Patriot Battery Metals Recognized as ‘Entrepreneur of the Year’ by QMEA
Vancouver, BC – Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX-V: PMET, OTCQX: PMETF, FSE: R9GA) is thrilled to announce that it has been named “Entrepreneur of the Year” by the Quebec Mineral Exploration Association (QMEA). This distinguished award was presented at the 2024 QMEA Awards Gala, held in Montreal on October 30, 2024.
The “Entrepreneur of the Year” award recognizes the outstanding achievements and significant progress made by a company or team within the past year. Patriot was selected for this honor due to its remarkable advancements at its 100%-owned flagship Shaakichiuwaanaan Project.
The Patriot team was honored to have members of the Cree community and the Ratt family present at the awards ceremony. Paul Ratt, Tallyman to Trapline CH-39, where the Shaakichiuwaanaan Project is located, joined Patriot on stage to accept the award, signifying the strong partnership between the company and the local community.
Over the past year, Patriot has made significant strides in advancing the Shaakichiuwaanaan Project. These achievements include:
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Construction of a 20.2 km all-season access road:
This infrastructure development has greatly reduced the company’s reliance on helicopters, enhancing efficiency and sustainability.*
Construction of an 88-person exploration camp:
This new facility provides a comfortable and functional base for the growing exploration and development team.*
Updated Mineral Resource Estimate:
In August 2024, Patriot released an updated Mineral Resource Estimate for the Shaakichiuwaanaan Project, highlighting the project’s substantial lithium potential.*
Preliminary Economic Assessment (PEA):
The PEA, also released in August, confirmed the Shaakichiuwaanaan Project’s potential to become a major North American lithium powerhouse. The PEA forecasts that the project could be the fourth-largest hard rock lithium mine globally, with an estimated mine life of 24 years.*
Feasibility Study Initiation:
Patriot has commenced its Feasibility Study, a comprehensive assessment that will further evaluate the project’s technical and economic viability.*
Environmental Baseline Data Collection:
The company is diligently collecting environmental baseline data to inform the Environmental and Social Impact Assessment, ensuring responsible and sustainable development practices.*
Team Expansion:
Patriot has expanded its team to include highly skilled and passionate professionals in various fields, including geology, engineering, ESG, finance, and site management.Ken Brinsden, President, CEO and Director of Patriot Battery Metals, commented, “We are immensely proud to be recognized as ‘Entrepreneur of the Year’ by the QMEA. This award reflects the exceptional hard work and dedication of the entire Patriot Battery Metals team over the past year in advancing exploration programs and development studies at our flagship Shaakichiuwaanaan Project.”
About Patriot Battery Metals Inc.
Patriot Battery Metals Inc. is a leading hard-rock lithium exploration company focused on advancing its district-scale, 100%-owned Shaakichiuwaanaan Property (formerly known as Corvette), located in the Eeyou Istchee James Bay region of Quebec, Canada. The property is accessible year-round via an all-season road and is strategically located near regional powerline infrastructure.
The Shaakichiuwaanaan Mineral Resource, which includes the CV5 & CV13 spodumene pegmatites, totals 80.1 Mt at 1.44% Li2O Indicated, and 62.5 Mt at 1.31% Li2O Inferred. This makes it the largest lithium pegmatite resource in the Americas and the 8th largest in the world.
Furthermore, the Shaakichiuwaanaan Property boasts multiple other spodumene pegmatite clusters awaiting drill testing, as well as significant areas of prospective trend yet to be evaluated.
For further information, please visit the company’s website at www.patriotbatterymetals.com.
