Patriot Provides Operational Update On The Work Programs At The Corvette Property, Quebec, Canada

(MENAFN- GlobeNewsWire - Nasdaq) Summary:

  • The Province of Quebec has requested exploration companies to cease field activities due to very high forest fire risk over a large part of the province which includes the Corvette Property.
  • The Company has ceased field exploration operations but will continue to process core from the drill holes completed to date and advance the camp construction activities in respect of the government requirements.
  • The Company will continue to monitor the situation and provide further updates as it evolves.

VANCOUVER, British Columbia and SYDNEY, Australia, June 04, 2023 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the“Company” or“Patriot”) (TSX-V: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) provides this update on its work programs and the impact of the current forest fire situation in Quebec the Company's operations. The Company commenced the 2023 summer-fall drill and surface exploration programs in late May at its wholly owned Corvette Property (the“Property” or“Project”), located in the Eeyou Istchee James Bay region of Quebec.

The 2023 summer-fall exploration includes both a drill and surface exploration program which commenced at the Property in late May. The multi-rig drill program is targeting further delineation of the CV5 and CV13 pegmatites, as well as drill testing of other previously identified spodumene pegmatite clusters (i.e., CV4, CV8-12, CV9, and CV10). The surface program comprises mapping of the known spodumene pegmatite clusters and local trends as well as prospecting and rock sampling across a large portion of the remaining 20+ km of prospective lithium pegmatite trend.

The recent restrictions imposed by the Quebec government, as a result of the regional forest fire situation, is directly impacting our exploration operations and, therefore, the Company has temporarily ceased drilling and surface exploration field activities until the situation improves. The Company continues to process drill core from holes completed at the Property in May 2023 as well as advance the exploration camp construction activities. The Company is actively monitoring the situation to ensure all Company activities are compliant with respective governmental decrees and to ensure the safety of personnel associated with the Property. The Company will provide further updates as information becomes available.

About Patriot Battery Metals Inc.

Patriot Battery Metals Inc. is a hard-rock lithium exploration company focused on advancing its district-scale 100% owned Corvette Property located in the Eeyou Istchee James Bay region of Quebec, Canada. The Corvette Property is one of the largest and highest-grade hard rock lithium projects being explored, with over 50 kilometres of strike length over a 214 square kilometre land package and over 70 lithium bearing pegmatite outcrops identified to date.

The Corvette Property is situated proximal to the all-weather Trans Taiga Road and Hydro-Québec power line infrastructure in the Eeyou Istchee James Bay region of Quebec. The Property hosts significant lithium potential highlighted by the CV5 Pegmatite, which has been traced by drilling over a strike length of at least 3.7 km with spodumene pegmatite encountered as deep as 425 m vertical depth.


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