Patriot Battery Metals Announces Completion of Phase I Surface Prospecting and Geophysical Surveying at the Corvette-FCI Property, Quebec, Canada
Patriot Battery Metals Inc.
Suite 700 - 838 W. Hastings Street, Vancouver, BC, Canada, V6C 0A6
www.patriotbatterymetals.com CSE: PMET / OTC: RGDCF / FSE: R9GA
Patriot Battery Metals Announces Completion of Phase I Surface Prospecting and Geophysical
Surveying at the Corvette-FCI Property, Quebec, Canada
Vancouver, BC, Canada
September 13, 2021 – Patriot Battery Metals Inc. (the “Company” or “Patriot”) (CSE: PMET) (OTCQB: RGDCF) (FSE:
R9GA) is pleased to announce it has completed the first Phase of its surface exploration program, including
prospecting and a geophysical survey ( announced Aug 19, 2021 ) at the Company’s Corvette-FCI Property (the
“Property”), located in the James Bay Region of Quebec.
Blair Way, Company President and Director, comments: “We are marching forward on our programs at Corvette-FCI
and getting the work done. The surface sampling and geophysical survey has provided valuable information to assist
our targeting for the drill program commencing this month. It is exciting to be able to provide shareholders with these
updates on our progress in the field . As assay results are received and interpretati ons completed, we will provide
more details on our Corvette-FCI property.”
The primary objective of the surface prospecting and rock sampling was to follow-up on the Elsass and Lorraine
prospects discovered in 2019 along the Maven Cu-Au-Ag Trend, where surface sampling returned 3.63% Cu, 0.64 g/t
Au, & 52.3 g/t Ag (Elsass) and 8.15% Cu, 1.33 g/t Au, & 171 g/t Ag (Lorraine). Additionally, the field crew explored
the CV Lithiu m Trend where numerous occurrences of high -grade spodumene pegmatite have been discovered in
previous programs. The CV8 (4.44% Li 2O and 205 ppm Ta 2O5), CV9 (4.72% Li2O) and CV10 (1.33% Li 2O and 255 ppm
Ta2O5) spodumene pegmatites, situated on the FCI West claim block, were discovered while prospecting for new
gold occurrences in 2019.
A total of 98 surface rock samples were collected and have been submitted for geochemical analysis to Activation
Laboratories in Ancaster, ON . The surface work was successful in further prioritizing and ranking drill targets along
both the Maven Copper -Gold-Silver Trend and the CV lithium Trend. In addition, rock type descriptions and m odal
mineralogy suggest several new areas of copper and lithium mineralization have been discovered, as well as several
existing showings expanded.
The Company has also completed the induced polarization and resistivity (IP -Resistivity) geophysical survey across
the Maven Cu-Au-Ag Trend. IP-resistivity is a geophysical tool commonly used in gold and base metals exploration
and is often effective at qualifying drill targets , initially developed from surface mapping and sampling. Dynamic
Discovery Geoscience Ltd., an expert geophysical group based in Ottawa, ON, is now assisting in the interpretation
of this data.
The Company intends to complete a follow -up Phase II surface prospecting p rogram this fall once the geophysical
survey data, Phase I rock sample analytical data, and the KorrAI remote sensing data have been integrated and
analyzed. The integrated dataset will serve as a final layer to qualify and rank drill hole targets as well as outline new
targets areas to be ground truthed.
The Company notes that it has developed a COVID Management Plan for the program and will carry out its field
programs while adhering to all federal, provincial, and region al restrictions in place due to the COVID-19 pandemic.
Mineral exploration has been recognized as an essential service in Canada and the Province of Quebec.
Qualified Person
Darren L. Smith, M.Sc., P. Geo., Vice President of Exploration for the Company and Qualified Person as defined by
National Instrument 43-101, supervised the preparation of 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
projects containing battery, base and precious metals.
The Company’s flagship assets are the wholly owned Corvette Property and the FCI Property (held under Option
from O3 Mining Inc.) located in the James Bay Region of Québec, and the 100% owned Freeman Creek Gold Property,
located in Idaho, USA.
The Corvette-FCI Property includes the wholly owned Corvette claim block, and the FCI East and West claim blocks
held under Option from O3 Mining Inc. The claim blocks are contiguous, and host significant gold-silver-copper-PGE-
lithium potential highlighted by the Golden Gap Prospect 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, the Elsass and Lorraine prospects with 8.15% Cu, 1. 33 g/t Au, and 171 g/t Ag in
outcrop, and the CV1 Pegmatite Prospect with 2.28% Li2O over 6 m in channel.
The Freeman Creek Gold Property hosts two major advanced targets - 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.
In addition, the Company holds the Pontax Lithium-Gold Property, QC; the Golden Silica Property, BC; 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” “ADRIAN LAMOUREUX”
Blair Way, President & Director Adrian Lamoureux, CEO & Director
Disclaimer for Forward-Looking Information
Statements included in this announcement, including statements concerning our plans, intentions, and expectations, which are not historical in
nature are intended to be, and are hereby identified as, “forward -looking statements”. Forward-looking statements may be identified by words
including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward-looking
statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and
uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.
The Canadian Securities Exchange has not approved nor disapproved the contents of this news release