Patriot Battery Metals Inc. (TSXV: PMET) (ASX: PMT) has obtained further positive core assay results for 14 additional drill holes from its 2022 drill campaign at its wholly owned Corvette Property in the James Bay Region of Quebec.
The primary drill area is focused at the CV5 Pegmatite, located approximately 13.5km south of the regional and all-weather Trans-Taiga Road and powerline infrastructure.
Highlights
Significant Drill Intercepts
• The widest, highest grade lithium drill intercept returned to date at the CV5 Pegmatite – drill hole CV22-083 – 156.9m at 2.12% Li2O (176.4 m to 333.4m), including 25.0m at 5.04% Li2O or 5.0m at 6.36% Li2O (CV22-083)
• Drill hole CV22-083 continues to extend mineralization eastwardly at the CV5 Pegmatite, and is interpreted to have intersected part of a large, high-grade ‘zone’ within the overall pegmatite that now has been defined by several drill holes, including CV22-017, 042, 066, and 083 over a strike length of at least 250m
o Extension of the high-grade zone eastwardly to be tested with the first series of drill holes as part of the 2023 winter drill programme
• The spodumene mineralization at the CV5 Pegmatite has been traced over a strike length of at least 2,200m through the 2021 and 2022 drill programmes. The mineralization remains open along strike at both ends and to depth along most of the pegmatite’s length
• Core assay results for 24 drill holes from the 2022 drill campaign remain to be reported – ten at the CV5 Pegmatite cluster and fourteen (14) at the CV13 Pegmatite cluster
“It is hard to find words to adequately describe the impressive nature of the lithium mineralization in drill hole CV22-083,” Darren Smith, Vice President of Exploration, said.
“Visual estimates of spodumene abundance may give you a sense, but assays are the true measure and have certainly astounded with this hole. As we move east, we are defining a significant high-grade zone at a coarse drill spacing of 50m to 100m.
“The recently commenced winter drill programme will continue to probe and delineate this area ahead of an initial mineral resource estimate planned for the first half of 2023. Drill hole CV22-083 has raised the bar ever higher with respect to the considerable potential at CV5 as we continue to delineate it, and by extension, the rest of the CV lithium district held by the Company that has yet to be drill tested.”
The 2022 drill campaign at Corvette has significantly expanded lithium mineralization at the CV5 Pegmatite. The drilling to date has largely been completed at approximately 100m spacing (down to ~50m in some places) with the principal spodumene pegmatite body (CV5), flanked by several secondary lenses, currently traced by drilling over a distance of at least 2,200m, remaining open along strike at both ends and to depth along most of its length.
Through 2022, the company has completed 95 NQ core size drill holes, totalling 27,470m, at targets along the CV Lithium Trend – 80 drill holes totalling 24,709m at the CV5 Pegmatite and proximal lenses, 14 drill holes totalling 2,647m at the CV13 Pegmatite cluster, and one drill hole totalling 114m at the CV12 Pegmatite cluster.
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