Low light caesium metal
Source: Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Patriot Battery Metals (ASX:PMT) has landed a significant discovery of high-grade cesium at its Shaakichiuwaanaan Property, where it has been defining a lithium resource in the Eeyou Istchee James Bay region of Canada.

Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.

The cesium mineralisation occurs in two zones at the project’s CV13 pegmatite and was confirmed through cesium assay overlimit analysis, with four samples from the drill intercepts grading above 20% Cs2O (cesium oxide).

“With the receipt of overlimit assay results, we have now confirmed a large cesium discovery at Shaakichiuwaanaan, supported by wide and well-mineralized drill intercepts,” vice president of exploration Darren L. Smith said.

Intercepts from the Vega Zone included 18.1 metres at 2.71% Cs2O, including 7.4 metres at 5.45% Cs2O; and 11.1 metres at 4.87% Cs2O, including 7.1 metres at 7.39% Cs2O.

Rigel Zone intercepts included 5.9 metres at 11.19% Cs2O, including one metre at 22.69% Cs2O; and five metres at 13.32% Cs2O, including two metres at 22.90% Cs2O.

The latter zone is significant, being coincident with the apex of the structural flexure at CV13, and drilling has estimated it to be at least 200 metres by 80 metres in area and up to around five metres thick.

More market news

Levy beef: Trump whacks Oz with 10% tariffs on “Liberation Day”

Meet GeoGeorge: The HotCopper poster so accurate he got hired as an analyst

On Patriot’s hit, Mr Smith explained: “Cesium mineralization of this scale and grade, often combined with high-grade lithium and tantalum, is exceptionally rare globally and underscores the extraordinary endowment of the mineral system at Shaakichiuwaanaan in high-value critical minerals.”

PMT has this morning been trading at 19.5 cents a share.

Join the discussion: See what HotCopper users are saying about Patriot Battery Metals and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

More From The Market Online

Temas Resources confirms significant gallium and scandium at La Blache

Temas Resources’ latest assays show the La Blache project in Quebec is a genuine multi-metal, multi-revenue…

GoldArc Resources begins major drilling campaigns at Leonora South

GoldArc is running RC and AC drilling programs in tandem at Leonora South in Western Australia…
The Market Online Video

The ASX Today: Relative calm didn’t last long as Brent back to US$100/bbl; March RBA hike priced in?

Greetings and welcome to HotCopper’s the ASX Today, I’m Jon Davidson and after an attack on a Thai cargo ship in the Strait of Hormuz

Magnum Mining and Exploration ramping up exploration at Parker project

Magnum Mining and Exploration is preparing for drilling at the Parker project in Arizona on the…