Lithium and Caesium Resources

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Patriot Files NI 43-101 Technical Report on the Shaakichiuwaanaan Mineral Resource Estimate, Quebec, Canada
Prnewswireยท 2025-08-29 20:15
Core Viewpoint - Patriot Battery Metals Inc. has filed a technical report on the Shaakichiuwaanaan Project, highlighting significant mineral resource estimates and updates, particularly regarding caesium and lithium resources [1][2][4]. Group 1: Technical Report and Updates - The technical report, prepared by BBA Inc. and Primero Group Americas Inc., complies with NI 43-101 standards and is available on SEDAR+ [2]. - The report includes updates on the mineral resource estimates (MRE) for the CV5 and CV13 spodumene pegmatites, with significant upgrades disclosed in previous press releases [3][4]. - The first update on May 12, 2025, indicated a resource upgrade from inferred to indicated categories but was deemed not to constitute a material change under Canadian securities law [3]. - The July 20, 2025 update revealed a maiden caesium resource at the Rigel and Vega zones, recognized as the world's largest known pollucite-hosted caesium pegmatite mineral resource, necessitating the filing of the technical report [4]. Group 2: Mineral Resource Estimates - The Shaakichiuwaanaan Project hosts the world's largest pollucite-hosted caesium pegmatite mineral resource, with 0.69 million tonnes at 4.40% Cs2O indicated and 1.70 million tonnes at 2.40% Cs2O inferred [5]. - The consolidated mineral resource totals 108.0 million tonnes at 1.40% Li2O, 0.11% Cs2O, 166 ppm Ta2O5, and 66 ppm Ga indicated, and 33.4 million tonnes at 1.33% Li2O, 0.21% Cs2O, 155 ppm Ta2O5, and 65 ppm Ga inferred, ranking it as the largest lithium pegmatite resource in the Americas and among the top ten globally [5].