Australia's Patriot Lithium rises on securing Ontario-based projects

Patriot Resources

20/03/2023 04:58

** Shares of Patriot Lithium  PAT.AX  jump as much as 25% to
A$0.30, their biggest one-day gain on record
    ** Lithium miner says it acquired four new projects in
Ontario and extended holdings in existing Gorman and Forester
projects
    ** New lands add to co's Ontario portfolio in Canada and
captures numerous mapped pegmatites - PAT
    ** Co says it plans to undertake systematic evaluation of
all data across the new project areas and expects field work to
commence as soon as the weather allows
    ** Stock notches its highest since March 10
    ** YTD, PAT down 9.4%, as of last close


($1 = 1.4663 Australian dollars)

 (Reporting by Savyata Mishra in Bengaluru)
 ((Savyata.Mishra@thomsonreuters.com))