- Patriot Battery Metals Inc. (PMET) has commenced work for the winter phase of its 2023 drill campaign at its Corvette Property in Quebec
- The company is also in the final stages of construction to extend a winter road
- The program will start with three drill rigs this month and increase to five drill rigs from early February through mid-April
- A minimum coverage of 20,000 metres is expected to be completed over the period
- Patriot Battery Metals Inc. (PMET) is up 5.29 per cent, trading at $6.37 per share as of 2:20 p.m. EST
Patriot Battery Metals Inc. (PMET) has commenced work for the winter phase of its 2023 drill campaign at its Corvette Property in Quebec.
Additionally, the company is in the final stages of construction to extend a winter road for site access from the all-season Trans-Taiga Road to the CV5 drill area.
Patriot Battery Metals stated its 2023 winter drill program will be more expansive than last year’s winter drill program. The program will start with three drill rigs this month and increase to five drill rigs from early February through mid-April. A minimum coverage of 20,000 metres is expected to be completed over the period.
The company’s primary objectives of the drill program are to further delineate the CV5 pegmatite, as well as infill drilling to improve the geological model to support a future prefeasibility study.
The winter drilling will primarily target the eastern extensions of the CV5 pegmatite and secondary lenses, moving toward the CV4 pegmatite cluster.
Blair Way, President, CEO and Director of Patriot Battery Metals, commented,
“The 2022 drilling has defined something very special at Corvette, and this winter season will further expand on this significant discovery… 2023 will be a transformative year for the company as we advance to an initial mineral resource at CV5.”
Patriot Battery Metals Inc. (PMET) is up 5.29 per cent and is trading at $6.37 per share as of 2:20 p.m. EST.