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Chariot Resources Ltd (ASX:CC9)

ALERT: Price-sensitive ASX Announcement for CC9
Current share price for CC9 : $0.060 0.01 (20%)+
Announcement
Release
28 Jul 2025 11:10AM
Price at Release
$0.050
Full Release
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Summary
Chariot Corporation Ltd’s Quarterly Activities Report and Appendix 5B Cash Flow Report for the quarter ended 31 December 2023 details the company’s progress on its lithium exploration projects in the United States, focusing on the Black Mountain, Resurgent, and Copper Mountain projects. The report highlights significant exploration activities, including drilling at the Black Mountain project, ongoing sampling, and permitting progress. The company also discusses its financial position, cash flows, and use of funds, confirming that it remains well-funded for its exploration programs. Key corporate developments include the successful completion of the company’s IPO and ASX listing, as well as updates on board and executive appointments. No mining production or development activities were undertaken during the quarter. The company outlines its plans for continued exploration and project advancement in the upcoming quarter.
Key Points
  • Progress was made in lithium exploration at the Black Mountain, Resurgent, and Copper Mountain projects in the USA.
  • Significant drilling activities were completed at the Black Mountain project, with ongoing sampling and permitting.
  • The company successfully listed on the ASX following a completed IPO.
  • Chariot Corporation Ltd remains well-funded, with sufficient cash to advance exploration activities.
  • No mining production or development occurred during the December 2023 quarter.
  • Financials and cash flow information are provided in the Appendix 5B Cash Flow Report.
  • Updates were given regarding key board and executive appointments during the reporting period.
  • Planned activities for the upcoming quarter include further exploration and project development.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.