Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX:
PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA), which is developing
the Corvette Property (the “Property” or “Project”), a hard-rock
lithium exploration property wholly owned by the Company, is
located in the Eeyou Istchee James Bay region of Quebec. The
Company today announced that Ken Brinsden, President and CEO,
will present live at the OTCQX Best 50 Virtual Investor Conference
hosted by VirtualInvestorConferences.com, on April 18th, 2024.
DATE: April
18thTIME: 11:30AMLINK:
https://bit.ly/48OzEYkAvailable for 1x1 meetings: April 18th
This will be a live, interactive online event
where investors are invited to ask the Company questions in
real-time. If attendees are not able to join the event live on the
day of the conference, an archived webcast will also be made
available after the event.
It is recommended that online investors
pre-register and run the online system check to expedite
participation and receive event updates.
Learn more about the event at
www.virtualinvestorconferences.com.
Recent Company Highlights
- New spodumene pegmatite occurrence
discovered (CV14) along geological trend of CV9 and CV10 during the
2023 surface program.
- The Company continues to intersect
spodumenes at the CV13 pegmatite, as shown by drill results from
summer-fall 2023 program. The CV13 pegmatite has been traded over a
2.3 km strike length while remaining open at both ends and to
depth.
- The Company’s exploration camp,
Shaakichiuwaanan, is operational at an initial 80-person capacity,
with a planned increase to at least a 132-persons later in the
year.
About Patriot Battery
Metals
Patriot Battery Metals Inc. is a hard-rock
lithium exploration company focused on advancing its district-scale
100% owned Corvette Property located in the Eeyou Istchee James Bay
region of Quebec, Canada, and proximal to regional road and
powerline infrastructure. The Corvette Property hosts the CV5
Spodumene Pegmatite with a maiden mineral resource estimate of
109.2 Mt at 1.42% Li2O inferred1 and ranks as the largest
lithium pegmatite resource in the Americas based on contained
lithium carbonate equivalent (LCE), and one of the top 10 largest
lithium pegmatite resources in the world. Additionally, the
Corvette Property hosts multiple other spodumene pegmatite clusters
that remain to be drill tested, as well as more than 20 km of
prospective trend that remains to be assessed.
1 The CV5 mineral resource estimate (109.2 Mt at
1.42% Li2O and 160 ppm Ta2O5 inferred) is reported at a cut-off
grade of 0.40% Li2O with effective date of June 25, 2023 (through
drill hole CV23-190). Mineral resources are not mineral reserves as
they do not have demonstrated economic viability.
Qualified/Competent Person
The information in this news release that
relates to exploration results for the Corvette Property is based
on, and fairly represents, information compiled by Mr. Darren L.
Smith, M.Sc., P.Geo., who is a Qualified Person as defined by
National Instrument 43-101 – Standards of Disclosure for Mineral
Projects, and member in good standing with the Ordre des Géologues
du Québec (Geologist Permit number 01968), and with the Association
of Professional Engineers and Geoscientists of Alberta (member
number 87868). Mr. Smith has reviewed and approved the
technical information in this news release.
Mr. Smith is Vice President of Exploration for
Patriot Battery Metals Inc. and holds common shares and options in
the Company.
Mr. Smith has sufficient experience, which is
relevant to the style of mineralization, type of deposit under
consideration, and to the activities being undertaken to qualify as
a Competent Person as described by the Australasian Code for
Reporting of Exploration Results, Mineral Resources and Ore
Reserves (the JORC Code). Mr. Smith consents to the inclusion in
this news release of the matters based on his information in the
form and context in which it appears.
About Virtual Investor
Conferences®
Virtual Investor Conferences (VIC) is the
leading proprietary investor conference series that provides an
interactive forum for publicly traded companies to seamlessly
present directly to investors.
