Patriot Resources ASX:PAT — Investor FAQs

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Company

What is Patriot Resources' current issued capital?
As of the latest announcement, Patriot Resources' total issued capital post-quotation is 348,721,594 shares. [Source: Appendix 2A-Application for quotation of securities, 2026-10-13]
What recent changes have occurred in the company's director holdings?
Director Hugh Warner acquired 2,560,000 fully paid ordinary shares through a capital raise, increasing his indirect holdings to 16,242,654 shares. [Source: Change of Director's Interest, 2026-10-13]
What are the company's strategic focuses as outlined in the latest reports?
Patriot Resources is focusing on its high-grade silver and critical minerals projects in Peru and Zambia, with plans to divest non-core assets in Zambia and Canada. [Source: Annual Report, 2026-09-30]
What was the outcome of the recent General Meeting?
All proposed resolutions were carried at the General Meeting held on October 9, 2026, including the ratification of prior share issues and approval of new share issues. [Source: Results of Meeting, 2026-10-09]
What is the company's recent share issuance activity?
Patriot Resources issued 3,560,000 ordinary fully paid shares, with 2,560,000 shares issued at $0.055 per share and 1,000,000 shares for consultancy services. [Source: CLEANSING STATEMENT, 2026-10-13]

Tassa Silver-Gold Project

What is the current exploration status of the Tassa Silver-Gold Project?
Patriot Resources has completed its maiden surface sampling program at the northern Tassa tenement, with samples sent to a lab for analysis. An exploration program at Tassa 5 is set to commence, with a drill permit application lodged. [Source: MAIDEN SAMPLING COMPLETED AT TASSA SILVER-GOLD PROJECT, 2026-10-02]
What agreements are in place for the Tassa Silver-Gold Project?
Patriot Resources has secured a five-year Land Access Agreement with the Tassa Community in Peru, allowing for surface exploration and drilling activities. [Source: PATRIOT SECURES FIVE-YEAR EXPLORATION AGREEMENT WITH TASSA COMMUNITY, 2026-09-09]
What is the mineral resource estimate for the Tassa Silver-Gold Project?
The Tassa Silver-Gold Project has a JORC Inferred Mineral Resource of 31.4Moz AgEq at 52.68 g/t AgEq. [Source: Annual Report, 2026-09-30]
What is the exploration target for the Tassa Silver-Gold Project?
The exploration target for the Tassa Silver-Gold Project is between 774 Moz and 559 Moz AgEq from 422-359 million tonnes at 57-48 g/t AgEq. [Source: Amended Announcement, 2026-05-08]

Kitumba Copper Project

What recent developments have occurred at the Kitumba Copper Project?
Patriot Resources has discovered copper at the Kitumba Project in Zambia, which is part of its strategic focus on high-grade silver and critical minerals projects. [Source: Investor Presentation, 2026-08-19]

Licence 33543-HQ-LEL

What is the exploration status of Licence 33543-HQ-LEL in Zambia?
Initial geological mapping at Licence 33543-HQ-LEL has identified features similar to the Fishtie/Kashime copper deposit, with plans for a Phase 1 drilling program in 2026. [Source: Initial Geological Mapping Supports Copperbelt Prospectivity, 2026-08-05]

Tonic

What recent discoveries have been made at the Tonic prospect in Zambia?
A new copper-silver-zinc-cobalt discovery was confirmed at the Tonic prospect through maiden drilling, with high-grade intervals remaining open at depth and along strike. [Source: Maiden Drilling Confirms High-Grade Copper Discovery, 2026-07-08]

Gorman Lithium Project

What is the current status of the Gorman Lithium Project?
Patriot Resources plans to divest the Gorman Lithium Project as part of its strategy to focus on high-grade silver and critical minerals projects. [Source: Annual Report, 2026-09-30]

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 Inferred Resource of 31.4 million ounces of silver equivalent (AgEq) at a grade of 52.68 g/t AgEq.
Where is the Tassa High-Grade Gold-Silver Project located?
The Tassa High-Grade Gold-Silver Project is strategically located 120 kilometers from Arequipa in the Sánchez Cerro province of the Moquegua region, Peru. This location benefits from established infrastructure, including power, roads, rail, and air links.
What commodities are being targeted at the Tassa High-Grade Gold-Silver Project?
The project targets a silver-dominant polymetallic mineral resource, including silver (Ag), gold (Au), copper (Cu), zinc (Zn), and lead (Pb).
What is the current status of the Tassa High-Grade Gold-Silver Project?
The project has completed its maiden surface sampling program, and an exploration program is set to commence at the Tassa 5 tenement. A drill permit application has been lodged with Peru's Ministry of Energy and Mines.
What recent work has been conducted at the Tassa High-Grade Gold-Silver Project?
Patriot Resources completed a maiden surface sampling program at the northern Tassa tenement, collecting 38 samples that have been sent to a lab for analysis. The company has also secured community approval to commence an exploration program at the Tassa 5 tenement.
What are the recent results from the Tassa High-Grade Gold-Silver Project?
The maiden sampling program at the northern Tassa tenement has been completed, with samples sent to ALS in Peru for analysis. The project hosts a 31.4Moz AgEq Maiden Inferred Mineral Resource.

Gorman Lithium and Critical Minerals Project

What is the Gorman Lithium and Critical Minerals Project?
The Gorman Lithium and Critical Minerals Project is a mining initiative focused on the exploration and potential development of lithium and other critical minerals. It is part of Patriot Resources' portfolio aimed at capitalizing on the growing demand for these essential resources.
Where is the Gorman Lithium and Critical Minerals Project located?
The Gorman Lithium and Critical Minerals Project is located in Canada. It is strategically positioned to leverage Canada's rich mineral resources and established mining infrastructure.
What commodities are targeted by the Gorman Lithium and Critical Minerals Project?
The project targets lithium and other critical minerals, which are essential for various high-tech and green energy applications.
What is the current status of the Gorman Lithium and Critical Minerals Project?
As of the latest available information, the Gorman Lithium and Critical Minerals Project is considered a non-core asset, with potential plans for divestment by Patriot Resources as they focus on other projects.
Has there been any recent work or exploration activity at the Gorman Lithium and Critical Minerals Project?
There have been no recent announcements specifically detailing exploration activity or work at the Gorman Lithium and Critical Minerals Project. The focus has been on other projects within the company's portfolio.
What are the future plans for the Gorman Lithium and Critical Minerals Project?
Patriot Resources has indicated potential plans to divest the Gorman Lithium and Critical Minerals Project as part of their strategy to focus on core projects like the Tassa Silver-Gold Project in Peru.

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, along with associated minerals such as silver, zinc, and cobalt.
What is the current status of the Zambian Copper Projects?
As of the latest updates, the Zambian Copper Projects have confirmed a new copper-silver-zinc-cobalt discovery at the Tonic prospect through a maiden drilling program. The discovery includes high-grade intervals and remains open at depth and along strike.
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, identifying geological features similar to the nearby Fishtie/Kashime copper deposit, and a maiden drilling program at the Tonic prospect confirming high-grade copper discovery.
What were the results of the recent drilling program at the Zambian Copper Projects?
The maiden drilling program at the Tonic prospect in Zambia confirmed a high-grade copper discovery, with intervals including 1m @ 2.56% Cu, 62.3g/t Ag, and 0.76% Zn. The discovery remains open at depth and along strike.

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