Charging ahead
Charger was up 7.5c or 23% to 40c by late morning on debuting new Mt Gordon lithium targets for its Lake Johnston Lithium project in Western Australia near TG Metals.
These targets included a soil anomaly at more than 100ppm Li2O that extends for more than 3 kilometres at its tenement boundary with TG Metals, hosting the high-profile Burmeister lithium discovery in the adjoining ground.
“The soil geochemistry results from our 100% owned Mt Gordon tenement are very encouraging. The size and strength of the lithium soil anomalies are significant, especially in the context of the successful Burmeister lithium discovery on the adjacent tenement (TG Metals Ltd) which resulted from drilling of a lithium soil anomaly,” Charger Managing Director Aidan Platel said.
“Our technical team will now expedite plans and permitting for follow-up exploration at Mt Gordon, including AC and RC drilling. In parallel we continue to work towards further planned drill programs for the Lake Johnston project, including diamond drilling at the Medcalf Spodumene prospect and a maiden RC drill program at the Mt Day prospect.”
TG Metals’ share price has ascended close to a thousand per cent over the last six months with Charger ascending alongside by over 215 per cent across the last month, and planning and permitting are on the fast track to Mt Gordon alongside more programmes to include diamond drilling at the Medcalf Spodumene Prospect.
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Prospect location map
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