CHR: Quarterly Activities/Appendix 5B Cash Flow Report
Charger Metals NL reported excellent metallurgical results for its Medcalf Lithium Project, demonstrating high lithium and tantalum recoveries and grade upgrades through ore-sorting, which de-risks the project. The company also completed the sale of its Bynoe Lithium Project, significantly boosting its cash reserves to $4.23 million, enabling further exploration and studies. A 10,000m drill program is underway at Medcalf, with assays expected shortly to support resource growth.