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Charger accelerates towards Lake Johnston lithium

18 October 2022 13:15
ASX: CHR
CHR Lake Johnston Online

As its December kick-off date comes ever closer, Charger Metals continue to prepare the Lake Johnston Lithium project for an extensive drilling campaign.

With its spring flora survey completed and program of work submitted, the explorer only has a few more boxes to check before it can put the drill into the West Australian project.

The campaign will focus on the Medcalf spodumene prospect, hitting a cluster of 20 outcropping spodumene pegmatite dykes at least 800 metres long with a 300-metre-wide corridor and assays up to 7.15 per cent lithium oxide.

While Medcalf is the focus, Charger continues to generate targets at the neighbouring Mount Day prospect, with similar outcropping pegmatites over a 10 square kilometre area and grades up to 3.84 per cent Li2O and 879 parts per million tantalum.

The explorer is currently planning detailed mapping and geochemical analysis at Mount Day to better define targets for follow-up drilling.

Combined, Mount Day and Medcalf give Charger approximately 32km of strike to explore and the company are confident Medcalf is the right place to get cracking.

“The Medcalf Lithium Prospect provides an excellent, drill-ready opportunity, targeting outcropping spodumene pegmatites,” managing director David Crook said.

As for now, the explorer is getting ready to undertake a heritage protection survey set to begin in the last week of October.

CHR’s Australian Stock Exchange-listed price has risen 3.19 per cent today, selling at 48c (12:47 pm UTC+ 8 hours).

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