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Patriot Lithium Ltd. ( (AU:PAT) ) has issued an announcement.
Patriot Resources Limited has terminated its agreement to acquire the Sugarloaf Licence due to unsatisfactory due diligence findings. Consequently, the company has redirected its drilling efforts to its 80% owned licence 27715, which is adjacent to Sinomine’s Kitumba Copper Deposit, and drilling is currently underway.
More about Patriot Lithium Ltd.
Patriot Resources Limited (ASX: PAT) is an Australian exploration company focused on discovering and developing high-value battery and critical mineral assets. The company targets regions with significant geological potential and supportive infrastructure, aiming for near-term project development and long-term growth. Patriot emphasizes capital efficiency and scalability, aligning its operations with the global energy transition.
Average Trading Volume: 185,881
Technical Sentiment Signal: Sell
Current Market Cap: A$8.25M
Find detailed analytics on PAT stock on TipRanks’ Stock Analysis page.