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Charger Metals NL (ASX:CHR)
ALERT: Price-sensitive ASX Announcement for CHR
Current share price for CHR : $0.087 0.01 (12.99%)+
Announcement
Release
11 Nov 2025 9:52AM
Price at Release
$0.077
Full Release
Summary
Charger Metals NL announced the commencement of a Reverse Circulation drilling program at the Richard Gold Prospect, which is part of the Lake Johnston Lithium and Gold Project in Western Australia. The primary goal is to explore five priority lithium and gold targets at Mt Gordon Prospects, funded by Rio Tinto Exploration (RTX). Charger intends to fund an additional drilling program at Richard Gold Prospect to explore its gold potential, which showed significant historical gold intercepts not followed up since 2012. The presence of anomalous gold near the base of RAB holes indicates potential for a broader gold system, suggesting a prospect for a structurally-hosted gold system typical of the Yilgarn Craton.
Key Points
- Reverse Circulation drill program commenced at Lake Johnston Project.
- Targeting five priority lithium and gold targets at Mt Gordon.
- Additional drilling program at Richard Gold Prospect funded by Charger.
- Historical significant gold intercepts at Richard Gold Prospect.
- Presence of anomalous gold supports potential for a broader gold system.
- Potential for a structurally-hosted gold system in the Yilgarn Craton.
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.
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