Patriot Completes Logging of Drill Core from Winter Drill Program That Confirms Wide Zones of Pegmatite over a 1.4 Km Strike Length
Patriot Battery Metals Inc.
Suite 700 - 838 W. Hastings Street, Vancouver, BC, Canada, V6C 0A6
www.patriotbatterymetals.com CSE: PMET / OTC: PMETF / FSE: R9GA
PATRIOT COMPLETES LOGGING OF DRILL CORE FROM WINTER DRILL
PROGRAM THAT CONFIRMS WIDE ZONES OF PEGMATITE OVER A 1.4 KM
STRIKE LENGTH
Vancouver, BC, Canada
Highlights
• Final geological logging of the winter 2022 drill program has identified spodumene mineralization over
varying intervals in each1 drill hole completed
• Wide intervals of continuous pegmatite intersected in multiple drill holes (<2 m to 135.7 m) with the
main pegmatite body interpreted to be widening with depth
• Spodumene pegmatite has been logged as far down as approximately 265 m vertical depth (CV22-034),
with the hole ending in spodumene pegmatite
• The logging of the winter program drill core (4,345 m over 20 holes) has informed the planning of an
approximate 15,000 m summer/fall drill program starting in early June 2022, which has been increased
to three (3) drill rigs, with objectives to:
o Infill drill the current approximately 1,400 m strike , which has now been tested at
approximately 100 m spacing
o Drill step outs along strike at both ends and to depth, all of which the pegmatite remains open
o Explore further and drill test other spodumene pegmatite outcrops identified on the Property
April 28, 2022 – Patriot Battery Metals Inc. (the “Company” or “Patriot”) (CSE: PMET) (OTCQB: PMETF )
(FSE: R9GA) is pleased to provide additional information from its recently concluded winter/spring component of
the 2022 drill campaign at its wholly owned Corvette Property (the “Property”). The area of drilling focus along the
CV Lithium Trend is located approximately 13.5 km south of the regional and all -weather Trans -Taiga Road and
powerline infrastructure, within the James Bay Region of Quebec.
As outlined in news release dated April 21st, 202 2, geological 3D modelling of the drill holes completed to date
indicates that pegmatite continues across the lake from CV5 towards CV1 – a strike length of at least 1,400 m –
and that the pegmatite body is widening at depth. The 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 pegmatites – remaining to be drill tested (Figure 1). 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 (CV22-034). Analysis of drill core sample s, collected from the 2022 holes , is pending. The
Company is using SGS Canada (Lakefield, ON, and Burnaby, BC facilities) as their primary analytical lab.
A summary of drill holes completed to date in 2022, along with logged pegmatite intercepts greater than two (2)
metres, are presented in Table 1. Drill hole locations and c ross-sections, based on drill and surface data collected to
date, are presented in Figures 1 and 2, respectively.
The final drill hole of the program, CV22 -034, was paused in spodumene pegmatite (field identified) – and the drill
put on temporary standby – to respect a regional pause in exploration activities as requested by the local communities
to accommodate the goose hunting season. The exploration activities at Corvette will resume in early June, where drill
hole CV22-034 will be continued.
Detailed planning is underway for the remaining approximately 15,000 m campaign to be completed over the
summer/fall period. This drilling will focus on continued land- based infill and step -out holes around CV5- 6 and
CV1-2, as well as testing new regional targets (see news release dated March 8 th, 2022). The Company has secured a
third drill rig at Corvette for June/July, which will enable in creased production during the summer/fall program. The
third rig will also allow for a continued two rig focus at the CV5 -CV1 drill corridor as well as provide a drill rig for
consistent focus on regional spodumene pegmatite targets.
The aggressive 2022 drill campaign is being completed as a direct follow -up to the strong lithium -tantalum
mineralization encountered in the first four (4) drill holes to test the CV5 -6 pegmatite this past fall. Drill intercept
highlights include 155.1 m at 0.94% Li 2O and 117 ppm Ta2O5 (CF21-002), and 58.1 m at 1.25% Li 2O and 194 ppm
Ta2O5 (CF21-003) (see news releases dated January 27th and February 3rd, 2022).
The winter/spring phase of the 2022 drill campaign began in late February with two diamond drill rigs, which remain
on site in preparation for the summer/fall phase of the drilling expected to commence in early June. A total of twenty
(20) NQ size diamond drill holes ( 4,345 m) were completed during the winter/spring phase and included seventeen
(17) holes collared over ice, and three (3) holes collared over land. The primary objective of the winter/spring drill
program was to test for mineralized pegmatite along strike from surface outcrops, potentially connecting the CV5-6
pegmatites with the CV1-2 pegmatites, as well as testing the mineralization at depth. Geological modelling, based on
drilling to date, indicates the target pegmatite has a strike length of at least 1,400 m and is widening at depth. All 2022
drill core analysis is pending, although spodumene has been field identified all 1 2022 drill holes completed to date.
