Charger Metals Confirms Spodumene Discovery at Bynoe

THE DRILL SERGEANT: Charger Metals (ASX: CHR) reported assay results from recent reverse-circulation (RC) drilling at the Enterprise prospect within the company’s Bynoe lithium project in the Northern Territory.

Charger Metals said the drilling had confirmed lithium mineralisation in spodumene-bearing pegmatites with results including:

CBYRC023
7 metres at 0.96 per cent lithium oxide (Li2O) from 107m, including 5m at 1.13 per cent Li2O from 108m; and

CBYRC024
16m at 0.65 per cent Li2O from 185m, including 1m at 1.91 per cent Li2O from 198m.

Charger Metals explained the two holes were drilled to test below a weathered pegmatite outcrop located near the centre of a lithium soil anomaly that defines the Enterprise prospect, which is located approximately 900m along strike from Core Lithium’s (ASX: CXO) Blackbeard prospect.

“It is great to see the assay results confirm the spodumene discovery at the Enterprise prospect, approximately 900 metres along strike from Core Lithium’s Blackbeard prospect, with significant lithium mineralisation correlating with logged intersections of spodumene-bearing pegmatites in the RC drilling,” Charger Metals managing director Aidan Platel said in the company’s ASX announcement.

“We look forward to testing the extents of this mineralisation with both RC and diamond drilling, with the first diamond hole at Enterprise (CBYD001) intersecting another 19.25 metres thick zone of spodumene-bearing pegmatite.

“In addition to the diamond drilling, two RC drill rigs will arrive on-site this week to commence a planned 5,000 metres drill program to test both new and existing lithium targets at Bynoe, including the high-priority 7Up prospect.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE