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Patriot Battery Metals (PMET.V) has a new neighbor in the James Bay region, a top lithium exploration address in 2023. Galan Lithium (ASX:GLN) and Redstone Resources (ASX:RDS) have acquired the Taiga, Camaro, and Hellcat lithium projects from Infinity Stone Ventures (CSE:GEMS).
Why is this significant?
These projects, covering 5,187 hectares, are adjacent to Patriot Battery Metals’ CV8 pegmatite. This positions them in the heart of the James Bay region where advanced exploration activity is ongoing. All three projects demonstrate the elements necessary for spodumene‐bearing pegmatite emplacement.
What’s next?
Galan and Redstone plan to complete a reconnaissance geological mapping program, including rock chip sampling for geochemical assays, at the projects. The results will inform areas to be targeted for further investigation, such as geophysical exploration to determine the geometry of any lithium‐bearing pegmatites at depth.
Company Website: https://patriotbatterymetals.com
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