Charger Metals NL: Strengthening Lithium Resource Potential at Medcalf Project
Charger Metals NL (ASX: CHR) has reported encouraging drilling outcomes from its Medcalf Spodumene Project within the Lake Johnston Lithium and Gold Project in Western Australia, highlighting continued expansion of lithium mineralisation at depth and along strike. The company completed 3,418 metres of combined diamond and reverse circulation drilling during the March quarter, confirming wide spodumene-bearing pegmatite zones, including intersections of 26 metres at 1.1% Li₂O and 22 metres at 1.0% Li₂O.
These results extend mineralisation from surface to approximately 600–700 metres down dip, while additional drilling at Medcalf West has identified further high-grade zones beyond the current resource boundary. The deposit remains open toward the south-east, suggesting significant potential for further exploration and resource expansion. With a current maiden resource of 8.2 million tonnes at 1.0% Li₂O under review, upcoming assay results are expected to support a resource upgrade. The project’s favourable location, near infrastructure and processing facilities, further strengthens its development potential in Australia’s lithium sector.
Customer Notice:
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.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Charger Metals NL: Strengthening Lithium Resource Potential at Medcalf Project
Charger Metals NL (ASX: CHR) has reported encouraging drilling outcomes from its Medcalf Spodumene Project within the Lake Johnston Lithium and Gold Project in Western Australia, highlighting continued expansion of lithium mineralisation at depth and along strike. The company completed 3,418 metres of combined diamond and reverse circulation drilling during the March quarter, confirming wide spodumene-bearing pegmatite zones, including intersections of 26 metres at 1.1% Li₂O and 22 metres at 1.0% Li₂O.
These results extend mineralisation from surface to approximately 600–700 metres down dip, while additional drilling at Medcalf West has identified further high-grade zones beyond the current resource boundary. The deposit remains open toward the south-east, suggesting significant potential for further exploration and resource expansion. With a current maiden resource of 8.2 million tonnes at 1.0% Li₂O under review, upcoming assay results are expected to support a resource upgrade. The project’s favourable location, near infrastructure and processing facilities, further strengthens its development potential in Australia’s lithium sector.
Customer Notice:
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.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au