Australia lithium explorers haven’t got many exciting hits since LTR on Australia land. The headliners are Canadian based explorers, PMT, WR1. But with one of the highest Li2O in rock chips samples at Medcalf, predominant mineral is spodumene, Tier 1 location, maiden drill spinning, initial target 5-8MT @ 0.8-1.2% Li2O.
Up to 40 holes RC drilling has commenced on 02/12/2022, estimated complete date is 16/12/2022. Visible spodumene is almost a guarantee, question is how deep and how thick?
Most of Rb level in CHR chips are lower than 2500ppm. Another evidence for Spodumene rich system.
And Bynoe tenement is within the CXO’s tenement. The permit for drilling is issued and the news will keep flowing in. CHR has all the potentials to make Australia Lithium Explorers Great Again.
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