Patriot Expands Tassa Silver-gold Project in Peru
Summary
Patriot Resources has expanded its Tassa Silver-Gold Project in Peru by acquiring a new tenement named Tassa 5. This addition increases the company's landholding from 1,200 hectares to 1,800 hectares, extending the mineralized corridor. The Tassa Project now includes a 31.4Moz AgEq Maiden Inferred Mineral Resource. The company is engaging with local communities to support a Phase 1 drilling program.
Investor Highlights
Extracted from the company announcement. This is not financial advice.
- Tassa Project expanded by acquiring Tassa 5 tenement.
- Landholding increased to 1,800 hectares.
- 31.4Moz AgEq Maiden Inferred Mineral Resource at Tassa Project.
Key Points
- Patriot acquires Tassa 5 tenement, expanding its project in Peru.
- Landholding increased from 1,200ha to 1,800ha.
- Tassa Project hosts a 31.4Moz AgEq Maiden Inferred Mineral Resource.
Key Changes Since Last Announcement
No direct comparison available from recent announcements.
Readability
Moderate Detail — The announcement includes technical details about landholding and mineral resources, requiring some familiarity with mining terms.
Share Price Reaction
Following the announcement, the share price moved from $0.0610 to $0.0610 over five trading days, representing a increased of 0.0%.
- Price at announcement: $0.0610
- 1 day change: 0.00%
- 5 day change: 0.00%
- 30 day change: -18.03%
Share price data may be delayed.
Mine Brief summaries are generated from company announcements and are provided for general information only. They are not financial advice. Investors should refer to the original announcements and seek professional advice where appropriate.
