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Patriot Resources Limited (ASX:PAT)

ALERT: Price-sensitive ASX Announcement for PAT
Current share price for PAT : $0.053 -0.008 (-13.11%)+
Announcement
Release
19 Aug 2026 9:45AM
Price at Release
$0.061
Full Release
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Summary
The investor presentation for Patriot Resources Limited provides an overview of their high-grade silver and critical minerals projects, highlighting significant resource estimates and exploration targets at their Tassa Silver-Gold Project in Peru and promising developments at the Kitumba Copper Project in Zambia. The presentation underscores Patriot's strategic focus on advancing these projects, supported by strong community agreements and environmental permits, while divesting non-core assets like the Gorman Lithium Project. Key drilling results and the company's robust technical expertise are emphasized as avenues for future growth and resource expansion.
Key Points
  • Patriot Resources Limited's Tassa Silver-Gold Project in Peru boasts a maiden JORC inferred resource of 31.4 million ounces silver equivalent (AgEq) from 18.53 million tonnes at 52.68 g/t AgEq.
  • The Tassa project has a JORC exploration target of 774 to 559 million ounces AgEq from 422 to 359 million tonnes at 57 to 48 g/t AgEq.
  • Key drilling results include high-grade zones such as 60m at 224.20 g/t silver from 24m and 4m at 919.50 g/t silver from 36m.
  • The Kitumba Copper Project in Zambia has identified copper-silver-zinc-cobalt mineralization with potential for expansion; maiden RC drilling confirmed significant continuous zones of mineralization.
  • Patriot Resources is focusing on divesting its Gorman Lithium and Critical Minerals Project to focus on Tassa and Kitumba.
  • The company has strong community agreements in place and valid environmental permits for its projects.
  • Patriot Resources emphasizes its experienced technical team and strategic partnerships to support project development.
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.