This announcement three weeks ago stated: "PAT is now in final discussions with drilling contractors and expects drilling to commence in thecoming weeks."
One more week and it is a month since the statement. Hopefully next week brings some news of rigs spinning. Daylighting spodumene pegs in a historic lithium mining region, shallow holes in Phase 1 of drilling to intersect the pegmatites and see what fresh spodumene comes out of it. Given there are 15 meter long crystals in the historic workings there is huge potential for metres of pure spodumene intersections.
Stocks explode with 20% spodumene visual content in drilling intersections. Latin Resources (LRS) is an example of this, Core Lithium (CXO), Patriot Battery Minerals (PMT) also.
I am dreaming of logs of spod. Hopefully it is more than a dream....
PAT Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
