Wyoming

Delivering Wyoming’s hard rock lithium potential

Published

2 years ago

February 16, 2024

Delivering Wyoming’s hard rock lithium potential

Chariot has made the first hard rock lithium discovery by drilling in Wyoming, US.

Chariot corporation limited (Chariot) recently announced the first discovery of hard rock lithium in Wyoming, US. The initial results from the Companyâs first three drill holes at its flagship Black Mountain project had assays returning individual lithium (Li) and tantalum (Ta) values of up to 3.79% Li2O and 230 ppm Ta2O5. These are strong early results from Chariotâs Phase 1 drill programme, which will be completed by March 2024, and indicate the presence of hard rock lithium with further drilling focused on determining the scope of the resource.

The United States is rapidly accelerating the exploration and development of American lithium resources to meet the anticipated demand from over 224 GWh of expected battery manufacturing capacity due to be online by 2025Â¹ (and significantly more thereafter). The US Government has also taken significant first steps to incentivise and encourage local investment across the lithium-battery supply chain, including $3.5bn to expand domestic advanced battery and battery materials manufacturing capacity from the Bipartisan Infrastructure Law.

Chariot appears uniquely positioned to benefit from these efforts by being one of the largest landholders of lithium assets in the US. The company has a diversified strategy of holding both hard rock and claystone exploration claims focused in the US. The Black Mountain project (hard rock) and the Resurgent project (claystone) form the companyâs core projects. Chariot also holds a dominant land position in Wyoming, with six additional hard rock lithium projects featuring extensive outcropping pegmatite swarms in geological settings similar to the Black Mountain project.

Why Wyoming?

The exceptional assay results from the first three holes of the Black Mountain project show the assetâs potential and, together with the companyâs six additional Wyoming projects, position Wyoming to become an important source of critical minerals for the US electric vehicle market (see Fig. 1).

Fig. 1: Chariotâs Wyoming hard rock lithium projects

Wyoming is a tier 1 mining jurisdiction with a long history of mining gold, uranium, coal, and industrial minerals, accounting for 21% of the stateâs GDP. In 2020, Wyoming was ranked second on the Fraser Instituteâs policy perception index, demonstrating strong government policy support for ongoing mining exploration and development. Moreover, the stateâs infrastructure is well-developed, with extensive experience transporting minerals within and out of state.

Chariotâs Wyoming lithium portfolio is entirely located in areas with no known land use encumbrance. It is hosted in metasedimentary rocks in Archean-aged geological systems, ideal conditions for LCT pegmatite discovery.

Black Mountain project

Chariotâs core project, the Black Mountain project (Black Mountain), is located in Natrona County, Wyoming, US and comprises 134 unpatented lode mining claims. Chariot has intersected significant zones of strong lithium-tantalum mineralisation in the first three holes of the maiden drill programme at Black Mountain.

These drill results confirm the potential of the Black Mountain lithium caesium tantalum (LCT) pegmatite swarms with notable results, including:
â¢Â Â BMDDH23_01 15.48m @ 1.12% Li2O and 79 ppm Ta2O5 from 2.74m, including 4.27m @ 2.46% Li2O and 128ppm Ta2O5 from 9.94m
â¢Â Â BMDDH23_02 14.33m @ 0.84% Li2O and 61 ppm Ta2O5 from 1.83m, including 2.29m @ 3.09% Li2O and 138 ppm Ta2O5 from 10.67m
â¢Â Â BMDDH23_03 18.81m @ 0.85% Li2O and 98ppm Ta2O5 from 45.26m, including 5.79m @ 1.08% Li2O and 105 ppm Ta2O5 from 47.55m
â¢Â Â High-grade potential with individual grades downhole of up to 3.79% Li2O and 230 ppm Ta2O5

This is the first hard rock lithium discovery, through drilling, in Wyoming, US.

Dr Edward Max Baker, Chariotâs Chief Geologist,Â³ said: âWeâve got stunning initial results amid the North American winter. The targeted hard rock lithium system has been intersected in multiple holes. Still, we need to come back in the North American summer for a 5,000 â 10,000m drill programme to better handle the resource potential. The base metalsâ sulphide mineralisation is also very promising and indicates the potential for base metals and/or gold mineralisation, separate from the lithium mineralisation.â

The drill intercepts reported from the first three holes confirm the lithium potential of the Black Mountain LCT pegmatite (see Fig. 2 and Fig. 3), as indicated by the Chariotâs earlier surface rock chip sampling results.â´ In addition, Chariot is optimistic it may have intersected the peripheral portion of a potentially larger base metal mineral system, with selected intervals grading up to 0.6% (6,012 ppm) copper (Cu), 1.0% (9,931 ppm) zinc (Zn), and 15.4% (154,412 ppm) lead (Pb).

Fig. 2: Drill Core sample from BMDDH23_01 from 10.6m showing some of the spodumene mineralisation

Fig. 3: Pegmatite intersection in BMDDH23_02 from 9.6m (31.5ft.) to 14.5m (47.5ft.)

Two diamond core drill holes (BMDDH23_01 and BMDDH23_02) were drilled to test the outcropping pegmatites in the central Northwest swarm area (Northwest Area), whilst a third diamond drill hole (BMDDH23_03) was drilled in to test outcropping pegmatites in the central southeast swarm area (the Southeast Area)(see Fig. 4).

