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Lithium explorer Patriot Battery Metals Ltd (ASX:PMT) has extended the Vega Zone of its flagship Corvette project in Quebec, with drilling work yielding wide intercepts grading beyond 5 percent lithium oxide (Li2O).
The zone – which will also be a focus of drilling work later in the year – is a flat-lying and shallow dipping body which covers an area of approximately 380 metres by 220 metres, with a true thickness of around 8 to 30 metres, sitting within a wider pegmatite body.
Results from the winter program of drilling at the CV13 Spodumene pegmatite which hosts Vega included 51.7 metres at 1.77 percent Li2O, including 9.7 metres at 5.16 percent Li2O; and 35.3 metres at 2.40 percent Li2O, including 17.4 metres at 3.12 percent Li2O.
Vice President of Exploration Darren L. Smith said the results was an echo of earlier work at Corvette – located in the James Bay region of Quebec – which had also yielded high grades of lithium.
“The final holes from our recently completed winter drill program at CV13 confirm a significant discovery of high-grade spodumene pegmatite at the Vega Zone, with high-grade mineralisation now defined over a significant area,” he said.
“With such high grades present at the Vega Zone – akin to what we see at the Nova Zone at CV5 – including a standout 9.7 m intercept grading over 5% Li2O, the new results clearly validate the considerable potential at CV13 as well as that of the larger mineralized system at Corvette.
“We intend to further delineate this discovery as part of our recently commenced summer-fall drill program.”
Patriot has been trading at 52.5 cents.
