of Exploration feedback, “The final holes from our recently completed winter drill program at CV13 confirm a significant discovery of high-grade spodumene pegmatite at the Vega Zone, with high-grade mineralisation now defined over a significant area.”  

“With such high grades present at the Vega Zone – akin to what we see at the Nova Zone at CV5 – including a standout 9.7 m intercept grading over 5% Li2O, the new results clearly validate the considerable potential at CV13 as well as that of the larger mineralized system at Corvette. We intend to further delineate this discovery as part of our recently commenced summer-fall drill program,” added Mr. Smith.

Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is happy to announce the overall bundle of core assay effects from the CV13 Spodumene Pegmatite from its 2024 iciness drill program on the Corvette Quality, together with holes focused on the lately came upon high-grade Vega Zone.

The 100%-owned Corvette Quality (the “Property” or “Project”) is situated within the Eeyou Istchee James Bay patch of Quebec. The CV13 Spodumene Pegmatite is situated roughly 3 km west-southwest of the CV5 Spodumene Pegmatite, which hosts a maiden Mineral Useful resource Estimate (“MRE”) of 109.2 Mt at 1.42% Li2O Inferred1 and is positioned roughly 13.5 km south of the regional and all‑climate Trans-Taiga Street and powerline infrastructure.

Core assay effects for 16 drill holes, finished right through the 2024 iciness drill program on the CV13 Spodumene Pegmatite, are reported on this announcement (Determine 2 and Desk 1). That is the overall bundle of core assay effects for CV13 drill holes from this program. Highlights, each and every from the Vega Zone, come with:

  • 51.7 m at 1.77% Li2O, together with 9.7 m at 5.16% Li2O (CV24-525).
  • 35.3 m at 2.40% Li2O, together with 17.4 m at 3.12% Li2O (CV24-520).
  • 34.8 m at 1.87% Li2O, together with 19.1 m at 3.17% Li2O (CV24-524).
  • 41.5 m at 2.00% Li2O, together with 10.6 m at 3.50% Li2O (CV24-510).

Those 4 drill holes (CV24-510, 520, 524, and 525) have been finished as follow-up to the invention gap on the Vega Zone (CV24-470), which returned 34.4 m at 2.90% Li2O, together with 21.9 m at 3.58% Li2O (see information loose dated May 6, 2024), and drill holes reported on June 10, 2024 (CV24-498, 499, 507, and 513).

The top-grade intercept (of vital width) to while from CV13 is reported on this announcement from drill gap CV24-525 (9.7 m at 5.16% Li2O), which used to be the ultimate drill gap to focus on the Vega Zone right through the 2024 iciness program (Determine 5). This drill gap comprises 5 person core samples (each and every starting from 1.1 m to 2.0 m in width) with assays >5% Li2O, and 9 samples >3% Li2O. 

Geological modelling (see initial cross-sections in Determine 1, Determine 3, and Determine 4) signifies the Vega Zone to be slightly flat-lying to shallow dipping and near-surface (creation at ~100 m vertical intensity from floor), masking an department of roughly 380 via 220 m (drill gap intercept to drill gap intercept) with an interpreted true thickness of ~8 to 30+ m, hosted inside of a much broader slightly to strongly mineralized pegmatite frame. The Vega Zone remainder at leisure in numerous instructions following the 2024 iciness drill program.

The high-grade Vega Zone at CV13 Pegmatite is positioned roughly 6 km south-west and alongside geological development of the high-grade Nova Zone on the CV5 Pegmatite. Each zones proportion a number of similarities together with lithium grades and really coarse decimetre to metre dimension spodumene crystals (Determine 6). On the other hand, each pegmatite zones have distinct orientations wherein the Vega Zone is slightly flat-lying to shallow dipping year the Nova Zone is steeply dipping to vertical.  

Alongside the western arm of CV13, drill gap CV24-506 demonstrates that the pegmatite remainder mineralized and at leisure at intensity on this department with an intercept of 8.2 m at 1.14% Li2O (Determine 7). The important pegmatite on this department dips north-easterly at roughly 25° and levels in thickness from roughly 7 m to 19 m.

To while, the CV13 Spodumene Pegmatite, thru outcrop and drill gap knowledge, is showed to increase over a clash range of a minimum of 2.3 km and down-dip for no less than 400 m, and remainder at leisure at each ends and to intensity.

Effects for all drill holes finished right through the 2024 iciness program have now been reported – 50,961 m (121 holes) at CV5 and 11,557 m (45 holes) at CV13. An up to date MRE for the Corvette Venture, incorporating drilling thru April 2024 (i.e., finish of the 2024 iciness drill program) at each the CV5 and CV13 pegmatites, is scheduled for August 2024.

A follow-up drill program at CV13, involved in additional delineation of the high-grade Vega Zone, is these days underway as a part of this summer-fall drill program. Roughly 10,000 m of drilling is into consideration focused on the CV13 Spodumene Pegmatite’s Vega Zone and the quick hall eastwards in opposition to the CV5 Spodumene Pegmatite.

