Patriot Battery Metals Inc. Unveils 108‑Mt Lithium Resource at Shaakichiuwaanaan – Largest Pegmatite in the Americas with High‑Grade By‑Product Potential and PEA Momentum

Tuesday, May 13, 2025
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8:19 am
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Patriot Battery Metals Inc. announced an updated Mineral Resource Estimate for its Shaakichiuwaanaan Project in Quebec, confirming 108 Mt Indicated at 1.40% Li₂O and 33.3 Mt Inferred at 1.33% Li₂O. This world-class lithium pegmatite asset positions the company as a future key player in North American lithium supply.

Patriot Battery Metals Inc. has released a detailed technical disclosure for its Shaakichiuwaanaan Property in the James Bay region of Quebec, reinforcing its position as a key player in North America’s lithium sector. The company’s 100%-owned deposit now comprises an Indicated Mineral Resource of 108.0 million tonnes at 1.40% Li₂O and an Inferred Mineral Resource of 33.3 million tonnes at 1.33% Li₂O. This makes the property not only the largest lithium pegmatite resource in the Americas but also ranks it among the world’s top eight. In addition to lithium, significant by-product potential exists for critical metals such as tantalum, cesium, and gallium, which could enhance the overall economics of the project. The announcement outlines a rigorous exploration and sampling program that adheres to international reporting standards such as NI 43-101 and the JORC Code 2012. The technical report explains the methods used in diamond drilling, core logging, sampling, and QAQC procedures. Detailed geological modeling and block interpolation techniques were applied using advanced software platforms, ensuring that the resource estimates are robust despite the natural variability of pegmatite mineralization. The document provides comprehensive tables, figures, and appendices comparing the company’s resource to peer projects, demonstrating that Shaakichiuwaanaan’s quality and scale are competitive on a global basis. The company’s progress is further underscored by its Preliminary Economic Assessment, which was announced in August 2024 for the CV5 Pegmatite. This study indicates the potential for producing up to approximately 800,000 tonnes per annum of spodumene concentrate using a simple Dense Media Separation (DMS) flowsheet. Such an approach, supported by metallurgical test work, promises competitive recovery rates, while the project’s proximity to all‑season road access and powerline infrastructure adds to its strategic advantage. Investors should note that the extensive technical details provided, including cut-off grades for open-pit (0.40% Li₂O) and underground mining (0.60% for CV5 and 0.70% for CV13) as well as recovery assumptions, are intended to offer high confidence in the mineral resource estimate. However, the announcement also cautions that forward‑looking estimates remain subject to risks, including further permitting, execution of ongoing exploration programs, and potential changes in market conditions. From a bullish perspective, the robust and well-validated resource base, combined with the presence of multiple strategic by‑products, positions Patriot Battery Metals as a potential future supplier of critical battery raw materials. The ongoing feasibility studies and planned follow‑up exploration suggest further upside potential if the technical and economic assumptions hold true. On the other hand, the bearish viewpoint stresses that the complex nature of such advanced exploration projects means that progress remains contingent on continued drilling success, detailed feasibility studies, and the eventual commercialization of the resource, all of which are subject to market and regulatory risks. In sum, the technical disclosure underscores Patriot Battery Metals’ strong position in the lithium space, while also outlining the inherent uncertainties involved in moving from exploration to production—a dynamic that investor traders should carefully monitor in the coming months.

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