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Chariot Targets Pilot Lithium Mine at Black Mountain with $1.6M Raise
5:56pm on Sunday 1st of June, 2025 AEST
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Mining
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Chariot Targets Pilot Lithium Mine at Black Mountain with $1.6M Raise
5:56pm on Sunday 1st of June, 2025 AEST
Key Points
Focus shifted to small-scale pilot mine at Black Mountain
Completed $1.618 million capital raise in October 2024
Second phase drilling commenced targeting spodumene-bearing pegmatites
Amended purchase option agreement for greater financial flexibility
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