On the other hand, the main focal point and goal of the summer-fall program can be drilling on the CV5 Spodumene Pegmatite to help an building up in MRE self assurance from the Inferred section to the Indicated section. This paintings is designed to underpin a Mineral Useful resource Estimate of enough scale and self assurance (i.e., Indicated classification) to help the Feasibility Learn about for the Venture, which is these days scheduled for of completion in the second one 1/2 of 2025.

Core pattern assays for drill holes reported herein from the CV13 Spodumene Pegmatite are introduced in Desk 1 for all pegmatite intersections >2 m. Drill gap places and attributes are introduced in Desk 2.

1 The CV5 Mineral Useful resource Estimate (109.2 Mt at 1.42% Li2O and 160 ppm Ta2O5 Inferred) is reported at a cut-off grade of 0.40% Li2O with efficient while of June 25, 2023 (thru drill gap CV23-190). Mineral Sources aren’t Mineral Reserves as they don’t have demonstrated financial viability. Greatest lithium pegmatite useful resource within the Americas in response to contained LCE.

Trait Promise / Trait Regulate (QAQC)

A Trait Promise / Trait Regulate protocol following trade very best practices used to be integrated into this system and incorporated systematic insertion of quartz blanks and authorized reference fabrics into pattern batches at a fee of roughly 5%. Moreover, research of pulp-split pattern duplicates used to be finished to evaluate analytical precision, and exterior (secondary) laboratory pulp-split duplicates have been ready on the number one lab for next test research and validation.

All core samples accrued have been shipped to SGS Canada’s laboratory in Val-d’Or, QC, or Radisson, QC, for pattern preparation (code PRP90 particular) which contains drying at 105°C, overwhelm to 90% passing 2 mm, riffle break up 250 g, and destroy 85% passing 75 microns. The pulps have been shipped via breeze to SGS Canada’s laboratory in Burnaby, BC, the place the samples have been homogenized and therefore analyzed for multi-element (together with Li and Ta) the usage of sodium peroxide fusion with ICP-AES/MS end (codes GE_ICP91A50 and GE_IMS91A50).

In regards to the CV Lithium Pattern

The CV Lithium Pattern is an rising spodumene pegmatite district came upon via the Corporate in 2017 and is interpreted to span greater than 50 kilometres around the Corvette Quality. The core department contains the approximate 4.6 km lengthy CV5 Spodumene Pegmatite, which hosts a maiden Mineral Useful resource estimate of 109.2 Mt at 1.42% Li2O Inferred1.

To while, 8 (8) distinct clusters of lithium pegmatite were came upon around the Corvette Quality – CV4, CV5, CV8, CV9, CV10, CV12, CV13, and the lately came upon CV14. Given the proximity of a few pegmatite outcrops to each and every alternative, in addition to the shallow until guard within the department, it’s possible that one of the most outcrops might replicate a discontinuous floor publicity of a unmarried, higher pegmatite “outcrop” subsurface.

Certified/Competent Particular person

The guidelines on this information loose that pertains to exploration effects for the Corvette Quality is in response to, and slightly represents, knowledge compiled via Mr. Darren L. Smith, M.Sc., P.Geo., who’s a Certified Particular person as outlined via Nationwide Tool 43-101 – Requirements of Disclosure for Mineral Initiatives, and member in excellent status with the Ordre des Géologues du Québec (Geologist Allow quantity 01968), and with the Affiliation of Skilled Engineers and Geoscientists of Alberta (member quantity 87868). Mr. Smith has reviewed and authorized the technical knowledge on this information loose.

Mr. Smith is Vice President of Exploration for Patriot Battery Metals Inc. and holds ordinary stocks and choices within the Corporate.

Mr. Smith has enough enjoy, which is related to the manner of mineralization, form of storagefacility into consideration, and to the actions being undertaken to qualify as a Competent Particular person as described via the Australasian Code for Reporting of Exploration Effects, Mineral Sources and Ore Reserves (the JORC Code). Mr. Smith concurs to the inclusion on this information loose of the issues in response to his knowledge within the method and context by which it seems that.

About Patriot Battery Metals Inc.

Patriot Battery Metals Inc. is a hard-rock lithium exploration corporate involved in advancing its district-scale 100% owned Corvette Quality situated within the Eeyou Istchee James Bay patch of Quebec, Canada, and proximal to regional street and powerline infrastructure. The Corvette Quality hosts the CV5 Spodumene Pegmatite with a maiden Mineral Useful resource Estimate of 109.2 Mt at 1.42% Li2O Inferred1 and ranks as the most important lithium pegmatite useful resource within the Americas in response to contained lithium carbonate identical (LCE), and one of the crucial govern 10 biggest lithium pegmatite assets on the earth. Moreover, the Corvette Quality hosts more than one alternative spodumene pegmatite clusters that stay to be drill examined, in addition to vital disciplines of potential development that stay to be assessed.

