A couple of Large, Top-Grade Intercepts on the CV5 Pegmatite, together with 153.8 m at 2.00% Li2O, Completes Drill Dataset for Nearest Feasibility Learn about and Ore Hold in Q3-2025

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Large, high-grade spodumene pegmatite intercepts won from the intensive summer-fall 2024 in-fill drill program at CV5 whole the drill dataset required to aid the nearest Feasibility Learn about and maiden Ore Hold:
- 153.8 m at 2.00% Li₂O, together with 55.4 m at 3.42% Li₂O (CV24-733).
- 142.9 m at 1.77% Li₂O, together with 35.2 m at 3.36% Li₂O (CV24-719).
- 186.0 m at 1.08% Li₂O, together with 11.3 m at 4.27% Li₂O (CV24-704).
- 129.8 m at 1.36% Li₂O, together with 22.4 m at 2.45% Li₂O (CV24-688).
- 142.3 m at 1.12% Li₂O together with 55.2 m at 2.19% Li₂O (CV24-769).
- 118.4 m at 1.27% Li₂O, together with 41.5 m at 1.74% Li₂O (CV24-693).
- 101.9 m at 1.75% Li₂O, together with 12.3 m at 3.43% Li₂O (CV24-721).
- 106.7 m at 1.49% Li₂O together with 7.8 m at 4.39% Li₂O (CV24-735).
- 119.8 m at 1.10% Li₂O, together with 41.8 m at 1.65% Li₂O (CV24-707).
- 104.1 m at 1.08% Li₂O, together with 36.1 m at 1.59% Li₂O (CV24-682).
- 100.5 m at 1.06% Li₂O, together with 15.0 m at 2.25% Li₂O (CV24-730).
- 98.6 m at 1.76% Li₂O, together with 33.7 m at 2.40% Li₂O (CV24-711A).
- 93.5 m at 1.71% Li₂O, together with 10.1 m at 3.00% Li₂O (CV24-712).
- 53.9 m at 2.29% Li₂O, together with 32.5 m at 3.04% Li₂O (CV24-703).
- 58.1 m at 1.14% Li₂O, together with 8.6 m at 5.28% Li₂O (CV24-742).
Core assay effects for 98 drill holes (31,513 m) – all from CV5 – are reported on this announcement, concluding the reporting of all 431 holes (128,052 m) finished in 2024.
This ultimate quantity of assays completes the core analytical dataset required for the supply of the Feasibility Learn about and maiden Ore Hold Estimate for the CV5 Spodumene Pegmatite, which is concentrated for Q3-2025. All useful resource, geotechnical, geomechanical, and hydrogeological drilling required to aid the pending Feasibility Learn about on CV5 is now whole.
The Corporate has now finished 793 drill holes (233,884 m) on the Shaakichiuwaanaan Trait to bring the most important arduous rock lithium useful resource within the Americas in below 3 years.

Darren L. Smith, Patriot Government and Vice President of Exploration, feedback: “The fall 2024 in-fill drill program at the CV5 Pegmatite wrapped up on a very strong note, delivering more than 10 well-mineralized 100+ m intercepts. The completion of the in-fill program marks a key milestone towards upgrading the Mineral Resource to higher confidence (from Inferred to Indicated), and we were able to achieve this on schedule and under budget.”

“The team is now advancing the geological and block models in coordination with our independent consultants as we work towards the next Mineral Resource update, which in turn will underpin the upcoming Feasibility Study and maiden Ore Reserve for the CV5 Pegmatite – which remain on schedule for Q3-2025,” added Mr. Smith.

VANCOUVER, BC, Feb. 27, 2025 /PRNewswire/ – February 28, 2025 – Sydney, Australia

Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is happy to announce the overall quantity of effects from its intensive summer-fall 2024 in-fill drill program on the CV5 Spodumene Pegmatite, which methods a part of the Corporate’s wholly-owned Shaakichiuwaanaan Trait (the “Property” or “Project”), situated within the Eeyou Istchee James Bay area of Quebec.

Figure 1: Drill holes completed through 2024 at CV5 with result highlights in this announcement. (CNW Group/Patriot Battery Metals Inc.) — Determine 1: Drill holes finished thru 2024 at CV5 with outcome highlights on this announcement. (CNW Workforce/Patriot Battery Metals Inc.)

Figure 2: Very high-grade spodumene pegmatite with very large spodumene crystals, grading 5.28% Li2O over 8.6 m (427.5 m to 436.1 m, hole CV24-742), located east of the Nova Zone at CV5. (CNW Group/Patriot Battery Metals Inc.) — Determine 2: Very high-grade spodumene pegmatite with very huge spodumene crystals, grading 5.28% Li2O over 8.6 m (427.5 m to 436.1 m, gap CV24-742), situated east of the Nova Zone at CV5. (CNW Workforce/Patriot Battery Metals Inc.)

Figure 3: Very large, near inclusion free, spodumene crystals in quartz pegmatite at CV5 (drill-hole
CV24-704). Drill core grades 4.27% Li2O over 11.3 m (171.1 m to 182.4 m). (CNW Group/Patriot Battery Metals Inc.) — Determine 3: Very huge, close inclusion detached, spodumene crystals in quartz pegmatite at CV5 (drill-hole
CV24-704). Drill core grades 4.27% Li2O over 11.3 m (171.1 m to 182.4 m). (CNW Workforce/Patriot Battery Metals Inc.)

Figure 4: Very high-grade spodumene pegmatite with very large spodumene crystals from the Nova Zone at CV5 (drill hole CV24-733). Drill core grades 4.0% Li2O over 18.4 m (254.0 m to 272.4 m). (CNW Group/Patriot Battery Metals Inc.) — Determine 4: Very high-grade spodumene pegmatite with very huge spodumene crystals from the Nova Zone at CV5 (drill gap CV24-733). Drill core grades 4.0% Li2O over 18.4 m (254.0 m to 272.4 m). (CNW Workforce/Patriot Battery Metals Inc.)

Table 1: Core assay summary for drill holes reported herein at the CV5 Spodumene Pegmatite. (CNW Group/Patriot Battery Metals Inc.) — Desk 1: Core assay abstract for drill holes reported herein on the CV5 Spodumene Pegmatite. (CNW Workforce/Patriot Battery Metals Inc.)

The Shaakichiuwaanaan Trait hosts a consolidated Mineral Useful resource Estimate¹ (“MRE”) of 80.1 Mt at 1.44% Li₂O Indicated and 62.5 Mt at 1.31% Li₂O Inferred. The CV5 Spodumene Pegmatite, which methods the majority of the MRE, is available year-round by way of all-season street and is located roughly 14 km from a significant hydroelectric powerline hall.

