financetom
Business
financetom
/
Business
/
Patriot Battery Metals Defines "World's Largest" Caesium Pegmatite Mineral Resource at Shaakichiuwaanaan
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Patriot Battery Metals Defines "World's Largest" Caesium Pegmatite Mineral Resource at Shaakichiuwaanaan
Jul 21, 2025 3:58 AM

06:36 AM EDT, 07/21/2025 (MT Newswires) -- Patriot Battery Metals ( PMETF ) late on Sunday released a maiden mineral resource estimate for caesium at the Rigel and Vega zones of the Shaakichiuwaanaan property in Quebec, confirming that the project hosts the "world's largest" pollucite-hosted caesium pegmatite deposit.

The company declared a maiden caesium zone mineral resource estimate with an indicated resource of 163,000 tonnes at 10% caesium oxide, 1.8% lithium oxide and 646 ppm tantalum pentoxide at the Rigel zone; and an indicated resource of 530,000 tonnes at 2.6% Cs2O, 2.2% Li2O and 172 ppm Ta2O5 and inferred resource of 1.7 million tonnes at 2.4% Cs2O, 1.8% Li2O and 245 ppm Ta2O5 at the Vega zone.

The mineral resource estimate for Rigel and Vega, hosted within the open-pit resource component of the CV13 Pegmatite, has a total contained caesium metal content of 30,500 tonnes Cs2O indicated and 40,800 tonnes Cs2O inferred.

Coincident with the pollucite-hosted caesium at Rigel and Vega is high-grade lithium and tantalum, present in the host minerals spodumene and tantalite, respectively.

The footprint of caesium mineralization at Rigel has been traced over a general area of at least 200 meters by 100 meters. At the Vega Zone, the footprint has been traced over a general area of at least 800 meters by 250 meters.

"To find a pollucite-hosted caesium deposit of this scale and grade is exceptionally rare, with only three deposits globally known to have produced this extremely high-value critical and strategic mineral," said Darren Smith, Patriot executive and vice president of exploration.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tennis-Charleston Open is first clay tournament to use electronic line calling
Tennis-Charleston Open is first clay tournament to use electronic line calling
Mar 26, 2025
March 26 (Reuters) - The Charleston Open will become the first WTA Tour clay tournament to use Electronic Line Calling Live (ELC Live), the women's tennis governing body said on Wednesday. The event, which runs from March 29 to April 6, will use ELC Live technology for out calls in qualifying and main-draw matches. The introduction of Electronic Line Calling...
Coca Cola bottlers raided by EU antitrust regulators, source says
Coca Cola bottlers raided by EU antitrust regulators, source says
Mar 26, 2025
BRUSSELS (Reuters) - Coca Cola bottlers were raided by EU antitrust regulators earlier this month, a person with direct knowledge of the matter said. The European Commission announced the raids on non-alcoholic drinks companies in several EU countries on March 10 but did not name them. It cited concerns about possible curbs on the trade of goods across Europe and...
Trump could use 2019 investigation to justify tariffs on auto imports
Trump could use 2019 investigation to justify tariffs on auto imports
Mar 26, 2025
By Andrea Shalal and David Lawder WASHINGTON (Reuters) - U.S. President Donald Trump's administration is likely to use an investigation completed during his first term in office to justify auto tariffs that he says are imminent, industry experts and former U.S. officials said. Trump on Monday told reporters at the White House the long-promised tariffs on imported cars may be...
Moderna, Novavax Shares Are Sliding Wednesday: What's Going On?
Moderna, Novavax Shares Are Sliding Wednesday: What's Going On?
Mar 26, 2025
Vaccine makers Moderna Inc ( MRNA ) and Novavax Inc ( NVAX ) are facing selling pressure on Wednesday following reports suggesting the Trump administration will end support for Gavi. What To Know: According to a New York Times report, The Trump administration plans to cease financial support for vaccine alliance Gavi, which helps buy vaccines for children in developing...
Copyright 2023-2026 - www.financetom.com All Rights Reserved