Patriot Battery Metals awarded Entrepreneur of the Year

Patriot Battery Metals awarded Entrepreneur of the Year

Patriot Battery Metals awarded Entrepreneur of the Year by the Quebec Mineral Exploration Association

VANCOUVER, BC, Nov. 2, 2024 / – November 1, 2024 – Sydney, Australia

Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to advise that it has been recognized as “Entrepreneur of the Year” by the Quebec Mineral Exploration Association (QMEA). The award was announced at the 2024 QMEA Awards Gala held in Montreal on October 30, 2024.

The Entrepreneur of the Year award recognizes the work of a company or team that has made significant progress over the past year and was awarded to Patriot for its progress at the Company’s flagship 100%-owned Shaakichiuwaanaan Project.

The Patriot team was honored to be joined at the event by members of the Cree community and the Ratt family, (Paul Ratt, Tallyman to Trapline CH-39 and the location of our Shaakichiuwaanaan Project). Further, it was both a pleasure and an honour for them to join with us as partners on stage for the acceptance of the award.

The Patriot team advanced the Shaakichiuwaanaan Project in several ways this past year, including construction of a 20.2 km all season access road enabling the Company to reduce its dependency on helicopters. Further, the team constructed an 88-person exploration camp and released an update to its Mineral Resource Estimate in August.

The Preliminary Economic Assessment (PEA) for Shaakichiuwaanaan, also delivered in August this year, confirmed the Project’s potential as a future North American lithium powerhouse, targeting to become the fourth-largest hard rock lithium mine in the world, with an estimated 24-year mine life.

The Company also kicked off its Feasibility Study and continued collection of environmental baseline data to inform the Environmental and Social Impact Assessment. The team expanded to include talented, passionate professionals in geology, engineering/studies, ESG, finance/accounting and site management.

Ken Brinsden, President, CEO and Director, comments: “We are enormously proud that Patriot has been recognised as Entrepreneur of the Year by the QMEA, reflecting the exceptional hard work of the Patriot Battery Metals team over the past year in progressing exploration programs and development studies at our flagship Shaakichiuwaanaan Project.”

Qualified/Competent Person

The technical information in this news release that relates to the Shaakichiuwaanaan Property is based on, and fairly represents, information compiled by Mr. Darren L. Smith, M.Sc., P.Geo., who is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and member in good standing with the Ordre des Géologues du Québec (Geologist Permit number 01968), and with the Association of Professional Engineers and Geoscientists of Alberta (member number 87868). Mr. Smith has reviewed and approved the technical information in this news release.

Mr. Smith is an Executive and Vice President of Exploration for Patriot Battery Metals Inc. 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 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.

www.patriotbatterymetals.com

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