Charger (ASX:CHR) set to burrow at Bynoe Lithium

Charger Metals are drill ready to test top priority targets in one of the most prospective areas, with highly anticipated maiden RC drilling set to commence at its Bynoe Lithium Project next to Core Lithium in the Northern Territory.

A drilling contractor has been locked in for a 2000-metres of first-pass drilling on three long lithium anomalies, consisting of thick and visible pegmatites along a strike from a Core Lithium Blackbeard prospect which has returned eye-opening lithium strikes.

Charger Managing Director Aidan Platel said all the factors pointed towards a high potential for the prospects to host significant lithium mineralisation.

“We are excited to lock in a drilling contractor for our maiden drill programme at Bynoe”, Mr Platel said.

“We have all our required permits in place, and contracting a local drilling company in Geodrilling
completed the final critical item.

“As the region’s “wet season” draws to a close, we look forward to building momentum as we commence our maiden drill programme in the coming weeks.”

Prospects that will be the focus of the maiden drill programme and Core Lithium drill holes at the Blackbeard Prospect

The Bynoe tenement is surrounded by territory that comprises Core’s Finnis Lithium Project and its 14.7 Mt at 1.32% lithium oxide resource.

Charger’s drilling will fire as the majors start prowling around undervalued lithium assets.

CHR.AX

CHARGER FPO [CHR]

ASX

$0.05

$0.001

1.96%

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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