15:25:22 EDT Fri 26 Apr 2024
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USA
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Patriot Battery Metals Inc
Symbol PMET
Shares Issued 92,790,239
Close 2023-01-09 C$ 7.77
Market Cap C$ 720,980,157
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Patriot Battery appoints Drapack VP, Drolet adviser

2023-01-09 17:34 ET - News Release

Mr. Blair Way reports

HIGHLIGHTS: ENVIRONMENT AND PERMITTING PROFESSIONALS APPOINTED TO PATRIOT'S MANAGEMENT TEAM; ALIX DRAPACK JOINS AS VICE PRESIDENT OF ENVIRONMENT, SOCIAL AND GOVERNANCE; ANDREE DROLET JOINS AS SENIOR ADVISOR ENVIRONMENT AND PERMITTING; BOTH ALIX AND ANDREE PREVIOUSLY HELD SENIOR POSITIONS FOR OSISKO MINING INC. A LEADING QUEBEC BASED GOLD EXPLORATION COMPANY EXPLORING THE WINDFALL LAKE GOLD DEPOSIT IN THE EEYOU-ISTCHEE JAMES BAY REGION.

Patriot Battery Metals Inc. has appointed Alix Drapack, PEng, MBA, ICD.D, to its management team in the role of vice-president environment, social and governance (ESG). Ms. Drapack will oversee the company's ESG activities including environment, community relations and first nation relations, agreements, and partnerships. The company is also pleased to announce that Andree Drolet, PEng, has joined the PMET team as senior adviser, environment and permitting. Ms. Drapack and Ms. Drolet are two highly experienced professionals in their respective fields and will be instrumental for the advancement of the Corvette property located in the Eeyou Istchee James Bay region of Quebec.

Ms. Drapack comments:

"Andree and I are very pleased to be working together again on this exciting project in Eeyou Istchee James Bay. The Corvette project gives us an opportunity to continue our positive and productive relationship with the Crees and the Quebec government regulators. The Patriot team has completed an impressive amount of ESG work to date as an exploration company. The permitting path has strong foundation, and we look forward to progressing the environmental assessment process through to a successful completion."

Blair Way, company president, chief executive officer and director, comments:

"I am very pleased to bring on board two key team members as we grow the company for advancing the Corvette property. Alix and Andree have considerable experience in their respective fields with a focus on developing mineral resource projects in Quebec. I look forward to working with them as we grow the company.

Ms. Drapack, PEng, MBA, ICD.D, is a professional engineer with over 30 years of experience in managing mining, environmental and transportation/infrastructure projects in Canada and the United States, spanning operations, consulting and corporate office settings. Ms. Drapack was the chief sustainability officer for Osisko Mining Inc. where her portfolio included health and safety, environment, human resources, and indigenous and community relations. During her time at Osisko she focused on permitting the Windfall Lake project in Northern Quebec and initiated and led the combined federal and provincial environmental assessment process for the Hammond Reef gold project in Ontario, a proposed 30,000-tonne-per-day open pit gold mine near Atikokan, Ont., which included permitting involving impacts to fish-bearing waterbodies with the federal Department of Fisheries and Ocean (DFO).

Ms. Drolet is a mining engineer, member of the Ordre des ingenieurs du Quebec, with 23 years of experience in the mining industry. She worked in water and mine waste management, mine closure, and permitting. Ms. Drolet was the environment director for Osisko Mining, leading the environmental assessment and the permitting of the Windfall project located on the traditional territory of the Cree First Nation of Waswanipi.

About Patriot Battery Metals Inc.

Patriot Battery Metals is a mineral exploration company focused on the acquisition and development of mineral properties containing battery, base, and precious metals. The company's flagship asset is the 100-per-cent-owned Corvette property, located proximal to the Trans-Taiga road and power line infrastructural corridor in the James Bay region of Quebec. The land package hosts significant lithium potential highlighted by the 2.2-kilometre-long CV5 spodumene pegmatite with drill intercepts of 159.7 metres at 1.65 per cent Li2O and 193 parts per million Ta2O5 (CV22-042), and 70.1 m at 2.22 per cent Li2O and 147 ppm Ta2O5, including 40.7 m at 3.01 per cent Li2O and 160 ppm Ta2O5 (CV22-017). Additionally, the property hosts the Golden Gap trend with grab samples of 3.1 to 108.9 grams per tonne gold from outcrop and seven m at 10.5 g/t gold in drill hole, and the Maven trend with 8.15 per cent copper, 1.33 g/t gold and 171 g/t silver in outcrop. The company also holds 100-per-cent ownership of the Freeman Creek gold property in Idaho, United States, which hosts two prospective gold prospects: the Gold Dyke prospect with a 2020 drill hole intersection of 12 m at 4.11 g/t Au and 33.0 g/t Ag, and the Carmen Creek prospect with surface sample results including 25.5 g/t Au, 159 g/t Ag and 9.75 per cent Cu. The company's other assets include the Pontax lithium-gold property, Quebec, and the Hidden Lake lithium property, Northwest Territories, where the company maintains a 40-per-cent interest, as well as several other assets in Canada.

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