Patriot Battery Metals' Summer-Fall Campaign at Canadian Asset Nearly Complete; Shares Down 3%

MT Newswires Live

Oct 28, 2024

Patriot Battery Metals (ASX:PMT) said its 2024 summer-fall drill campaign at the Shaakichiuwaanaan property in Canada is nearly complete, according to a Monday filing with the Australian Securities Exchange.

The company completed about 65,000 meters of drilling from June to October, resulting in a total of 127,700 meters of drilling this year and over 234,000 meters of drilling to date.

The summer-fall field work is expected to wrap up next month, the filing said.

The company is on schedule for the feasibility study completion on CV5 spodumene pegmatite in the third quarter of 2025, according to the filing.

Shares fell past 3% in morning trade on Monday.

Price (AUD): $0.38, Change: $-0.01, Percent Change: -3.33%

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