Charger Metals Confirms New Spodumene Pegmatites
THE DRILL SERGEANT: Charger Metals (ASX: CHR) reported on lithium assay results from rock chip samples taken at the company’s Lake Johnston lithium project in Western Australia.
Charger Metals said the samples were taken from a newly discovered pegmatite outcrop at the project and have confirmed the presence of lithium mineralisation.
Three samples collected from across the outcrop all returned encouraging lithium results of 4.2 per cent, 3.7 per cent, and 3.5 per cent lithium oxide (Li2O).
The company explained the outcrop was initially discovered during field mapping by its geologists and extends for 85 metres.
The spodumene-bearing pegmatite outcrop strikes northeast towards the project’s 1.2 kilometres trending Medcalf spodumene prospect, along which two other pegmatite outcrops have previously been mapped.
“The discovery of this high-grade spodumene-bearing pegmatite outcrop is exciting and highlights the prospectivity of our Lake Johnston lithium project,” Charger Metals managing director Aidan Platel said in the company’s ASX announcement.
“The fact we have three pegmatite outcrops with visual spodumene and confirmed high-grade lithium assays along a 1.2 kilometres trend suggests the potential for large-scale lithium mineralisation, in close proximity to our Medcalf spodumene prospect where earlier this year we drilled a swarm of high-grade spodumene bearing pegmatite veins over a strike of 700 metres.
“This new trend of pegmatites is obviously a high priority target and will be incorporated into the upcoming drill programs at Medcalf.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE