Patriot Lithium Acquires Major Stake in Zambian Copper Project

Patriot Lithium Ltd. (AU:PAT) has released an update.

Patriot Lithium Ltd. has secured a binding agreement to acquire an 80% interest in the Kitumba Copper Licence 27715 in Zambia, strategically located near Zambia’s first copper district. This acquisition positions Patriot alongside Sinomine’s $600 million investment in the region, highlighting the area’s historical and ongoing copper mining significance. With Kitumba’s proximity to Zambia’s pioneering mines, this venture underscores the district’s enduring appeal for copper exploration.

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