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An announcement from Chariot Corporation Limited ( (AU:CC9) ) is now available.
Chariot Resources Ltd has announced high-grade assay results from its Fonlo and Iganna lithium projects in southwest Nigeria, confirming significant lithium mineralization with grades ranging from 2.66% to 5.96% Li₂O. The results indicate the presence of lithium-caesium-tantalum (LCT) pegmatite systems at both sites, with potential for by-product revenues from tantalum and cesium. The company plans an extensive exploration and development program, including drilling, to further assess these resources.
More about Chariot Corporation Limited
Chariot Resources Ltd is a company involved in the exploration and development of lithium projects. The company focuses on high-grade lithium-bearing pegmatites, particularly in its Nigerian lithium portfolio, which includes projects in Oyo and Kwara States. These projects have been historically mined for lithium, primarily for sales to Chinese customers.
Average Trading Volume: 568,657
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$46.96M
For a thorough assessment of CC9 stock, go to TipRanks’ Stock Analysis page.