Charger Metals Hits New Spodumene Pegmatite Intersections at Bynoe
THE DRILL SERGEANT: Charger Metals (ASX: CHR) reported encounters with intersections of spodumene-bearing pegmatites from both diamond and reverse circulation (RC) drilling at the Enterprise prospect of the company’s Bynoe lithium project in the Northern Territory.
Charger Metals said the recent drilling had defined spodumene-bearing pegmatite at the Enterprise prospect over a strike length of around 200 metres, which it explained as being typical of the known mineralised pegmatites in the Finniss region, in which the project is located.
The drilling of hole CBYD003 hit spodumene-bearing pegmatites up to 24m wide both along strike and down-dip from previously reported intersections.
The company said logging of the drill core from CBYD003 had suggested the spodumene is increasing in both grain size and abundance with depth, however, Charger qualified this by indicating further drilling is required to test this, as well as to test for extensions to the mineralisation at depth.
“It has been pleasing to see the spodumene discovery at the Enterprise prospect grow with new drilling intersections extending the mineralisation along strike and down-dip,” Charger Metals managing director Aidan Platel said in the company’s ASX announcement.
“The strike is now approximately 200 metres long, which is typical of the strike of the known lithium deposits in the region.
“The observed increased grain size and abundance of spodumene in diamond hole CBYD003 is suggesting a potential increase in lithium grade at depth, and we look forward to continuing to test the depth extensions with further diamond drill-holes.
“Parallel to the drilling at Enterprise we are continuing to drill-test the many priority lithium targets within our tenure, beginning with the 7Up prospect, and we look forward to seeing the results of the drilling over the coming weeks.”
Charger previously defined the 7Up prospect as a strong lithium soil anomaly over 700m of strike which is coincident with outcropping weathered pegmatites.
The 7Up prospect lies on the same prospective structural corridor as Core Lithium’s Ah Hoy and Penfolds lithium deposits.
TO READ THE FULL ANNOUNCEMENT: CLICK HERE