Patriot Resources ASX:PAT — Investor FAQs

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Company

What was the outcome of the recent General Meeting held by Patriot Resources?
All proposed resolutions were carried at the General Meeting held on October 9, 2026. These included the ratification of prior share issues under Listing Rules 7.1 and 7.1A, and approval to issue shares to Mr. Hugh Warner and Christopher Banda. [Source: General Meeting Results, 2026-10-09]
What is Patriot Resources' strategic focus according to the latest annual report?
Patriot Resources plans to focus on its Peruvian silver-gold exploration, particularly the Tassa Silver-Gold Project, while divesting non-core assets in Zambia and Canada. [Source: Annual Financial Report, 2026-09-30]
How many shares does Patriot Resources currently have quoted on the ASX?
Following the latest share issuance, Patriot Resources has a total of 345,161,594 quoted securities on the ASX. [Source: Appendix 2A-Application for quotation of securities, 2026-08-26]
What recent capital raising activities has Patriot Resources undertaken?
Patriot Resources issued 51,985,455 ordinary shares at $0.055 each, and 6,750,000 unquoted options with an exercise price of AUD 0.0825, expiring on August 26, 2029. [Source: Appendix 2A-Application for quotation of securities, 2026-08-26]

Tassa Silver-Gold Project

What is the current exploration target for the Tassa Silver-Gold Project?
The exploration target for the Tassa Silver-Gold Project is between 774 Moz and 559 Moz Silver Equivalent (AgEq) from 422-359 million tonnes at 57-48 g/t AgEq. [Source: Amended Announcement, 2026-05-08]
What recent developments have occurred at the Tassa Silver-Gold Project?
Patriot Resources completed its maiden surface sampling program at the northern Tassa tenement and secured community approval to commence an exploration program at the Tassa 5 tenement. A drill permit application has been lodged with Peru's Ministry of Energy and Mines. [Source: Maiden Sampling Completed at Tassa Silver-Gold Project, 2026-10-02]

Kitumba Copper Project

What is the status of the Kitumba Copper Project in Zambia?
The Kitumba Copper Project in Zambia has shown promising geophysical survey results, and the company plans to use funds raised to support further drilling programs. [Source: Quarterly Activities Report, 2026-04-30]

Gorman Lithium and Critical Minerals Project

What are the key features of the Gorman Lithium and Critical Minerals Project?
Patriot Resources plans to divest the Gorman Lithium Project as part of its strategy to focus on core assets. [Source: Annual Financial Report, 2026-09-30]

Licence 33543-HQ-LEL

What exploration activities are planned for Licence 33543-HQ-LEL in Zambia?
Patriot Resources has completed initial geological mapping at Licence 33543-HQ-LEL, identifying features similar to the Fishtie/Kashime copper deposit. A Phase 1 drilling program is planned for 2026. [Source: Initial Geological Mapping Supports Copperbelt Prospectivity, 2026-08-05]

Tonic

What is the significance of the Tonic prospect in Zambia?
The Tonic prospect in Zambia has confirmed a new copper-silver-zinc-cobalt discovery through maiden drilling, with high-grade intervals remaining open at depth and along strike. [Source: Maiden Drilling Confirms High-Grade Copper Discovery in Zambia, 2026-07-08]

