Recharge Metals - REC (ASX) News & Expert Insights from Stockhead

Recharge Metals (ASX:REC) has recently acquired 100% of the Carter Uranium Project, located in the Powder River Basin, USA, one of the world’s premier uranium districts. Carter contains the majority of two significant high-grade historical resources, including The Acadia Deposit (3.7 Mlbs @ 1,250ppm eU₃O₈) and the Mindy Deposit (1.4 Mlbs @ 1,560ppm eU₃O₈). The projects give investors exposure to the uranium theme, as well as the growing tailwinds of US fiscal support for development of domestic uranium industry.

In addition, Recharge is advancing the Newnham Lake Uranium Project, located in Canada’s Athabasca Basin, Saskatchewan host to the world’s highest grade uranium deposits. Geophysical data and historic intersections indicate strong prospectivity at Newnham Lake, and we believe this highly sought-after project presents an outstanding opportunity to make a new discovery.

In line with our green energy focus, Recharge also continues to advance the Express Lithium Project in the James Bay Lithium Region, Québec, another world-class mineral province. Express boast numerous untested outcropping pegmatites, and are adjacent to known lithium mineralisation.

Additionally, Recharge is progressing its Brandy Hill South copper project located in Western Australia and is evaluating options following a recent geological review that supported evidence of porphyry copper system.

KEY PEOPLE

Felicity Repacholi is a professional geologist and brings a wealth of experience in mineral exploration and resource development to the Company, having worked with several public and private companies across a 20-year career.

Felicity is experienced in conducting due diligence and project evaluation for venture capital business development and has experience in a range of mineral commodities. Felicity has been part of the exploration team responsible for the discovery and delineation of several economic deposits.

Felicity brings significant management experience; she was a founding non-executive director of Whitestar Resources Ltd (ASX:WSR) and is currently Non-Executive Director of Win Metals (ASX:WIN) and Non-Executive Chair of Mamba Exploration (ASX: M24).

Simon Andrew has over 20 years’ experience in financial markets in Asia and Australia.

Previously he has held senior management positions at various global investment banks. These roles included leading the equity sales desk for BNP Paribas and heading the Refining and Petrochemicals sector research team at Deutsche Bank in Asia as well as spending 5 years as a research analyst at Hartley’s covering the oil and gas and industrial sectors.

Simon has over 15 years of ASX Board experience. Recent ASX Directorships include Mamba Exploration Ltd, Riversgold Limited, and Emmerson Resources Limited.

Ben brings over 20 years of experience in the international mining industry with a specific focus on US exploration, having held senior management roles in the exploration and development of a variety of resource projects through the USA, Canada and Australia.

As Country Manager and Director of US-focused uranium explorer Black Range Minerals, Ben resided in the US for 6 years. Ben was responsible for building a portfolio of over 90Mlbs of U3O8 through successful exploration and acquisition in Colorado and Wyoming. More recently Ben served as a director of Global Uranium and Enrichment (ASX:GUE) and was instrumental in assembling their high-quality portfolio of uranium assets in the USA and Canada.

Ben is currently the Managing Director of Koba Resources (ASX:KOB) who are actively exploring for uranium in South Australia.