Bynoe is IMO CHR’s most exciting lithium play. Their tenement is right in the thick of Cxo’s land holding. The 7up prospect is only a few kilometres east of CXO’s new 9.8MT - 16MT exploration target, and about 10km SW of CXOs BP33 deposit.
As CXO will be Australia’s next lithium mine, then should CHR discover a lithium deposit at 7up/ELA30897, this would open the door to a number of possibilities, not to mention a significant increase in MC and SP during this lithium bull cycle.
If we look at 9th July company preso, we are told surveys to commence on Coates nickel, soil geochemistry to happen at lake Johnston lithium, and soil coverage and mapping leading to first drilling at Bynoe lithium.
On 21st July we got the nickel survey. On 28th July we got the soil geochemistry at Lake Johnston. So I am hoping that soon we get news from Bynoe.
IMO
GLTAH
Ann: Charger Unveils New Lithium Target at Lake Johnston, page-78
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