Charger Metals NL (ASX: CHR, “Charger” or the “Company”) is pleased to provide an update to the drilling schedule for its 70-85%-held2 Coates Ni-Cu-Co-Au-PGE Project (“Coates Project”), located 65km northeast of Perth, Western Australia.

  • Key Landowner agreement executed, providing access to priority drill targets at the Western Yilgarn-located Coates Ni-Cu-Co-PGE Project.
  • New ground FLEM geophysical survey refines the earlier SkyTEM T1 target.
  • Drilling to commence when final DMIRS1 approval received.

The Coates Project contains a mafic intrusive complex within the Jimperding Metamorphic Belt, which also hosts the world class, 17Moz Pd Eq Julimar - Gonneville nickel-copper-PGE Project3 owned by Chalice Mining Ltd (ASX: CHN) and located 28km NW of the Coates Project (Figure 1).

Charger’s Managing Director, David Crook commented:

“The results of recently completed land based geophysical surveys coupled with coincident geochemical anomalism, provides the Company with an excellent drill target in the emerging PGE and nickel province at a time of record nickel and palladium prices.

“We are also delighted to have reached agreement with the key-landowner which enables this maiden drill program at the Coates Project to proceed in the near future.”

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