Australia's Patriot Lithium posts record jump on starting exploration in US

Patriot Resources

21/12/2022 04:23

** Shares of Patriot Lithium Ltd  PAT.AX  rise as much as
16.0% to A$0.290, record intraday pct gain 
    ** Australian lithium miner says it has started exploration
and project generation activities at all three projects in the
United States after A$10 mln ($6.66 mln) IPO and listing in ASX
earlier in the month
    ** Adds targeting underway for systematic field work, drill
targeting in early 2023 at both Keystone and Tinton West
Projects in South Dakota
    ** Also adds field work and drill targeting are in progress
at the Wickenburg Project in Arizona for potential drill program
forecast in early 2023
    ** Further adds continues to evaluate new opportunities in
high-grade lithium-cesium-tantalum pegmatite regions elsewhere
in North America
    ** Stock has fallen 20.8% since debuting on Dec.09 , as of
last close
($1 = 1.5013 Australian dollars)
 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))