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Patriot Resources Limited (ASX:PAT)

ALERT: Price-sensitive ASX Announcement for PAT
Current share price for PAT : $0.063 0.023 (57.50%)+
Announcement
Release
17 Nov 2025 9:31AM
Price at Release
$0.040
Full Release
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Summary
Patriot Resources Limited has announced the results from Phase 1 of its trenching program at Target B1 in Kitumba, Zambia, revealing significant copper, zinc, and lead mineralization. The results showed expanded mineralization footprint, increasing the strike length from 40m to approximately 200m, and a width of 20-35m. Key findings include assays indicating up to 0.99% Cu and 0.93% Zn over 2.0m and 0.25% Zn over 25.0m. The company is conducting ground magnetic and IP surveys to refine drill targets, with an emphasis on identifying subsurface structures and potential sulphide presence, pending gold assay results.
Key Points
  • Significant Cu-Zn-Pb assays received from Phase 1 trenching at Kitumba
  • Expanded mineralized footprint to ~200m strike length and 20-35m width
  • Key results include 0.99% Cu, 0.93% Zn over 2.0m from TBTR03
  • Ground magnetics and IP surveys underway to refine drilling targets
  • Potential polymetallic Cu-Zn-Pb-Au system identified
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.