Chariot Corporation's Black Mountain Project Expansion Announcement

Chariot Corporation Limited (ASX: $CC9) has announced the significant expansion of the Black Mountain project by staking and filing 218 unpatented lode mining claims, resulting in a 206% increase in the project's tenure area. The company has also increased its ownership interests in its Wyoming Lithium Portfolio to 93.9%.

Executive Commentary on Black Mountain Project Expansion

The BMX Claims were staked as a buffer and to cover possible extensions to the pegmatite dike swarms under shallow cover at Black Mountain. Additionally, Chariot's increased ownership of Wyoming Lithium Pty Ltd from 91.9% to 93.9% demonstrates our commitment to expanding our presence in Wyoming, a state poised to become a significant supplier of critical minerals for the U.S.A.

Summary of Chariot Corporation's Announcement

Chariot Corporation Limited has significantly expanded the footprint of the Black Mountain project, demonstrating its commitment to developing high-grade and near-surface lithium opportunities in the United States. The company's increased ownership of the Wyoming Lithium Portfolio further solidifies its position in Wyoming, a tier 1 mining jurisdiction with strong government policy support for ongoing mining exploration and development. With the expansion of its land position and ownership interests, Chariot is well-positioned to capitalize on the potential of the Wyoming Lithium Portfolio and advance its corporate strategy in the lithium sector.