Chariot Corporation Limited (AU:CC9) has released an update.
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Chariot Corporation Limited has announced promising results from its Phase 1 Drill Program at the Black Mountain Project, revealing high-grade spodumene mineralization and the potential for a large lithium-rich pegmatite system. The drilling uncovered significant intervals of lithium mineralization at shallow depths, leading to plans for an expanded Phase 2 Drill Program. The company’s reevaluation of previous geophysical data further supports the presence of an extensive pegmatite stock, encouraging further exploration.
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