Patriot Resources Secures Tassa and Unveils Major Silver Resource in Peru

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

Patriot Resources has transformed into a resource-stage growth company after completing the acquisition of 100% of the Tassa Silver-Gold Project in Peru and defining a maiden JORC 2012 mineral resource of 18.53 million tonnes at 52.68 grams per tonne silver equivalent, totalling 31.4 million ounces. Metallurgical test work indicating about 85% silver recoveries, identification of high-grade zones, and appointment of new leadership and local technical and community teams underpin plans to expand resources and advance development, while a subsequent JORC exploration target of up to several hundred million ounces silver equivalent highlights the project’s potential as one of the largest undeveloped silver systems globally.

The newly defined resource, combined with the large-scale exploration target over a 2.9-kilometre mineralised corridor that remains open in all directions, establishes Patriot as an emerging silver growth company with immediate scale. These developments suggest significant upside for future drilling and technical studies, support potential for conventional processing and strong project economics, and enhance the company’s strategic positioning among global silver developers, with implications for shareholders seeking leverage to large-scale silver exposure.

More about Patriot Lithium Ltd.

Patriot Resources Limited, trading as Patriot Lithium Ltd., is an emerging precious metals company focused on silver and gold exploration and development. The company’s key asset is the Tassa Silver-Gold Project in Peru, a large epithermal system targeted for both open pit development and resource growth, positioning Patriot within the global silver growth segment.

Average Trading Volume: 3,408,469

Technical Sentiment Signal: Buy

Current Market Cap: A$30.19M

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