Charger Metals NL (ASX: CHR) provided an update on the Bynoe Lithium Project, located near Core Lithium Ltd.’s Finniss Lithium Mine in the Northern Territory, with assay results from 3 diamond drill holes and 60 reverse circulation (RC) drill holes across seven target areas. The outcomes confirm the presence of lithium and tantalum mineralization at three prospects: Enterprise, Utopia, and 7Up. However, the lithium-caesium-tantalum (LCT) pegmatite composition is uneven, with some pegmatite intersections displaying inconsistent and low-grade spodumene content.
Apart from drilling, Charger Metals has conducted ambient noise tomography (ANT) and ground gravity surveys across an extensive northeastern region within the Bynoe Project. Data from these geophysical surveys are being processed to identify concealed or "blind" pegmatite systems not visible on the surface. They've also completed surface geochemical sampling and mapping in the northeast.
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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.