Patriot Battery Metals Inc. is pleased to provide an update on the winter/spring component of its 2022 drill campaign program at its wholly owned Corvette Property, located in the James Bay Region of Quebec. The target drill area - at the CV Lithium Trend - is located approximately 13.5 km south of the regional and all-weather Trans-Taiga Road and powerline infrastructure. The winter/spring phase of the 2022 drill [...]
Patriot Battery Metals Inc. has completed a private placement of 6,000,000 units at a price of C$0.50 per unit for aggregate gross proceeds of C$3,000,000 . Each unit is comprised of one common share and one transferable common share purchase warrant exercisable for three years at a price of $0.75 . In addition to statutory four-month resale restrictions, the Units are subject to a contractual restriction on resale [...]
Patriot Battery Metals Inc. is pleased to announce that it has collared the first drill hole of the 2022 drill campaign at its wholly owned Corvette Property , located in the James Bay Region of Quebec. The target drill area - at the CV Lithium Trend - is located approximately 13.5 km south of the regional and all-weather Trans-Taiga Road and powerline infrastructure. The 2022 drill campaign will be completed in two [...]
Patriot Battery Metals Inc. is pleased to announce the results from the 2021 surface exploration program, as well as results for drill hole CF21-014, which targeted a new lithium pegmatite discovery - termed 'CV12' - in a new area of the Property, situated approximately 8.5 km west of the CV5-6 pegmatites. Field work was completed during late summer and fall of 2021, on the Company's flagship and wholly owned Corvette [...]
Patriot Battery Metals Inc. is pleased to announce it has mobilized the first of two drill rigs to commence the winter drill program at its wholly owned Corvette Lithium Property , located in the James Bay Region of Quebec. The target drill area at the CV Lithium Trend is located approximately 13.5 km south of the regional and all-weather Trans-Taiga Road and powerline infrastructure. The winter phase of the planned [...]
Patriot Battery Metals Inc. is pleased to announce that it has consolidated its land position at the Corvette Lithium Project, and now controls more than a 50 km strike length of the highly prospective La Grande Greenstone Belt, host to the CV lithium pegmatite trend. The Company has acquired the additional ground through multiple acquisitions as well as direct staking. Collectively, the Corvette Property is now comprised [...]
Patriot Battery Metals Inc. is pleased to announce it has received its drill permits and has formally engaged a drill contractor for a two drill rig exploration program to commence later this month at the Corvette1 Property located in the James Bay Region of Quebec. The winter phase of the 2022 drill exploration campaign will focus on further delineation of the CV5-6 spodumene pegmatites where the initial four drill holes [...]
Patriot Battery Metals Inc. is pleased to announce the assay results from the third and fourth holes of its inaugural drill program at the Company's Corvette-FCI Property , located in the James Bay Region of Quebec. The third drill hole targeted the CV5 Spodumene Pegmatite outcrop from the opposite side, on the same section, as the first drill hole . The fourth drill hole targeted the CV6 Pegmatite outcrop, which is [...]
Patriot Battery Metals Inc. is pleased to announce the assay results from the second hole of its inaugural drill program at the Company's Corvette-FCI Property , located in the James Bay Region of Quebec. The second drill hole targeted the eastern portion of the CV5 Spodumene Pegmatite outcrop, which forms part of the more than 25 km long CV Lithium Trend that is host to multiple spodumene pegmatite occurrences. Figures [...]
Patriot Battery Metals Inc. is pleased to announce it has earned its second 25% interest in the FCI Property, taking the Company to a 50% ownership as part of an Option Agreement with O3 Mining Inc. to earn up to a 75% interest . The FCI Property is comprised of two neighboring claim blocks , for a combined total of 111 claims , which are situated contiguous to the Company's wholly owned Corvette claim block, located in [...]
Patriot Battery Metals Inc. has completed a private placement of 17,973,856 units at a price of C$0.612 per unit for aggregate gross proceeds of C$10,999,999.87 . Each unit is comprised of one flow through common share and one common share purchase warrant exercisable for two years at a price of $0.75 . In addition to statutory four-month resale restrictions, the FT units are subject to a contractual restriction on resale [...]
Patriot Battery Metals Inc. has entered into a subscription agreement with PearTree Securities Inc. for the issuance of 17,973,856 units at a price of C$0.612 per unit for aggregate gross proceeds of C$11 million . Each unit will be comprised of one common share to be issued as a flow-through share and one common share purchase warrant exercisable for two years at a price of $0.75 . In addition to statutory four-month [...]