Patriot Drills 70.1 m of 2.22% Li2O including an interval 40.7 m of 3.01% Li2O in First Drill Hole to Test the CV1 Pegmatite at the East End of the Winter Drilling Corridor at the Corvette Property, Quebec

Highlights

• Strongest lithium grades to date returned from drilling at the Property in first hole (CV22-017) to test the CV1 Pegmatite
  • 3.01% Li₂O and 160 ppm Ta₂O₅ over 40.7 m within a wider zone of 2.22% Li₂O and 147 ppm Ta₂O₅ over 70.1 m. The interval includes,
    • Nine (9) samples assaying >4% Li₂O to a peak of 6.35% Li₂O over 0.92 m.
    • Five (5) samples assaying >400 ppm Ta₂O₅ to a peak of 1,120 ppm Ta₂O₅ over 1.0 m.
• Drill hole targeted the CV1 Pegmatite, located approximately 1.1 km northeast of and on trend with the CV5 Pegmatite.
  • Geological modelling indicates the mineralized intercept in hole CV22-017 (70.1 m) is part of the main pegmatite body trending through the CV5-1 Pegmatite corridor.
• Core assays for additional fifteen (15) drill holes from the winter/spring program remain to be reported.
• The summer/fall drill program will resume in early June to progress the infill drilling of the CV5-1 Pegmatite corridor with two drill rigs, including follow-up of the high-grade zone returned at CV22-017. The drilling will further test the mineralized trend along strike, which is currently open to the east, west, and at depth.
• The third drill rig will target the other spodumene pegmatite outcrops identified through exploration to date, and any new discoveries identified as part of the 2022 surface exploration program.
• Surface exploration will include detailed outcrop mapping proximal to the known spodumene pegmatites to further refine drill hole targeting, as well as prospecting of the recently acquired Property blocks to identify and characterize pegmatite outcrops present with the objective to find additional lithium pegmatites.

VANCOUVER, British Columbia, May 24, 2022 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the “Company” or “Patriot”) (CSE: PMET) (OTCQB: PMETF) (FSE: R9GA) is pleased to announce analytical results for CV22-017, the first hole completed by Rig #2 during the winter/spring drill program at the Company’s wholly owned Corvette Property (the “Property”).