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Patriot Lithium Ltd. ( (AU:PAT) ) has shared an announcement.
Patriot Lithium Limited has announced an option agreement to acquire a 90% interest in three large-scale exploration licenses in the copper-rich Mumbwa Region of Zambia, expanding its exploration footprint to a total of 705 km². This strategic acquisition positions Patriot as a significant player in the Mumbwa copper district, leveraging historical data and ongoing partnerships to enhance its exploration efforts and potentially benefit from the development of the Sinomine Kitumba Copper Mine, expected to be the largest in the region.
More about Patriot Lithium Ltd.
Patriot Lithium Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in lithium and copper exploration, with a market focus on expanding its resource base in mineral-rich regions.
YTD Price Performance: 2.22%
Average Trading Volume: 164,271
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$5.82M
For an in-depth examination of PAT stock, go to TipRanks’ Stock Analysis page.
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