This EV Mining Stock is Hitting Milestones & Advancing its Projects

The electric vehicle boom, the mass electrification of developing economies, it is here and now … but the world may face a colossal shortfall of what is arguably one of the most critical metals for the new global economy – lithium – within a decade. [Open in your browser]( [Investor Alert] [Stockhouse.com]( This EV Mining Stock is Hitting Milestones & Advancing its Projects --------------------------------------------------------------- [Visit the company website]( [Facebook]( [Twitter]( EV Mining Stock is Hitting Milestones & Advancing its Projects) [LinkedIn]( [Email](mailto:?subject=This EV Mining Stock is Hitting Milestones & Advancing its Projects&body=http%3A%2F%2Fwhatcounts.com%2Fdm%3Fid%3DCDD5343E4749C70B1E9F0BB87EB49DE74B93FB24D3F3D6A0) Jon Brown, Stockhouse The Company is currently undergoing an extensive drilling and exploration program at its flagship property The electric vehicle boom, the mass electrification of developing economies, it is here and now … but the world may face a colossal shortfall of what is arguably one of the most critical metals for the new global economy – lithium – within a decade. This raises questions of where, when, and how to discover and develop new sources of this valuable metal. The price of lithium was recorded at $7,300 (USD) per ton in December 2020 and the metal is now well above an incentive price for both explorers and developers / producers. As trillions of dollars in economic stimulus pour in to support the post-COVID-19 recovery – including funds for infrastructure and for the transition to a carbon-free world – boosted demand, a dearth of investment dollars by big mining companies and a slowdown in production during the height of the COVID-19 outbreak last spring brought inventories to levels not seen in 15 years. [SEE COMPANY PROFILE]( Lithium supply security has become a top priority for technology companies in the United States and Asia. Strategic alliances and joint ventures among technology companies and exploration companies continued to be established to ensure a reliable, diversified supply of lithium for battery suppliers and vehicle manufacturers. Mineral exploration has also been recognized as an essential service in Canada and the Province of Quebec. This is where Vancouver, BC-based junior explorer, Patriot Battery Metals Inc. ([CSE: PMET]( [OTCQB: RGDCF]( [Forum]( fits in. With a portfolio of high-quality properties in secure jurisdictions, the company's flagship assets are the wholly owned Corvette Property, and the FCI Property (held under option from O3 Mining Inc.) located in the James Bay Region of Quebec. The market at large: According to US government data, lithium consumption for batteries has increased significantly in recent years because rechargeable lithium batteries are used extensively in the growing market for portable electronic devices and increasingly are used in electric tools, electric vehicles, and grid storage applications. Lithium minerals were used directly as ore concentrates in ceramics and glass applications. Although lithium markets vary by location, global end-use markets are estimated as follows: - Batteries - 65% - Ceramics and glass - 18% - Lubricating greases - 5% - Polymer production - 3% - Continuous casting mold flux powders - 3% - Air treatment - 1% - Other uses - 5% About the company: (Image via Patriot Battery Metals Inc.) Focused on the acquisition and development of mineral projects containing battery, base and precious metals, Patriot Battery Metals' primary asset is the Corvette-FCI Property, which hosts numerous occurrences of copper, lithium, and high-grade gold. The company is focused on the project currently as it expands upon the 2019 discovery of the copper and lithium trends. In September 2021, Patriot Battery Metals [mobilized the drill rig]( to commence a drill program at the Corvette-FCI Property. The program is focused on the CV5-6 Spodumene Pegmatites, part of the more than 25 km long CV Lithium trend, as well as the core area of the more than 10 km long Maven copper-gold-silver trend. This drill program marks the first drill testing to date along these two highly prospective trends as well as the first drill program by the company on the property to date. The program will be comprised of 15 to 20 drill holes for a total of approximately 2,000 m of NQ size coring. Approximately one third of the drill meterage is expected to target the CV lithium trend and the remaining two thirds will be focused on the Maven cu-au-ag trend. The company has engaged Forage Fusion Drilling Ltd. to carry out the diamond drilling with the program being managed by Dahrouge Geological Consulting Ltd. of Edmonton, AB. Blair Way, the company's President and director, commented on the progress in a media release for investors. "With the drill rig mobilization, we are hitting our next milestone to advance the property and gain a deeper understanding of these two important lithium and copper trends. This work also takes us one step closer to gaining 50% ownership of the FCI claim groups under the Option Agreement with O3 Mining Inc." The Maven trend hosts numerous mineralized showings and prospects over a more than 10 km long corridor across the property. Surface sample assay highlights (and corresponding showing / prospect) include: - 3.63% Cu, 0.64 g/t Au, and 52.3 g/t Ag (Elsass) - 8.15% Cu, 1.33 g/t Au, and 171 g/t Ag (Lorraine) - 3.28% Cu, 0.78 g/t Au, and 30.1 g/t