Patriot Receives Best Emerging Company Award at Diggers & Dealers Mining Forum in Australia
Patriot Battery Metals Inc.
Suite 700 - 838 W. Hastings Street, Vancouver, BC, Canada, V6C 0A6
www.patriotbatterymetals.com TSX-V: PMET / ASX: PMT / OTC: PMETF / FSE: R9GA
Patriot Receives Best Emerging Company Award
at Diggers & Dealers Mining Forum in Australia
August 11, 2023 – Vancouver, BC, Canada
Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX -V: PMET | ASX: PMT |
OTCQX: PMETF | FSE: R9GA) is pleased to announce that it has received the 2023 Best
Emerging Company Award at the Diggers and Dealers Mining Forum in Kalgoorlie, Australia.
Blair Way, Patriot’s President and CEO comments, “ This award acknowledges the tremendous
effort of our entire team and their unwavering dedication. In very short order since our discovery
hole in 2021 we have confirmed the Corvette Lithium Project in Quebec as the largest hard rock
lithium discovery in the Americas and the eight l argest in the world. This is a fantastic
accomplishment that was validated by our recently announced maiden resource estimate .
However, we are just getting started, as less than five kilometres have been drilled thus far over
the property’s district scale 50- kilometre trend. We are well funded now to execute on a much
more extensive drill program.”
About Patriot Battery Metals Inc.
Patriot Battery Metals Inc. is a hard -rock lithium exploration company focused on advancing its
district-scale 100% owned Corvette Property located in the Eeyou Istchee James Bay region of
Quebec, Canada, and proximal to regional road and powerline infrastructure. The Corvette
Property hosts the CV5 Spodumene Pegmatite with a maiden inferred mineral resource estimate
of 109.2 Mt at 1.42% Li2O and 160 ppm Ta2O5 (at a cut -off of 0.40% Li2O) and ranks as the
largest lithium pegmatite resource in the Americas, and one of the top 10 largest lithium pegmatite
resources in the world. Additionally, the Corvette Property hosts multiple other spodumene
pegmatite clusters that remain to be drill tested, as well as more than 20 km of prospective trend
that remain to be assessed.
For further information, please contact us at [email protected] or by calling +1 (604)
279-8709,or visit www.patriotbatterymetals.com. Please also refer to the Company’s continuous
disclosure filings, available under its profile at www.sedarplus.ca and www.asx.com.au, for
available exploration data.
This news release has been approved by the Board of Directors,
“BLAIR WAY”
Blair Way, President, CEO, & Director
Disclaimer for Forward-Looking Information
This news release contains “forward -looking information” or “forward-looking statements” within the
meaning of applicable securities laws and other statements that are not historical facts. Forward-looking
statements are included to provide information about management’s current expectations and plans that
allows investors and others to have a better understanding of the Company’s business plans and financial
performance and condition.
All statements, other than statements of historical fact included in th is news release, regarding the
Company’s strategy, future operations, financial position, prospects, plans and objectives of management
are forward -looking statements that involve risks and uncertainties. Forward -looking statements are
typically identified by words such as “plan”, “expect”, “estimate”, “intend”, “anticipate”, “believe”, or
variations of such words and phrases or statements that certain actions, events or results “may”, “could”,
“would”, “might” or “will” be taken, occur or be achieved. In particular and without limitation, this news
release contains forward-looking statements pertaining to the drilling program.
Forward-looking information is based upon certain assumptions and other important factors that, if untrue,
could cause the actual results, performance or achievements of the Company to be materially different from
future results, performance or achievements expressed or implied by such information or statements. There
can be no assurance that such information or statements will prove to be accurate. Key assumptions upon
which the Company’s forward-looking information is based include the total funding required to complete
the Company's Corvette Lithium Project, including the drilling program.
Readers are cautioned that the foregoing l ist is not exhaustive of all factors and assumptions which may
have been used. Forward -looking statements are also subject to risks and uncertainties facing the
Company’s business, any of which could have a material adverse effect on the Company’s business ,
financial condition, results of operations and growth prospects. Some of the risks the Company faces and
the uncertainties that could cause actual results to differ materially from those expressed in the forward -
looking statements include, among others, the ability to execute on plans relating to the Company’s
Corvette Lithium Project, including the timing thereof. In addition, readers are directed to carefully review
the detailed risk discussion in the Company’s most recent Annual Information Form filed on SEDAR+,
which discussion is incorporated by reference in this news release, for a fuller understanding of the risks
and uncertainties that affect the Company’s business and operations.
Although the Company believes its expectations are based upon reasonable assumptions and has attempted
to identify important factors that could cause actual actions, events or results to differ materially from those
described in forward -looking statements, there may be other factors that cause actions, events or results
not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information
will prove to be accurate, as actual results and future events could differ materially from those anticipated
in such information. As such, these risks are not exhaustive; however, they should be considered carefully.
If any of these risks or uncertainties materialize, actual results may vary materially from those anticipated
in the forward-looking statements found herein. Due to the risks, uncertainties and assumptions inherent
in forward-looking statements, readers should not place undue reliance on forward-looking statements.
The mineral resource estimate in this release was reported by the Company in accordance with ASX Listing
Rule 5.8 on July 31, 2023. The Company confirms it is not aware of any new information or data that
materially affects the information included in the previous announcements and that all material
assumptions and technical parameters underpinning the estimates in the previous announcements continue
to apply and have not materially changed.
Forward-looking statements contained herein are presented for the purpose of assisting investors in
understanding the Company’s business plans, financial performance and condition and may not be
appropriate for other purposes.
The Company disclaims any intention or obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise, except to the extent required by
applicable law. The Company qualifies all of its forward-looking statements by these cautionary statements.