Charger Metals Highlights Expanding Australian Lithium and Gold Portfolio

Charger Metals NL ( (AU:CHR) ) just unveiled an announcement.

Charger Metals NL is an Australian mineral exploration company focused on lithium and gold, with flagship projects at Lake Johnston and Medcalf in Western Australia and the Bynoe lithium project in the Northern Territory. Its activities centre on spodumene-based lithium resources and high-grade gold targets, aligning the company with the growing battery metals sector while maintaining exposure to precious metals.

The release, presented as an investor presentation for the RIU Sydney Resources Round-Up, compiles a series of exploration and corporate milestones that underscore sustained growth in Charger’s lithium and gold portfolio. Recent drilling has expanded spodumene mineralisation at Medcalf and Medcalf West, supported a maiden high-grade lithium resource, and highlighted significant additional lithium outside existing resources.

At Lake Johnston, Charger has progressed from discovery to lodgement of a mining lease application, while also confirming new spodumene pegmatites and retaining 100% ownership of the lithium and gold project. The company’s position has been strengthened by a farm-in agreement with Rio Tinto on the Lake Johnston lithium project and a successful A$1.35 million placement to fund continued exploration.

Further value uplift has come from a high-grade gold discovery at the Xmas prospect and encouraging gold results at Mt Gordon and the Richard prospect, diversifying the company’s commodity mix. The acquisition of full ownership of the Bynoe lithium project, alongside multiple drilling campaigns and new target generation, reinforces Charger’s strategic footprint in key Australian lithium provinces and signals continued operational momentum for stakeholders.

More about Charger Metals NL

Charger Metals NL is an Australia-listed mineral exploration company focused on lithium and gold projects, including the Lake Johnston and Medcalf deposits in Western Australia and the Bynoe lithium project. Its portfolio is centred on spodumene-bearing pegmatites and high-grade gold prospects, positioning the company within the battery metals and precious metals exploration space.

The company has built a track record of discoveries and resource growth across its key projects, including a maiden high-grade lithium resource at Medcalf and subsequent extensions of spodumene mineralisation at Medcalf West. Charger has also secured 100% ownership of the Lake Johnston lithium and gold project and the Bynoe lithium project, while advancing towards development with a mining lease application at Lake Johnston and a farm-in agreement with Rio Tinto on the Lake Johnston lithium project.

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Technical Sentiment Signal: Buy

Current Market Cap: A$8.18M

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