Core assay effects for 98 holes (31,513 m) are reported on this announcement (Determine 1, Desk 1, Desk 2), concluding the reporting of all 431 holes (128,052 m) finished right through the 2024 drill marketing campaign on the Trait. The holes reported on this announcement eager about in-fill drilling on the CV5 Storehouse to aid an MRE replace concentrated on conversion of Mineral Assets from the Inferred division to the upper self assurance Indicated division, which is able to in flip underpin a maiden Ore Hold Estimate.

The drill holes reported examined just about all of the 4.6 km clash area these days outlined at CV5, which remainder i’m free at each ends and at intensity, alongside a good portion of its area. The effects proceed to show that vast and well-mineralized pegmatite, with persistently huge spodumene crystals, is provide alongside all of the clash area of the storagefacility (Determine 1, Determine 2, Determine 3, and Determine 4).

With the supply of those effects, all useful resource, geotechnical, geomechanical, and hydrogeological drill holes required to aid the pending Feasibility Learn about on CV5 at the moment are whole. Those drill holes focused boxes encompassing the predicted supporting building infrastructure (procedure plant, camp, stockpiles, squander rock and tailings control amenities, and so on.), as effectively open-pit and underground building boxes. The information accrued shall be impaired to ascertain a maiden Ore Hold, infrastructure underpinning and manufacture parameters, rock mechanics area parameters, and hydrogeological fashions to aid the whole mine design for the pending Feasibility Learn about.

________________
¹ 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 (open-pit), 0.60% Li2O (underground CV5), and nil.80% Li2O (underground CV13) with an Efficient Year of August 21, 2024 (thru drill gap CV24-526). Mineral Assets don’t seem to be Mineral Reserves as they don’t have demonstrated financial viability.

Jointly, over the 2024 drill marketing campaign a complete of 431 holes (128,052 m) had been finished around the CV5 and CV13 pegmatites, in addition to boxes of proposed infrastructure in aid of time building. This comprises step-out and in-fill holes, in addition to geotechnical, hydrogeological, and geomechanical holes.

Because the “discovery hole”, CF21-001 – the primary gap to check the CV5 Pegmatite floor exposures at intensity – was once finished in fall 2021, a complete of 793 holes totalling 233,884 m were finished at Shaakichiuwaanaan eager about exploration and building of lithium pegmatite.

This drilling has delineated the most important arduous rock lithium useful resource within the Americas – Shaakichiuwaanaan (comprising the CV5 & CV13 pegmatites).

The collective drill datasets will underpin an up to date and higher-confidence MRE for the Shaakichiuwaanaan Venture (CV5 & CV13 pegmatites), in addition to an anticipated maiden Ore Hold for the CV5 Spodumene Pegmatite, which shall be declared upon final touch of the Feasibility Learn about, which is concentrated for supply in Q3-2025.

Desk 2: Attributes for drill holes reported herein on the CV5 Spodumene Pegmatite.


