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 - Seite 3

The 2021 drill program, completed in September-October, included fifteen (15) holes totalling 2,048 m spread over two prospective trends – the CV Lithium Trend (872 m over 5 holes) and the Maven Copper-Gold-Silver Trend (1,177 m over 10 holes). Assays for the remaining drill holes have not yet been received, with all core samples in process at the analytical lab.

Quality Assurance / Quality Control (QAQC)

A Quality Assurance / Quality Control protocol following industry best practices was incorporated into the program and included systematic insertion of quartz blanks and certified reference materials into sample batches, as well as collection of quarter-core duplicates, at a rate of approximately 5%. The Company also intends to submit approximately 5% of the core samples for check analysis at a secondary lab. A total of 1,766 samples, including QAQC, have been submitted for geochemical analysis to the primary lab.

Drill hole CF21-001 was sampled from top to bottom (2.28 m to 229.14 m), for a total of 261 samples including QAQC, and were shipped to Activation Laboratories in Ancaster, ON for analysis. Core samples collected were submitted for multi-element analysis (including lithium) by four-acid digestion with ICP-OES finish (package 1F2) and tantalum by INAA (code 5B), with any samples returning >8,000 ppm lithium by 1F2 reanalysed for lithium by code 8-4 Acid ICP Assay. Industry standard drill core sample preparation was completed and was comprised of crushing to 80% passing 10 mesh, followed by a 250 g riffle split and pulverizing to 95% passing 105 µ (package RX1).

The Company notes that it carried out its field programs while adhering to all federal, provincial, and regional restrictions in place due to the COVID-19 pandemic, and successfully navigated the process to enter the James Bay Region to complete its planned field activities. Mineral exploration has been recognized as an essential service in Canada and the Province of Quebec. The Company is also pleased to report that no cases of COVID-19 were documented with respect to the 2021 exploration program.

Figure 1: Drill hole locations – CV5-6 pegmatites
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Qualified Person

Darren L. Smith, M.Sc., P.Geo., Vice President of Exploration of the Company, a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by National Instrument 43-101, has reviewed the technical information in this news release.