Patriot Battery Metals Progresses with the Shaakichiuwaanaan Project

Patriot Battery Metals Progresses with the Shaakichiuwaanaan Project

Federal permitting process progresses and aligns with the Provincial process already underway

Highlights

• Permitting of the Shaakichiuwaanaan Project is on schedule and progressing well.
• The planning phase of the Federal environmental and social impact assessment process is now formally complete, culminating in the Impact Assessment Agency of Canada (IAAC) publishing its Tailored Impact Statement Guidelines and a detailed Permitting Plan for the Shaakichiuwaanaan Lithium Project.
• The Permitting Plan is consistent with the Company's previously estimated and reported overall mine authorization timeline.
• This Federal process will run in parallel with the Provincial environmental and social impact assessment process, with the submission of the Provincial Environmental and Social Impact Assessment ("ESIA") targeted for late 2025, and the equivalent Federal application to be submitted shortly thereafter.
• The ESIA submissions will be supported by over three years of robust environmental baseline data studies and extensive community consultations.

Ken Brinsden, CEO and President of Patriot, commented: "Our engagement with the Cree Nation, provincial, and federal authorities has been very constructive and timely. The IAAC is focused on minimizing duplication, effectively utilizing the contributions made to both the Cree and provincial level assessments."

"Patriot has made remarkable progress in developing the Shaakichiuwaanaan project from discovery to the mine authorization phase in less than four years, showcasing the quality of the project and the team involved."

Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMETF) is excited to provide a detailed update on the permitting process of its wholly-owned Shaakichiuwaanaan Property. This property is located in the Eeyou Istchee James Bay region and boasts significant accessibility, located near major infrastructure. The CV5 Spodumene Pegmatite is a key resource area accessible year-round. Interestingly, there are additional lithium, caesium, and tantalum resources available nearby, illuminating the project's extensive potential.

Federal Project Approval Submissions and ESIA Studies

In early 2025, Patriot submitted its Initial Project Description for the Shaakichiuwaanaan Lithium Project to IAAC, formally kicking off the essential Federal permitting process.

Following the Initial Project Description submission, the Company engaged productively with the Federal Joint Assessment Committee. This partnership includes representatives from IAAC and the Cree Nation Government. The IAAC has conducted its planning and public commentary stages, resulting in the issuance of several pivotal documents in August 2025, including Tailored Impact Statement Guidelines and numerous engagement plans. These milestones indicate that the Federal impact assessment phase has officially commenced.

The Federal impact assessment will synchronic with the Provincial permitting process initiated in 2023, aiming to leverage the completed work from provincial evaluations to simplify federal requirements wherever feasible.

Overall Project Approval Summary Position

Over the past three years, Patriot has focused on extensive environmental baseline data collection and community consultations in preparation for the ESIA. This preparation is vital for both Federal and Provincial assessments, aiming to establish the CV5 Pegmatite's viability.

Thanks to the ongoing collaborative efforts with regulatory bodies, the provincial ESIA submission remains scheduled for late 2025, followed closely by the federal ESIA. This thorough approach reinforces the project's and company's commitment to responsible development.

About Patriot Battery Metals Inc.

Patriot Battery Metals Inc. is committed to developing its significant lithium exploration endeavors within its 100%-owned Shaakichiuwaanaan Property, situated in the Eeyou Istchee James Bay region. This property not only presents a promising geological structure but also benefits from its proximity to vital infrastructure. The project hosts considerable mineral resources, ranking among the largest lithium pegmatite resources in the Americas.

For further inquiries about the Company, please reach us via email or by calling our office. We are eager to share more about our exciting developments and the potential that lies ahead.

Frequently Asked Questions

What is the Shaakichiuwaanaan Lithium Project?

The Shaakichiuwaanaan Lithium Project is Patriot Battery Metals' major initiative in lithium resource mining, focusing on advancing environmental and social impact assessments required for project approval.

How is the permitting process progressing?

The permitting process is on schedule, with significant milestones achieved in both Federal and Provincial assessment phases, aiming for submission by late 2025.

Who is involved in the permitting process?

The process involves collaborations with the Impact Assessment Agency of Canada, the Cree Nation Government, and various provincial agencies to ensure a comprehensive review.

What are the company's goals for the Shaakichiuwaanaan Project?

Patriot aims to efficiently transition from exploration to mine authorization, leveraging strong community and governmental relationships to facilitate the required assessments.

Why is this project significant?

This project is crucial for meeting global lithium needs, positioning Patriot Battery Metals as a key player in the sustainable lithium supply chain.

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