Charger Metals NL (ASX: $CHR) has announced the successful completion of its 2024 diamond drill programme at the Medcalf Spodumene Prospect, part of the Lake Johnston Lithium Project in Western Australia. The assay results have confirmed multiple intervals of high-grade lithium mineralisation in all drill-holes, with the best intersection from drill-hole CLMDD001 demonstrating a total of 35m of high-grade lithium mineralisation.
Our maiden diamond drill programme at our Lake Johnston Lithium Project was very successful. 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 programmes. Our team is progressing the approvals process as our focus now turns to upcoming RC drill programmes designed to test high-priority targets such as the extensions to Medcalf and the Mt Gordon Prospect.
Charger Metals' 2024 diamond drill programme at the Medcalf Spodumene Prospect has successfully intersected high-grade lithium mineralisation, confirming the continuation of mineralisation at depth and along strike. The company's focus now turns to upcoming RC drill programmes to test high-priority targets such as the extensions to Medcalf and the Mt Gordon Prospect. With $3 million budgeted for exploration programmes in 2024 at the Lake Johnston Lithium Project, Charger Metals aims to continue systematic exploration across the project tenure, including RC and diamond drill programmes of the priority target areas. The company's exploration expenditure is committed to the project by Rio Tinto Exploration Pty Ltd under the Farm-in Agreement, indicating a positive outlook for the project's development and potential future growth.