07:18 AM EDT, 05/01/2024 (MT Newswires) -- Patriot Battery Metals ( PMETF ) announced Wednesday core assay results for drill holes completed in 2024 at the CV5 Spodumene Pegmatite at the Corvette property located in the Eeyou Istchee James Bay region of Quebec.

The CV5 Spodumene Pegmatite, with a maiden mineral resource estimate (MRE) of 109.2 Mt at 1.42% Li2O inferred, is situated approximately 13.5 km south of the regional and all-weather Trans-Taiga Road and powerline infrastructure.

"The 2024 resource infill drilling at CV5 advanced very well over the recently completed winter program, with the first batch of assays producing some stellar results," Darren L. Smith, vice president of exploration said in a statement. "The company remains on schedule for a Q3 2024 update to the June 2023 maiden mineral resource estimate, which will include both the CV5 and CV13 spodumene pegmatites."

Drill results for 34 drill holes, completed during the recently completed 2024 winter drill program at the CV5 Spodumene Pegmatite, include these highlights: 126.3 m at 1.66% Li2O, including 54.9 m at 2.50% Li2O (CV24-374); 100.8 m at 1.97% Li2O, including 69.8 m at 2.52% Li2O (CV24-392); 90.2 m at 1.29% Li2O and 48.5 m at 1.25% Li2O (CV24-377); 94.9 m at 1.10% Li2O, including 26.1 m at 2.16% Li2O (CV24-378); and 70.1 m at 2.44% Li2O, including 46.9 m at 3.53% Li2O or 16.1 m at 5.02% Li2O (CV24-401A).

Collectively, through April, drilling has traced the CV5 Spodumene Pegmatite over a strike length of 4.6 km, which remains open along strike at both ends and to depth over a significant portion of its length.