Spodumene pegmatite outcrop at the Medcalf prospect within the Lake Johnston project, Western Australia. Source: Charger Metals
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  • Charger Metals (CHR) defines new drill targets at its Lake Johnston lithium project in Western Australia amid drilling permit delays across its projects
  • The company is looking to undertake a 40-hole reverse circulation program to test pegmatites identified following soil geochemistry work
  • While it says it is ready to begin drilling immediately, the WA Department of Mining, Industry, Regulation and Safety has flagged delays in processing its program of work
  • In the Northern Territory, CHR is also awaiting approval of its Mine Management Plan before it can begin drilling at its Bynoe lithium project
  • Shares in Charger Metals were up 2.17 per cent to $0.47 at the close of trading on Thursday

Charger Metals (CHR) defines new drill targets at its Lake Johnston lithium project in Western Australia amid drilling permit delays across its other projects.

Lake Johnston is located 450 kilometres east of Perth and is 70 per cent owned by Charger, with Lithium Australia (LIT) owning the remaining interest.

Soil geochemistry work carried out across the project has returned three lithium, caesium and tantalum pegmatite target zones along a 50-kilometre-long corridor.

At the Medcalf prospect within Lake Johnston, Charger identified mineralised outcrops which reportedly extend over 500 metres of strike, where rock chip samples returned between 1.5 and 5.1 per cent lithium oxide.

The company is looking to undertake a 40-hole reverse circulation program to test the pegmatites and has begun the approval process required before drilling can begin.

At the same time, Charger said the Department of Mining, Industry, Regulation and Safety has flagged delays in processing its program of work approvals for ground disturbing activities in Western Australia.

This has impacted the start of drilling at the company’s Coates project where the company has completed drill targeting. CHR said drilling can start immediately once approvals are received.

In the Northern Territory, the company is also awaiting approval of its Mine Management Plan from the Department of Industry, Tourism and Trade before it can begin drilling at its Bynoe lithium project.

Bynoe is surrounded by Core Lithium’s (CXO) Finnis lithium project, and geochemistry work and other research by Charger suggests multiple swarms of LCT pegmatites extend from Finnis into Bynoe.

Geochemistry results also highlighted two large LCT pegmatite zones, and CHR has identified drill targets in each of these zones.

Final soil analyses are pending and in the mean time field work will continue at the Mt Day prospect within the Lake Johnston project.

Shares in Charger Metals were up 2.17 per cent to $0.47 at the close of trading on Thursday.

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