CHR charger metals nl

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5.4¢

CHR General Discussion, page-196

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Millgates

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30/01/23

15:36

Post #: 65952290
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Originally posted by FreeflyerNZ: ↑

I'm in today.

high grade rock chips and ground with enough exploration to know the orientation of the pegmatites. They arent big but if its anything like Earl Grey they can get thicker and maybe even shallower as they follow it down.

Im not expecting big hits from the holes before christmas but as others pointed out cumulative widths of mineralization is important and I suspect grade will be there also.

Pegmatites are dipping towards a major fault or shear zone which coincides with where I think there will be bigger intercepts allbeit much deeper.

What I'm most looking forward to is the holes to the northwest that will no doubt be drilled deeper to intercept the pegmatites. Take a look at the proposed drilling below (orange dots). I see comments of why didn't they take rock chip samples here and the obvious answer is you can't take rock chip samples of something below the surface.

Now have a look at the cross section below labeled A A'. On the above diagram it clearly points to pegmatites dipping to the northwest towards the shear.

If we don't find thicker intercepts at depth ill be suprised and my research will be for nothing. However, I don't believe this will be the case.

I bought in on this project as well as the land, where there is further outcropping pegmatites, (in the bright green diagram above) showing a cross fold.

Not that intrigued by Bynoe but the lake Johnston project has me interested.

At a 20m market cap, a 10Mt deposit here would push them to 100m or 5 bags. The risk reward is enough for me to see where this goes.

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Welcome on board with a Mariana Trench price. Enjoy reading your posts since I was a sideliner at WR1. Pity I bought a fortune destroyer instead. Hope CHR could be my redemption. As you said, how can I explain to my wife for the huge loss considering I am doing research everyday.

Last edited by Millgates: 30/01/23

CHR Price at posting: 36.0¢ Sentiment: None Disclosure: Held
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CHR General Discussion, page-196

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CHR General Discussion, page-196

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ASX Market Close: Health Care stocks lead index lower | August 7, 2025

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Featured News

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Sellers (Offers)

Featured News