The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

Investing

Patriot Produces Battery-grade Lithium Hydroxide Sample from CV5 Pegmatite

by admin December 17, 2024
December 17, 2024
Patriot Produces Battery-grade Lithium Hydroxide Sample from CV5 Pegmatite

Patriot Battery Metals (ASX:PMT,TSX:PMET,OTCQX:PMETF) said in a December 4 announcement that it has produced a sample of battery-grade lithium hydroxide monohydrate from the CV5 pegmatite.

CV5 is part of Patriot’s Shaakichiuwaanaan property, located in the Eeyou Istchee James Bay region of Québec.

Shaakichiuwaanaan holds a mineral resource estimate of 80.1 million metric tons at 1.44 percent lithium oxide (Li2O) in the indicated category and 62.5 million metric tons at 1.31 percent Li2O in the inferred category.

The 307 gram battery-grade lithium hydroxide monohydrate sample was produced using spodumene concentrate.

Patriot said conversion testwork was completed at SGS Canada’s facility in Lakefield, Ontario, via a bench-scale equivalent of a typical downstream commercial process flowsheet. The company said completing the test program was a “proof-of-concept” for the flowsheet and shows that producing a high-quality battery-grade lithium end-product is possible.

‘The successful production of a battery-grade lithium hydroxide product from the cornerstone CV5 Spodumene Pegmatite marks a key de-risking step in our development strategy,’ said Director, President and CEO Ken Brinsden.

‘Not all spodumene concentrates are created equal and by demonstrating that the high-quality, low-iron spodumene concentrate produced from CV5 results in a marketable and on-spec battery-grade lithium hydroxide product, we are further validating and de-risking the Project as we eventually look to capitalize on this high-value downstream product category.’

Patriot also said in its release that it has completed a significant core sampling program to provide additional representative material for the next phase of mineral processing testwork.

The testwork will be used for an ongoing feasibility study for CV5, and will also “provide significant quantities of representative spodumene concentrate for any future downstream test programs.”

At the end of November, Patriot completed an infill drilling program at CV5, also in support the feasibility study.

Patriot said the battery-grade lithium hydroxide monohydrate sample from CV5 will now be used to further advance and strengthen engagement with its potential strategic partners and end users.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
How Will Trump’s Permitting Plans Impact the US Mining Sector?
next post
Dore Copper Announces Shareholder Approval of Plan of Arrangement with Cygnus Metals

Related Posts

Antilles Gold Limited (ASX: AAU) – Trading Halt

September 12, 2024

Microsoft Unveils Expanded AI Solutions to Support Healthcare...

October 16, 2024

2 Biggest Medical Device ETFs in 2025

February 18, 2025

Google’s New Pixel Devices Promise Enhanced AI Capabilities

August 15, 2024

Grid Battery to begin the 2024 Exploration Program...

March 14, 2024

SensOre

January 28, 2024

Alvopetro Announces Q3 2024 Results and an Operational...

November 7, 2024

Fabi Lara: Uranium Thesis is Back, How to...

January 29, 2025

Robert Sinn: Gold to Benefit as US-China Relations...

January 29, 2025

Private Placement

December 16, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (1,363)
    • Investing (3,238)
    • Politics (4,381)
    • World (4,316)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 TheInvestmentWhisperer.com | All Rights Reserved