#PatriotLithium
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colitco · 2 days ago
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🔥 Patriot Lithium Identifies High-Grade Copper Targets! 🔥
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Patriot Lithium (ASX: PAT) has confirmed high-priority copper exploration targets within its recently acquired 44,961 Ha land package, strengthening its position in the Mumbwa Copper-Gold Belt. Initial sampling at Katwaro 28424 returned impressive grades of 4.45% Cu and 2.59 g/t Au over 2.0m, while further exploration at Katwaro East shows strong mineralisation potential.
🔹 Key Highlights:
✅ Priority Target 1 – Katwaro 28424 – Sampling confirmed copper-gold mineralisation with grades up to 4.45% Cu and 2.59 g/t Au. ✅ Priority Target 2 – Katwaro East – Discoveries extend the mineralised strike length, with preliminary sampling yielding up to 1.40% Cu. ✅ Significant Structural Control – Sample R3504 returned a high-grade pXRF reading of 1.96% Cu and averaged 1.40% Cu, indicating copper mineralisation mainly as malachite within metasandstone and mudstone contacts. Though 5.2km apart, the pits follow regional copper-bearing structures, suggesting multiple parallel mineralised zones. ✅ Strategic Expansion - The Targets are adjacent toatriot’s Kitumba and Katwaro Copper Projects, positioning the Company for significant resource growth.
💰 Investor Outlook
📈 Stock Price: A$0.046 With high-grade copper discoveries in Zambia’s Mumbwa Copper-Gold Belt, Patriot Lithium is well-positioned amid rising global demand, supply constraints, and copper prices above US$8,000/t. As the metal’s demand surges for EVs, renewables, and power grids, the Company is advancing exploration with mapping, sampling, and RC drilling in Q2 to expand its resource potential.
🔗 More Details: https://colitco.com/patriot-lithium-second-copper-target-zambia/
Disclaimer: This is not investment advice. Please conduct your research before making any investment decisions.
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colitco · 4 days ago
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🔥 Patriot Lithium Expands Copper Footprint in Zambia! 🔥
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Patriot Lithium Limited (ASX: PAT) is strengthening its position in Zambia’s copper-rich Mumbwa Region with an option to acquire a 90% interest in three large-scale exploration licences, adding 450km² to its portfolio. This move brings Patriot’s total landholding in Mumbwa to 705km², making it one of the largest in the district.
🔹 Key Highlights:
✅ Strategic Expansion – 45km of contiguous strike along key copper-bearing structures ✅ Historic Copper Mines Identified – Multiple artisanal sites within the licence area ✅ Licences surround Katwaro Copper Project, where high-grade copper-gold assays were identified in 2024. ✅ Located near Sinomine Kitumba Copper Mine, set to be the region’s largest copper producer. 🏭⚒️ ✅ Plans for geological mapping, geochemical surveys, and RC drilling to assess mineral potential. ✅ Parallel Structures – Includes another artisanal copper pit 5.2km from Katwaro Copper Pit ✅ Regional Synergy – Collaborating with Sinomine Kitumba Minerals, with Kitumba Copper Mine holding 31.5Mt @ 2.04% Cu
💰 Investor Outlook
📈 Stock Price: A$0.045 📊 Market Capitalization: A$5.69M
With a rich exploration history dating back to 1897, Patriot is poised to unlock Mumbwa’s vast copper potential. This Expansion comes amid rising global demand for copper, a key metal for electric vehicles, renewable energy, and infrastructure. 🌍🔋
🔗 More Details: https://colitco.com/patriot-lithium-expands-in-zambia-with-major-exploration-licence-acquisition/
Disclaimer: This is not investment advice. Please conduct your own research before making any investment decisions.
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