Providing a real-time investor engagement
solution, VIC is specifically designed to offer companies more
efficient investor access. Replicating the components of an
on-site investor conference, VIC offers companies enhanced
capabilities to connect with investors, schedule targeted
one-on-one meetings and enhance their presentations with dynamic
video content. Accelerating the next level of investor engagement,
Virtual Investor Conferences delivers leading investor
communications to a global network of retail and institutional
investors.
CONTACTS:
Patriot Battery MetalsOlivier
Caza-LapointeHead of IR – North America1 (514)
913-5264Ocazalapointe@patriotbatterymetals.com
Virtual Investor
ConferencesJohn M. ViglottiSVP Corporate Services,
Investor AccessOTC Markets Group(212)
220-2221johnv@otcmarkets.com
Disclaimer for Forward-looking Information
This news release contains “forward-looking
information” or “forward-looking statements” within the meaning of
applicable securities laws and other statements that are not
historical facts. Forward-looking statements are included to
provide information about management’s current expectations and
plans that allows investors and others to have a better
understanding of the Company’s business plans and financial
performance and condition.
All statements, other than statements of
historical fact included in this news release, regarding the
Company’s strategy, future operations, technical assessments,
prospects, plans and objectives of management are forward-looking
statements that involve risks and uncertainties. Forward-looking
statements are typically identified by words such as “plan”,
“expect”, “estimate”, “intend”, “anticipate”, “believe”, or
variations of such words and phrases or statements that certain
actions, events or results “may”, “could”, “would”, “might” or
“will” be taken, occur or be achieved. In particular and without
limitation, this news release contains forward-looking statements
pertaining to the expansion of the Company’s exploration camp.
Forward-looking information is based upon
certain assumptions and other important factors that, if untrue,
could cause the actual results, performance or achievements of the
Company to be materially different from future results, performance
or achievements expressed or implied by such information or
statements. There can be no assurance that such information or
statements will prove to be accurate. Key assumptions upon which
the Company’s forward-looking information is based include that
proposed exploration and mineral resource estimate work on the
Corvette Property will continue as expected, and that exploration
and development results continue to support management’s current
plans for Corvette Property development.
Readers are cautioned that the foregoing list is
not exhaustive of all factors and assumptions which may have been
used. Forward-looking statements are also subject to risks and
uncertainties facing the Company’s business, any of which could
have a material adverse effect on the Company’s business, financial
condition, results of operations and growth prospects. Some of the
risks the Company faces and the uncertainties that could cause
actual results to differ materially from those expressed in the
forward-looking statements include, among others, the ability to
execute on plans relating to the Company’s Corvette Project,
including the timing thereof. In addition, readers are directed to
carefully review the detailed risk discussion in the Company’s most
recent Annual Information Form filed on SEDAR+, which discussion is
incorporated by reference in this news release, for a fuller
understanding of the risks and uncertainties that affect the
Company’s business and operations.
Although the Company believes its expectations
are based upon reasonable assumptions and has attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
forward-looking statements, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended. There can be no assurance that forward-looking
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
information. As such, these risks are not exhaustive; however, they
should be considered carefully. If any of these risks or
uncertainties materialize, actual results may vary materially from
those anticipated in the forward-looking statements found herein.
Due to the risks, uncertainties and assumptions inherent in
forward-looking statements, readers should not place undue reliance
on forward-looking statements.
Forward-looking statements contained herein are
presented for the purpose of assisting investors in understanding
the Company’s business plans, financial performance and condition
and may not be appropriate for other purposes.
The forward-looking statements contained herein
are made only as of the date hereof. The Company disclaims any
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except to the extent required by applicable law. The
Company qualifies all of its forward-looking statements by these
cautionary statements.
Competent Person Statement (ASX Listing Rule
5.22)
The mineral resource estimate in this release
was reported by the Company in accordance with ASX Listing Rule 5.8
on July 31, 2023. The Company confirms it is not aware of any new
information or data 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 the form and context in which the competent person’s
findings are presented have not been materially modified from the
original market announcement.