Mike Fagan,
Editor
July 26, 2021
Patriot Battery Metals (CSE: PMET)(OTC: RGDCF), formerly Gaia Metals, has announced the acquisition of Global Green Energy Acquisition Corp. for consideration of 22 million PMET shares.
The primary asset of the acquisition is the Maicasagi Rare Earth Element (REE) property, which is situated in the Abitibi region of Quebec, Canada. An outcropping from the property returned an assay of 0.4% rare earth oxide (REO) making the property prospective for rare earth elements.
In addition to rare earths, Patriot is advancing a number of early-stage base and precious metals projects, including core assets:
Corvette-FCI: Flagship property targeting gold-copper-silver-lithium mineralization in Quebec, Canada. The Golden Gap Trend has returned historic high-grade gold values including 10.5 grams per tonne over 7 meters; the 8 km Maven Trend has returned numerous high-grade copper-gold-silver surface samples; and the 25 km Lithium-Tantalum Trend represents a prospective lithium exploration corridor across the entirety of the 14,000-acre Corvette-FCI property.
Freeman Creek: Targeting gold-silver-copper mineralization in Idaho, USA. The Gold Dyke target was drill tested last year with all four holes encountering gold mineralization highlighted by 4.11 grams per tonne (g/t) gold and 33.0 g/t silver over 12 meters. The Carmen Creek target has produced solid gold-silver-copper grades through surface sampling and has yet to be drill tested.
Our own Gerardo Del Real of Junior Resource Monthly sat down with Patriot Battery Metals president, Blair Way, to discuss the recent name change, the revamped share structure, and next-steps for the flagship Corvette-FCI in Quebec and the second core asset in Idaho, Freeman Creek. CLICK HERE TO LISTEN. Transcript is also available.
Enjoy!
You can learn more about Patriot Battery Metals at their corporate website.
Also click here for our feature report on Patriot Battery Metals, formerly Gaia Metals.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
Mike Fagan has mining in his blood. As a teenager he staked countless gold and silver properties in Nevada alongside his dad, Brian Fagan, who created the Prospect Generator model that’s still widely used today in the resource space. One of those staking projects was put into production by a major Canadian mining company — a truly rare and profitable experience. That background uniquely qualifies him as a mining stock speculator. One of the most well-known names in the business, Mike is now putting that experience to use for the benefit of Resource Stock Digest and Hard Asset Digest readers.
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