Charger Metals listed on the ASX in July 2021 after acquiring interests in a portfolio of battery metals project in Western Australia and the Northern Territory that are considered by the Board to be prospective for demand-driven metals associated with the renewable energy sector.
The Project portfolio covers three emerging battery metals provinces including
- the Coates Ni-Cu-Co-PGE Project in Western Australia – 70% to 85% interest
- the Lake Johnston Lithium Project in Western Australia – 70% to 100% interest; and
- the Bynoe Lithium and Gold Project in the Northern Territory – 70% interest
Following the recent success of Chalice Gold Mines Limited (Chalice) at its Julimar Project, a significant amount of exploration funding has been raised by various parties to target what appears to be an emerging Ni-Cu-PGE Province. The Coates Ni-Cu-PGE Project has significant Ni-Cu-PGE anomalies justifying further exploration to testing targets within 28 kilometres of the Julimar Project.
The Bynoe Lithium Project and the Lake Johnston Lithium Project both sit in emerging lithium provinces that have demonstrated sizeable lithium deposits and which are attracting significant exploration interest. Both the Bynoe Lithium Project and Lake Johnston Lithium Project have had limited lithium exploration to date and Charger’s management are excited about further evaluating these opportunities.
Charger has a highly credentialed and experienced board of directors and management team with extensive experience in exploration, development, operations, funding and M&A.
Charger is well funded, has a tight capital structure and impressive share register which positions the Company well as it explorers its emerging battery metals projects in commodities in strong demand.