Patriot Resources Limited (ASX:PAT)

Patriot Resources Limited announced a Maiden JORC (2012) Inferred Mineral Resource Estimate of 31.4 million ounces of silver equivalent (AgEq) at their Tassa Project. The estimate is based on 18.53 million tonnes at 52.68 g/t AgEq, with silver being the dominant metal, representing approximately 81% of the contained metal value. The resource was acquired at an initial consideration of US$0.04 per contained silver equivalent ounce. The mineralisation is part of a large-scale epithermal system starting from the surface and remains open in all directions, showing potential for further resource expansion. The company plans to conduct further drilling to enhance the classification and explore additional growth opportunities. The Tassa Project represents a significant milestone for Patriot, emphasizing its value in the context of current silver prices. Future exploration will focus on infill drilling to upgrade classification and step-out drilling to expand the mineral resource estimate.