1 The CV5 Mineral Useful resource Estimate (109.2 Mt at 1.42% Li2O and 160 ppm Ta2O5 Inferred) is reported at a cut-off grade of 0.40% Li2O with an Efficient Past of June 25, 2023 (thru drill gap CV23-190). Mineral Sources aren’t Mineral Reserves as they don’t have demonstrated financial viability. Greatest lithium pegmatite useful resource within the Americas in response to contained LCE.

For additional knowledge, please touch us at [email protected] or via calling +1 (604) 279-8709, or talk over with www.patriotbatterymetals.com. Please additionally the following the Corporate’s steady disclosure filings, to be had below its profile at www.sedarplus.ca and www.asx.com.au, for to be had exploration knowledge.

This information loose has been authorized via the Board of Administrators.

KEN BRINSDEN”                                          

Kenneth Brinsden, President, CEO, & Managing Director

Disclaimer for Ahead-looking Knowledge

This information loose comprises “forward-looking information” or “forward-looking statements” throughout the that means of acceptable securities rules and alternative statements that aren’t ancient info. Ahead-looking statements are incorporated to grant details about control’s tide expectancies and plans that permits buyers and others to have a greater figuring out of the Corporate’s industry plans and monetary efficiency and status.

All statements, alternative than statements of ancient reality incorporated on this information loose, in regards to the Corporate’s technique, month operations, technical checks, potentialities, plans and goals of control are forward-looking statements that contain dangers and uncertainties. Ahead-looking statements are generally known via phrases corresponding to “plan”, “expect”, “estimate”, “intend”, “anticipate”, “believe”, or permutations of such phrases and words or statements that positive movements, occasions or effects “may”, “could”, “would”, “might” or “will” be taken, happen or be accomplished. Ahead-looking statements on this loose come with, however aren’t restricted to, statements relating to: the of completion and loose of an up to date MRE at the Quality, the potential for the Vega Zone, statements with regards to the endurance of spodumene pegmatite at CV5, and statements concerning the chance that one of the most outcrops might replicate a discontinuous floor publicity of a unmarried, higher pegmatite “outcrop” subsurface.

Ahead-looking knowledge is based totally upon positive suppositions and alternative impressive elements that, if unfaithful, may reason the unedited effects, efficiency or achievements of the Corporate to be materially other from month effects, efficiency or achievements expressed or implied via such knowledge or statements. There may also be incorrect pledge that such knowledge or statements will end up to be correct. Key suppositions upon which the Corporate’s forward-looking knowledge is based totally come with that proposed exploration and mineral useful resource estimate paintings at the Quality will proceed as anticipated, and that exploration and construction effects proceed to help control’s tide plans for Quality construction.

Readers are cautioned that the foregoing listing isn’t exhaustive of all elements and suppositions which will have been impaired. Ahead-looking statements also are topic to dangers and uncertainties dealing with the Corporate’s industry, any of which will have a subject material opposed impact at the Corporate’s industry, monetary status, result of operations and enlargement potentialities. One of the dangers the Corporate faces and the uncertainties that would reason unedited effects to fluctuate materially from the ones expressed within the forward-looking statements come with, amongst others, the power to kill on plans with regards to the Corporate’s Venture, together with the timing thereof. As well as, readers are directed to rigorously evaluation the crystal clear chance dialogue within the Corporate’s most up-to-date Annual Knowledge Method filed on SEDAR+, which dialogue is integrated via reference on this information loose, for a fuller figuring out of the hazards and uncertainties that have an effect on the Corporate’s industry and operations.

Despite the fact that the Corporate believes its expectancies are based totally upon affordable suppositions and has tried to spot impressive elements that would reason unedited movements, occasions or effects to fluctuate materially from the ones described in forward-looking statements, there is also alternative elements that reason movements, occasions or effects to not be as expected, estimated or meant. There may also be incorrect pledge that forward-looking knowledge will end up to be correct, as unedited effects and month occasions may fluctuate materially from the ones expected in such knowledge. As such, those dangers aren’t exhaustive; on the other hand, they will have to be regarded as moderately. If any of those dangers or uncertainties materialize, unedited effects might range materially from the ones expected within the forward-looking statements discovered herein. Because of the hazards, uncertainties and suppositions inherent in forward-looking statements, readers will have to now not playground undue reliance on forward-looking statements.

Ahead-looking statements contained herein are introduced to effect aiding buyers in figuring out the Corporate’s industry plans, monetary efficiency and status and might not be suitable for alternative functions.

The forward-looking statements contained herein are made best as of the while hereof. The Corporate disclaims any goal or legal responsibility to replace or revise any forward-looking statements, whether or not because of unused knowledge, month occasions or differently, aside from to the level required via acceptable legislation. The Corporate qualifies all of its forward-looking statements via those cautionary statements.

Competent Particular person Observation (ASX Checklist Rule 5.22)

The mineral useful resource estimate on this loose used to be reported via the Corporate based on ASX Checklist Rule 5.8 on July 31, 2023. The Corporate confirms that, as of the while of this announcement, it isn’t acutely aware of any unused knowledge or knowledge verified via the competent person who materially impacts the tips incorporated within the announcement and that every one subject material suppositions and technical parameters footing the estimates within the announcement proceed to use and feature now not materially modified. The Corporate confirms that, as on the while of this announcement, the method and context by which the competent user’s findings are introduced have now not been materially changed from the actual marketplace announcement. 

