Patriot Battery Metals (TSXV: PMET) continues to hit significant intercepts at its Corvette lithium property in Quebec. The company last night released its latest results ahead of the market open on the Australian Securities Exchange.
The latest results consist of a total of ten drill holes conducted at the CV5 Pegmatite, where drilling was focused on the eastern extent of the cluster. Highlights from the results include:
- CV22-093: 52.2 metres of 3.34% Li2O (from 219.1 metres), including 15.0 metres of 5.10% Li2O
- CV22-097: 9.4 metres of 2.20% Li2O (from 114.3 metres)
- CV22-100: 131.2 metres of 1.96% Li2O (from 250.8 metres), including 57.0 metres of 2.97% Li2O
The highlight of the results, CV22-093, is said to have been the most easterly drill hole completed at the CV5 Pegmatite, and was conducted as a 100 metre step-out of hole CV22-083, which earlier this month was reported to have intersected 25.0 metres of 5.04% Li2O. The intersect is said to have confirmed the extension of the Nova Zone to the east, with strike now estimated at 350 metres, while remaining open to the east.
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READ: Patriot Battery Metals Hits 2.12% Li2O Over 156.9 Metres
CV5 as a whole meanwhile is said to be flanked by several secondary lenses, with the cluster traced over a length of at least 2,200 metres. The cluster meanwhile is said to remain open along strike and at depth for most of its length.
The release of the assays last night marks the conclusion of assays from the 2022 drill program conducted at CV5. Fourteen drill assays from the CV13 Pegmatite remain outstanding. Drilling meanwhile has resumed at the Corvette property under the 2023 drill campaign.
Patriot Battery Metals last traded at $12.40 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
