Patriot Battery Metals Inc. Announces Technical Report Filing
Patriot Battery Metals Inc. Files NI 43-101 Technical Report
Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is excited to share its recent filing of a Technical Report, prepared per the standards of National Instrument 43-101. This report details the mineral resource estimate for the Shaakichiuwaanaan Project, a significant venture located in the James Bay region of Quebec.
Overview of the Technical Report
The Technical Report, titled "Mineral Resource Estimate for the Shaakichiuwaanaan Project, James Bay Region, Québec," presents crucial data regarding the project's potential, focusing on the strategic implications of the latest findings. This filing follows the announcement of a significant mineral resource estimate update for the CV5 and CV13 LCT Pegmatites within the project, highlighting the Rigel and Vega caesium zones.
Prepared by Industry Experts
Expertise was brought into this report by BBA Inc., alongside contributions from Primero Group Americas Inc. Both entities are independent consulting groups engaged in the resource evaluation, ensuring that the findings are credible and comprehensive. The report is now accessible on the SEDAR+ platform and will also be available on the Company's official website shortly.
Clarification Regarding Recent Updates
Throughout 2025, the Company provided essential updates regarding the Mineral Resource Estimate (MRE) of the Shaakichiuwaanaan Property. The first of these updates was made public in May, detailing a consolidated MRE focused on significant upgrades to the resource categories at CV5 and CV13 spodumene pegmatites. Despite the positive improvements, management deemed these updates as not requiring an updated Technical Report at that time.
Importance of the July Update
However, a subsequent announcement in July revealed what is recognized as the world's largest known pollucite-hosted caesium pegmatite mineral resource, proving critical to the project's future. This release emphasized the discovery of maiden caesium resources at the Rigel and Vega zones, which prompted the Company to file the Technical Report within the requisite period defined by NI 43-101.
About Patriot Battery Metals Inc.
Based in the Eeyou Istchee James Bay region, the Shaakichiuwaanaan Property (previously known as Corvette) is entirely owned by Patriot, making it a key asset in the company's portfolio. This property is accessible year-round, boasting proximity to essential infrastructure like regional power lines. The report highlights findings that indicate the presence of approximately 0.69 Mt at 4.40% Cs2O, classified as indicated resources, along with further inferred resources near the Rigel and Vega zones.
Future Exploration and Goals
As Patriot Battery Metals Inc. continues its focus on lithium exploration, the Company remains committed to advancing the Shaakichiuwaanaan Project efficiently. The significant resources underscore not just the potential for production but also the strategic importance of securing caesium, a resource critical for various technological applications.
For additional information, please feel free to reach out through the provided contact avenues or visit the official website for ongoing updates and exploration data.
Frequently Asked Questions
What does the NI 43-101 Technical Report entail?
The NI 43-101 Technical Report outlines the mineral resource estimates and relevant data for evaluating the economic viability of mining projects.
What is the significance of the Shaakichiuwaanaan Project?
The project is noted for having substantial deposits of lithium and caesium, positioning it as a critical asset within the battery metals sector.
Who prepared the Technical Report?
BBA Inc. prepared the Technical Report with contributions from Primero Group Americas Inc., both recognized in the mining consulting field.
How can I access the Technical Report?
The report can be accessed on SEDAR+ and will soon be available on the Patriot Battery Metals Inc. official website.
What are the next steps for Patriot Battery Metals?
The Company aims to advance the exploration of the Shaakichiuwaanaan Project, focusing on understanding the full potential of its mineral resources.
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