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Charger Metals NL ( (AU:CHR) ) has shared an update.
Charger Metals NL announced the successful identification of further high-grade lithium mineralization at its Medcalf West Prospect in the Lake Johnston Lithium Project. The assay results from recent drilling confirm significant lithium deposits, with the best results showing 11 meters at 1.80% Li2O. This discovery strengthens Charger Metals’ position in the lithium market and is supported by a farm-in agreement with Rio Tinto Exploration Pty Limited, potentially enhancing the project’s development and attractiveness to stakeholders.
More about Charger Metals NL
Charger Metals NL is an Australian company operating in the mining industry with a focus on lithium exploration and development. The company is actively involved in projects that target high-grade lithium deposits, particularly through its Lake Johnston Lithium Project in Western Australia.
YTD Price Performance: -14.29%
Average Trading Volume: 71,823
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6.97M
For detailed information about CHR stock, go to TipRanks’ Stock Analysis page.
