Field Crews Re-mobilize for Summer-Fall Drill and Surface Exploration Programs, Corvette Property, Quebec
Patriot Battery Metals Inc.
Suite 700 - 838 W. Hastings Street, Vancouver, BC, Canada, V6C 0A6
www.patriotbatterymetals.com CSE: PMET / OTC: PMETF / FSE: R9GA
Field Crews Re-mobilize for Summer-Fall Drill and Surface
Exploration Programs, Corvette Property, Quebec
Vancouver, BC, Canada
Highlights
• Field crews have re- mobilized to the Corvette Property for commencement of the summer-
fall phase of its 2022 drill campaign
o Primary objective is to further delineate the main spodumene pegmatite body within
the 2+ km long CV5-1 Corridor
o Secondary objectives include drill testing of multiple other lithium pegmatite
occurrences identified on the Property
o Field crews will mobilize within the next two weeks for commencement of its 2022
surface exploration programs
o Surface exploration to consi st of surface mapping proximal to the known lithium
pegmatite occurrences, as well as prospecting of the more than 30 km trend that
remains unexplored for lithium pegmatite
June 2, 2022 – Patriot Battery Metals Inc. (the “Company” or “Patriot”) (CSE: PMET) (OTCQB:
PMETF) (FSE: R9GA) is pleased to announce that field crews have re- mobilized to site for the
commencement of the summer -fall phase of its 2022 drill campaign at the Corvette Property (the
“Property”). The Property is located proximal to the regional and all- weather Trans- Taiga Road and
powerline infrastructure, within the James Bay Region of Quebec.
The mobilization of drill crews, geological staff, and support staff follows a brief pause in drilling from
April 20th through late May to comply with regional restrictions on exploration activity over the period as
well as to allow for spring break-up. The Company utilized this time to further develop its geological model
of the main lithium pegmatite body(s) and corridor being drill tested – the CV1, CV2, CV5, and CV6
pegmatites – as well as further refine the next series of drill holes and finalize plans for the pending surface
exploration programs.
The winter -spring drill program was highly successful (4,345 m over 20 drill holes ), achieving all its
objectives, significantly expanding the mineralized pegmatite al ong strike and to depth. Specifically, the
drilling traced the pegmatite across the lake from CV5 towards CV1 – a strike length of at least 1,400
m – and also indicates that the pegmatite body is widening at depth. Drill results reported to date from
the program include 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 (CV22-017), and 1.17% Li 2O and 111 ppm Ta 2O5 over 33.8 m within a
wider zone of 0.80% Li2O and 118 ppm Ta2O5 over 95.8 m (CV22-019) (see news releases dated May 17th
and 24th, 2022). Core assays for the remaining sixteen (16) drill holes from the winter program remain to
be reported.
The main pegmatite body remains open to the southwest, the northeast, and at depth, with a significant
portion of the overall corridor of focus – containing the CV6, CV5, CV11, CV2, CV1, CV4, and CV7
pegmatite outcrops – remaining to be drill tested . To date, the main pegmatite body has been traced to a
vertical depth of a least 180 m (CV22-030) and additional pegmatite encountered down to a vertical depth
of approximately 265 m – ending in spodumene pegmatite.
The summer/fall phase of drilling is ant icipated to include at least 15,000 m of additional coring. This
drilling will focus on continued land-based infill and step-out holes at the CV5-1 corridor, as well as testing
new regional targets (see news release dated March 8th, 2022). The Company will add a third drill rig to the
program, expected to arrive by mid- July, as well as a l ake barge, which will allow continued focus on
delineating the main pegmatite body beneath the shallow glacial lake between the CV5 and CV1
pegmatites.
The surface component of the 2022 exploration program will commence in mid-June with detailed outcrop
mapping proximal to the known spodumene pegmatite outcrops present across the Property (CV1 through
CV12). This data will help with local structural and geological interpretation and allow for refined drill
hole targeting. Additionally, the new claim blocks recently acquired by the Company (Felix, Deca-Goose,
and Corvette East) will be prospected for lithium pegmatite. Historically, pegmatite outcrops have been
documented over these claim blocks; however, the large majority have not been assessed for lithium
mineralization, representing more than 25-30+ km of prospective trend.
About the CV Lithium Trend
The CV Lithium Trend is an emerging spodumene pegmatite district discovered by the Company in 2017
and spans the FCI West, FCI East, and Corvette claim blocks. The core area includes an approximate 2 km
long corridor (the CV5-1 Corridor), which is part of the more than 25-km long CV Lithium Trend extending
across the Property. It consists of numerous spodumene pegmatite occurrences, which include the CV1,
CV2, CV3, CV5, CV6, CV7, and CV11 pegmatites and has returned drill intercepts of 0.94% Li2O and 117
ppm Ta2O5 over 155.1 m (CF21- 002), and 2.22% Li 2O over 70.1 m, including 3.01% Li2O over 40.7 m
(CV22-017). Drilling to date indicates a principal pegmatite body of significant size and has been traced by
drilling over a distance of at least 1.4 km, and therefore, is considerably larger than that observed in outcrop.
The high number of well -mineralized pegmatites in this core area of the trend indicate a strong potential
for a series of relatively closely spaced/stacked, sub -parallel, and sizable spodumene -bearing pegmatite
bodies, with significant lateral and depth extent, to be present.
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.
About Patriot Battery Metals Inc.
Patriot Battery Metals Inc. is a mineral exploration company focused on the acquisition and development
of mineral properties containing battery, base, and precious metals.
The Company’s flagship asset is the Corvette Property, located proximal to the Trans -Taiga Road and
powerline infrastructural corridor in the James Bay Region of Québec. The land package hosts significant
lithium potential highlighted by t he CV5-1 spodumene pegmatite corridor with drill intercepts of 0.94%
Li2O and 117 ppm Ta 2O5 over 155.1 m (CF21-002), and 2.22% Li 2O over 70.1 m, including 3.01% Li2O
over 40.7 m (CV22-017). Additionally, the Property hosts the Golden Gap Trend with grab samples of 3.1
to 108.9 g/t Au from outcrop and 10.5 g/t Au over 7 m in drill hole, and the Maven Trend with 8.15% Cu,
1.33 g/t Au, and 171 g/t Ag in outcrop.
The Company also holds 100% ownership of the Freeman Creek Gold Property in Idaho, USA which hosts
two prospective gold prospects - the Gold Dyke Prospect with a 2020 drill hole intersection of 4.11 g/t Au
and 33.0 g/t Ag over 12 m, and the Carmen Creek Prospect with surface sample results including 25.5 g/t
Au, 159 g/t Ag, and 9.75% Cu.
The Company’s other assets include the Pontax Lithium-Gold Property, QC; and the Hidden Lake Lithium
Property, NWT, where the Company maintains a 40% interest, as well as several other assets in Canada.
For further information, please contact us at [email protected] Tel: +1 (778) 945- 2950 , or
visit www.patriotbatterymetals.com.
On Behalf of the Board of Directors,
“BLAIR WAY”
Blair Way, President, CEO, & Director
Disclaimer for Forward-Looking Information
This news release contains forward -looking statements and other statements that are not historical facts. Forward -looking statements are often
identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of
historical fact, included in this news release are forward -looking statements that involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from the Company’s expectations include the r esults of further exploration
and testing, and other risks detailed from time to time in the filings made by the Company with securities regulators, available at www.sedar.com.
The reader is cautioned that assumptions used in the preparation of any forward- looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties,
and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward -
looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and
actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by
this cautionary statement. The forward -looking statements contained in this news release are made as of the date of this news release and the
Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.
No securities regulatory authority or stock exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this
news release..