Charger Metals has found more lithium targets at Lake Johnston – time to prep the drills
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Special Report: Charger Metals has added more targets to its inventory after soil sampling revealed large lithium anomalies across the Mt Gordon tenement within its Lake Johnston project in WA.
While the last couple of months has seen the company focused on its Bynoe project in the NT – for good reasons – Lake Johnston is every bit as prospective for lithium mineralisation.
Previous drilling at the project, which sits within a 50km long corridor along the southern and western margin of the historically overlooked Lake Johnston granite batholith, has already highlighted the potential of the Medcalf prospect.
This returned notable intersections such as 4m at 2.06% Li2O from 145m and 6m at 1.56% Li2O from 19m, allowing Charger Metals (ASX:CHR) to delineate a swarm of stacked spodumene-bearing pegmatites up to 13m thick within a 100m wide corridor along 700m strike and 250m down dip.
Other target areas include the Mt Gordon prospect and much of the Mount Day lithium-caesium-tantalum pegmatite field that is prospective for lithium and tantalum minerals.
Soil sampling completed earlier this year has now demonstrated that large expenses of the Mt Gordon tenement are anomalous for lithium in soils.
Notably several of these areas contain lithium in soils over 46 parts per million lithium including one anomaly that extends for more than 3km along its western boundary, adjacent to TG Metal’s (ASX:TG6) recent Burmeister lithium discovery.
The results also indicate that aircore or shallow reverse circulation drilling will be required to assess the underlying basement geology for potential lithium-bearing pegmatites due to the presence of transported cover in the form of a historical alluvial channel.
“The soil geochemistry results from our 100% owned Mt Gordon tenement are very encouraging,” managing director Aidan Platel said.
“The size and strength of the lithium soil anomalies are significant, especially in the context of the successful Burmeister lithium discovery on the adjacent tenement (TG Metals) which resulted from drilling of a lithium soil anomaly.”
CHR has started planning and permitting work for follow-up aircore and RC drilling at Mt Gordon.
Preparation is also continuing for planned diamond drilling at the Medcalf spodumene prospect and maiden RC drilling at the Mount Day prospect.
This article was developed in collaboration with Charger Metals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.