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New High-Grade Zone Discovered at CV13 - 34.4 M at 2.90% Li2O, Including 21.9 M at 3.58% Li2O, Corvette

PR Newswire ·  May 7 10:24

Highlights

  • New high-grade spodumene pegmatite zone discovered at CV13.
    • 34.4 m at 2.90% Li2O, including 21.9 m at 3.58% Li2O (CV24-470).
    • Mineralization at shallow depth (starting at ~125 m vertical depth from surface) with a near-horizontal orientation, and open in multiple directions.
    • Results pending for multiple follow-up holes.
  • Focus of 2024 winter drilling at CV13 was step-out holes in support of a maiden mineral resource estimate for the pegmatite.
  • The 2024 winter drill program (now complete), totaled 62,518 m (166 holes), including 50,961 m (121 holes) at CV5, and 11,557 m (45 holes) at CV13, of which 46,651 m (131 holes) remain to be reported – 35,375 m (87 holes) at CV5, and 11,276 (44 holes) at CV13.
  • Updated mineral resource estimate, scheduled for Q3 2024, will focus on upgrading the resource category at CV5 and include a maiden resource at CV13.

VANCOUVER, BC, May 6, 2024 /PRNewswire/ - May 7, 2024 – Sydney, Australia

Figure 1: Preliminary cross-section of the CV13 geological model at the end of the April 2024 program. Results announced herein for drill hole CV24-470. (CNW Group/Patriot Battery Metals Inc)
Figure 2: Drill holes completed at the CV13 Spodumene Pegmatite through April 2024. (CNW Group/Patriot Battery Metals Inc)
Figure 3: High-grade spodumene pegmatite intercept in drill hole CV24-470 at CV13. Core grades ~3.0% Li2O over interval presented (137.7 m to 150.5 m) and 6.33% Li2O from 147.5 m to 148.4 m. (CNW Group/Patriot Battery Metals Inc)
Figure 4: Large spodumene crystal(s) in quartz pegmatite, drill hole CV24-470 at ~133 m depth. (CNW Group/Patriot Battery Metals Inc)
Table 1: Core assay summary for drill holes reported herein at the CV13 Spodumene Pegmatite. (CNW Group/Patriot Battery Metals Inc)
Table 2: Attributes for drill holes reported herein at the CV13 Spodumene Pegmatite. (CNW Group/Patriot Battery Metals Inc)
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