Charger Metals NL (ASX:CHR)
Charger Metals NL (ASX:CHR) is a minerals company focusing on lithium and other base metals across projects in Western Australia and the Northern Territory, Australia.
The Company has an agreement to acquire an interest in a portfolio of tenements (See Tenement Schedule) that are considered by the Board to be prospective for metals associated with the renewable energy sector.
The portfolio includes a 70% interest in the Coates Ni-Cu-Co-PGE Project and the Lake Johnston Lithium Project in Western Australia; and the Bynoe Lithium and Gold Project in the Northern Territory.
In addition, Charger has also entered into a separate option agreement to acquire an 85% interest in the Coates North Project which adjoins the Coates Ni-Cu-PGE Project.
The Bynoe Lithium and Gold 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 and Gold Project and Lake Johnston Lithium Project have had limited lithium exploration to-date.