Appendix 1 – JORC Code 2012 Desk 1 (ASX Checklist Rule 5.7.1)

Category 1 – Sampling Tactics and Information

Standards

JORC Code clarification

Statement

Sampling tactics  

  • Nature and constituent of sampling (eg abridge channels, random chips, or explicit specialised trade usual size gear suitable to the minerals below investigation, corresponding to ill gap gamma sondes, or hand-held XRF tools, and so on). Those examples will have to now not be taken as proscribing the extensive that means of sampling.
  • Come with connection with measures taken to assure pattern representivity and the best calibration of any size gear or programs impaired.
  • Facets of the resolution of mineralization which might be Subject material to the Family Document.
  • In circumstances the place ‘trade usual’ paintings has been achieved this could be slightly easy (eg ‘opposite move drilling used to be impaired to acquire 1 m samples from which 3 kg used to be pulverized to manufacture a 30 g price for hearth assay’). In alternative circumstances extra clarification is also required, corresponding to the place there may be coarse gold that has inherent sampling issues. Ordinary commodities or mineralization sorts (eg submarine nodules) might warrant disclosure of crystal clear knowledge.

 

  • Core sampling protocols meet trade usual practices.
  • Core sampling is guided via lithology as aspiring right through geological logging (i.e., via a geologist). All pegmatite periods are sampled of their entirety (half-core), regardless if spodumene mineralization is famous or now not (to bring to assure an impartial sampling method) along with ~1 to three m of sampling into the adjoining host rock (depending on pegmatite pause range) to “bookend” the sampled pegmatite.
  • The minimal person pattern range is generally 0.5 m and the utmost pattern range is generally 2.0 m. Focused person pegmatite pattern lengths are 1.0 to at least one.5 m.
  • All drill core is orientated to most foliation previous to logging and sampling and is abridge with a core noticed into half-core items, with one half-core accrued for assay, and the alternative half-core too much within the field for reference.
  • Core samples accrued from drill holes have been shipped to SGS Canada’s laboratory in Val-d’Or, QC, or Radisson, QC, for pattern preparation (code PRP90 particular) which incorporated drying at 105°C, overwhelm to 90% passing 2 mm, riffle break up 250 g, and destroy 85% passing 75 microns. Core pattern pulps have been shipped via breeze to SGS Canada’s laboratory in Burnaby, BC, the place the samples have been homogenized and therefore analyzed for multi-element (together with Li and Ta) the usage of sodium peroxide fusion with ICP-AES/MS end (codes GE_ICP91A50 and GE_IMS91A50).

 

Drilling tactics

  • Drill kind (eg core, opposite move, open-hole hammer, rotary breeze break out, auger, Bangka, sonic, and so on) and main points (eg core diameter, triple or usual tube, intensity of diamond tails, face-sampling bit or alternative kind, whether or not core is orientated and if that is so, via what mode, and so on).

 

  • NQ or HQ dimension core diamond drilling used to be finished for all holes. Core used to be now not orientated.

 

Drill pattern
cure

  • Form of recording and assessing core and chip pattern fixes and effects assessed.
  • Measures taken to maximise pattern cure and assure consultant nature of the samples.
  • Whether or not a dating exists between pattern cure and grade and whether or not pattern favor will have passed off because of preferential loss/achieve of excellent/coarse subject material.

 

  • All drill core used to be geotechnically logged following trade usual practices, and come with TCR, RQD, ISRM, and Q-Form. Core cure is excellent and generally exceeds 90%.

 

Logging

  • Whether or not core and chip samples were geologically and geotechnically logged to a degree of trait to help suitable Mineral Useful resource estimation, mining research and metallurgical research.
  • Whether or not logging is qualitative or quantitative in nature. Core (or costean, channel, and so on) pictures.
  • The whole range and share of the related intersections logged.

 

  • Upon receipt on the core shack, all drill core is pieced in combination, orientated to most foliation, metre marked, geotechnically logged (together with construction), alteration logged, geologically logged, and pattern logged on a person pattern foundation. Core field pictures also are accrued of all core drilled, irrespective of perceived mineralization. Explicit gravity measurements of pegmatite also are accrued at systematic periods for all pegmatite drill core the usage of the H2O immersion mode, in addition to choose host rock drill core.
  • The logging is qualitative via nature, and contains estimates of spodumene grain dimension, inclusions, and type mineral estimates.
  • Those logging practices meet or exceed tide trade usual practices.

 

Sub-sampling
tactics and
pattern preparation

  • If core, whether or not abridge or sawn and whether or not quarter, 1/2 or all core taken.
  • If non-core, whether or not riffled, tube sampled, rotary break up, and so on and whether or not sampled rainy or dried.
  • For all pattern sorts, the character, constituent and appropriateness of the pattern preparation method.
  • Trait regulate procedures followed for all sub-sampling phases to maximise representivity of samples.
  • Measures taken to assure that the sampling is consultant of the in situ subject material accrued, together with as an example effects for ground replica/second-half sampling.
  • Whether or not pattern sizes are suitable to the grain dimension of the fabric being sampled.

