Patriot Resources Quarterly Activities Report Q1 2026

2026-04-30 Technical

Summary

Patriot Resources has completed the acquisition of the Tassa Silver-Gold Project in Peru, defining a maiden JORC (2012) Mineral Resource of 18.53Mt at 52.68 g/t AgEq. The company also announced a significant exploration target at Tassa, indicating potential for district-scale development. Metallurgical tests show promising silver recoveries, supporting conventional processing. Additionally, the Kitumba Project in Zambia has shown promising geophysical survey results.

Investor Highlights

Extracted from the company announcement. This is not financial advice.

  • Maiden JORC Mineral Resource at Tassa: 18.53Mt @ 52.68 g/t AgEq.
  • Tassa acquisition completed, securing 100% ownership.
  • Metallurgical tests confirm ~85% silver recoveries.
  • Exploration target at Tassa: 774-559 Moz AgEq.
  • Kitumba Project geophysical surveys completed.

Key Points

  • Maiden JORC Mineral Resource at Tassa: 18.53Mt @ 52.68 g/t AgEq.
  • Tassa acquisition completed, 100% ownership secured.
  • Metallurgical tests show ~85% silver recoveries.
  • Exploration target at Tassa: 774-559 Moz AgEq.
  • Kitumba Project geophysical surveys completed.

Key Changes Since Last Announcement

No direct comparison available from recent announcements.

Readability

Technical — The announcement includes detailed technical data and mining terminology.

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.