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Recharge Metals (ASX: $REC) commences exploration at Wapistan lithium project

Recharge Metals (ASX: $REC) begins 2024 exploration at Wapistan Lithium Project


Recharge Metals Limited (ASX: $REC) has initiated the 2024 exploration season at its 100%-owned Wapistan Lithium Project in the Eeyou Istchee James Bay Region of Québec, Canada. The fieldwork, managed by Dahrouge Geological Consulting, has commenced across 8km of previously untested prospective greenstones at Wapistan West, with the aim of systematically traversing and sampling the area to identify lithium mineralisation potential.

Recharge Metals Managing Director, Felicity Repacholi, on Wapistan Lithium Project


We are excited to get back on the ground at Wapistan, following the melt of the snow and ice, and to resume our groundwork at what we believe to be the most prospective ground within the project. We are pleased to be working again with Dahrouge Geological, who are already in the region and therefore able to quickly and efficiently complete this work program. The Eeyou Istchee James Bay region remains a hotspot for exploration and development stage lithium projects. Results from the previous season at Wapistan were encouraging, and we look forward to updating investors on the results of this work program.

Exploration update and future outlook for Recharge Metals


Recharge Metals (ASX: $REC) has re-commenced fieldwork at its Wapistan Lithium Project in Quebec, Canada, with a focus on the previously untested prospective greenstones at Wapistan West. The company is optimistic about the potential for lithium mineralisation based on limited sampling in 2023, which confirmed the presence of highly fractionated LCT-pegmatites. The targets for exploration have been identified based on recent LiDAR survey results and historical outcrop mapping. Recharge Metals anticipates completing the traverses by the end of June, with assay results expected 6 - 8 weeks later. The company's proximity to other lithium projects in the region, such as the Mia Lithium Project and the Radis Lithium Project, further underlines the potential of the Wapistan Lithium Project. Recharge Metals looks forward to updating investors on the progress and results of the ongoing exploration, as it continues to pursue its corporate strategy of advancing its lithium projects and exploring new opportunities in the energy metals sector.

RECHARGE METALS LIMITED
REC | ASX | Materials
0.0330(+0%)
At close 05/07 (AEDT)
Market cap
$4.6M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.38
1YR Return
N / A

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