 

  • Drill core sampling follows trade very best practices. Drill core used to be saw-cut with half-core despatched for geochemical research and half-core too much within the field for reference. The similar aspect of the core used to be sampled to uphold representativeness.
  • Pattern sizes are suitable for the fabric being assayed.
  • A Trait Promise / Trait Regulate (QAQC) protocol following trade very best practices used to be integrated into this system and incorporated systematic insertion of quartz blanks and authorized reference fabrics (CRMs) into pattern batches at a fee of roughly 5% each and every. Moreover, research of pulp-split duplicates used to be finished to evaluate analytical precision, and exterior (secondary) laboratory pulp-split duplicates have been ready on the number one lab for next test research and validation at a secondary lab.
  • All protocols hired are regarded as suitable for the pattern kind and nature of mineralization and are regarded as the optimum method for keeping up representativeness in sampling.

 

Trait of assay
knowledge and laboratory
checks

  • The character, constituent and appropriateness of the assaying and laboratory procedures impaired and whether or not the method is thought of as partiality or general.
  • For geophysical gear, spectrometers, hand-held XRF tools, and so on, the parameters impaired in figuring out the research together with software manufacture and type, studying instances, calibrations elements carried out and their derivation, and so on.
  • Nature of constituent regulate procedures followed (eg requirements, blanks, duplicates, exterior laboratory tests) and whether or not applicable ranges of accuracy (ie shortage of favor) and precision were established.

 

  • Core samples accrued from drill holes have been shipped to SGS Canada’s laboratory in Val-d’Or, QC, or Radisson, QC, for usual pattern preparation (code PRP90 particular) which incorporated drying at 105°C, overwhelm to 90% passing 2 mm, riffle break up 250 g, and destroy 85% passing 75 microns. Core pattern pulps have been shipped via breeze to SGS Canada’s laboratory in Burnaby, BC, the place the samples have been homogenized and therefore analyzed for multi-element (together with Li and Ta) the usage of sodium peroxide fusion with ICP-AES/MS end (codes GE_ICP91A50 and GE_IMS91A50).
  • The Corporate depends upon each its interior QAQC protocols (systematic utility of blanks, qualified reference fabrics, and exterior tests), in addition to the laboratory’s interior QAQC.
  • All protocols hired are regarded as suitable for the pattern kind and nature of mineralization and are regarded as the optimum method for keeping up representativeness in sampling.

 

Verification of
sampling and
assaying

  • The verification of vital intersections via both separate or additional corporate staff.
  • The utility of twinned holes.
  • Documentation of number one knowledge, knowledge access procedures, knowledge verification, knowledge store (bodily and digital) protocols.
  • Speak about any adjustment to assay knowledge.

 

  • Durations are reviewed and compiled via the VP Exploration and Venture Managers previous to disclosure, together with a evaluation of the Corporate’s interior QAQC pattern analytical knowledge.
  • Information seize makes use of MX Vault device wherein core logging knowledge is entered immediately into the device for store, together with direct import of laboratory analytical certificate as they’re won. The Corporate employs diverse on-site and put up QAQC protocols to assure knowledge integrity and accuracy.
  • Changes to knowledge come with reporting lithium and tantalum of their oxide methods, as it’s reported in elemental method within the assay certificate. Formulation impaired are Li2O = Li x 2.153, and Ta2O5 = Ta x 1.221.

 

Location of information
issues

  • Accuracy and constituent of surveys impaired to find drill holes (collar and down-hole surveys), trenches, mine workings and alternative places impaired in Mineral Useful resource estimation.
  • Specification of the grid gadget impaired.
  • Trait and adequacy of topographic regulate.

 

  • Each and every drill gap’s collar has been surveyed with a RTK Trimble Zephyr 3.
  • The coordinate gadget impaired is UTM NAD83 Zone 18.
  • The Corporate finished a property-wide LiDAR and orthophoto survey in August 2022, which supplies high quality topographic regulate.
  • The constituent and accuracy of the topographic controls are regarded as enough for complex level exploration and construction, together with mineral useful resource estimation.

 

Information spacing and
distribution

  • Information spacing for reporting of Exploration Effects.
  • Whether or not the knowledge spacing and distribution is enough to determine the stage of geological and grade endurance suitable for the Mineral Useful resource and Ore Secure estimation process(s) and classifications carried out.
  • Whether or not pattern compositing has been carried out.

 

  • At CV5, drill gap collar spacing is dominantly grid based totally. A number of collars are generally finished from the similar habitat at various orientations focused on pegmatite pierce issues of ~50 to 100 m spacing.
  • At CV13, drill gap spacing is a mixture of grid based totally (at ~100 spacing) and fan based totally with more than one holes collared from the similar habitat. Due to this fact, collar places and gap orientations might range extensively, which replicate the assorted orientation of the pegmatite frame alongside clash.
  • At CV9, drill gap collar spacing is abnormal with various gap orientations and more than one collars at the identical habitat.
  • It’s interpreted that the huge majority of the drill gap spacing at each and every pegmatite is enough to help a mineral useful resource estimate.
  • Core pattern lengths generally dimension from 0.5 to two.0 m and moderate ~1.0 to at least one.5 m. Sampling is constant inside of all pegmatite encountered within the drill gap.