Hollow ID	Substrate	General Intensity (m)	Azimuth (°)	Dip (°)	Easting	Northing	Elevation (m)	Core Dimension	Pile
CV24-643	Aqua	394.9	160	-55	570074.0	5930705.6	371.7	NQ	CV5
CV24-648	Land	484.9	180	-48	572564.4	5931724.7	374.6	NQ	CV5
CV24-663	Aqua	215.0	160	-60	570784.8	5930905.2	371.8	NQ3	CV5
CV24-667	Land	529.9	179	-58	572564.7	5931725.3	374.6	NQ	CV5
CV24-668	Land	254.0	158	-45	569410.0	5930345.5	389.3	NQ	CV5
CV24-669	Land	281.0	158	-45	569965.3	5930554.4	376.3	NQ	CV5
CV24-671	Land	209.0	160	-45	569762.7	5930394.7	380.1	NQ	CV5
CV24-674	Land	545.5	150	-50	571673.2	5931541.5	396.8	NQ	CV5
CV24-675	Land	490.9	145	-72	572151.5	5931550.8	375.9	NQ	CV5
CV24-676	Land	207.5	145	-65	570036.3	5930783.1	377.8	NQ	CV5
CV24-677	Land	347.0	235	-60	569963.3	5930554.0	376.4	NQ	CV5
CV24-678	Land	299.1	158	-46	569504.8	5930370.1	383.3	NQ	CV5
CV24-679	Aqua	125.0	340	-60	570814.8	5931002.4	372.0	NQ3	CV5
CV24-680	Land	226.9	158	-45	569841.2	5930331.4	377.6	NQ	CV5
CV24-681	Aqua	494.0	0	-90	572438.5	5931450.0	372.1	NQ	CV5
CV24-682	Land	362.0	160	-48	570646.9	5931010.2	373.7	NQ	CV5
CV24-683	Land	512.0	163	-56	572564.8	5931726.3	374.6	NQ	CV5
CV24-684	Aqua	161.0	27	-60	570932.4	5930996.7	371.9	NQ3	CV5
CV24-685	Land	299.0	160	-80	569743.0	5930442.0	379.2	NQ	CV5
CV24-686	Land	209.0	160	-45	570249.5	5930646.4	384.3	NQ	CV5
CV24-687	Land	503.0	134	-62	572151.7	5931551.1	375.9	NQ	CV5
CV24-688	Aqua	344.1	152	-45	570832.5	5931093.5	371.9	NQ	CV5
CV24-689	Land	167.0	11	-51	569705.4	5930476.0	380.2	NQ3	CV5
CV24-690	Land	115.8	160	-45	569799.1	5930303.3	376.4	NQ	CV5
CV24-691	Aqua	371.3	158	-46	572275.8	5931522.4	372.9	NQ	CV5
CV24-692	Land	272.1	158	-75	570317.9	5930621.6	383.0	NQ	CV5
CV24-693	Land	344.0	125	-45	570647.6	5931010.5	373.8	NQ	CV5
CV24-694	Land	443.5	160	-48	571672.8	5931541.1	396.8	NQ	CV5
CV24-695	Land	343.9	310	-70	569965.8	5930425.6	377.0	NQ	CV5
CV24-697	Aqua	322.9	158	-45	570707.1	5930992.2	371.9	NQ	CV5
CV24-698	Aqua	265.9	160	-59	572263.5	5931404.1	373.0	NQ	CV5
CV24-699	Land	409.7	150	-58	572151.3	5931550.9	375.9	NQ	CV5
CV24-700	Land	302.1	163	-45	569453.6	5930438.9	380.5	NQ	CV5
CV24-701	Land	471.6	157	-59	571947.8	5931540.9	380.7	NQ	CV5
CV24-702	Land	302.2	170	-50	571561.1	5931282.3	374.5	NQ	CV5
CV24-703	Land	450.0	154	-50	571708.1	5931460.6	378.6	NQ	CV5
CV24-704	Land	355.0	200	-50	571097.9	5931094.0	375.2	NQ	CV5
CV24-705	Land	407.2	167	-73	570110.2	5930638.0	377.0	NQ	CV5
CV24-706	Aqua	203.0	160	-45	571582.3	5931171.8	372.2	NQ	CV5
CV24-707	Aqua	287.1	162	-48	570707.9	5930989.2	373.5	NQ	CV5
CV24-708	Land	431.0	160	-61	572052.0	5931534.6	372.6	NQ	CV5
CV24-709	Land	320.3	155	-73	571442.8	5931177.7	377.0	NQ	CV5
CV24-710	Aqua	275.0	185	-55	571586.6	5931171.8	373.0	NQ	CV5
CV24-711	Land	236.5	162	-63	571561.2	5931282.6	374.4	NQ	CV5
CV24-711A	Land	368.0	162	-63	571560.9	5931282.6	374.4	NQ	CV5
CV24-712	Land	371.1	150	-45	571616.1	5931411.0	375.6	NQ	CV5
CV24-713	Aqua	161.2	175	-50	571509.5	5931133.2	373.0	NQ	CV5
CV24-714	Land	449.1	159	-51	571947.9	5931540.8	380.9	NQ	CV5
CV24-715	Aqua	317.1	150	-46	570511.7	5930943.5	373.0	NQ	CV5
CV24-716	Aqua	145.9	158	-45	571371.3	5931036.7	373.0	NQ	CV5
CV24-717	Land	353.0	167	-45	570110.3	5930637.3	377.0	NQ	CV5
CV24-718	Land	425.0	148	-59	572052.2	5931534.7	372.7	NQ	CV5
CV24-719	Land	305.0	158	-53	571132.6	5931145.0	376.3	NQ	CV5
CV24-720	Aqua	117.9	158	-70	571371.3	5931037.1	372.9	NQ	CV5
CV24-721	Land	402.8	142	-47	571616.4	5931411.0	375.4	NQ	CV5
CV24-722	Aqua	137.0	158	-45	571097.7	5930963.1	373.0	NQ	CV5
CV24-723	Aqua	95.1	158	-45	570575.5	5930788.3	373.0	NQ	CV5
CV24-724	Land	356.1	152	-58	572011.7	5931467.0	375.7	NQ	CV5
CV24-725	Land	503.0	155	-65	571311.7	5931087.6	380.0	NQ	CV5
CV24-726	Aqua	97.8	158	-45	570998.1	5930944.0	373.0	NQ	CV5
CV24-727	Land	446.9	146	-63	572052.3	5931534.8	372.7	NQ	CV5
CV24-728	Aqua	83.1	158	-45	570667.0	5930827.1	373.0	NQ	CV5
CV24-730	Land	305.0	160	-55	571336.9	5931165.8	375.9	NQ	CV5
CV24-731	Aqua	101.1	158	-45	570899.1	5930925.1	373.0	NQ	CV5
CV24-732	Aqua	268.9	158	-58	572212.3	5931385.5	373.0	NQ	CV5
CV24-733	Land	392.2	145	-63	571561.7	5931282.9	374.5	NQ	CV5
CV24-734	Aqua	122.0	158	-45	570847.3	5930912.0	373.0	NQ	CV5
CV24-735	Land	404.2	155	-51	571653.2	5931324.2	376.8	NQ	CV5
CV24-736	Land	383.1	158	-56	572214.1	5931534.1	373.2	NQ	CV5
CV24-737	Aqua	415.8	170	-62	572324.5	5931536.8	373.0	NQ	CV5
CV24-738	Aqua	119.0	160	-45	571292.1	5931011.9	373.0	NQ	CV5
CV24-739	Land	401.0	158	-55	568598.9	5930071.1	388.9	NQ	CV5
CV24-740	Land	536.1	125	-60	571312.4	5931088.5	380.1	NQ	CV5
CV24-741	Land	496.5	170	-64	572051.9	5931534.5	372.6	NQ	CV5
CV24-742	Land	509.8	188	-47	572565.1	5931727.7	373.7	NQ	CV5
CV24-743	Aqua	85.8	158	-50	571497.3	5931041.6	372.9	NQ	CV5
CV24-744	Aqua	196.9	158	-45	571570.8	5931124.5	373.0	NQ	CV5
CV24-745	Land	515.2	175	-80	572213.8	5931534.5	373.3	NQ	CV5
CV24-746	Land	369.2	158	-60	571977.8	5931451.6	376.5	NQ	CV5
CV24-748	Aqua	386.0	155	-58	572324.9	5931538.5	372.1	NQ	CV5
CV24-749	Land	305.0	158	-65	568474.2	5930093.9	399.8	NQ	CV5
CV24-750	Aqua	443.0	160	-70	571220.1	5930923.9	372.8	NQ	CV5
CV24-751	Land	431.0	150	-85	571286.3	5930893.2	377.4	NQ	CV5
CV24-752	Land	494.1	159	-48	569965.8	5930738.0	376.0	NQ	CV5
CV24-753	Aqua	345.6	175	-75	572328.8	5931537.4	373.4	NQ	CV5
CV24-755	Land	536.0	194	-51	572564.8	5931727.8	373.6	NQ	CV5
CV24-756	Land	253.9	158	-45	568474.5	5930093.4	399.7	NQ	CV5
CV24-758	Land	506.1	145	-75	572213.9	5931534.8	373.2	NQ	CV5
CV24-759	Land	93.0	158	-45	568479.6	5929966.6	388.9	NQ	CV5
CV24-760	Aqua	428.0	115	-75	571080.9	5930873.1	373.0	NQ	CV5
CV24-764	Land	77.0	158	-65	568479.8	5929966.0	388.8	NQ	CV5
CV24-765	Aqua	358.9	0	-90	572445.5	5931369.9	373.4	NQ	CV5
CV24-766	Land	90.0	158	-45	568433.9	5929939.3	391.1	NQ	CV5
CV24-767	Land	326.0	159	-60	569819.4	5930506.5	375.4	NQ	CV5
CV24-769	Land	374.0	170	-68	571579.6	5931234.4	374.9	NQ3	CV5
CV24-777	Land	101.1	340	-75	568849.3	5930131.6	395.1	NQ3	CV5
CV24-781	Land	200.1	330	-85	569283.5	5930125.5	388.4	NQ3	CV5
CV24-783	Land	416.0	145	-67	571927.4	5931447.3	377.6	NQ3	CV5
(1) Coordinate device NAD83 / UTM zone 18N; (2) All drill holes are diamond drill; (3) Azimuths and dips introduced are the ones ‘deliberate’ and might range off collar/downhole.

