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Charger Build a Battery Metal Board

27 March 2023 10:34
ASX: CHR

Charger Metals make a strategic reshuffle to its board as it doubles down on battery metals, bringing over 25-year mining and exploration veteran Aidan Patel on as managing director and chief executive.

The reshuffle comes as the Company ramps up its exploration at its Bynoe and Lake Johnston Lithium Projects in Australia, with the Company recently completing a 7,199-metre drilling campaign at Lake Johnston which targeted a cluster of outcropping spodumene pegmatite dyke which returned assays up to 7.15 per cent lithium oxide.

Platel will bring a wide range of experience to the board, having held senior roles with a number of mining and exploration companies in his over quarter-century-long career, including being the managing director of critical metals-focused explorer Auroch Minerals (now Future Battery Minerals).

Platel also brings his proven exploration success rate to his new positions, having discovered and developed a number of major deposits, including the over one million tonnes contained nickel Santa Rita deposit which has an estimated lifespan of 25 years.

Alongside Platel joining the Company, former Director Adrian Griffin has been appointed as the Company’s non-executive chairman, allowing the Company to retain access to Mr Griffen’s wealth of knowledge and extensive networks in both the lithium and battery metal sectors.

The Company said that previous Managing Director David Crook and former Chairman Terry Gardener will both also remain with Charger, aiding in the transition and bringing their own experience as it ramps up battery metal exploration.

“I would like to welcome Aidan to Charger Metals, a company with very prospective projects and a management team capable of realising the full potential of those assets. Aidan will be a great benefit to our endeavours of defining Australia’s next lithium resource in a climate of unprecedented lithium demand. Success will contribute towards developing a zero carbon economy and be a material benefit to our shareholders,” new Chairman Adrian Griffan said.

“Charger Metals is extremely well positioned with two highly prospective Australian lithium projects in the Lake Johnson and Bynoe Lithium Projects, and I look forward to working closely with the very experienced Charger team to create significant shareholder value via exploration success!” new Managing Director Aidan Platel said.

CHR’s Australian Stock Exchange-listed share price has risen 12.5 per cent today, currently selling at 27c (9.48 am UTC+ 8 hours).

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