Patriot Battery Metals Drills 0.93% Li2O over 146.8 m, including 1.09% Li2O over 73.0 m, in First Drill Hole at the Corvette-FCI Property, James Bay, QC
VANCOUVER, British Columbia, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the “Company” or “Patriot”) (CSE: PMET) (OTCQB: RGDCF) (FSE: R9GA) is pleased to
announce the assay results from the first hole of its inaugural drill program at the Company’s Corvette-FCI Property (the “Property”), located in the James Bay Region of Quebec. The first drill
hole (CF21-001) targeted the CV5 Spodumene Pegmatite, which is part of the more than 25 km long CV Lithium Trend. Core sample assay highlights are outlined in Table 1 and include:
- 0.93% Li2O and 114 ppm Ta2O5 over 146.8 m (from 26.0 to 172.8 m), including
- 1.09% Li2O and 108 ppm Ta2O5 over 73.0 m, and
- 1.04% Li2O and 145 ppm Ta2O5 over 54.6 m
- 1.39% Li2O and 107 ppm Ta2O5 over 11.5 m (from 202.0 to 213.4 m)
Blair Way, Company President and Director, comments: “We are thrilled by these assay results from our first drill hole at the CV5 Pegmatite. The results have greatly exceeded our expectations and confirm we have identified a lithium pegmatite of considerable size and grade potential. We are very excited for the pending assays of the remaining two (2) drill holes completed at CV5 as well as the single drill hole completed at CV6, located approximately 500 m along strike, each of which intersected significant widths of spodumene mineralization.”
The first drill hole of the program (CF21-001) was collared approximately 30 m back from CV5 and returned a 146.8 m interval of near continuous pegmatite, assaying 0.93% Li2O and 114 ppm Ta2O5, including 1.09% Li2O and 108 ppm Ta2O5 over 73.0 m, and 1.04% Li2O and 145 ppm Ta2O5 over 54.6 m. This interval returned numerous samples over 2.0% Li2O, including a peak assay of 4.16% Li2O and 233 ppm Ta2O5 over 1.01 m. Additional assay highlights are presented below in Table 1, as well as Figure 1.
Table 1: Core sample assay highlights from drill hole CF21-001 at the CV5 Pegmatite
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The outcrop exposure of the CV5 Pegmatite trends for approximately 220 m and varies between 20-40 m in width; however, its orientation is not well constrained. Based on the recent drilling, the CV5 Pegmatite does not appear to conform to the dip of the regional geology as measured at surface, and thus additional drilling is required to constrain the contact of the pegmatite with the host rock. Therefore, at this time, true thickness of the pegmatite body is not known.