Great announcement and update by CHR this morning, I particularly like the picture of the potential of their block and Mt Gordon prospect right next to TG6! Remember, CHRs original Lake Johnston results from Medcalf were as good if not better than TG6, yet we sit at a third of TG6 market cap. I really really like the potential of Mt Gordon and Mt Day.
This is shaping up to be a very exciting area indeed, which got me thinking about who owns all the tenements in between and around?.
So I went looking on TENGRAPH and I was really surprised and happy to see a certain big boy in RIO sniffing around and active...In particular, less than 3 weeks ago on 16 Oct, RIO PEGGED OVER THE TOP OF THE NORTHERN PART OF CHARGERS E63/1809 TENEMENT. Check out the map below I threw together from TENGRAPH!! The area they pegged on 16 Oct is right over the top of E60/1809!
This is very interesting, especially in conjunction with their comments in the quarterly that "Charger was approached by several large strategic companies showing interest in the Company and its lithium project portfolio". Why would RIO peg over the top of CHR and around this area??? RIO do not waste their time in a new Lithium area unless they think it has BIG potential....Put the quarterly and this map together and I think we may have uncovered CHRs potential strategic partner (which hopefully means funding) based on their pegging activity on and around CHR!
I LOVE THIS PICTURE FROM TODAYS ANN:
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- Ann: New Lithium Targets Identified at Lake Johnston
Great announcement and update by CHR this morning, I...
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