Patriot Announces Final 2023 Drill Hole Results for the CV13 and CV9 Pegmatites, Corvette, Quebec, Canada

Patriot Announces Final 2023 Drill Hole Results for the CV13 and CV9 Pegmatites, Corvette, Quebec, Canada


Figure 9: Spodumene pegmatite from drill hole CV23-310. Approximately 1.0% Li2O over interval (82.5 m to 91.2 m) (CNW Group/Patriot Battery Metals Inc)


Figure 10: Spodumene pegmatite from drill hole CV23-333, including 7.7 m at 1.35% Li2O (146.0 m to 153.7 m) (CNW Group/Patriot Battery Metals Inc)


Figure 11: Coarse-grained spodumene crystals in matrix of smoky quartz and feldspar at 86 m depth from drill hole CV23-345. (CNW Group/Patriot Battery Metals Inc)


Table 1: Core assay summary for drill holes reported herein at the CV13 Spodumene Pegmatite. (CNW Group/Patriot Battery Metals Inc)


Table 2: Core assay summary for drill holes reported herein at the CV9 Spodumene Pegmatite. (CNW Group/Patriot Battery Metals Inc)


Table 3: Attributes for drill holes reported herein at the CV13 and CV9 spodumene pegmatites. (CNW Group/Patriot Battery Metals Inc)

CV13 Pegmatite

Best drill hole of 2023 program at the CV13 Spodumene Pegmatite.

28.7 m at 1.49% Li2O, including 20.4 m at 2.03% Li2O (CV23-311).
Represents new zone at shallow depth along the pegmatite’s eastern arm.
Represents area of significant pegmatite stacking.

Continued strong assays from western arm at CV13.

20.2 m at 1.16% Li2O, including 15.4 m at 1.49% Li2O (CV23-324).

Through 2023, the CV13 Spodumene Pegmatite has been traced by drilling over an approximate 2.3 km strike length and remains open along strike at both ends and to depth.
Core assay results are reported herein for the remaining 20 drill holes completed in 2023 at CV13.
An updated mineral resource estimate (“MRE”) for the Corvette Project, including both the CV5 and CV13 spodumene pegmatites, is planned for Q3 2024. The MRE update will focus on an increase in confidence from the inferred to indicated categories for CV5, as well as a maiden estimate for CV13.

CV9 Pegmatite

Wide intervals of variably mineralized spodumene-bearing pegmatite intersected in maiden drill program at the CV9 Spodumene Pegmatite.

99.9 m at 0.39% Li2O, including 30.6 m at 0.80% Li2O (CV23-345).
15.7 m at 0.76% Li2O, including 10.8 m at 1.00% Li2O (CV23-267).
17.9 m at 0.69% Li2O, including 8.6 m at 1.03% Li2O (CV23-310).
7.7 m at 1.35% Li2O (CV23-333).

The CV9 Pegmatite remains open along strike and at depth, with true widths of