Charger Metals NL (ASX: $CHR) has received Program of Works (PoW) approvals for planned reverse circulation (RC) drill programmes at its Lake Johnston Lithium Project in Western Australia. The approvals, received from the Western Australian Department of Energy, Mines, Industry Regulation and Safety, pertain to a proposed 5,000m of RC drilling across the greater Medcalf Prospect and the Mt Gordon Prospect, scheduled to commence this month. The work is being funded by Rio Tinto Exploration Pty Limited pursuant to a farm-in agreement with Charger.
Charger's Managing Director, Aidan Platel, expressed his satisfaction, stating, 'We are extremely pleased to have received the final permits for our planned drill programmes at Lake Johnston. The team are now busy with final preparations so that we can commence drilling. The drill targets in and around the Medcalf Prospect and the Mt Gordon Prospect have excellent lithium potential, and we look forward to kicking off the drilling and seeing what results it will bring.'
Charger Metals has received approvals for planned RC drill programmes at its Lake Johnston Lithium Project, funded by Rio Tinto Exploration Pty Limited. The programmes will focus on testing priority lithium targets, including the strike extensions of the known high-grade spodumene mineralisation at the Medcalf Prospect and the large surface lithium anomalies at the Mt Gordon Prospect. Additionally, further investigation has commenced with respect to the large niobium anomaly in the south of the Mt Gordon tenement. The company's budget for exploration programmes in 2024 at the Lake Johnston Lithium Project, including RC and diamond drilling programmes of priority targets, is $3 million, funded by Rio Tinto under its farm-in agreement. Charger Metals is optimistic about the lithium potential at Lake Johnston and is looking forward to the upcoming drilling activities to uncover the results.