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Patriot Resources Limited (ASX:PAT)

ALERT: Price-sensitive ASX Announcement for PAT
Current share price for PAT : $0.053 -0.007 (-11.67%)+
Announcement
Release
5 Aug 2026 8:36AM
Price at Release
$0.060
Full Release
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Summary
Patriot Resources Limited has completed an initial site visit and reconnaissance geological mapping on its Licence 33543-HQ-LEL. This licence, located approximately 12 km north of Mkushi, Zambia, and 17 km from the Fishtie/Kashime copper deposit, covers the south-western extension of the Lusale Basin mineralised corridor. The mapping identified a siliceous siltstone with magnetite–ankerite–apatite banding, comparable to the lithological unit hosting Fishtie-style copper mineralisation. A significant structural jog was found, representing a potential mineralisation corridor. Although no drilling or sampling has been conducted, the identified geological features suggest a prospective area for further exploration. The acquisition of this licence expands Patriot’s exploration footprint in Zambia, complementing recent discoveries in the Mumbwa District.
Key Points
  • Patriot completed initial site visit on Licence 33543-HQ-LEL
  • Licence is located 17 km from Fishtie/Kashime copper deposit
  • Mapping identified siliceous siltstone with magnetite–ankerite–apatite banding
  • Structural jog found, suggesting potential mineralisation corridor
  • No drilling or sampling conducted yet
  • Acquisition expands Patriot's exploration footprint in Zambia
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.