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Patriot Resources Limited (ASX:PAT)

ALERT: Price-sensitive ASX Announcement for PAT
Current share price for PAT : $0.076 0.03 (65.22%)+
Announcement
Release
3 Dec 2025 12:38PM
Price at Release
$0.046
Full Release
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Summary
The investor presentation by Patriot Resources Limited in December 2025 highlights their strategic focus on the Gorman Lithium Project in Ontario, Canada. The project is situated in a prime location within the Bearhead Lake Fault Zone, known for its high-grade lithium resources. The venture showcases a confirmed lithium-caesium-tantalum (LCT) pegmatite system and has revealed significant spodumene concentrations along a 5.2 km corridor. The company has received government approval for drilling activities and is engaged in discussions with First Nations to facilitate project progression. The strategic importance of the project is further emphasized by its support from both industry partners and government bodies.
Key Points
  • Patriot Resources Limited focuses on advancing its Gorman Lithium Project in Ontario, Canada.
  • The Gorman Project is located in a proven lithium district within the Bearhead Lake Fault Zone.
  • High-grade lithium spodumene identified across a 5.2 km corridor, open in all directions.
  • Confirmed lithium-caesium-tantalum (LCT) pegmatite system, indicating significant resource potential.
  • Strategic partnerships and government backing underline the project's potential.
  • Drill permits for up to 2,400 meters of drilling have been granted.
  • On-going discussions with First Nations to progress development.
  • Patriot Resources has a dominant land position along the lithium corridor.
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.