Patriot Lithium Limited (ASX: PAT) has received approval from the Bureau of Land Management (BLM) to begin its Phase 1 drilling program at the Wickenburg project in Arizona. The program aims to explore the Dove West spodumene pegmatite, located at the historic Dove pegmatite mine, to gain a better understanding of lithium mineralization in the shallow subsurface. The company plans to drill up to 14 diamond core holes, with a total length of approximately 1015 meters.
Patriot is currently in final discussions with drilling contractors and expects to commence drilling soon. The drilling program, along with ongoing mapping, surface geochemistry, and geophysical surveys, will help increase the company's knowledge of the Dove and surrounding pegmatite systems, including their grade and tonnage potential. Based on the results, Patriot intends to conduct a more extensive drilling program later in 2023, covering additional target areas identified in the region.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.