 

Orientation of information
when it comes to
geological construction

  • Whether or not the orientation of sampling achieves impartial sampling of conceivable constructions and the level to which that is recognized, bearing in mind the storagefacility kind.
  • If the connection between the drilling orientation and the orientation of key mineralized constructions is thought of as to have offered a sampling favor, this will have to be assessed and reported if subject material.

 

  • Incorrect sampling favor is predicted in response to construction throughout the mineralized frame.
  • The important mineralized our bodies are slightly undeformed and really competent, even if have some significant structural regulate.
  • At CV5, the important mineralized frame and adjoining lenses are steeply dipping to bring about indirect angles of intersection with true widths various in response to drill gap attitude and orientation of pegmatite at that specific intersection level. i.e., the dip of the mineralized pegmatite frame has permutations in a vertical sense and alongside clash, so the actual widths aren’t at all times obvious till a number of holes were drilled (on the suitable spacing) in any explicit drill-fence.
  • At CV13, the important pegmatite frame has a shallow various clash and northern dip.
  • At CV9, the orientation and geometry of the pegmatite isn’t neatly understood. The pegmatite is these days interpreted to be created from a unmarried important dyke, which outcrops at floor, has a steep northerly dip, and is slightly plunging to the east-southeast.

 

Pattern safety

  • The measures taken to assure pattern safety.

 

  • Samples have been accrued via Corporate workforce or its experts following explicit protocols governing pattern assortment and dealing with. Core samples have been bagged, positioned in huge supersacs for extra safety, palleted, and shipped immediately to Val-d’Or, QC, or Radisson, QC, being tracked right through cargo in conjunction with Chain of Custody. Upon arrival on the laboratory, the samples have been cross-referenced with the delivery manifest to substantiate all samples have been accounted for. On the laboratory, pattern luggage are evaluated for tampering.

 

Audits or evaluations

  • The result of any audits or evaluations of sampling tactics and knowledge.

 

  • A evaluation of the pattern procedures for the Corporate’s 2021 fall drill program (CF21-001 to 004) and 2022 iciness drill program (CV22-015 to 034) used to be finished via an Distant Competent Particular person and deemed enough and applicable to trade very best practices (mentioned in a technical record titled “NI 43-101 Technical Report on the Corvette Property, Quebec, Canada”, via Alex Knox, M.Sc., P.Geol., Factor Past of June 27th, 2022.)
  • A evaluation of the pattern procedures throughout the Corporate’s 2023 iciness drill program (thru CV23-190) used to be finished via an separate Competent Particular person with recognize to the CV5 Pegmatite’s maiden mineral useful resource estimate and deemed enough and applicable to trade very best practices (mentioned in a technical record titled ” NI 43‑101 Technical Report, Mineral Resource Estimate for the CV5 Pegmatite, Corvette Property” via Todd McCracken, P.Geo., of BBA Engineering Ltd., and Ryan Cunningham, M.Eng., P.Eng., of Primero Team Americas Inc., Efficient Past of June 25, 2023, and Factor Past of September 8, 2023.
  • Moreover, the Corporate regularly evaluations and evaluates its procedures to bring to optimize and assure compliance in any respect ranges of pattern knowledge assortment and dealing with.

 

Category 2 – Reporting of Exploration Effects

Standards

JORC Code clarification

Statement

Mineral tenement
and land tenure
condition

  • Sort, reference identify/quantity, location and possession together with oaths or subject material problems with 3rd events corresponding to joint ventures, partnerships, overriding royalties, local name pursuits, ancient websites, wasteland or nationwide terrain and environmental settings.
  • The protection of the tenure held on the month of reporting in conjunction with any recognized impediments to acquiring a licence to function within the department.

 

  • The Corvette Quality is created from 463 CDC claims situated within the James Bay Area of Quebec, with Patriot Battery Metals Inc. being the registered name holder for all the claims. The northern border of the Quality’s number one declare forbid is situated inside of roughly 6 km to the south of the Trans-Taiga Street and powerline infrastructure hall. The CV5 Spodumene Pegmatite is positioned roughly 13.5 km south of the regional and allclimate Trans-Taiga Street and powerline infrastructure. The CV13 and CV9 spodumene pegmatites are situated roughly 3 km west-southwest and 14 km west of CV5, respectively.
  • The Corporate holds 100% hobby within the Quality topic to diverse royalty responsibilities relying on actual acquisition oaths. DG Sources Control holds a 2% NSR (incorrect buyback) on 76 claims, D.B.A. Canadian Mining Space holds a 2% NSR on 50 claims (1/2 buyback for $2M), Osisko Gold Royalties holds a sliding scale NSR of one.5-3.5% on treasured metals, and a couple of% on all alternative merchandise, over 111 claims, and Azimut Exploration holds a 2% NSR on 39 claims.
  • The Quality does now not overlap any atypically delicate environmental disciplines or landscapes, or ancient websites to the information of the Corporate. There aren’t any recognized hinderances to running on the Quality, except for the goose harvesting season (generally mid-April to mid-Would possibly) the place the communities request helicopter gliding now not be finished, and doubtlessly wildfires relying at the season, scale, and site.
  • Declare expiry dates dimension from February 2025 to November 2026. 