Property Guarantee / Property Keep watch over (QAQC)

A Property Guarantee / Property Keep watch over protocol following business perfect practices was once integrated into this system and incorporated systematic insertion of quartz blanks and authorized reference fabrics into pattern batches at a price of roughly 5% each and every. Moreover, research of pulp-split pattern duplicates was once finished to evaluate analytical precision, and exterior (secondary) laboratory pulp-split duplicates had been ready on the number one lab for next take a look at research and validation.

All core samples accrued had been shipped to SGS Canada’s laboratory in Val-d’Or, QC, or Radisson, QC, for pattern preparation (code PRP90 particular) which contains drying at 105°C, overwhelm to 90% passing 2 mm, riffle cut up 250 g, and wreck 85% passing 75 microns. The pulps had been shipped by way of breeze to SGS Canada’s laboratory in Burnaby, BC, the place the samples had been homogenized and therefore analyzed for multi-element (together with Li and Ta) the usage of sodium peroxide fusion with ICP-AES/MS end (codes GE_ICP91A50 and GE_IMS91A50).

Certified/Competent Particular person

The ideas on this information let go that pertains to exploration effects for the Shaakichiuwaanaan Trait is according to, and rather represents, knowledge compiled 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 has reviewed and licensed the technical knowledge on this information let go.

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

Mr. Smith has enough revel in, which is related to the way of mineralization, form of storagefacility into account, 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 concurs to the inclusion on this information let go of the issues according to his knowledge within the mode and context through which apparently.

About Patriot Battery Metals Inc.

Patriot Battery Metals Inc. is a hard-rock lithium exploration corporate eager about advancing its district-scale 100%-owned Shaakichiuwaanaan Trait (previously referred to as Corvette) situated within the Eeyou Istchee James Bay area of Quebec, Canada, which is available 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 biggest lithium pegmatite useful resource on the planet.

A Initial Financial Overview (“PEA”) was once introduced for the CV5 Pegmatite August 21, 2024, and highlights it as a possible North American lithium uncooked fabrics powerhouse. The PEA outlines the opportunity of a aggressive and globally vital high-grade lithium undertaking concentrated on as much as ~800 ktpa spodumene listen the usage of a easy Non-transperant Media Dissolution (“DMS”) best procedure flowsheet.

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

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

“KEN BRINSDEN”

Kenneth Brinsden, President, CEO, & Managing Director

Disclaimer for Ahead-looking Data

This information let go incorporates “forward-looking information” or “forward-looking statements” inside the which means of appropriate securities rules and alternative statements that don’t seem to be historic details. Ahead-looking statements are incorporated to lend details about control’s flow expectancies and plans that permits buyers and others to have a greater figuring out of the Corporate’s industry plans and fiscal efficiency and situation.

All statements, alternative than statements of historic reality incorporated on this information let go, in regards to the Corporate’s technique, time operations, technical exams, potentialities, plans and goals of control are forward-looking statements that contain dangers and uncertainties. Ahead-looking statements are normally recognized by way of phrases reminiscent of “plan”, “expect”, “estimate”, “intend”, “anticipate”, “believe”, or diversifications of such phrases and words or statements that sure movements, occasions or effects “may”, “could”, “would”, “might” or “will” be taken, happen or be completed. Ahead-looking statements on this let go come with, however don’t seem to be restricted to, statements at the Feasibility Learn about, together with the timing of its let go and the content material thereof, and the maiden ore store.

Ahead-looking knowledge is primarily based upon sure guesses and alternative remarkable elements that, if unfaithful, may just reason the unedited effects, efficiency or achievements of the Corporate to be materially other from time effects, efficiency or achievements expressed or implied by way of such knowledge or statements. There can also be deny contract that such knowledge or statements will turn out to be correct. Key guesses upon which the Corporate’s forward-looking knowledge is primarily based come with, with out limitation, that proposed exploration and mineral useful resource estimate paintings at the Trait will proceed as anticipated, the accuracy of store and useful resource estimates, the classification of sources between inferred and indicated and the guesses on which the store and useful resource estimates are primarily based, long-term call for for spodumene provide, and that exploration and building effects proceed to aid control’s flow plans for Trait building and expectancies for the Venture.

Readers are cautioned that the foregoing listing isn’t exhaustive of all elements and guesses which can have been impaired. Ahead-looking statements also are matter to dangers and uncertainties going through the Corporate’s industry, any of which may have a subject matter opposed impact at the Corporate’s industry, monetary situation, result of operations and expansion potentialities. One of the vital dangers the Corporate faces and the uncertainties that would reason unedited effects to range materially from the ones expressed within the forward-looking statements come with, amongst others, the power to explode on plans when it comes to the Corporate’s Venture, together with the timing thereof. As well as, readers are directed to rigorously evaluate the crystal clear chance dialogue within the Corporate’s most up-to-date Annual Data Method filed on SEDAR+, which dialogue is integrated by way of reference on this information let go, for a fuller figuring out of the hazards and uncertainties that have an effect on the Corporate’s industry and operations.

Despite the fact that the Corporate believes its expectancies are primarily based upon cheap guesses and has tried to spot remarkable elements that would reason unedited movements, occasions or effects to range materially from the ones described in forward-looking statements, there could also be alternative elements that reason movements, occasions or effects to not be as expected, estimated or supposed. There can also be deny contract that forward-looking knowledge will turn out to be correct, as unedited effects and time occasions may just range materially from the ones expected in such knowledge. As such, those dangers don’t seem to be exhaustive; then again, they must be thought to be in moderation. If any of those dangers or uncertainties materialize, unedited effects might range materially from the ones expected within the forward-looking statements discovered herein. Because of the hazards, uncertainties and guesses inherent in forward-looking statements, readers must now not playground undue reliance on forward-looking statements.

Ahead-looking statements contained herein are introduced resulting in aiding buyers in figuring out the Corporate’s industry plans, monetary efficiency and situation and will not be suitable for alternative functions.

