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    Home»Mining & Resources»Patriot Battery Metals Announces Promising Lithium Findings from Corvette Property Drillings
    Mining & Resources

    Patriot Battery Metals Announces Promising Lithium Findings from Corvette Property Drillings

    Alexander LeeBy Alexander LeeDecember 14, 2022Updated:August 17, 2024No Comments2 Mins Read
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    Patriot Battery Metals (TSX-V: PMET) has released core assay results for 12 additional drill holes at its wholly-owned Corvette lithium property in Canada. The company’s main focus has been on the CV5 pegmatite, situated about 13.5 kilometers south of the regional Trans-Taiga Road and powerline infrastructure in Quebec’s James Bay region.

    The drilling targeted mineralization at shallow to mid-level depths along a significant strike length of the pegmatite, with notable intercepts including 113.4m at 1.61% lithium oxide from 162.1m, 38m at 2.17% lithium, and 28.6m at 2.31% lithium.

    In one drill hole, 20 individual samples returned grades exceeding 3% lithium oxide, with two adjacent samples averaging 2m at 6.41% lithium and containing a large spodumene crystal. This crystal is believed to be the largest discovered at the property to date.

    Additionally, high-grade pegmatite in another hole extended to the surface, showing 39.9m at 1.30% lithium oxide from 69.9m, including 18m at 2.28% from shallow depths.

    Tantalum grades remain strong at the CV5 pegmatite, with individual 1m samples showing over 1,000 parts per million tantalum pentoxide in six of the 12 holes. High-grade lithium-tantalum intervals included 18m at 2.16% lithium oxide and 316ppm tantalum pentoxide, along with 42.2m at 1.52% lithium oxide and 300ppm tantalum pentoxide.

    Patriot anticipates further defining the tantalum zonation at Corvette with the return of all drill core assays. Tantalum is considered a secondary commodity of interest at the property, and the company plans to explore recovery into a marketable concentrate as they advance flowsheet studies.

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    Alexander Lee
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    Alexander is the founder and author of Microcaps.ca, a leading resource for investors interested in the micro-cap stock market. With a passion for uncovering hidden gems in the world of small-cap stocks, Alexander combines in-depth research with years of experience in the financial markets to provide readers with valuable insights and timely analysis. Investors should conduct their own research or consult with a qualified investment advisor before making any investment decisions. The author of this article is not responsible for any gains or losses incurred from investing in companies mentioned.

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