Mr. Blair Way reports

PATRIOT FILES NI 43-101 TECHNICAL REPORT ON THE CV5 MINERAL RESOURCE ESTIMATE, CORVETTE PROPERTY, QUEBEC, CANADA

Patriot Battery Metals Inc. has filed on SEDAR+ a technical report prepared in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, titled "Mineral resource estimate for the CV5 pegmatite, Corvette property." The filing follows the July 30, 2023, announcement of the maiden mineral resource estimate for the CV5 pegmatite -- 109.2 million tonnes (Mt) at 1.42 per cent Li2O (lithium oxide) and 160 parts per million (ppm) Ta2O5 (tantalum pentoxide) inferred.

The technical report has been prepared by BBA Engineering Ltd. with contributions from Primero Group Americas Inc. Both consulting groups are independent of the company, in accordance with NI 43-101. The report is available on SEDAR+ and will shortly be available on the company's website.

About the CV lithium trend

The CV lithium trend is an emerging spodumene pegmatite district discovered by the company in 2017 and is interpreted to span more than 50 kilometres across the Corvette property. The core area includes an approximate 3.7 km long spodumene pegmatite (the CV5 pegmatite) and multiple proximal secondary spodumene pegmatite lenses.

To date, seven distinct clusters of lithium pegmatite have been discovered across the Corvette property: CV4, CV5, CV8, CV9, CV10, CV12 and CV13. Given the proximity of some pegmatite outcrops to each other, as well as the shallow till cover in the area, it is probable that some of the outcrops may reflect a discontinuous surface exposure of a single, larger pegmatite outcrop subsurface. Further, the high number of well-mineralized pegmatites along the trend indicate a strong potential for a series of relatively closely spaced/stacked, subparallel and sizable spodumene-bearing pegmatite bodies, with significant lateral and depth extent, to be present.

Qualified/competent person

The information in this news release that relates to exploration results for the Corvette property is based on, and fairly represents, information compiled by Darren L. Smith, MSc, PGeo, who is a qualified person as defined by National Instrument 43-101, and member in good standing with the Ordre des Geologues du Quebec (geologist permit No. 01968), and with the Association of Professional Engineers and Geoscientists of Alberta (member No. 87868). Mr. Smith has reviewed and approved the technical information in this news release.

Mr. Smith is vice-president of exploration for Patriot Battery Metals, and holds common shares and options in the company.

Mr. Smith has sufficient experience, which is relevant to the style of mineralization, type of deposit under consideration and to the activities being undertaken, to qualify as a competent person as described by the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the Joint Ore Reserves Committee (JORC) Code). Mr. Smith consents to the inclusion in this news release of the matters based on his information in the form and context in which it appears.

About Patriot Battery Metals Inc.

Patriot Battery is a hardrock lithium exploration company focused on advancing its district-scale 100-per-cent-owned Corvette property located in the Eeyou Istchee James Bay region of Quebec, Canada, and proximal to regional road and power line infrastructure. The Corvette property hosts the CV5 spodumene pegmatite with a maiden inferred mineral resource estimate of 109.2 million tonnes at 1.42 per cent Li2O and ranks as the largest lithium pegmatite resource in the Americas based on contained lithium carbonate equivalent (LCE), and one of the top-10 largest lithium pegmatite resources in the world. Additionally, the Corvette property hosts multiple other spodumene pegmatite clusters that remain to be drill tested, as well as more than 20 km of prospective trend that remain to be assessed.

We seek Safe Harbor.