Patriot Recordsdata PEA Technical Record for the Shaakichiuwaanaan Mission

VANCOUVER, BC, Sept. 12, 2024 /PRNewswire/ – September 13, 2024 – SYDNEY, Australia

Patriot Battery Metals Inc. (“Patriot” or the “Company“) (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA), is happy to announce that it has filed a Nationwide Device 43-101 Initial Financial Review Technical Record for its Shaakichiuwaanaan Mission.

The document titled “NI 43-101 Technical Report, Preliminary Economic Assessment for the Shaakichiuwaanaan Project, James Bay Region, Québec, Canada” with an Factor Presen of September 12, 2024, and Efficient Presen of August 21, 2024 (the “Technical Report”), was once ready based on Nationwide Device 43-101 – Requirements of Disclosure for Mineral Tasks (“NI 43-101”). Underneath NI 43-101, issuers should document a technical document inside of 45 days of the era of preliminary disclosure of, amongst alternative issues, a brandnew or materially modified mineral useful resource estimate or result of a initial financial review (“PEA”). The Technical Record is to be had for assessment on each SEDAR+ (www.sedarplus.ca) and the Corporate’s web page (www.patriotbatterymetals.com).

The Technical Record helps the scoop leave dated August 21, 2024, pronouncing the result of the PEA, titled “PEA Highlights Shaakichiuwaanaan Project as a Potential North American Lithium Raw Materials Supply Base”, in addition to the scoop leave dated August 5, 2024, pronouncing the result of the Mineral Useful resource Estimate titled “Significant Mineral Resource Upgrade at Shaakichiuwaanaan Lithium Project to Underpin Impending PEA”. Those releases are to be had at the Corporate’s web page and beneath its profile at www.sedarplus.ca and www.asx.com.au. There aren’t any subject matter variations between the Technical Record and the tips disclosed within the information releases dated August 5, 2024, and August 21, 2024.

ABOUT PATRIOT BATTERY METALS INC.

Patriot Battery Metals Inc. is a hard-rock lithium exploration corporate thinking about advancing its district-scale 100%-owned Shaakichiuwaanaan Detail (previously referred to as Corvette) situated within the Eeyou Istchee James Bay area of Québec, Canada, which is out there year-round by way of all-season street and is proximal to regional powerline infrastructure. The Shaakichiuwaanaan Mineral Useful resource¹, which contains the CV5 & CV13 spodumene pegmatites, totals 80.1 Mt at 1.44% Li₂O Indicated, and 62.5 Mt at 1.31% Li₂O Inferred, and ranks as the most important lithium pegmatite useful resource within the Americas, and the 8^th greatest lithium pegmatite useful resource on the earth. Moreover, the Shaakichiuwaanaan Detail hosts a couple of alternative spodumene pegmatite clusters that stay to be drill examined, in addition to important subjects of potential pattern that stay to be assessed.

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Shaakichiuwaanaan (CV5 & CV13) Mineral Useful resource Estimate (80.1 Mt at 1.44% Li₂O and 163 ppm Ta₂O₅ Indicated, and 62.5 Mt at 1.31% Li₂O and 147 ppm Ta₂O₅ ppm Inferred) is reported at a cut-off grade of 0.40% Li₂O (not hidden pit), 0.60% Li₂O (underground CV5), and zero.80% Li₂O (underground CV13) with an Efficient Presen August 21, 2024 (via drill hollow CV24-526). Mineral Assets don’t seem to be Mineral Reserves as they don’t have demonstrated financial viability.

For additional knowledge, please touch us at [email protected] or by way of calling +1 (604) 279-8709, or discuss with www.patriotbatterymetals.com. Please additionally the following the Corporate’s steady disclosure filings, to be had beneath its profile at www.sedarplus.ca and www.asx.com.au, for to be had exploration information.

This information leave has been licensed by way of the Board of Administrators.

“KEN BRINSDEN”
Kenneth Brinsden, President, CEO, & Managing Director

QUALIFIED/COMPETENT PERSON

The technical knowledge on this information leave is in response to, and somewhat represents, knowledge from the Technical Record reviewed and licensed by way of Mr. Darren L. Smith, M.Sc., P.Geo., who’s a Certified Particular person as outlined by way of Nationwide Device 43-101 – Requirements of Disclosure for Mineral Tasks, and member in just right status with the Ordre des Géologues du Québec (Geologist Allow quantity 01968), and with the Affiliation of Skilled Engineers and Geoscientists of Alberta (member quantity 87868).

Mr. Smith is Vice President of Exploration for Patriot Battery Metals Inc. and holds regular stocks and choices within the Corporate.

Mr. Smith has ample enjoy, which is related to the manner of mineralization, form of warehouse into consideration, and to the actions being undertaken to qualify as a Competent Particular person as described by way of the Australasian Code for Reporting of Exploration Effects, Mineral Assets and Ore Reserves (the JORC Code). Mr. Smith is of the same opinion to the inclusion on this information leave of the issues within the mode and context by which apparently.

COMPETENT PERSON STATEMENT (ASX LISTING RULE 5.22)

The Mineral Useful resource Estimate on this leave was once reported by way of the Corporate based on ASX List Rule 5.8 on August 5, 2024. The Corporate confirms it’s not conscious about any brandnew knowledge or information that materially impacts the tips incorporated within the announcement and that each one subject matter suppositions and technical parameters foundation the estimates within the announcement proceed to use and feature now not materially modified. The Corporate confirms that the mode and context by which the competent individual’s findings are introduced have now not been materially changed from the actual marketplace announcement.

SOURCE Patriot Battery Metals Inc.