How Recharge Metals Is Unlocking High-Grade Uranium and Copper Targets

Exploration Momentum Builds in Montana

Recharge Metals Limited (ASX – REC) has reported steady progress at its Carter Uranium Project in southeast Montana, USA. The company is advancing the permitting process required for drilling, engaging with U.S. regulatory authorities and local stakeholders to ensure smooth access and compliance. The project benefits from proximity to key infrastructure, including US Highway 212 and the regional hub of Belle Fourche, South Dakota, positioning it well for future development.

Historical data underpinning the project is robust, with the Carter Project hosting significant high-grade uranium resources at the Acadia and Mindy deposits. Recharge has secured the majority of surface rights over these areas, which contain estimated historical resources of 3.7 million pounds at 1,250 ppm uranium oxide equivalent and 1.4 million pounds at 1,560 ppm respectively. The company’s drill program is designed to test high-priority targets identified from extensive historical drilling conducted by major players like Kerr McGee and Chevron in the late 20th century.

Copper Exploration Advances in Western Australia

Meanwhile, at the Brandy Hill South Copper Project in Western Australia’s Murchison region, Recharge has completed an Induced Polarisation (IP) orientation survey. This geophysical technique has successfully identified chargeability anomalies consistent with sulphide mineralisation, which is often associated with copper deposits. These anomalies align with previous electromagnetic survey results and known mineralised zones, providing compelling targets for upcoming drilling campaigns.

The company plans to expand the IP survey coverage to refine these targets further and integrate the new data with historical drilling and geophysical information. Technical studies, including mineral alteration analysis and vein paragenesis, are underway to deepen understanding of the deposit’s porphyry copper potential. Brandy Hill South’s location near the Deflector Deposit and within a prolific copper-gold province adds strategic value to these exploration efforts.

Financial Position and Outlook

Recharge Metals ended the quarter with a cash balance of approximately A$1.67 million, reflecting a solid financial footing to support its exploration programs. The company reported no production activities during the period, focusing its expenditures on advancing exploration and permitting. Director fees and consulting payments totaled around A$105,000 for the quarter.

With uranium market dynamics remaining favourable, driven by U.S. energy security policies and increasing demand, the Carter Uranium Project is well positioned to capitalise on these trends. Similarly, the copper market’s long-term outlook supports continued investment in the Brandy Hill South Project. Recharge’s methodical approach to integrating historical data with modern exploration techniques bodes well for unlocking value in both projects.