Darren L. Smith, Patriot Executive and Vice President of Exploration, comments:
“The identification of multiple zones of extensive cesium mineralization in drill hole at Shaakichiuwaanaan is very significant. Cesium pegmatite occurrences over 1% Cs2O are very rare and represent only the most fractioned and evolved portion of a pegmatite body.
A more focused mineralogical program is underway. • This extremely rare Cesium mineral has the potential to become a meaningful by-product to future lithium operations.
Overlimit (>1% Cs) assay results for cesium are pending for more than 140 individual core samples with final grade-width calculations for drill holes to be reported once received.
The Company understands that there are only a handful of operators globally currently producing Cesium products, resulting in it being a highly rare and valuable commodity given it has a number of significant industrial applications.
PMT Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held
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