Charger Metals Intersects Further High-Grade Medcalf Lithium
THE DRILL SERGEANT: Charger Metals (ASX: CHR) reported results for diamond drilling completed this year at the Medcalf spodumene prospect within the company’s Lake Johnston lithium project in Western Australia.
Charger Metals said assay results from the program of up to 3.21 per cent lithium oxide (Li2O) had confirmed multiple intervals of high-grade lithium mineralisation in all drill-holes, corresponding to logged intersections of spodumene-bearing pegmatite.
Best intersections from the diamond drill programme included:
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6.5 metres at 2.22 per cent Li2O from 144.2m, 9.70m at 1.8 per cent Li2O from 214.1m, including 4m at 2.27 per cent Li2O from 216m, and 8.2m at 1.04 per cent Li2O from 268.8m;
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13.95m at 1.3 per cent Li2O from 329.05m, including 3.95m at 2.09 per cent Li2O from 330m, and 5.9m at 1.29 per cent Li2O from 352.25m; and
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4.3m at 1 per cent Li2O from 286.95m.
The company explained the recent diamond drilling followed a 41-hole RC drill program completed last year, which intersected high-grade lithium in a swarm of stacked spodumene-bearing pegmatite veins over a strike length of 700m.
The diamond drilling has confirmed depth extensions to this mineralisation along the strike length, which remains open along strike and at depth.
“Our maiden diamond drill program at our Lake Johnston lithium project was very successful,” Charger Metals managing director Aidan Platel said in the company’s ASX announcement.
“The holes all intersected significant widths of spodumene-bearing pegmatites which consistently returned high-grade lithium results.
“The drilling confirmed that the high grade spodumene mineralisation previously intersected at Medcalf does continue at depth, and the mineralisation remains open at depth and along strike.
“The diamond drilling has been an excellent start to our planned 2024 exploration programs.
“Our team is progressing the approvals process as our focus now turns to upcoming RC drill programs designed to test high-priority targets such as the extensions to Medcalf and the Mt Gordon prospect.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE