Charger Metals NL confirmed further encouraging spodumene pegmatites intersected at the Medcalf spodumene discovery, at its Lake Johnston Lithium Project in Western Australia. Charger's drilling programme at the Medcalf spodumene discovery got off to a very promising start in late 2022, with numerous spodumene-bearing pegmatites intersected. As the programme advances, similar sheeted pegmatites continue to be intersected within a 100m-wide structural zone as drilling progresses to the northwest, and also at depth. The Medcalf Spodumene Discovery represents a swarm of anastomosing to tabular pegmatites hosted in sheared amphibolite. Medcalf spodumene-pegmatites are members of the lithium- caesium-tantalum (LCT) pegmatite family (albite-spodumene type) and spodumene is clearly observed in many outcrops. Spodumene is the preferred mineral for the commercial production of lithium, which is one component of modern lithium batteries. Spodumene-pegmatites were intersected on each of the 4 sections drilled to date. Individual units, up to 13m in width (allowing up to 2m of contiguous internal waste), have a strike direction of north- west - south-east and dip at approximately -40° towards the south-west. Thicker pegmatites are recorded on the north-western-most drill section indicating a possible north- westerly plunge to the mineralisation. The Lake Johnston Lithium Project has attracted considerable interest due to its proximity to the
large Earl Grey Lithium Project under development by Covalent Lithium Pty Ltd. (manager of a joint venture between subsidiaries of Sociedad Química y Minera de Chile S.A. and Wesfarmers Limited) located approximately 70km west of the Lake Johnston Project. Mt Holland is understood to be one of the largest undeveloped hard-rock lithium projects in Australia with Ore Reserves for the Earl Grey Deposit estimated at 189 Mt at 1.5% Li2O3.