Charger Metals Confirms Massive Sulphide Targets at Coates Project

THE DRILL SERGEANT: Charger Metals (ASX: CHR) outlined the upcoming drilling schedule for the company’s 70-85 per cent held Coates nickel-copper-cobalt-gold-PGE project outside Perth in Western Australia.

Charger Metals had a Fixed-loop time domain electromagnetic survey (FLTEM) completed over the northern part of the T1 Target within the Coates project that had originally been detected via a SKYTEM survey undertaken in 2021.

Two conductors, C01 and C02 identified in the FLTEM survey are considered by the company as priority targets for massive sulphide mineralisation that could be related to nickel, copper, or possibly VMS-related mineralisation, associated with the Coates Mafic Intrusive Complex.

The SKYTEM survey included an area with previously defined nickel-copper and platinum group element geochemical anomalies.

Within Charger’s tenements, a total of 98 anomalies were picked and ranked from data profiles, from which 20 priority targets were delineated.

Five diamond drill holes have been designed to test the upper levels of the C01 and C02 conductors.

“We are excited about the approaching drilling campaign at the Coates project which will test a compelling nickel-copper-PGE target,” Charger Metals managing director David Crook said in the company’s ASX announcement.

“When we combine the interpretation provided by our geophysical consultant, Southern Geoscience Consultants, of the recently completed Fixed-loop EM survey with our existing geochemical data, we have produced a drill target in the emerging PGE and nickel province that demands attention at a time of record nickel and palladium prices.”

 

 

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