Charger Metals Targeting Large Lithium System at Bynoe
THE DRILL SERGEANT: Charger Metals (ASX: CHR) reported on recent activities at the company’s Bynoe lithium project in the Northern Territory (70% Charger: 30% Lithium Australia).
Charger Metals has completed geochemistry and aeromagnetic programs at Bynoe that have combined with drilling information provided to the market by Core Lithium (ASX: CXO).
Charger has interpreted the results to suggests multiple swarms of lithium-caesium-tantalum (LCT) pegmatites extend from Core lithium’s adjacent Finniss lithium project into the Bynoe lithium project.
The geochemistry results highlight two large LCT pegmatite target zones, with strike lengths of eight kilometres at Megabucks and 3.5km at 7-Up.
Within each pegmatite zone, drill-ready lithium targets have been identified including at the Megabucks, Jenna’s, Enterprise 1, Enterprise 2, Riverside and 7-Up pegmatites.
“Charger’s 2021 geochemistry program has very successfully outlined two large pegmatite emplacement zones which extend for up to eight kilometres, centred on the Megabucks and the 7-Up prospects respectively,” Charger Metals managing director David Crook said in the company’s ASX announcement.
“The interpretation of all geochemistry results suggest a large lithium-mineralised system and provides Charger with an exploration roadmap, enabling prioritization of the most significant drill-ready targets while identifying areas that need further infill soil sampling and mapping.
“The company is advancing planning and permitting towards its maiden drilling program at Bynoe, aimed to commence at the cessation of the Northern Territory wet season.”
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Email: info@chargermetals.com.au