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Chariot Corp. found high-grade lithium in Nigeria, with assays up to 5.96% Li₂O, signaling potential for commercial mining.
Chariot Corporation has confirmed high-grade lithium oxide assays up to 5.96% from rock chip sampling at its Fonlo and Iganna lithium projects in southwest Nigeria, indicating the presence of lithium-caesium-tantalum pegmatite systems.
Six samples showed lithium levels between 2.66% and 5.96%, with notable results including 5.96% Li₂O, 0.107% Ta₂O₅, and 1.66% Cs₂O at Iganna, and 5.14% Li₂O with 2.5% Cs₂O—pending re-assay.
Spodumene and lepidolite were identified as key lithium minerals, supporting long-standing artisanal mining activity.
The company is advancing a dual strategy: fast-tracking small-scale mechanized mining for early revenue and conducting exploration, including geophysics and a planned 2,000–4,000m diamond drilling program.
Chariot is acquiring a 66.7% interest in the projects across 254 square kilometers in Oyo and Kwara States, with potential for by-products in tantalum and caesium.
Chariot Corp. encontró litio de alto grado en Nigeria, con ensayos de hasta 5.96% Li2O, lo que indica el potencial para la minería comercial.