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Patriot Battery Metals Extends Strike Length of the CV5 Pegmatite to 3.7 km, Corvette Property, Quebec, Canada
VANCOUVER, British Columbia and SYDNEY, Australia, May 01, 2023 (GLOBE NEWSWIRE) -- Highlights Extension of the CV5 spodumene pegmatite westwardly by 550 m. The
About this update from Pmet Resources Inc.
[{"type":"text","content":" VANCOUVER, British Columbia and SYDNEY, Australia, May 01, 2023 (GLOBE NEWSWIRE) -- Highlights Extension of the CV5 spodumene pegmatite westwardly by 550 m. The CV5 spodumene pegmatite has now been traced continuously by drilling (at ~50 - 150 m spacing) over a lateral distance of at least 3.7 km and remains open along strike at both ends and to depth along most of its length. These are the first drill holes completed to test a westward extension of the CV5 Pegmatite since summer of 2022, when spodumene pegmatite was confirmed to extend from the CV5 outcrop to the CV6 outcrop. The 2023 winter drill program has exceeded the total metres completed in the 2022 drill program with a total of eighty-nine (89) drill holes (~32,367 m) completed. Core sample assay results for sixty-seven (67) drill holes from the 2023 winter drill program remain to be reported. Validation and refinement of the geological model for the CV5 Pegmatite is in the advanced stages and will be followed by block modelling of final analytical data ahead of an initial mineral resource estimate. Summer-fall drill program to commence in late May at the CV5 and CV13 pegmatites. Blair Way, Company President and CEO, comments: “Our winter drill program at the CV5 Pegmatite has been a remarkable success. We have extended the spodumene mineralized pegmatite an additional 1.5 km over the course of the program for a current continuous strike length, which remains open at both ends, of 3.7 km. We are now undergoing final preparation for our summer-fall surface and drill exploration programs as we await final core sample assays from the recent drilling and move closer to an initial mineral resource estimate at CV5.” Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX-V: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to provide an update on the 2023 winter drill program recently completed at its wholly owned Corvette Property (the “Property”), located in the Eeyou Istchee James Bay region of Quebec. The winter phase of the 2023 drill campaign was focused on the CV5 Pegmatite, located approximately 13.5 km south of the regional and all-weather Trans-Taiga Road and powerline infrastructure. Since the last drill program update (see news release dated March 29, 2023), the Company is pleased to report a further extension of the CV5 Pegmatite westwardly by 550 m –...