Patriot Battery Metals Inc. announced the results from the 2021 surface exploration program, as well as results for drill hole CF21-014, which targeted a new lithium pegmatite discovery – termed CV12 – in a new area of the Property, situated approximately 8.5 km west of the CV5-6 pegmatites. Field work was completed during late summer and fall of 2021, on the Company's and wholly owned Corvette Property (the Property), located in the James Bay Region of Quebec, proximal to the regional and all-weather Trans-Taiga Road and powerline infrastructure. Over the course of approximately twenty-three (23) days, between August 20 and October 8, 2021, the Company completed prospecting and rock sampling over a portion of the CV Lithium Trend, which extends across the Property.

New lithium pegmatite discovery – CV12 – eleven (11) outcrop samples ranged from nil to >5.0% Li2O, averaging 2.81% Li2O. Significant tantalum grades from 49 ppm to 1,478 ppm Ta2O5, averaging 438 ppm Ta2O5; Main outcrop approximately5 to 40 m in width and 140 m in length; Additional lithium pegmatite outcrops discovered over approximate 1.0 km strike length; New lithium pegmatite outcrop discovered approximately 120 m west-northwest of the CV8 Pegmatite, with a grab sample assay of 5.21% Li2O and 86 ppm Ta2O5, significantly extending the potential strike length of the CV8 occurrence. Two lithium pegmatite boulders discovered east-southeast of CV12 and CV8, assaying 2.69% Li2O and 198 ppm Ta2O5, and 2.20% Li2O and 265 ppm Ta2O5 respectively, indicating additional yet to be discovered pegmatites are present to the northeast, and on trend with the Company's recently acquired Deca-Goose claim block.