The forward-looking statements contained herein are made best as of the year hereof. The Corporate disclaims any aim or legal responsibility to replace or revise any forward-looking statements, whether or not on account of untouched knowledge, time occasions or another way, apart from to the level required by way of appropriate legislation. The Corporate qualifies all of its forward-looking statements by way of those cautionary statements.

Competent Particular person Observation (ASX Checklist Regulations)

The mineral useful resource estimate on this let go was once reported by way of the Corporate according to ASX Checklist Rule 5.8 on August 5, 2024. The Corporate confirms that, as of the year of this announcement, it isn’t conscious about any untouched knowledge or information verified by way of the competent individual that materially impacts the tips incorporated within the announcement and that every one subject matter guesses and technical parameters bedrock the estimates within the announcement proceed to use and feature now not materially modified. The Corporate confirms that, as on the year of this announcement, the mode and context through which the competent user’s findings are introduced have now not been materially changed from the latest marketplace announcement.

The manufacturing goal referred to on this let go was once reported by way of the Corporate according to ASX Checklist Rule 5.16 on August 21, 2024. The Corporate confirms that, as of the year of this announcement, all subject matter guesses and technical parameters bedrock the manufacturing goal within the latest announcement proceed to use and feature now not materially modified.

Appendix 1 – JORC Code 2012 Desk 1 (ASX Checklist Rule 5.7.1)

Division 1 – Sampling Ways and Knowledge

Standards

JORC Code rationalization

Remark

Sampling ways

Nature and component of sampling (eg abridge channels, random chips, or explicit specialised business usual dimension equipment suitable to the minerals below investigation, reminiscent of unwell gap gamma sondes, or hand-held XRF tools, and so on). Those examples must now not be taken as restricting the vast which means of sampling.
Come with connection with measures taken to safeguard pattern representivity and the proper calibration of any dimension equipment or methods impaired.
Sides of the decision of mineralization which are Subject matter to the People Record.
In instances the place ‘business usual’ paintings has been finished this could be quite easy (eg ‘opposite flow drilling was once impaired to acquire 1 m samples from which 3 kg was once pulverized to construct a 30 g rate for hearth assay’). In alternative instances extra rationalization could also be required, reminiscent of the place there’s coarse gold that has inherent sampling issues. Bizarre commodities or mineralization varieties (eg submarine nodules) might warrant disclosure of crystal clear knowledge.

Core sampling protocols meet business usual practices.
Core sampling is guided by way of lithology as enthusiastic right through geological logging (i.e., by way of a geologist). All pegmatite periods are sampled of their entirety (half-core), regardless if spodumene mineralization is famous or now not (to bring to safeguard an independent sampling means) along with ~1 to a few m of sampling into the adjoining host rock (depending on pegmatite pause area) to “bookend” the sampled pegmatite.
The minimal person pattern area is normally 0.5 m and the utmost pattern area is normally 2.0 m. Centered person pegmatite pattern lengths are 1.0 to one.5 m.
All drill core is orientated to most foliation previous to logging and sampling and is abridge with a core noticed into half-core items, with one half-core accrued for assay, and the alternative half-core excess within the field for reference.
Core samples accrued from drill holes had been shipped to SGS Canada’s laboratory in Val-d’Or, QC, or Radisson, QC, for pattern preparation (code PRP90 particular) which incorporated drying at 105°C, overwhelm to 90% passing 2 mm, riffle cut up 250 g, and wreck 85% passing 75 microns. Core pattern pulps had been shipped by way of breeze to SGS Canada’s laboratory in Burnaby, BC, the place the samples had been homogenized and therefore analyzed for multi-element (together with Li and Ta) the usage of sodium peroxide fusion with ICP-AES/MS end (codes GE_ICP91A50 and GE_IMS91A50).

Drilling ways

Drill sort (eg core, opposite flow, open-hole hammer, rotary breeze break out, auger, Bangka, sonic, and so on) and main points (eg core diameter, triple or usual tube, intensity of diamond tails, face-sampling bit or alternative sort, whether or not core is orientated and if that is so, by way of what form, and so on).

Holes are NQ or NQ3 measurement core diamond drilling with Core was once now not orientated.

Drill pattern cure

Form of recording and assessing core and chip pattern fixes and effects assessed.
Measures taken to maximise pattern cure and safeguard consultant nature of the samples.
Whether or not a dating exists between pattern cure and grade and whether or not pattern favor can have took place because of preferential loss/acquire of good/coarse subject matter.

All drill core was once geotechnically logged following business usual practices, and come with TCR, RQD, ISRM, and Q-Form. Core cure is superb and normally exceeds 90%.

Logging

Whether or not core and chip samples were geologically and geotechnically logged to a degree of property to aid suitable Mineral Useful resource estimation, mining research and metallurgical research.
Whether or not logging is qualitative or quantitative in nature. Core (or costean, channel, and so on) images.
The overall area and proportion of the related intersections logged.

Upon receipt on the core shack, all drill core is pieced in combination, orientated to most foliation, metre marked, geotechnically logged (together with construction), alteration logged, geologically logged, and pattern logged on a person pattern foundation. Core field footage also are accrued of all core drilled, without reference to perceived mineralization. Particular gravity measurements of pegmatite also are accrued at systematic periods for all pegmatite drill core the usage of the H2O immersion form, in addition to make a selection host rock drill core.
The logging is qualitative by way of nature, and comprises estimates of spodumene grain measurement, inclusions, and type mineral estimates.
Those logging practices meet or exceed flow business usual practices.

Sub-sampling ways and pattern preparation

If core, whether or not abridge or sawn and whether or not quarter, 1/2 or all core taken.
If non-core, whether or not riffled, tube sampled, rotary cut up, and so on and whether or not sampled rainy or crispy.
For all pattern varieties, the character, component and appropriateness of the pattern preparation methodology.
Property regulate procedures followed for all sub-sampling phases to maximise representivity of samples.
Measures taken to safeguard that the sampling is consultant of the in situ subject matter accrued, together with as an example effects for farmland reproduction/second-half sampling.
Whether or not pattern sizes are suitable to the grain measurement of the fabric being sampled.

