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Patriot Resources Limited (ASX:PAT)

ALERT: Price-sensitive ASX Announcement for PAT
Current share price for PAT : $0.055 0.012 (27.91%)+
Announcement
Release
26 Nov 2025 9:30AM
Price at Release
$0.043
Full Release
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Summary
Patriot Resources Limited has announced the successful completion of high-resolution geophysical surveys at Target B1 within its Kitumba Project in Zambia, effectively doubling the strike length of the mineralised zone from approximately 200m to 400m. The survey identified strong near-surface sulphide indicators with significant chargeability anomalies, which are open along strike and at depth. The results have revealed a larger and more complex polymetallic Cu-Zn-Pb system than previously understood, providing a strong basis for further exploration. Phase 2 trenching is set to begin imminently to refine drill targets. The project is part of the company’s 80% interest in a large-scale license covering 25,511.29 hectares, held in partnership with Newlight Nominees Zambia Limited.
Key Points
  • High-resolution geophysics doubled the strike length at Target B1, Kitumba.
  • Geophysical surveys identified strong sulphide indicators and chargeability anomalies.
  • The mineralised footprint is larger and more complex than previously thought.
  • Phase 2 trenching will refine high-priority drill targets.
  • The Kitumba Project is 80% owned by Patriot Resources Limited under License 27715.
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.