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Patriot Battery Metals Provides Operational Update on Work Programs at Corvette Property, Quebec, Canada

summary:

  • Notices have been issued by the Department of Natural Resources and the Department of Forests recommending that access to the forest on the Corvette property due to fire conditions be lifted from June 14, 2023.
  • The Company has initiated a remobilization of field exploration and camp construction activities. The situation will be closely monitored during remobilization and operations to ensure everyone’s safety.
  • The Quebec fire occurred more than 80 kilometers from the company’s premises, but did not affect company property.
  • We plan to mobilize on-site and resume all activities by the end of June.
  • The Company continues to target a July 2023 release of CV5’s initial Mineral Resource Estimate, which includes all boreholes completed by April 17, 2023 (i.e., the most recently completed winter drilling program).

VANCOUVER, British Columbia and Sydney, Australia, June 15, 2023 (Globe Newswire) — Patriot Battery Metals Inc. (“Company” or “Patriot”) (TSX-V: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) provides updates on its work program and the lifting of the fire ban on company operations. The fire occurred more than 50 miles (80 kilometers) from the company’s property, but did not affect the building. The Company will commence a summer-fall 2023 training and surface exploration program at its wholly-owned Corvette facility (the “Property” or “Project”) in the Yeou-Istichi-James Bay area, Quebec in late May. bottom.

Exploration in summer-fall 2023 includes both a drilling and surface exploration program that began at the facility in late May. The multirig drill program targets further delineation of the CV5 and CV13 pegmatites and drill testing of other previously identified spodumene pegmatite clusters (that is, CV4, CV8-12, CV9, and CV10). Surface programs include mapping of known spodumene pegmatite clusters and local trends, and exploration and rock sampling over most of the remaining 20 km or more of expected lithium pegmatite trends.

About Patriot Battery Metals

Patriot Battery Metals, Inc. is a hard rock lithium exploration company focused on the development of a district-scale, 100% owned Corvette real estate located in the EU Isticie James Bay area of ​​Quebec, Canada. The Corvette property is one of the largest and finest hard rock lithium projects currently under consideration, with a strike length of over 50 kilometers on a 214 square kilometer land package, and more than 70 lithium-bearing pegmatite outcrops identified to date. It is

The Corvette property is located near the all-weather Trans Taiga Road and Hydro-Québec transmission line infrastructure in the Yeou-Istichi-James Bay region of Quebec. The property has significant lithium potential due to the CV5 pegmatite. This pegmatite was tracked by drilling over a strike length of at least 3.7 km, revealing a spodumene pegmatite at a vertical depth of 425 m.

For more information, please contact us. This email address is being protected from spambots. JavaScript must be enabled to view. Or call +1 (604) 279-8709 or visit www.patriotbatterymetals.com. See also our continuous disclosure files under profile on www.sedar.com and www.asx.com.au for available exploration data.

This news release has been approved by the Board of Directors and

The Blair Way
Blair Way, President, CEO, Director

Forward-Looking Information Disclaimer

This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by words such as “will,” “may,” “should,” “anticipate,” “anticipate,” or similar expressions. increase. All statements other than statements of historical fact contained in this news release are forward-looking statements that involve risks and uncertainties, including the potential continuity of pegmatite orebodies and estimates of mineral resources. This includes but is not limited to preparation statements. There can be no assurance that such statements will prove to be accurate and actual results, and future events may differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations include the results of further investigations and tests and other details detailed from time to time in our filings with securities regulators. includes the risk of www.asx.com.au. Readers are cautioned that the assumptions used in preparing the forward-looking information may prove to be incorrect. Actual results may differ materially from those projected as a result of a number of known and unknown risks, uncertainties and other factors, many of which are beyond our control. . Readers are cautioned not to place undue reliance on forward-looking information. Such information, although believed to be reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. . Any forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release, and we will publicly update any forward-looking statements contained if expressly required by applicable law. or revise.

No securities regulator or stock exchange has considered and is not responsible for the adequacy or accuracy of the contents of this news release.

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