Ag (Hund) - 3.36% Cu, 0.82 g/t Au, 38.4 g/t Ag (Tyrone-T9) - 1.75% Cu, 1.47 g/t Au, and 40.5 g/t Ag (Lac Smokycat-SO) The company recently completed an IP-resistivity geophysical survey over the core area of the Maven trend as a final exploration tool to refine initial drill hole targets. A final reporting and interpretation of this data is anticipated shortly. The CV Lithium trend is an emerging spodumene pegmatite district discovered by the company in 2017 and spans the FCI West, FCI East, and Corvette claim blocks. The core area includes an approximate 2 km long corridor of numerous spodumene pegmatite occurrences, highlighted by the CV5 Pegmatite - a large (roughly 220 m long and 20-40 m wide), well-mineralized outcrop where eight samples collected average 3% Li2O and 154 ppm Ta2O5, including a peak assay of 4.06% Li2O and 564 ppm Ta2O5. The high number of well-mineralized pegmatites in this core area of the trend indicates a strong potential for a series of relatively closely spaced / stacked, sub-parallel, and sizable spodumene-bearing pegmatite bodies, with significant lateral and depth extent, to be present. The CV Lithium trend, including the CV5 pegmatite, has never been drill tested. [INVESTOR UPDATES]( (Image via Patriot Battery Metals Inc.) The company has developed a COVID Management Plan for the program and will carry out its field programs while adhering to all federal, provincial, and regional restrictions in place due to the COVID-19 pandemic. Upon completion of the planned 2021 work programs, the company expects to have earned a 50% interest in the FCI East and West claim blocks from O3 Mining, having exceeded the minimum $2.25 million in exploration expenditures. Under the terms of the option agreement, Patriot may acquire an additional 25% interest in the FCI East and West claim blocks, for a collective 75% interest, by funding the next $2 million in exploration expenditures. The company also holds the Freeman Creek Gold Property, located in Idaho, USA, the Pontax Lithium-Gold Property, QC; the Golden Silica Property, BC; and the Hidden Lake Lithium Property, NWT, where the Company maintains a 40% interest, as well as several other assets in Canada. Financial picture: PMET stock has risen more than 107% in the last three months. With $2.9 million in the bank, this company has a very solid share stricture - 34 million outstanding, but 24 million of that is still from the financing, which equates to roughly 10 million shares outstanding. (Patriot Battery Metals Inc. stock chart – June 2021 to September 2021.) The company closed its non-brokered private placement this past summer, for total gross proceeds of [$3,709,120](. Having allotted and issued 23,182,000 units at a price of $0.16 per unit, each unit consists of one common share of the company and one transferable share purchase warrant, entitling the holder to acquire one additional common share at an exercise price of $0.25. The proceeds from the private placement are earmarked for exploration on its Quebec and Idaho properties and general working capital. Meet the team: The company is led by a seasoned management team with extensive project development and exploration experience in multiple jurisdictions. President and director, Blair Way is an entrepreneur with more than 30 years experience in management within the resources and construction industries. He previously served as CEO, president and director of Leading Edge Materials Corp. (TSX-V: LEM) and prior to that, he was VP Project Development for TSX listed Ventana Gold with projects in Colombia. Prior to Ventana he was Project Director and Philippines Country President for TSX / ASX listed Oceanagold.. Chief Executive Officer and director, Adrian Lamoureux spent the last eight years in the venture capital markets specializing in design and implementation of market strategies and corporate development, with specific expertise in the mineral exploration and development sector. Vice President of Exploration – Darren Smith, M.Sc., P.Geo specializes in high-level project management and has more than 15 years of experience in the industry. Chief Financial Officer, Dusan Berka, P. Eng. – has 50 years of international business experience and has served as a director and officer of numerous issuers on the YSX, TXS Venture Exchange, CSE, and NASDAQ. The bottom line: (Image via Patriot Battery Metals Inc.) Patriot Battery Metals has been serious in ensuring that the company has the right assets that continue to remain "very accretive" for shareholders and the right team to relay that value into the eventual share price from making that big discovery. With an excellent capital structure and a relate low market cap, this company has solid exposure to battery metals and precious metals through highly prospective early-stage exploration projects. Patriot Battery Metals presents itself as a unique opportunity for investors as one of the few junior explorers in the space –but with the technical expertise at the level of a major. That is not all, with Patriot Battery Metals team's proven track record of success with previous companies, investors can remain confident that the company has what it takes to see things through for the long haul. Presently, the company's boots-on-the-ground team is making the kind of progress that metals and mining investors should be keeping their eyes on now and in the future. For more information, visit [patriotbatterymetals.com](. 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