- Charger Metals (CHR) wraps up its maiden drilling program at the Medcalf spodumene discovery in Western Australia
- The 24-hole reverse circulation drilling program increased the known extent of the swarm of spodumene-bearing pegmatites in the area
- All samples from the program have been submitted to a lab for analysis, with results expected over the coming weeks
- Preparations are now advancing for follow-on, deeper core drilling that will be used to confirm the dip and provide the physical properties of individual pegmatites
- Charger Metals closes 3.39 per cent lower at 28.5 cents on Tuesday afternoon
Charger Metals (CHR) has wrapped up its maiden drilling program at the Medcalf spodumene discovery in Western Australia.
The company drilled 24 reverse circulation holes, bringing the program’s total to 7199 metres.
The program tested pegmatites over a length of 700 metres at surface and up to 280 metres down dip of mapped spodumene-bearing pegmatite outcrops.
The drilling increased the known extent of the swarm of spodumene-bearing pegmatites in the area, which occurred within a 100-metre zone.
“With the drilling programme returning multiple intersections of spodumene-pegmatites, the company’s geologists are planning deeper core holes designed to expand the known mineralisation to a greater depth,” Charger Managing Director David Crook said.
“Assays from holes drilled in late 2022 included high-grade lithium intersections from surface down to a vertical depth of at least 210 metres.
“This year’s drilling has increased the known extent of the spodumene-pegmatites which are still open along strike and at depth.”
All samples from the reverse circulation drilling have now been submitted to a laboratory for analysis, and results are expected in the coming weeks.
The company has been advancing preparations for follow-on, deeper core drilling which will be used to confirm the dip and provide the physical properties of individual pegmatites.
Additionally, core drilling, extensional heritage and flora surveys have been initiated, and a water management plan has been implemented.
Charger Metals closed 3.39 per cent lower at 28.5 cents on Tuesday afternoon.