Charger (ASX:CHR) brings out more hits at Lake Johnston

Charger (ASX:CHR) brings out more hits at Lake Johnston

April 18, 2023 0 By Rueben Hale

Charger Metals have confirmed more high-grade lithium intersections in wrapping up maiden drilling at its Medcalf Spodumene Discovery, part of the Company’s exciting Lake Johnston Project 450 kilometres east of Perth in Western Australia.

The drilling at Lake Johnson,  surrounded by Yilgarn lithium projects, has uncovered a ‘swarm of stacked spodumene-bearing pegmatites’ up to 13 metres thick – returning consistently high-quality grades in areas to set out for possible extended mineralisation.

Highlights

  • 4m @ 1.21% Li2O from 208m
  • 3m @ 1.33% Li2O from 110m
  • 3m @ 1.35% Li2O from 136m
  • 3m @ 1.44% Li2O from 168m
  • 3m @ 1.24% Li2O from 101m

Charger Managing Director Aidan Platel said the maiden programme had been a great success, returning notable amounts of high-grade lithium within logged spodumene-bearing pegmatites on nearly every drill section.

“The potential for further high-grade lithium mineralisation at Medcalf remains open, and our team is now busy modelling the drilling results in order to define extensional targets for the next phase of drilling,” Mr Platel said.

“We will commence an Aboriginal Heritage survey later this week over the area immediately surrounding the Medcalf Prospect in order to be ready for the next phase of drilling,” he added.

“In parallel to this our technical team is busy defining exploration programmes for several other prospective target areas of the Lake Johnston Project, including the exciting Mt Day Prospect, and we’re looking forward to drill-testing these high priority prospects.”

A map of the Medcalf Prospect at the Lake Johnston Project showing drill collars and selected recent results relative to the mapped spodumene-bearing pegmatite swarm.

Drill collars and selected recent results relative to the mapped spodumene-bearing pegmatite swarm

CHR.AX
CHARGER FPO [CHR]
ASX
up arrow$0.043
$0.002
4.88%

CHARGER FPO [CHR]
Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Employees:
Charger Metals NL engages in the exploration for battery metals. The company explores for nickel, copper, lithium, and platinum group elements. Its project portfolio includes a 100% interest in the Lake Johnston project located in Perth, Western Australia; 85% interest in the Coates project situated in Wundowie, Western Australia; and 70% interest in the Bynoe lithium project in the northern Territory. The company was incorporated in 2020 and is based in Subiaco, Australia. As of October 29, 2024 Charger Metals NL (ASX : CHR) operates as subsidiary of Core Lithium Ltd.

Please note the following valuable information before using this website. 

Independent Research 

Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified. 

MarketOpen is an online digital media and in person events business connecting companies and investors. Through its flagship MarketOpen.com.au and social media, MarketOpen cover breaking news on mining, oil and gas, technology and biotechnology companies listed on the Australian Securities Exchange (ASX).

Contact info

Suite 3, 47 Havelock Street
West Perth WA 6005
info@marketopen.com.au

Stewart Walters
Managing Director
stewart@marketopen.com.au
+61 414 644 166

Holly Walters
Accounts and Events Manager
holly@marketopen.com.au
+61 409 281 580

Subscribe

* indicates required