Drill core sampling follows business perfect practices. Drill core was once saw-cut with half-core despatched for geochemical research and half-core excess within the field for reference. The similar aspect of the core was once sampled to preserve representativeness.
Pattern sizes are suitable for the fabric being assayed.
A Property Guarantee / Property Keep watch over (QAQC) protocol following business perfect practices was once integrated into this system and incorporated systematic insertion of quartz blanks and authorized reference fabrics (CRMs) into pattern batches at a price of roughly 5% each and every. Moreover, research of pulp-split duplicates was once finished to evaluate analytical precision, and exterior (secondary) laboratory pulp-split duplicates had been ready on the number one lab for next take a look at research and validation at a secondary lab.
All protocols hired are thought to be suitable for the pattern sort and nature of mineralization and are thought to be the optimum means for keeping up representativeness in sampling.

Property of assay information and laboratory exams

The character, component and appropriateness of the assaying and laboratory procedures impaired and whether or not the methodology is regarded as favor or overall.
For geophysical equipment, spectrometers, hand-held XRF tools, and so on, the parameters impaired in figuring out the research together with software create and type, studying occasions, calibrations elements carried out and their derivation, and so on.
Nature of component regulate procedures followed (eg requirements, blanks, duplicates, exterior laboratory exams) and whether or not applicable ranges of accuracy (ie dearth of favor) and precision were established.

Core samples accrued from drill holes had been shipped both to SGS Canada’s laboratory in Val-d’Or, QC, or Radisson, QC for usual pattern preparation (code PRP90 particular) which incorporated drying at 105°C, overwhelm to 90% passing 2 mm, riffle cut up 250 g, and wreck 85% passing 75 microns. Core pattern pulps had been shipped by way of breeze to SGS Canada’s laboratory in Burnaby, BC, the place the samples had been homogenized and therefore analyzed for multi-element (together with Li and Ta) the usage of sodium peroxide fusion with ICP-AES/MS end (codes GE_ICP91A50 and GE_IMS91A50).
The Corporate will depend on each its inside QAQC protocols (systematic usefulness of blanks, qualified reference fabrics, and exterior exams), in addition to the laboratory’s inside QAQC.
All protocols hired are thought to be suitable for the pattern sort and nature of mineralization and are thought to be the optimum means for keeping up representativeness in sampling.

Verification of sampling and assaying

The verification of vital intersections by way of both distant or spare corporate workforce.
The usefulness of twinned holes.
Documentation of number one information, information access procedures, information verification, information locker (bodily and digital) protocols.
Speak about any adjustment to assay information.

Durations are reviewed and compiled by way of the VP Exploration and Venture Managers previous to disclosure, together with a evaluate of the Corporate’s inside QAQC pattern analytical information.
Knowledge seize makes use of MX Storehouse tool wherein core logging information is entered at once into the tool for locker, together with direct import of laboratory analytical certificate as they’re won. The Corporate employs numerous on-site and submit QAQC protocols to safeguard information integrity and accuracy.
Changes to information come with reporting lithium and tantalum of their oxide methods, as it’s reported in elemental mode within the assay certificate. Formulation impaired are Li₂O = Li x 2.153, and Ta₂O₅ = Ta x 1.221.

Location of information issues

Accuracy and component of surveys impaired to find drill holes (collar and down-hole surveys), trenches, mine workings and alternative places impaired in Mineral Useful resource estimation.
Specification of the grid device impaired.
Property and adequacy of topographic regulate.

Every drill gap’s collar has been surveyed with a RTK Trimble Zephyr 3 or Topcon GR-5, with little choice of holes by way of moderate hand-held GPS.
The coordinate device impaired is UTM NAD83 Zone 18.
The Corporate finished a property-wide LiDAR and orthophoto survey in August 2022, which supplies high quality topographic regulate.
The component and accuracy of the topographic controls are thought to be enough for complex level exploration and building, together with mineral useful resource estimation.

Knowledge spacing and distribution

Knowledge spacing for reporting of Exploration Effects.
Whether or not the information spacing and distribution is enough to ascertain the level of geological and grade perpetuity suitable for the Mineral Useful resource and Ore Hold estimation process(s) and classifications carried out.
Whether or not pattern compositing has been carried out.

At CV5, drill gap collar spacing is dominantly grid primarily based. A number of collars are normally finished from the similar dwelling at numerous orientations concentrated on pegmatite pierce issues of ~50 (Indicated) to 100 m (Inferred) spacing.
At CV13, drill gap spacing is dominantly grid primarily based, concentrated on ~100 m pegmatite pierce issues; then again, collar places and gap orientations might range extensively, which mirror the assorted orientation of the pegmatite frame alongside clash.
At CV9, drill gap collar spacing is abnormal with numerous gap orientations and a couple of collars at the similar dwelling.
It’s interpreted that the huge majority of the drill gap spacing at each and every pegmatite is enough to aid a mineral useful resource estimate.
Core pattern lengths normally field from 0.5 to two.0 m and moderate ~1.0 to one.5 m. Sampling is constant inside of all pegmatite encountered within the drill gap.

Orientation of information relating to geological construction

Whether or not the orientation of sampling achieves independent sampling of imaginable buildings and the level to which that is identified, making an allowance for the storagefacility sort.
If the connection between the drilling orientation and the orientation of key mineralized buildings is regarded as to have presented a sampling favor, this must be assessed and reported if subject matter.

Negative sampling favor is expected according to construction inside the mineralized frame.
The essential mineralized our bodies are quite undeformed and really competent, despite the fact that have significant structural regulate.
At CV5, the essential mineralized frame and adjoining lenses are steeply dipping for the purpose of indirect angles of intersection with true widths various according to drill gap attitude and orientation of pegmatite at that exact intersection level. i.e., the dip of the mineralized pegmatite frame has diversifications in a vertical sense and alongside clash, so the real widths don’t seem to be all the time obvious till a number of holes were drilled (on the suitable spacing) in any specific drill-fence.
At CV13, the essential pegmatite frame has a shallow numerous clash and northern dip.
At CV9, the orientation and geometry of the pegmatite isn’t effectively understood. The pegmatite is these days interpreted to be made out of a unmarried essential dyke, which outcrops at floor, has a steep northerly dip, and is slightly plunging to the east-southeast.

Pattern safety

The measures taken to safeguard pattern safety.

Samples had been accrued by way of Corporate personnel or its specialists following explicit protocols governing pattern assortment and dealing with. Core samples had been bagged, positioned in huge supersacs for additonal safety, palleted, and shipped at once to Val-d’Or, QC, or Radisson, QC, being tracked right through cargo together with Chain of Custody. Upon arrival on the laboratory, the samples had been cross-referenced with the delivery manifest to verify all samples had been accounted for. On the laboratory, pattern baggage are evaluated for tampering.

Audits or evaluations

The result of any audits or evaluations of sampling ways and information.

