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Charger Metals NL ( (AU:CHR) ) just unveiled an update.
Charger Metals has reported a high-grade maiden gold discovery, named the Xmas Gold Discovery, on its 100%-owned Mt Gordon tenement within the Lake Johnston Lithium and Gold Project in Western Australia, highlighted by an intercept of 12 metres at 6.55 grams per tonne gold from 132 metres, including 4 metres at 16.9 grams per tonne. The discovery, located within a 1.8km by 1.7km soil anomaly containing five gravity and magnetic targets and little historical drilling, materially upgrades the gold prospectivity of the broader Mt Gordon area and adds a new growth front alongside Charger’s existing lithium resource ambitions at Lake Johnston, with further assay results pending from 1,980 metres of RC drilling and an expanded RC and diamond drill campaign scheduled to start in January 2026.
More about Charger Metals NL
Charger Metals NL is an Australian exploration company focused on lithium and gold, with its flagship 100%-owned Lake Johnston Lithium and Gold Project in the Yilgarn region of Western Australia. The company is targeting spodumene-bearing lithium deposits and mafic-hosted gold mineralisation, supported by nearby processing infrastructure and a farm-in funding partnership with Rio Tinto Exploration for certain exploration activities.
Average Trading Volume: 248,784
Technical Sentiment Signal: Buy
Current Market Cap: A$9.06M
Find detailed analytics on CHR stock on TipRanks’ Stock Analysis page.