Lake Johnston Drilling Advances As Regional Target Generation Continues

Charger Metals NL (ASX: CHR, “Charger” or the “Company”) is pleased to provide an update for its planned drilling program and exploration at the Lake Johnston Lithium Project.

• The Medcalf spodumene pegmatite swarm is being prepared for drilling during the December 2022 quarter:
  • Spring flora survey completed.
  • DMIRS Programme of Work (POW) application submitted.
  • Heritage Protection Survey confirmed for the final week of October.
  • The Company’s preferred drilling contractor is available for a November start.
  • Drilling will target outcropping spodumene pegmatite dykes that form a cluster at least 800m long within a 300m-wide corridor.
  • Rock-chip assays from Medcalf pegmatites range between 1.51% and 7.15% Li2O with the predominant lithium mineral being spodumene
• Target generation continues at the Mount Day Prospect
• Exploration to date suggests Lake Johnston is a very large LCT lithium system

Charger’s Managing Director, David Crook, commented:

“With the required Lake Johnston surveys progressing well, Charger looks forward having our POW approved shortly and drilling starting soon after. The Company believes that the Medcalf Lithium Prospect provides an excellent, drill-ready opportunity, targeting outcropping spodumene pegmatites.”

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