A evaluate of the pattern procedures for the Corporate’s 2021 fall drill program (CF21-001 to 004) and 2022 iciness drill program (CV22-015 to 034) was once finished by way of an Separate Competent Particular person and deemed enough and applicable to business perfect practices (mentioned in a technical file titled “NI 43-101 Technical Report on the Corvette Property, Quebec, Canada”, by way of Alex Knox, M.Sc., P.Geol., Factor Year of June 27^th, 2022.)
A evaluate of the pattern procedures during the Corporate’s 2024 iciness drill program (thru CV24-526) was once finished by way of an distant Competent Particular person with recognize to the Shaakichiuwaanaan’s Mineral Useful resource Estimate (CV5 & CV13 pegmatites) and deemed enough and applicable to business perfect practices (mentioned in a technical file titled “NI 43–101 Technical Report, Preliminary Economic Assessment for the Shaakichiuwaanaan Project, James Bay Region, Quebec, Canada” by way of Todd McCracken, P.Geo., Hugo Latulippe, P.Eng., Shane Ghouralal, P.Eng., MBA, and Luciano Piciacchia, P.Eng., Ph.D., of BBA Engineering Ltd., Ryan Cunningham, M.Eng., P.Eng., of Primero Workforce Americas Inc., and Nathalie Fortin, P.Eng., M.Env., of WSP Canada Inc., Efficient Year of August 21, 2024, and Factor Year of September 12, 2024.
Moreover, the Corporate frequently evaluations and evaluates its procedures to bring to optimize and safeguard compliance in any respect ranges of pattern information assortment and dealing with.

Division 2 – Reporting of Exploration Effects

Standards

JORC Code rationalization

Remark

Mineral tenement and land tenure situation

Kind, reference identify/quantity, location and possession together with assurances or subject matter problems with 3rd events reminiscent of joint ventures, partnerships, overriding royalties, local identify pursuits, historic websites, desolate tract or nationwide ground and environmental settings.
The protection of the tenure held on the presen of reporting together with any identified impediments to acquiring a licence to perform within the section.

The Shaakichiuwaanaan Trait (previously known as “Corvette”) is made out of 463 CDC claims situated within the James Bay Area of Quebec, with Lithium Innova Inc. (absolutely owned subsidiary of Patriot Battery Metals Inc.) being the registered identify holder for all the claims. The northern border of the Trait’s number one declare stop is situated inside of roughly 6 km to the south of the Trans-Taiga Highway and powerline infrastructure hall. The CV5 Spodumene Pegmatite is available year-round by way of all-season street is located roughly 13.5 km south of the regional and all–climate Trans-Taiga Highway and powerline infrastructure. The CV13 and CV9 spodumene pegmatites are situated roughly 3 km west-southwest and 14 km west of CV5, respectively.
The Corporate holds 100% hobby within the Trait matter to numerous royalty responsibilities relying on latest acquisition assurances. DG Assets Control holds a 2% NSR (deny buyback) on 76 claims, D.B.A. Canadian Mining Space holds a 2% NSR on 50 claims (1/2 buyback for $2M), Osisko Gold Royalties holds a sliding scale NSR of one.5-3.5% on valuable metals, and a couple of% on all alternative merchandise, over 111 claims, and Azimut Exploration holds 2% on NSR on 39 claims.
The Trait does now not overlap any atypically delicate environmental boxes or landscapes, or historic websites to the information of the Corporate. There aren’t any identified hinderances to working on the Trait, aside from the goose harvesting season (normally mid-April to mid-Would possibly) the place the communities request helicopter gliding now not be finished, and probably wildfires relying at the season, scale, and site.
Declare expiry dates field from September 2025 to July 2027.

Exploration finished by way of alternative events

Acknowledgment and appraisal of exploration by way of alternative events.

Negative core assay effects from alternative events are disclosed herein.
The newest distant Trait evaluate was once a technical file titled “NI 43–101 Technical Report, Preliminary Economic Assessment for the Shaakichiuwaanaan Project, James Bay Region, Quebec, Canada” by way of Todd McCracken, P.Geo., Hugo Latulippe, P.Eng., Shane Ghouralal, P.Eng., MBA, and Luciano Piciacchia, P.Eng., Ph.D., of BBA Engineering Ltd., Ryan Cunningham, M.Eng., P.Eng., of Primero Workforce Americas Inc., and Nathalie Fortin, P.Eng., M.Env., of WSP Canada Inc., Efficient Year of August 21, 2024, and Factor Year of September 12, 2024.

Geology

Storehouse sort, geological surroundings and magnificence of mineralization.

The Trait overlies a huge portion of the Lac Guyer Greenstone Belt, thought to be a part of the bigger La Grande River Greenstone Belt and is ruled by way of volcanic rocks metamorphosed to amphibolite facies. The declare stop is dominantly host to rocks of the Guyer Workforce (amphibolite, iron formation, intermediate to mafic volcanics, peridotite, pyroxenite, komatiite, in addition to felsic volcanics). The amphibolite rocks that development east-west (most often steeply south dipping) thru this area are bordered to the north by way of the Magin Formation (conglomerate and wacke) and to the south by way of an assemblage of tonalite, granodiorite, and diorite, along with metasediments of the Marbot Workforce (conglomerate, wacke). A number of regional-scale Proterozoic gabbroic dykes additionally abridge thru parts of the Trait (Lac Spirt Dykes, Senneterre Dykes).
The geological surroundings is potential for gold, silver, bottom metals, platinum workforce components, and lithium over a number of other storagefacility kinds together with orogenic gold (Au), volcanogenic large sulfide (Cu, Au, Ag), komatiite-ultramafic (Au, Ag, PGE, Ni, Cu, Co), and pegmatite (Li, Ta).
Exploration of the Trait has defined 3 number one mineral exploration developments crossing dominantly east-west over huge parts of the Trait – Blonde Development (gold), Maven Development (copper, gold, silver), and CV Development (lithium, tantalum). The CV5 and CV13 spodumene pegmatites are located inside the CV Development. Lithium mineralization on the Trait, together with at CV5, CV13, and CV9, is seen to happen inside of quartz-feldspar pegmatite, that may be uncovered at floor as towering vacay ‘whale-back’ landforms. The pegmatite is ceaselessly very coarse-grained and off-white in look, with darker divisions recurrently composed of mica and smoky quartz, and coffee tourmaline.
The lithium pegmatites at Shaakichiuwaanaan are categorised as LCT Pegmatites. Core assays and ongoing mineralogical research, coupled with farmland mineral identity and assays verify spodumene because the dominant lithium-bearing mineral at the Trait, with out a vital petalite, lepidolite, lithium-phosphate minerals, or apatite provide. The spodumene crystal measurement of the pegmatites is normally decimetre scale, and due to this fact, very huge. The pegmatites additionally raise vital tantalum values with tantalite indicated to be the mineral section.