 

Exploration achieved
via alternative events

  • Acknowledgment and appraisal of exploration via alternative events.

 

  • Incorrect core assay effects from alternative events are disclosed herein.
  • The latest separate Quality evaluation used to be a technical record titled “NI 43-101 Technical Report, Mineral Resource Estimate for the CV5 Pegmatite, Corvette Property, James Bay Region, Québec, Canada”, via Todd McCracken, P.Geo., of BBA Engineering Ltd., and Ryan Cunningham, M.Eng., P.Eng., of Primero Team Americas Inc., Efficient Past of June 25, 2023, and Factor Past of September 8, 2023.

 

Geology

  • Vault kind, geological surroundings and magnificence of mineralization.

 

  • The Quality overlies a huge portion of the Lac Guyer Greenstone Belt, regarded as a part of the bigger L. a. Grande River Greenstone Belt and is ruled via volcanic rocks metamorphosed to amphibolite facies. The declare forbid is dominantly host to rocks of the Guyer Team (amphibolite, iron formation, intermediate to mafic volcanics, peridotite, pyroxenite, komatiite, in addition to felsic volcanics). The amphibolite rocks that development east-west (most often steeply south dipping) thru this patch are bordered to the north via the Magin Formation (conglomerate and wacke) and to the south via an assemblage of tonalite, granodiorite, and diorite, along with metasediments of the Marbot Team (conglomerate, wacke). A number of regional-scale Proterozoic gabbroic dykes additionally abridge thru parts of the Quality (Lac Spirt Dykes, Senneterre Dykes).
  • The geological surroundings is potential for gold, silver, bottom metals, platinum crew components, and lithium over a number of other storagefacility types together with orogenic gold (Au), volcanogenic large sulfide (Cu, Au, Ag), komatiite-ultramafic (Au, Ag, PGE, Ni, Cu, Co), and pegmatite (Li, Ta).
  • Exploration of the Quality has defined 3 number one mineral exploration developments crossing dominantly east-west over huge parts of the Quality – Yellowish Pattern (gold), Maven Pattern (copper, gold, silver), and CV Pattern (lithium, tantalum). The CV5 and CV13 spodumene pegmatites are positioned throughout the CV Pattern. Lithium mineralization on the Quality, together with at CV5, CV13, and CV9, is seen to happen inside of quartz-feldspar pegmatite, that could be uncovered at floor as majestic sleep ‘whale-back’ landforms. The pegmatite is steadily very coarse-grained and off-white in look, with darker segments usually composed of mica and smoky quartz, and low tourmaline.
  • The lithium pegmatites at Corvette are labeled as LCT Pegmatites. Core assays and ongoing mineralogical research, coupled with ground mineral identity and assays, point out spodumene because the dominant lithium-bearing mineral at the Quality, and not using a vital petalite, lepidolite, lithium-phosphate minerals, or apatite provide. The pegmatites additionally raise vital tantalum values with tantalite indicated to be the mineral section.

 

Drill gap
Knowledge

  • A abstract of all knowledge subject material to the figuring out of the exploration effects together with a tabulation of please see knowledge for all Subject material drill holes:
    • easting and northing of the drill gap collar
    • elevation or RL (Lowered Degree – elevation above sea degree in metres) of the drill gap collar
    • dip and azimuth of the outlet
    • ill gap range and interception intensity
    • gap range.
  • If the exclusion of this knowledge is spot on at the foundation that the tips isn’t Subject material and this exclusion does now not detract from the figuring out of the record, the Competent Particular person will have to obviously provide an explanation for why that is the case.

 

  • Drill gap feature knowledge is incorporated in a desk herein.
  • Pegmatite intersections of <2 m aren’t generally introduced as they’re regarded as insignificant. 

 

Information aggregation
forms

  • In reporting Exploration Effects, weighting averaging tactics, most and/or minimal grade truncations (eg chopping of majestic grades) and cut-off grades are most often Subject material and will have to be said.
  • The place combination intercepts incorporate scale down lengths of majestic grade effects and longer lengths of low grade effects, the process impaired for such aggregation will have to be said and a few standard examples of such aggregations will have to be proven in trait.
  • The suppositions impaired for any reporting of steel identical values will have to be obviously said.

