Chariot Resources: High-Grade Lithium in Nigeria

0:00Chariot resources just drop some major news from Nigeria. They confirmed high-grade spotamine in all six samples from their FONLO and EGANA projects. Independent tests by the University of British Columbia showed this lithium mineral making up between 28.4% and 75.3% of the rock by weight. Lithium oxide grades hit between 2.66% and 5.96%. These results are a game changer because spotamine is straightforward to process. Unlike messier minerals like lapidolite, which didn't show up at all. They also found polucite, a cesium-rich mineral, up to 9.5% in 1 EGANA sample, backing up earlier high cesium readings. This puts Chariot in a strong spot for their Nigerian push. The projects are part of a four-site portfolio, covering 254 square kilometers with a history of artisanal mining. They're grabbing a 66.67% stake. And last month, the Nigerian government greenlit the license transfers to their joint.

1:03Fincher. Now with the mineralogy locked in, Chariot's clearing hurdles for metallurgical work and ramping up plans. Expect more surface sampling, mapping and drill targeting at FONLO and EGANA plus scouting small-scale mining options. They're not stopping there. Keeping momentum on US projects like Black Mountain and Wyoming and resurgent in Nevada. With the risking underway, Chariot's gearing up to fast track this West African lithium opportunity. Local news, powered by AI. This is Sydney News Today. I'm Corey with The Story.