Drill gap Data

A abstract of all knowledge subject matter to the figuring out of the exploration effects together with a tabulation of please see knowledge for all Subject matter drill holes:
- easting and northing of the drill gap collar
- elevation or RL (Lowered Stage – elevation above sea degree in metres) of the drill gap collar
- dip and azimuth of the outlet
- unwell gap area and interception intensity
- gap area.
If the exclusion of this knowledge is truthful at the foundation that the tips isn’t Subject matter and this exclusion does now not detract from the figuring out of the file, the Competent Particular person must obviously provide an explanation for why that is the case.

Drill gap property knowledge is incorporated in a desk herein.
Pegmatite intersections of <2 m don’t seem to be normally introduced as they’re thought to be insignificant.

Knowledge aggregation forms

In reporting Exploration Effects, weighting averaging ways, most and/or minimal grade truncations (eg slicing of towering grades) and cut-off grades are most often Subject matter and must be mentioned.
The place combination intercepts incorporate decrease lengths of towering grade effects and longer lengths of low grade effects, the process impaired for such aggregation must be mentioned and a few conventional examples of such aggregations must be proven in property.
The guesses impaired for any reporting of steel similar values must be obviously mentioned.

Field weighted averages had been impaired to calculate grade over width.
Negative explicit grade cap or cut-off was once impaired right through grade width calculations. The lithium and tantalum area weighted moderate grade of all of the pegmatite pause is calculated for all pegmatite periods over 2 m core area, in addition to increased grade zones on the discretion of the geologist. Pegmatites have inconsistent mineralization by way of nature, for the purpose of some periods having a little choice of poorly mineralized samples incorporated within the calculation. Non-pegmatite inside dilution is proscribed to normally <3 m the place related and periods indicated when assays are reported.
Negative steel equivalents were reported.

Dating between mineralization widths and intercept lengths

Those relationships are in particular remarkable within the reporting of Exploration Effects.
If the geometry of the mineralization with recognize to the drill gap attitude is understood, its nature must be reported.
If it isn’t identified and best the unwell gap lengths are reported, there must be a sunlit observation to this impact (eg ‘unwell gap area, true width now not identified’).

At CV5, geological modelling is ongoing on a hole-by-hole foundation and as assays are won. Then again, flow interpretation helps a essential, huge pegmatite frame of close vertical to steeply dipping orientation, flanked by way of a number of subordinate pegmatite lenses (jointly, the ‘CV5 Spodumene Pegmatite’)
At CV13, geological modelling is ongoing on a hole-by-hole foundation and as assays are won. Then again, flow interpretation helps a order of sub-parallel trending sills with a flat-lying to shallow northerly dip (jointly, the ‘CV13 Spodumene Pegmatite’)
At CV9, geological modelling is ongoing on a hole-by-hole foundation and as assays are won. Then again, flow interpretation signifies CV9 is made out of a unmarried essential dyke, which outcrops at floor, has a steep northerly dip, and is slightly plunging to the east-southeast. A clash area of 450 m has been delineated thru drilling and outcrop.
All reported widths are core area. True widths don’t seem to be calculated for each and every gap because of the quite vast drill spacing at this level of delineation and the standard abnormal nature of pegmatite, in addition to the assorted drill gap orientations. As such, true widths might range extensively from gap to gap.

Diagrams

Suitable maps and divisions (with scales) and tabulations of intercepts must be incorporated for any vital discovery being reported Those must come with, however now not be restricted to a plan view of drill gap collar places and suitable sectional perspectives.

Please please see the figures incorporated herein in addition to the ones posted at the Corporate’s web site.

Balanced reporting

The place complete reporting of all Exploration Effects isn’t practicable, consultant reporting of each high and low grades and/or widths must be practiced to steer clear of deceptive reporting of Exploration Effects.

Please please see the desk(s) incorporated herein in addition to the ones posted at the Corporate’s web site.
Effects for pegmatite periods <2 m don’t seem to be reported.

Alternative substantive exploration information

Alternative exploration information, if significant and subject matter, must be reported together with (however now not restricted to): geological observations; geophysical survey effects; geochemical survey effects; bulk samples – measurement and form of remedy; metallurgical take a look at effects; bulk density, groundwater, geotechnical and rock traits; possible deleterious or contaminating ingredients.

The Corporate is these days finishing website environmental paintings over the CV5 and CV13 pegmatite section.
The Corporate has finished a bathymetric survey over the shallow frigid pond which overlies a portion of the CV5 Spodumene Pegmatite. The pond intensity levels from <2 m to roughly 18 m, despite the fact that nearly all of the CV5 Spodumene Pegmatite, as delineated to year, is overlain by way of normally <2 to ten m of H2O.
The Corporate has finished vital metallurgical checking out made out of HLS and magnetic checking out, which has produced 6+% Li₂O spodumene concentrates at >70% cure on each CV5 and CV13 pegmatite subject matter, indicating DMS as a viable number one procedure means, and that each CV5 and CV13 may just probably feed the similar procedure plant. A DMS take a look at on CV5 Spodumene Pegmatite subject matter returned a spodumene listen grading 5.8% Li₂O at 79% cure, strongly indicating possible for a DMS best operation to be appropriate. Moreover, a extra expansive DMS pilot program has been finished, together with with non-pegmatite dilution, and has produced ends up in order with prior testwork.
Diverse mandates required for advancing the Venture in opposition to Feasibility were initiated, together with however now not restricted to, environmental baseline, metallurgy, geomechanics, hydrogeology, hydrology, stakeholder engagement, geochemical characterization, in addition to mining, transportation, and logistical research.

Additional paintings

The character and scale of deliberate additional paintings (eg exams for lateral extensions or intensity extensions or large-scale step-out drilling).
Diagrams obviously highlighting the boxes of imaginable extensions, together with the primary geological interpretations and time drilling boxes, supplied this knowledge isn’t commercially delicate.

The Corporate intends to proceed drilling the pegmatites of the Shaakichiuwaanaan Trait, centered at the CV5 Pegmatite and adjoining subordinate lenses, in addition to the CV13 Pegmatite and matching potential corridors.

SOURCE Patriot Battery Metals Inc.