Tassa High-Grade Gold-Silver Project

What is the Tassa High-Grade Gold-Silver Project?
The Tassa High-Grade Gold-Silver Project is a 100%-owned high-grade silver-gold system located in Peru's prolific Southern Epithermal Belt. It features a maiden JORC (2012) Inferred Resource of 31.4 Moz AgEq at 52.68g/t AgEq and includes standout high-grade zones. The project is silver-dominant with polymetallic mineral resources including gold, copper, zinc, and lead. [Source: Company Website]
Where is the Tassa High-Grade Gold-Silver Project located?
The Tassa High-Grade Gold-Silver Project is strategically located 120km from Arequipa in the Sánchez Cerro province of the Moquegua region, Peru. This location benefits from established infrastructure, including power, road, rail, and air links. [Source: Company Website]
What commodities are being targeted at the Tassa High-Grade Gold-Silver Project?
The Tassa High-Grade Gold-Silver Project targets silver and gold as the primary commodities, with additional polymetallic resources including copper, zinc, and lead. [Source: Company Website]
What is the current status of the Tassa High-Grade Gold-Silver Project?
Patriot Resources has completed its maiden surface sampling program at the northern Tassa tenement and is preparing to commence an exploration program at Tassa 5. A drill permit application has been lodged with Peru's Ministry of Energy and Mines. [Source: MAIDEN SAMPLING COMPLETED AT TASSA SILVER-GOLD PROJECT – EXPLORATION PROGRAM TO COMMENCE AT TASSA 5, 2026-10-02]
What recent work has been conducted at the Tassa High-Grade Gold-Silver Project?
Recent work includes the completion of a maiden surface sampling program at the northern Tassa tenement, with 38 samples sent for analysis. An exploration program is set to commence at Tassa 5, and a drill permit application has been lodged. [Source: MAIDEN SAMPLING COMPLETED AT TASSA SILVER-GOLD PROJECT – EXPLORATION PROGRAM TO COMMENCE AT TASSA 5, 2026-10-02]
What are the recent results from the Tassa High-Grade Gold-Silver Project?
The Tassa High-Grade Gold-Silver Project has a maiden JORC Inferred Mineral Resource of 31.4Moz AgEq. Recent activities include the completion of a maiden surface sampling program, with samples sent for analysis to refine targets for future drilling. [Source: MAIDEN SAMPLING COMPLETED AT TASSA SILVER-GOLD PROJECT – EXPLORATION PROGRAM TO COMMENCE AT TASSA 5, 2026-10-02]

Gorman Lithium Project

What is the Gorman Lithium Project?
The Gorman Lithium Project is a mining initiative focused on the exploration and potential extraction of lithium resources. It is part of Patriot Resources' portfolio of projects.
Where is the Gorman Lithium Project located?
The Gorman Lithium Project is located in Canada. Specific details about its exact location are not provided in the recent announcements.
What commodity is being targeted at the Gorman Lithium Project?
The Gorman Lithium Project targets lithium, a critical mineral used in various applications including batteries for electric vehicles and energy storage systems.
What is the current status of the Gorman Lithium Project?
As of the latest updates, Patriot Resources is considering the potential divestment of the Gorman Lithium Project, indicating it may not be a core focus for the company moving forward. [Source: PowerPoint Presentation, 2026-08-19]
Has there been any recent work or exploration activity at the Gorman Lithium Project?
There have been no recent announcements detailing specific exploration activities or work conducted at the Gorman Lithium Project.
What are the future plans for the Gorman Lithium Project?
Patriot Resources has indicated potential plans to divest the Gorman Lithium Project, suggesting that it may be sold or transferred to another entity. [Source: PowerPoint Presentation, 2026-08-19]

Zambian Copper Projects

What is the Zambian Copper Projects?
The Zambian Copper Projects are a series of exploration initiatives focused on discovering and developing copper resources in Zambia. These projects are part of Patriot Resources' strategic focus on high-grade copper and critical minerals.
Where are the Zambian Copper Projects located?
The Zambian Copper Projects are located in Zambia, a country known for its rich copper deposits and mining activities.
What commodity is being explored in the Zambian Copper Projects?
The primary commodity being explored in the Zambian Copper Projects is copper, with potential for associated minerals such as silver, zinc, and cobalt.
What is the current status of the Zambian Copper Projects?
The Zambian Copper Projects are in the exploration phase. Initial geological mapping has been completed, identifying geological features similar to nearby copper deposits, and a Phase 1 drilling program is planned for 2026.
What recent work has been conducted on the Zambian Copper Projects?
Recent work on the Zambian Copper Projects includes initial geological mapping at Licence 33543-HQ-LEL, which identified geological features similar to the nearby Fishtie/Kashime copper deposit. No sampling has been conducted yet, but further exploration, including a Phase 1 drilling program, is planned.
What were the results of the recent exploration activities at the Zambian Copper Projects?
The initial geological mapping at the Zambian Copper Projects identified geological features similar to the Fishtie/Kashime copper deposit, suggesting potential for copper mineralization. However, no sampling has been conducted yet, so the potential mineralization remains untested.

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