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Patriot Resources Limited (ASX:PAT)

ALERT: Price-sensitive ASX Announcement for PAT
Current share price for PAT : $0.045 -0.012 (-21.05%)+
Announcement
Release
9 Dec 2025 10:24AM
Price at Release
$0.057
Full Release
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Summary
Patriot Resources Limited's investor presentation in December 2025 highlighted the acquisition of the Tassa Silver-Gold Project in Peru. Located near the San Gabriel Gold Mine, the project resides in a highly prospective epithermal belt. The company showcased significant historical drilling results indicating substantial silver and gold mineralization. Patriot Resources plans to carry out systematic drilling in two phases to extend known mineralized zones and explore new targets. The project shows potential for deeper CRD systems, and the company's experienced management team is poised to lead effective exploration activities.
Key Points
  • Patriot Resources Limited acquired the Tassa Silver-Gold Project in Peru.
  • The project is located near the San Gabriel Gold Mine in the prolific Southern Epithermal Belt.
  • Historical drilling showed significant silver and gold grades, with multiple drill holes yielding high-grade results.
  • Phase 1 and Phase 2 drilling plans are in place to expand known zones and test new targets.
  • The Tass project has potential for deeper Carbonate Replacement Deposits (CRD).
  • The company has a strong leadership team with extensive experience in mining and exploration.
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.