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The latest update is out from Charger Metals NL ( (AU:CHR) ).
Charger Metals NL has announced the completion of a reverse circulation drill program at the Lake Johnston Lithium Project, funded by Rio Tinto Exploration Pty Limited. Despite intersecting pegmatites at various prospects, no economically viable lithium mineralization was found. The company plans further drilling, pending permits, and continues to explore new opportunities in the gold and battery metals sector. This exploration effort, under a farm-in agreement with Rio Tinto, allows Charger to advance its projects despite a downturn in lithium prices, potentially strengthening its market position.
More about Charger Metals NL
Charger Metals NL is a company operating in the battery minerals and gold exploration industry. Its primary focus is on exploring and developing lithium and gold projects, with a significant emphasis on the Lake Johnston Lithium Project in Western Australia.
Average Trading Volume: 141,816
Technical Sentiment Signal: Hold
Current Market Cap: A$6.97M
See more data about CHR stock on TipRanks’ Stock Analysis page.