Patriot Battery Metals Inc. (TSXV: PMET) (ASX: PMT) has obtained high-grade core assay results for the final ten drill holes completed at the CV5 Pegmatite from its 2022 drill campaign at its wholly owned Corvette Property, located in the James Bay Region of Quebec.
“The results herein conclude the release of core assays from the 2022 drill campaign at the CV5 Pegmatite and we could not be more thrilled with the results. We have exceeded all of our program objectives, expanding the known mineralized system from a few hundred metres along-strike in 2021, to at least 2.2km in 2022, remaining open and demonstrating high-grades at both ends,” President, CEO and Director, Blair Way, said.
“We have just recently commenced our 2023 drill campaign and will continue to aggressively delineate what we believe will be a top tier lithium asset globally when fully defined.”
The latest ten drill holes (NQ core size – 47.6mm inside diameter) targeted mineralization at the eastern extent of the currently defined CV5 Pegmatite as well as at depth over the central and eastern areas.
Highlights include drill hole CV22-093, the most easterly drill hole competed at the CV5 Pegmatite in 2022, which returned 52.2m @3.34% Li2O, including 15.0m @5.10% Li2O or 2.0m @6.17% Li2O and was completed as a 100m step-out along strike of drill hole CV22-083, which intersected 25.0m of 5.04% Li2O.
The results of drill hole CV22-093 (15.0 m @5.10% Li2O) confirm the extension of the high-grade Nova Zone eastward – by at least 100 m – as previously intersected in drill holes CV22-017 (40.7 m @3.01% Li2O), CV22-042 (37.0 m @3.04% Li2O), CV22-066 (38.0 m @2.17% Li2O, including 2.0 m @6.41% Li2O)
Collectively, core assays from these drill holes – CV22-017 to 093 – define a strike length for this high-grade zone of approximately 350m and remains open to the east. Drill hole CV22-100, as announced herein, also tested the Nova Zone between drillholes CV22-042 and 063, at a similar depth, and returned a strongly mineralized interval of 131.2 m @1.96% Li2O, including 57.0 m @2.97% Li2O.
Drill holes CV22-087, 094, 098, and 102 tested two areas of the system at depth and returned nil to minor pegmatite intervals. This contrasts with drill holes situated further west along strike, which have tested the same depth intervals and returned strong intervals of mineralized pegmatite. These drill holes highlight the inherent pinch and swell nature of pegmatite systems.
The 2022 drill campaign at Corvette has significantly expanded lithium mineralization at the CV5 Pegmatite. The drilling to date has largely been completed at approximately 100m spacing (down to ~50 m in some places) with the principal spodumene pegmatite body (CV5), flanked by several secondary lenses, currently traced by drilling over a distance of at least 2,200 m (CV22-074 to CV22-093), remaining open along strike at both ends and to depth along most of its length. The final step-out hole to the west of the 2022 drill campaign returned 16.9m @2.00% Li2O (CV22-074) and to the east returned 52.2m @3.34% Li2O (CV22-093), demonstrating high-grades at both ends of the currently defined 2.2 km spodumene pegmatite strike length, and remains open.
All core assays from the 2022 drill campaign at the CV5 Pegmatite have now been reported, with core assays for all 14 drill holes completed at the CV13 Pegmatite cluster remaining to be reported.
Through 2022, the Company has completed ninety-five (95) NQ core size drill holes, totalling 27,470m, at targets along the CV Lithium Trend – 80 drill holes totalling 24,709m at the CV5 Pegmatite and proximal lenses, 14 drill holes totalling 2,647m at the CV13 Pegmatite cluster, and drill hole totalling 114m at the CV12 Pegmatite cluster.
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