Chariot Corporation Ltd Was Formed To Targetearlyopportunities In The Lithium Industry Globally The Company Is Currently Focused On Selected Projects Located In The United Statesthe U Shas A Substantial Endowment Of Lithium Mineralisationbut Lags Behind More Developed Lithium Regionssuch As Australiachile And Argentinain Terms Of Lithium Productiona Significant Increase In U Slithium Supply Is Required To Enable A Domestic And Secure Source Of This Critical Input Into Batteries To Meet Anticipated Demand From U Sbattery Manufacturers Chariot Has Specifically Targeted Lithium Exploration Opportunities In The United States With Lithium Mineralisation At Surface With Large Scale Potential Based On Surface Area Chariot S Projects Are Prospective For Both Hard Rock Lithiumi E Spodumenein Central Wyoming And Claystone Hosted Lithium In Nevada And Oregonrecent Rock Chip Assay Results At The Black Mountain Project And The Resurgent Project Demonstrate The Presence Of Lithium Mineralisation At Surfacethe Assay Results And Initial Geological Work Suggest That These Two Projects Compare Favourably With Respect To Grade And Scale With Similar Early Stage Hard Rock Lithium And Claystone Lithium Projects In The U S Chariot S Projects Are Located In Mining Friendly Jurisdictions The Company Believes These Two Core Projects Represent Earlyprospective Lithium Opportunities In The United States
