Charger Metals NL (ASX: CHR) announced the successful acquisition of the remaining 30% of the Bynoe Lithium Project in the Northern Territory from Livium Ltd for a cash consideration of AU$500,000. By attaining 100% ownership of the Bynoe Lithium Project, Charger is strategically positioned to maximize potential exploration success for the Company and its shareholders. It firmly believes this region represents the largest underexplored area within the Finniss pegmatite field.
It is situated inside a prospective lithium structural corridor and just 20 km from the strategically important spodumene beneficiation plant at Grant's. The high-grade mineralization trends northeast towards its Bynoe Project and is projected to extend within 50 meters of its tenement boundary, signaling a promising future for its exploration efforts.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.