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Patriot Lithium Ltd. ( (AU:PAT) ) has issued an announcement.
Patriot Resources has extended the strike length of its newly discovered polymetallic system (Target B1) at the Kitumba project in Zambia from 400 metres to approximately one kilometre, following the completion of Phase 2 ground magnetics and induced polarization surveys over an expanded 90-hectare area. The system remains open laterally and along strike, with geophysical data indicating mineralised signatures to at least around 100 metres depth and trenching now totaling 645 metres, while previously reported assays have already confirmed copper, gold, silver, zinc and lead mineralisation over a 200-metre strike; together, these results support the company’s progression toward initial drill testing, marking a significant step in de-risking and potentially scaling up the project for stakeholders.
The most recent analyst rating on (AU:PAT) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Patriot Lithium Ltd. stock, see the AU:PAT Stock Forecast page.
More about Patriot Lithium Ltd.
Patriot Resources Limited (Patriot, ASX: PAT) is a mineral exploration company focused on discovering and advancing polymetallic deposits, including copper, gold, silver, zinc and lead, with an 80% interest in the Kitumba 27715 project in Zambia. The company is using geophysical surveys, trenching and planned drill programs to define the scale, continuity and economic potential of its targets within this licence package.
Average Trading Volume: 605,580
Technical Sentiment Signal: Buy
Current Market Cap: A$12.71M
See more data about PAT stock on TipRanks’ Stock Analysis page.