VANCOUVER,
BC, Dec. 18, 2024 /PRNewswire/ -
December 18, 2024 –
Sydney, Australia
Patriot Battery Metals Inc. (the
"Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF)
(FSE: R9GA) is pleased to advise that
Ken Brinsden, the Company's
President, CEO and Managing Director, will host a live investor
webinar today, December 18,
2024, following the announcement of an equity
investment, off-take and strategic partnership with Volkswagen
Group and PowerCo.
Mr Brinsden will discuss the strategic
rationale and implications of the transaction for Patriot and its
strategy to develop the Shaakichiuwaanaan Lithium Project in
Quebec, Canada.
There will be an opportunity for investors,
analysts and shareholders to submit questions via the Q&A tab
within the webinar portal following the completion of Mr Brinsden's
presentation. Alternatively, questions can be submitted in
advance via email to the Company's Investor Relations Manager,
Mr Olivier Caza-Lapointe, at
ocazalapointe@patriotbatterymetals.com.
Registration Details
North American Time Zone – Commencing
at 8.00am
Canadian Eastern Standard Time and will last approximately 45
minutes. Investors, shareholders and media can register to attend
the webinar via the following link:
https://www.bigmarker.com/read-corporate/Patriot-Battery-Metals
A recording of the webinar will be released
through Patriot's website and social media platforms for the
benefit of investors who are unable to attend the live
webinar.
About Patriot Battery Metals Inc.
Patriot Battery Metals Inc. is a hard-rock
lithium exploration company focused on advancing its district-scale
100%-owned Shaakichiuwaanaan Property (formerly known as Corvette)
located in the Eeyou Istchee James Bay region of Québec,
Canada, which is accessible
year-round by all-season road and is proximal to regional powerline
infrastructure. The Shaakichiuwaanaan Mineral
Resource[1], which includes 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 largest lithium
pegmatite resource in the Americas, and the
8th largest lithium pegmatite resource in the
world. Additionally, the Shaakichiuwaanaan Property hosts multiple
other spodumene pegmatite clusters that remain to be drill tested,
as well as significant areas of prospective trend that remain to be
assessed.
For further information, please contact us
at info@patriotbatterymetals.com or by
calling +1 (604) 279-8709, or
visit www.patriotbatterymetals.com. Please also
refer to the Company's continuous disclosure filings, available
under its profile
at www.sedarplus.ca and www.asx.com.au,
for available exploration data.
Competent Person Statement (ASX Listing
Rule 5.23)
The mineral resource estimate in this
release was reported by the Company in accordance with ASX Listing
Rule 5.8 on August 5, 2024. The
Company confirms that, as of the date of this announcement, it is
not aware of any new information or data verified by the competent
person that materially affects the information included in the
announcement and that all material assumptions and technical
parameters underpinning the estimates in the announcement continue
to apply and have not materially changed. The Company confirms
that, as at the date of this announcement, the form and context in
which the competent person's findings are presented have not been
materially modified from the original market
announcement
This news release has been approved by the
Board of Directors.
"KEN
BRINSDEN"
Kenneth
Brinsden, President, CEO, & Managing
Director.
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1
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The Company's "NI
43-101 Technical Report Preliminary Economic Assessment for
the Shaakichiuwaanaan Project" dated August 21, 2024 was
prepared by Todd McCracken, P.Geo., Hugo Latulippe, P.Eng., Shane
Ghouralal, P.Eng., MBA, Luciano Piciacchia, P.Eng., Ph.D, Ryan
Cunningham, M.Eng., P.Eng. and Nathalie Fortin, P.Eng., M.Env., and
is available on SEDAR+. Shaakichiuwaanaan (CV5 & CV13) Mineral
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 0.80%
Li2O (underground CV13) with an Effective Date of June
27, 2024 (through drill hole CV24-526). Mineral Resources are not
Mineral Reserves as they do not have demonstrated economic
viability.
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SOURCE Patriot Battery Metals Inc.