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Charger Metals NL ( (AU:CHR) ) just unveiled an update.
Charger Metals NL has announced the commencement of a reverse circulation drilling program at its Lake Johnston Lithium and Gold Project, targeting five priority lithium and gold targets. This initiative is funded by Rio Tinto Exploration as part of a farm-in agreement. Additionally, Charger is initiating a separate drilling program at the Richard Gold Prospect, aiming to explore gold potential that has been underexplored since 2012. The presence of significant gold intercepts and anomalous gold zones suggests a promising opportunity for discovering a broader gold system, which could enhance the company’s positioning in the mining sector.
More about Charger Metals NL
Charger Metals NL is a company operating in the mining industry, focusing on lithium and gold exploration. Their primary market focus is on the Lake Johnston Lithium and Gold Project in Western Australia, where they are engaged in drilling activities to explore potential mineral resources.
Average Trading Volume: 172,961
Technical Sentiment Signal: Buy
Current Market Cap: A$8.13M
Find detailed analytics on CHR stock on TipRanks’ Stock Analysis page.