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The latest announcement is out from Charger Metals NL ( (AU:CHR) ).
Charger Metals NL has confirmed a 2025 exploration program for the Lake Johnston Lithium Project, with a budget of $1.1 million funded by Rio Tinto Exploration Pty Limited (RTX). The program includes approximately 5,000 meters of drilling to test priority lithium targets at Mt Day, Mt Gordon, and Pagrus prospects. This agreement allows Charger to continue exploration during a downturn in lithium prices, highlighting the potential of its lithium targets and strengthening its partnership with RTX.
More about Charger Metals NL
Charger Metals NL is an exploration company focused on lithium projects, operating primarily in the Yilgarn Craton of Western Australia. The company is engaged in the exploration and development of lithium resources, with a strategic partnership with Rio Tinto Exploration Pty Limited (RTX) to advance its Lake Johnston Lithium Project.
YTD Price Performance: -42.86%
Average Trading Volume: 116,262
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$4.65M
Find detailed analytics on CHR stock on TipRanks’ Stock Analysis page.
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