Australia's Charger Metals rises on confirming lithium system at WA project

Charger Metals NL

09/06/2022 03:41

** Shares of metals explorer Charger Metals  CHR.AX  rise as
much as 34.8% to A$0.620, their biggest intraday pct gain since
Jan. 18
    ** Co says soil geochemistry programs at its 70%-owned Lake
Johnson Lithium project in Western Australia confirmed large
lihtium-caesium-tantalum pegmatite target zone  urn:newsml:reuters.com:*:nASX2Xljwc
    ** Says the Medcalf spodumene prospect at the project is
being prepared for drilling in the March quarter of 2023
    ** Shares hit their highest since May 9
    ** Volumes are 9.1 times the 30-day average of 128,945
shares
    ** As of last close, stock up 8.2% this year

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))