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 regional 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.
Table 1: Pegmatite intercepts (> 2 m) logged in 2022 drill holes at the Corvette Property
Hole ID Land/Ice Line Location Azimuth (°) Dip (°) From (m) To (m) Interval (m)1
CV22-015 Ice 1850E-350N 158 45 27.1 75.1 48.0
CV22-016 Ice 1850E-450N 158 45 89.2 210.0 120.8
162.8 235.8 73.0
269.9 272.1 2.2
54.2 68.8 14.6
73.3 82.4 9.1
CV22-019 Ice 1950E-450N 158 45 108.5 207.3 98.9
CV22-020 Ice 2900E-240N 2 338 45 38.8 50.1 11.3
CV22-021 Ice 2900E-240N 2 158 45 68.8 72.0 3.3
31.4 53.8 22.4
77.3 80.9 3.7
CV22-023 Ice 2550E-250N 338 45 117.9 120.6 2.7
CV22-024 Ice 2150E-350N 158 45 45.5 66.4 20.8
22.7 85.3 62.6
90.6 97.5 6.8
33.9 36.6 2.7
47.1 59.4 12.2
71.8 147.0 75.2
37.4 51.7 14.3
55.1 107.5 52.4
78.9 81.0 2.1
132.0 232.9 100.9
CV22-029 Ice 2450E-350N 158 45 8.0 127.1 119.1
86.4 222.1 135.7
226.6 239.2 12.6
CV22-031 Ice 2250E-450N 158 45 107.9 195.2 87.3
CV22-032 Land 1500E-475N 158 45
19.8 25.0 5.1
128.7 145.5 16.8
149.3 194.7 45.4
81.3 87.6 6.3
92.7 99.5 6.8
143.3 145.8 2.4
173.5 178.9 5.4
183.4 187.3 3.9
237.3 255.0 17.7
273.2 277.3 4.0
323.1 326.7 3.6
328.7 Open3
CV22-018 Ice 1950E-350N 158 45
CV22-017 Ice 2850E-400N 158 45
CV22-022 Ice 2050E-350N 158 45
CV22-026 Ice 2550E-250N - 90
CV22-025 Ice 2250E-350N 158 45
Hole lost at depth due to drilling conditions
CV22-027 Ice 2350E-350N 158 45
CV22-028 Ice 2350E-450N 158 45
CV22-030 Ice 1750E-450N 158 45
(1) All intervals are core length. True width is not known
(2) Approximate pad location noted as drill hole was slightly off-grid
(3) Hole put on temporary standby in spodumene pegmatite to comply with regional request to pause exploration activities for
approximately six weeks to accommodate goose hunting season. Hole to be continued upon re-commencment of drilling in June.
CV22-033 Land 2750E-350N 158 45
CV22-034 Land 1500E-475N 158 55
Figure 1: 2022 drill hole collar locations
Figure 2: Series of cross-section interpretations based on drilling to date targeting the CV5 to CV1 pegmatite
corridor. Blue colour is pegmatite. Core sample assay results are pending for all 2022 pegmatite intervals.
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, which
is part of the more than 25 -km long and Property -wide CV Lithium Trend. It consists of numerous spodumene
pegmatite occurrences, which include the CV1, CV2, CV3, CV5, CV6, and CV7 pegmatites, highlighted by the CV5
Pegmatite – a large (~220 m long and 20- 40 m wide), well- mineralized outcrop with drill intercepts of 155.1 m at
0.94% Li2O and 117 ppm Ta 2O5 (CF21-002), and 58.1 m at 1.25% Li 2O and 194 ppm Ta 2O5 (CF21-003). Drilling
indicates a pegmatite body approximating 60 m in true width (at CF21-001 and 003), and therefore 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.
1. No pegmatite or spodumene mineralization was logged in drill hole CV22- 032. This hole was lost at depth due to drilling
conditions, prior to reaching its target.
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, which includes the wholly owned Corvette, FCI East, FCI
West, Deca-Goose, Felix, and Corvette East claim blocks, located in the James Bay Region of Québec. The land
package hosts significant lithium po tential highlighted by the CV5- 6 spodumene pegmatite with drill intercepts of
0.94% Li2O and 117 ppm Ta2O5 over 155.1 m (CF21-002), and 1.25% Li2O and 194 ppm Ta2O5 over 58.1 m at (CF21-