Charger (ASX:CHR) moves onto a most critical path at Bynoe

Charger Metals is making quick strides with its eagerly awaited drilling at the relatively unexplored Bynoe lithium project, neighbouring Core Lithium’s Finniss Lithium Project on the outskirts of Darwin in Australia’s Northern Territory.

The team, which has completed about 12,000m of drilling across seven prospective target areas since May, will break ground on the most promising areas identified by groundwork while eagerly waiting for assay results on work to date.

Location map of the Bynoe Lithium Project showing the areas to be covered by the current ANT, ground gravity

Charger Managing Director Aidan Platal says smooth progress has allowed time for additional targeting in high-priority areas.

“The Company has completed a significant amount of drilling to date at Bynoe across several key prospect areas, and we look forward to receiving the assay results for each of the target areas that have been drill-tested so far,” Mr Platel said.

ABOUT THE SURVEYS

The findings from two geophysical surveys identify any significant “blind” pegmatite systems that may not be visible on the surface. Additionally, surface geochemical sampling and mapping in promising regions to the east and northeast of our property.

Bynoe Lithium Project showing the areas to be covered by the current ANT,
ground gravity and surface geochemistry surveys.

Models and results will be available in batches starting mid-September and are expected to be fully released by October.

CHR.AX

CHARGER FPO [CHR]

ASX

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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.

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