 

  • Area weighted averages have been impaired to calculate grade over width.
  • Incorrect explicit grade cap or cut-off used to be impaired right through grade width calculations. The lithium and tantalum range weighted moderate grade of all the pegmatite pause is calculated for all pegmatite periods over 2 m core range, in addition to upper grade zones on the discretion of the geologist. Pegmatites have inconsistent mineralization via nature, to bring about some periods having a little collection of poorly mineralized samples incorporated within the calculation. Non-pegmatite interior dilution is restricted to generally <3 m the place related and periods indicated when assays are reported.
  • Incorrect steel equivalents were reported.

 

Dating
between
mineralization
widths and
intercept lengths

  • Those relationships are in particular impressive within the reporting of Exploration Effects.
  • If the geometry of the mineralization with recognize to the drill gap attitude is understood, its nature will have to be reported.
  • If it isn’t recognized and best the ill gap lengths are reported, there will have to be a unclouded commentary to this impact (eg ‘ill gap range, true width now not recognized’).

 

  • At CV5, geological modelling is ongoing on a hole-by-hole foundation and as assays are won. On the other hand, tide interpretation helps a important, huge pegmatite frame of close to vertical to steeply dipping orientation, flanked via a number of subordinate pegmatite lenses (jointly, the ‘CV5 Spodumene Pegmatite’)
  • At CV13, geological modelling is ongoing on a hole-by-hole foundation and as assays are won. On the other hand, tide interpretation helps a important higher and decrease pegmatite frame, each and every trending sub-parallel to each and every alternative with a shallow northerly dip (jointly, the ‘CV13 Spodumene Pegmatite’)
  • At CV9, geological modelling is ongoing on a hole-by-hole foundation and as assays are won. On the other hand, tide interpretation signifies CV9 is created from a unmarried important dyke, which outcrops at floor, has a steep northerly dip, and is slightly plunging to the east-southeast. A clash range of 450 m has been delineated thru drilling and outcrop.
  • All reported widths are core range. True widths aren’t calculated for each and every gap because of the slightly huge drill spacing at this level of delineation and the standard abnormal nature of pegmatite, in addition to the assorted drill gap orientations. As such, true widths might range extensively from gap to gap.

 

Diagrams

  • Suitable maps and segments (with scales) and tabulations of intercepts will have to be incorporated for any vital discovery being reported Those will have to come with, however now not be restricted to a plan view of drill gap collar places and suitable sectional perspectives.

 

  • Please the following the figures incorporated herein in addition to the ones posted at the Corporate’s web site.

 

Balanced reporting  

  • The place complete reporting of all Exploration Effects isn’t practicable, consultant reporting of each high and low grades and/or widths will have to be practiced to keep away from deceptive reporting of Exploration Effects.

 

  • Please the following the desk(s) incorporated herein in addition to the ones posted at the Corporate’s web site.
  • Effects for pegmatite periods <2 m aren’t reported.

 

Alternative substantive
exploration knowledge

  • Alternative exploration knowledge, if significant and subject material, will have to be reported together with (however now not restricted to): geological observations; geophysical survey effects; geochemical survey effects; bulk samples – dimension and mode of remedy; metallurgical take a look at effects; bulk density, groundwater, geotechnical and rock traits; attainable deleterious or contaminating ingredients.

 

  • The Corporate is these days finishing web site environmental paintings over the CV5 and CV13 pegmatite department. Incorrect endangered plant life or fauna were documented over the Quality to while, and several other websites were known as doubtlessly appropriate for mine infrastructure.
  • The Corporate has finished a bathymetric survey over the shallow freezing pond which overlies a portion of the CV5 Spodumene Pegmatite. The pond intensity levels from <2 m to roughly 18 m, even if the vast majority of the CV5 Spodumene Pegmatite, as delineated to while, is overlain via generally <2 to ten m of H2O.
  • The Corporate has finished initial metallurgical checking out created from HLS and magnetic checking out, which has produced 6+% Li2O spodumene concentrates at >70% cure on each CV5 and CV13 pegmatite subject material, indicating DMS as a viable number one procedure method, and that each CV5 and CV13 may doubtlessly feed the similar procedure plant. A DMS take a look at on CV5 Spodumene Pegmatite subject material returned a spodumene pay attention grading 5.8% Li2O at 79% cure, strongly indicating attainable for a DMS best operation to be acceptable.
  • Diverse mandates required for advancing the Venture in opposition to financial research were initiated, together with however now not restricted to, environmental baseline, metallurgy, geomechanics, hydrogeology, hydrology, stakeholder engagement, geochemical characterization, in addition to transportation and logistical research.

 

Additional paintings

  • The character and scale of deliberate additional paintings (eg checks for lateral extensions or intensity extensions or large-scale step-out drilling).
  • Diagrams obviously highlighting the disciplines of conceivable extensions, together with the primary geological interpretations and month drilling disciplines, equipped this knowledge isn’t commercially delicate.

 

  • The Corporate intends to proceed drilling the pegmatites of the Corvette Quality, centered at the CV5 Pegmatite and adjoining subordinate lenses, in addition to the CV13 Pegmatite. A follow-up drill program on the CV9 Spodumene Pegmatite may be expected.   

 

SOURCE Patriot Battery Metals Inc.

Additionally from this supply




















Source link