Wyoming Projects Overview
Chariot Corporation Ltd holds an 83.9% interest in the Black Mountain project and six (6) Exploration Pipeline projects in Wyoming, U.S.A. with a total exploration tenure of 6,270 ha (795 lode claims).
The Black Mountain project features lithium mineralisation at surface within spodumene bearing pegmatites. A reconnaissance rock chip sampling program indicated the Black Mountain pegmatites were well-mineralised with respect to lithium with lithia (Li2O) grades >4% Li2O, and best assay result of 6.68% Li2O. Initial drill results from the phase 1 drilling program includes: 15.5m @ 1.12% Li2O from 2.7m, 14.3m @ 0.84% Li2O from 10.7m and 18.8m @ 0.85% Li2O from 45.3m. In addition, the initial drilling may have intersected the peripheral portion of a potentially larger base metal mineral system, with a selected interval grading up to 0.6% Cu, 1.0% Zn and 15.4% Pb.
Chariot exploration pipeline projects comprise of Copper Mountain, South Pass, Tin Cup, Barlow Gap, Pathfinder and JC projects. These projects are prospective for hard rock lithium and features swarms of outcropping pegmatite dykes at surface.
