Charger Commences Drilling At Medcalf Spodumene Prospect

• Drilling has commenced to test out-cropping Medcalf spodumene-pegmatites at the Lake Johnston Lithium Project.
• Recent acquisition of E63/1883, near the Medcalf Spodumene Prospect, increased Charger’s land position by 33km².

Photo 1: Drill rig commencing Charger’s maiden drill programme into the Medcalf Spodumene Prospect.

As previously reported, a programme of up to 40 reverse circulation drill holes will test the Medcalf Spodumene Prospect. Fieldwork previously identified a spodumene-pegmatite swarm, comprising about 20 anastomosing pegmatite dykes that outcrop in an area 800m long within a 300m wide corridor. Ongoing mapping continues to identify additional spodumene- pegmatite outcrops in this area.

About the Lake Johnston Lithium Project

The Lake Johnston Lithium Project is located 450km east of Perth, Western Australia. Charger’s predominately 70% interest is through a Joint Venture, with the remaining 30% held by Lithium Australia Ltd.

Lithium prospects occur within a 50km long corridor along the southern and western margin of the Lake Johnston granite batholith. Key prospects include the advancing Medcalf Spodumene Prospect and much of the Mount Day lithium-caesium-tantalum (LCT) pegmatite field, prospective for lithium and tantalum minerals.

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