#PatriotLithium
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colitco · 1 month ago
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⚡ Copper Discovery Buzz from Patriot Lithium (ASX: PAT) ⚡
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Patriot Lithium (ASX: PAT) is making waves in Zambia’s rich copper belt!
Their latest drilling results at the Warty Copper Prospect have revealed massive copper sulphide mineralisation from surface in multiple holes, with grades up to 4.8% Cu and intercepts up to 20.5m.
Highlights include:
20.5m @ 1.03% Cu from surface
6.7m @ 2.14% Cu incl. 3.5m @ 3.34% Cu
5m @ 2.44% Cu incl. 2m @ 4.85% Cu
Multiple intercepts from shallow depths
Open at depth and along strike
Why it matters:
This discovery supports the potential for a high-grade copper resource, strategically located in a Tier-1 jurisdiction, just 40km from First Quantum’s Sentinel Mine.
Next up:
✅ Assays from an additional 11 holes pending
✅ Planning for follow-up drilling underway
✅ Ground geophysics and soil sampling in progress
Stock Snapshot:
PAT last traded at $0.061, reflecting rising investor interest on the back of this exciting discovery.
PAT is building strong copper momentum—one drill hole at a time!
📍Read More: Patriot Lithium Uncovers High-Grade Copper in Zambia
This is not an investment advise, please do your own research for any investment decisions.
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colitco · 1 month ago
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📢 ULTRA HIGH-GRADE COPPER OCCURRENCES IDENTIFIED – PATRIOT LITHIUM ADVANCES COPPER POTENTIAL ⚒️📈
Patriot Lithium Limited (ASX: PAT) has identified and validated new ultra high-grade copper occurrences across its exploration licences and surrounding areas, highlighting the expanding mineral potential of its project portfolio.
🔍 Project Snapshot:
Ongoing fieldwork reveals high-grade copper targets across an ~8km potential strike zone between Katwaro and Chimban South prospects.
📌 Key Highlights:
✅ Multiple artisanal copper pits discovered in and around Patriot’s licence package
⚡ Rock samples returned 33.08% Cu at CBR South and 17.36% Cu at Chimban South via portable XRF
🔍 ~8km strike potential between Katwaro and new copper zones
➕ Additional copper occurrences validated within licence boundaries from adjacent strike extensions
🗺️ Multiple high-priority copper targets now established, building on earlier discoveries (ASX: 27 Feb & 14 Mar 2025)
🗣️ “Our field mapping continues to expand the copper prospectivity of our licences. These new discoveries reinforce the district-scale potential of our ground holdings,” the Company stated.
Investor Outlook:
Patriot Lithium (ASX: PAT) is gaining strong traction not just in lithium, but now emerging as a serious copper contender. With rock samples showing ultra high-grade copper up to 33.08% Cu, and new strike extensions confirmed within tenements, PAT’s diversified exploration upside is growing fast. Currently trading at $0.039, PAT offers investors exposure to two highly strategic commodities — copper and lithium — both essential to the clean energy transition. As the copper market tightens amid global electrification and infrastructure demands, high-grade, near-surface discoveries like Patriot’s are increasingly sought after. The company is well positioned to unlock further value through continued exploration across its large prospective footprint.
📍Read more: https://api.investi.com.au/api/announcements/pat/2e112d20-a4a.pdf
⚠️ This is not investment advice. Please do your own research before making any investment decisions.
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colitco · 2 months ago
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🚨 Patriot Lithium Exercises Option at Kitumba Copper Project 🚨
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Patriot Lithium Limited (ASX: PAT) has formally exercised its option to acquire the Kitumba 27715 Copper Project in Zambia—marking a significant step in its strategy to secure high-grade copper assets within the prolific Mumbwa Copper Region. Early-stage exploration results have been encouraging, with grab samples returning up to 2.46% Cu, and an average grade of 1.23% Cu. 🏗️🔍
📌 Key Updates
✅ Option Exercised – The acquisition of Kitumba 27715 is now secured, reinforcing Patriot’s expansion into a highly prospective copper district. ✅ High-Grade Copper Confirmed – Initial sampling results highlight robust mineralisation, validating the project's exploration potential. ✅ Strategic Location – The project borders Sinomine Group’s Kitumba Copper Deposit, which is backed by a US$600 million investment as it moves toward production. ✅ Next Steps – Patriot will seek shareholder approval to issue 2 million shares to complete the transaction, with further exploration programs planned.
📌 Project Overview
Kitumba 27715 spans 255 km² and sits within a large-scale iron oxide copper-gold (IOCG) alteration system. The area is underpinned by major structural corridors, well-known for hosting significant copper-gold mineralisation. Follow-up exploration and drilling campaigns are in the works to assess commercial viability.
📊 Market Outlook
As global copper demand accelerates amid the clean energy transition, Kitumba 27715 is strategically positioned to contribute to future supply. Copper prices remain resilient, underpinned by trends in electrification, renewable infrastructure, and battery technologies. ⚡🌏
💰 Investor Update
Patriot Lithium will seek shareholder approval for the issuance of 2 million shares to finalise the acquisition. The company continues to deliver on its growth strategy through selective acquisitions and exploration in high-impact mineral jurisdictions. 📈💎
💲 Share Price: $0.042 📈 Market Cap: $5,309,555 📊 52-Week Range: $0.030 – $0.115
🔗 Read the full update here: https://api.investi.com.au/api/announcements/pat/daea607d-276.pdf
⚠️ This is not investment advice. Please conduct your own research before making any investment decisions.
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colitco · 2 months ago
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📢 Patriot Lithium Delivers Interim Report, Doubles Down on High-Grade Copper in Zambia
Patriot Lithium Limited (ASX: PAT) has released its Interim Financial Report for the half-year ended 31 December 2024, underscoring a strategic pivot towards high-grade copper exploration in Zambia. The company continues to rationalise its portfolio while sharpening its focus on value-accretive assets.
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💰 Financial Highlights:
✅ Cash reserves: $960K (as at 31 December 2024) ✅ $887K invested in copper and lithium exploration ✅ Strategic shift: Divesting non-core assets to pursue high-potential copper projects
🔍 Operational Highlights:
✅ New Copper Licences Acquired – Chimban (33587), CBR (33585) and Mirkal (32052), bolstering the Mumbwa copper portfolio ✅ Kitumba Project Advantage – Located near Sinomine’s Kitumba Copper Mine with existing infrastructure ✅ Katwaro Discovery – Assays return 4.45% Cu and 2.59 g/t Au over 2.0m; prioritised for upcoming drilling ✅ Portfolio Streamlined – Jisanshi (30424) option terminated to redirect capital towards higher-impact targets ✅ Exploration Team Enhanced – Senior Geologist Eugene Gotora joins to lead Zambian programs
📈 Investor Outlook
Copper markets remain robust, buoyed by global electrification and the clean energy transition. With a structural deficit forecast to persist through 2025, Patriot’s renewed copper focus positions it to capture long-term upside. The company’s high-grade Zambian assets and lean strategy signal strong growth potential ahead.
Current share price: $0.042 (ASX: PAT)
🔗 View Full Report & ASX Release: https://api.investi.com.au/api/announcements/pat/09f925a9-374.pdf
⚠️ This is not financial advice. Please undertake your own due diligence before making investment decisions.
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colitco · 2 months 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 · 2 months 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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