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Patriot Provides Progress Update on the Feasibility Study at the Shaakichiuwaanaan Property
Patriot Provides Progress Update on the Feasibility Study at the Shaakichiuwaanaan Property ...
About this update from Pmet Resources Inc.
[{"type":"text","content":"\n\n\n\n Patriot Provides Progress Update on the Feasibility Study at the Shaakichiuwaanaan Property\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n March 18, 2025\n \n\n /CNW/ -\n \n\n March 19, 2025\n \n –\n \n Sydney, Australia\n \n\n\n\n\n Highlights\n \n\n\n\n\n Feasibility Study progressing to plan with a target\n \n September 2025\n \n completion date.\n \n\n\n Updated\n \n Block model\n \n for the\n \n CV5\n \n Pegmatite has been completed and handed over to the FS team using the extensive resource development/infill drilling program from 2024 and inclusive of the high-grade\n \n Nova Zone\n \n (see news release dated\n \n\n February 27, 2025\n \n\n ).\n \n\n FS will support the Company's ESIA submission which is also expected to be finalized and submitted in\n \n September 2025\n \n .\n \n\n FS is expected to closely resemble the scope proposed in the previously published PEA, inclusive of utilizing Dense Media Separation (\"\n \n DMS\n \n \") only processing and staged production growth.\n \n\n Strong cash position post the Volkswagen/PowerCo strategic investment and offtake agreement supports continued project progress through the FS and ongoing environmental approvals.\n \n\n\n\n Ken Brinsden\n \n , Patriot CEO and President, comments: \"Building on the significant progress achieved over the last 3 years at Shaakichiuwaanaan, the team is well advanced in 2025 with multiple parallel workstreams underway around resource development, environmental studies and documentation, and the Feasibility Study.\"\n \n\n \"With the support of our key strategic shareholders VW, the Company has been unwavering in progressing the project as quickly and efficiently ...