Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

PMET.TO ·

Patriot Renames the Corvette Project Shaakichiuwaanaan (shaa-gi-chi-waa-naan) Project

Corporate Updates

Patriot Battery Metals Inc.

Suite 700 - 838 W. Hastings Street, Vancouver, BC, Canada, V6C 0A6

www.patriotbatterymetals.com TSX: PMET / ASX: PMT / OTC: PMETF / FSE: R9GA

Patriot Renames the Corvette Project Shaakichiuwaanaan

(shaa-gi-chi-waa-naan) Project

July 31, 2024 – Vancouver, BC, Canada August 1, 2024 – Sydney, Australia

Highlights

• Patriot is proud to announce the re-naming of the Corvette Project to the

Shaakichiuwaanaan Project ( pronounced Shaa -gi-chi-waa-naan), as proposed by the

Chisasibi elders and members of the Tallyman’s family.

• A logo has been developed for the Project, designed in collaboration with the T allyman’s

family.

• Since 2022, more than 200 communication activities have taken place with various Chisasibi

leadership, land users, community members, entrepreneurs and organizations, reflecting a

high level of broad community participation in consultation processes to date.

• The contribution of Cree community members to direct site activities includ es drilling

operations, civil works, camp operations and road construction. More than 105 First

Nations workers have worked on the Project to date during 2024.

• Environmental baseline data collection is conducted by a Cree enterprise (Niigaan), with

Cree field staff.

• The Grand Opening of Patriot’s office in Chisasibi will take place in August 2024.

• Patriot remains on schedule for a Mineral Resource Estimate update for the

Shaakichiuwaanaan Project in August 2024, including both the CV5 and CV13 spodumene

pegmatites.

Alix Drapack, Patriot’s Executive Vice President of ESG, comments: “The decision to change the

name of the Corvette Project to the Shaakichiuwaanaan Project reflects Patriot’s commitment to build a

strong relationship with the Cree Nation of Chisasibi and the Tallyman’s family. The Company

acknowledges, highly values and respects Cree traditional territory and their connection to the land.

“Introducing a Cree language reference to the Project name presents a great opportunity to share Cree

culture through the storyline the name represents. In this way, Patriot can further share Cree culture with

the broader Patriot stakeholder community,” she added.

Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX: PMET) (ASX: PMT)

(OTCQX: PMETF) (FSE: R9GA) is pleased to announce the renaming of the Corvette Project

to the Shaakichiuwaanaan Project. The Cree word, Shaakichiuwaanaan, means climbing a hill or a

mountain and refers to three hills/mountains in the vicinity of the Project.

The 100% -owned Shaakichiuwaanaan Property (the “Property” or “Project”) is located in the

Eeyou Istchee James Bay region of Quebec. Specifically, all of Patriot’s drill exploration activities

have been located on trapline CH39, on the traditional territory of the Cree Nation of Chisasibi.

Photo looking north -west of CV5 showing the three mountains/hills – the basis of the word

Shaakichiuwaanaan.

More than 200 communication activities have taken place with various Chisasibi leadership, land

users, entrepreneurs, organizations and community members since 2022. Patriot’s ESG team visits

the community in person, approximately every six weeks. During several of the communications

sessions with the Tallyman’s family and the community-at-large, the idea of renaming the Project

was both suggested and discussed. Patriot asked for input from the Tallyman and the elders of the

community and the recommendation was to use the Cree word, Shaakichiuwaanaan, in reference

to the Project.

Building on this recommendation, a logo has been developed for the Project in collaboration with

the Tallyman’s family, including symbols important to the Cree such as a goose, a teepee and Cree

syllabics.

Project logo: Designed in collaboration with the Tallyman’s family

A key to the success of the Shaakichiuwaanaan Project is the contribution of First Nations workers

at site. Cree community members have been contributing to site activities including drilling

operations, civil works, camp operations and road construction. More than 105 First Nations

workers have worked on the Project during 2024. Just prior to Goose Break in April , this

represented approximately 23% of the workers at site.

Environmental baseline data collection has been underway at the site since 2022, conducted by a

Cree enterprise, Niigaan. As part of this joint venture partnership, Chisasibi community members

assist biologists from various environmental consulting firm s, in a mutually beneficial approach

allowing for sharing of information from Crees that reflects their unique understanding of their

land.

Patriot is also very pleased to announce the lease of office space in the Chisasibi Commercial

Center, beginning on August 1, 2024. Edward Bearskin, Patriot’s Community Liaison Officer, will

work out of the office , providing community members with the opportunity to discuss the

Shaakichiuwaanaan Project and provide feedback as the Project progresses.

About Patriot Battery Metals Inc.

Patriot Battery Metals Inc. is a hard -rock lithium exploration company focused on advancing its

district-scale 100% owned Shaakichiuwaanaan Project (formaly known as the Corvette Project)

located in the Eeyou Istchee James Bay region of Quebec, Canada, and proximal to regional road

and powerline infrastructure. The Shaakichiuwaanaan Project hosts the CV5 Spodumene Pegmatite

with a current Mineral Resource Estimate that ranks as the largest lithium pegmatite resource in

the Americas based on contained lithium carbonate equivalent (LCE), and one of the top 10 largest

lithium pegmatite resources in the world. Additionally, the Shaakichiuwaanaan Project hosts

multiple other spodumene pegmatite clusters that remain to be drill tested, as well as significant

areas 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.

“KEN BRINSDEN”

Kenneth Brinsden, President, CEO, & Managing Director

Brad Seward

Vice President, Investor Relations

T: +61 400 199 471

E: [email protected]

Olivier Caza-Lapointe

Head, Investor Relations – North America

T: +1 (514) 913-5264

E: [email protected]