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Charger Metals NL ( (AU:CHR) ) has provided an update.
Charger Metals NL has initiated a 3,000-meter Reverse Circulation drilling program at the Lake Johnston Project, targeting lithium, gold, and niobium prospects at the Mt Gordon Prospect. The drilling, funded by Rio Tinto Exploration, focuses on a significant niobium anomaly identified through soil sampling and enhanced geophysical data processing. This initiative marks a strategic step in exploring potential dense intrusive bodies, such as carbonatites, which could enhance the company’s resource base and industry positioning.
More about Charger Metals NL
Charger Metals NL is a company operating in the mining industry, focusing on the exploration and development of lithium and niobium resources. The company is actively engaged in projects located in Western Australia, with a particular emphasis on the Lake Johnston Lithium Project.
Average Trading Volume: 169,973
Technical Sentiment Signal: Buy
Current Market Cap: A$8.94M
See more insights into CHR stock on TipRanks’ Stock Analysis page.