Fig. 4: Plan View of the Black Mountain Project, showing the pegmatite outcrops (dark red) and interpreted folded geometry (in light red) along with the Northwest and Southeast Cross-Section Lines and Drill Collars. The rock chip and soil geochemistry results are also shown. Refer to the Prospectus for the complete set of rock chip assay resultsÂ²

The Northwest Area comprise steeply dipping limbs of a tightly folded package of dikes, where the fold is now interpreted to be more open than initially anticipated before drilling. The dikes to the west of BMDDH23_01 and BMDDH23_02 are expected to dip westward at a dip approximately parallel to the pegmatite intercepted by BMDDH23_01. BMDDH23_01 and BMDDH23_02 both intersected the same pegmatite (see Fig. 5).

Fig. 5: A â AA cross-section (see Fig. 1) through the Northwest Area showing BMDDH23_01 and BMDDH23_02 drill traces with the intersected pegmatite shown in red

The pegmatite dike swarms in the Southeast Area comprise a complex fold-hinge, which, based on the location of the intercept of pegmatite in BMDDH23_03, appears to dip moderately steeply to the southeast (see Fig. 6).

Fig. 6: B-BB cross-section through the Southeast area showing BMDDH23_03 drill trace with the intersected pegmatite shown in red

Chariot also engaged ERM Australia Consultants Pty Ltd (previously CSA Global) and ERM Sustainable Mining Services (CSA Global) to provide technical guidance for the development of the Black Mountain exploration plan and have completed an independent review of the data, geological interpretations and exploration results to date. CSA Globalâs scientific and technical disclosures review confirms Chariotâs drilling results.

Phase 1 drill programme

The Phase 1 maiden drilling programme consisting of 10-15 holes was designed to test under outcropping pegmatite dike swarms with anomalous Li rock chip values to determine the geometry of the dikes and to confirm the hard rock lithium potential ahead of a comprehensive resource drill-out in Q3 2024.

Major Drilling Group International Inc. (Major Drilling) has been contracted to drill oriented triple tube HQ-sized diamond drill core (drill core) using a Boart Longyear LF90 Surface Diamond Core Drill Rig (the drill rig) (see Fig. 7). Drill core from Black Mountain is transported to Chariotâs core handling and storage facility in Jeffrey City, Wyoming, where each drill core is photographed, logged, and measured for density and recovery (see Fig. 8). Drill core samples are being assayed by American Assay Labs in Reno, Nevada.

Fig. 8: Chariot Senior Project Geologist Willis Blakeslee, inspecting
drill core

The Phase 1 programme was limited to the currently permitted seven drill pads due to the five-acre limit on disturbance under the Notice of Intent, which applies to both access roads and the drill pads.

Chariot plans to apply for an Exploration Plan of Operations (EPO) to increase the area of disturbance from five acres under the Notice of Intent to up to 2,500 acres for the Phase 2 resource drill programme commencing in Q3 2024.

The Phase 1 drill programme was limited to testing the two central pegmatite swarms (of the four pegmatite swarms identified at Black Mountain) in the Northwest and Southeast areas.

Base metal mineralisation potential

The upper section of BMDDH23_01 intersected pyrite-pyrrhotite mineralisation, occurring as veinlets and dissemination within the biotite schist throughout approximately 100m. At this early stage, only several select intervals of this mineralisation were sampled and assayed with selected intervals grading up to 0.6% (6,012 ppm) Cu, 1.0% 9,931 ppm Zn and 15.4% 154,412 ppm Pb.

Based on the location of this drill hole relative to an 800m long by 150m wide zone of anomalous zinc-in-soils, the Company is optimistic that it has intersected the peripheral portion of a potentially larger base metal mineral system (see Fig. 9). The zinc and lead anomalies are situated on the contact between metabasalt to the south and metasediments to the north coincident with a two-meter-wide zone of black massive chert outcrops along the southern margin of the soil anomaly.Â Based on the anomalous drill intercepts, the geological setting and the extent of the zinc and lead soil anomaly, the company plans to further investigate this base metal mineralisation by extending the soil sampling programme and conducting a preliminary induced polarisation survey (IP) lines across the anomaly in Q3 2024.

Fig. 9: Zone of anomalous zinc in soils to the north of the pyritepyrrhotite mineralisation intersected in BMDDH23_01 shown in relation to the outcropping pegmatites with soil sample locations showing Zn in ppm. Refer to Appendix 4 for the complete set of soilgeochemistry results

2024 Black Mountain exploration plans

The Phase 1 programme at Black Mountain is scheduled to continue until 1 March 2024, to determine the three-dimensional shape and near-surface grades, down to 100m, within the three major pegmatite dike zones, as shown in Fig. 1. In addition to the eight holes already drilled, another seven holes are planned for the remainder of the Phase 1 programme, which will conclude on 1 March 2024.

This information will be used to design a more extensive 5,000 to 10,000m initial resource definition drill programme expected to commence in Q3 2024 (the Phase 2 (resource drilling) programme).

Phase 2 (resource drilling) programme to commence in Q3 2024

In anticipation of the Phase 2 resource drill programme, the initial focus will consist of detailed re-logging of the Phase 1 programme drill core and a detailed petrographic study of the mineralisation, selection, and submittal of samples for initial metallurgical testing.Â At the same time, the existing rock chip and soil sampling programme will be extended to the north and east to close off the open lithium and base metal anomalies.

In addition, the company plans to run a preliminary IP/resistivity survey over the area of anomalous Zn-Pb soil geochemistry to assist in siting several holes to test the nature of this base metal mineralisation in Q3-Q4 2024.

The Company is currently lodging an application for an EPO (to drill) to expand the area of disturbance and increase the number of drill pads in preparation for a maiden resource drill-out. The Phase 2 (resource drill) programme is expected to commence in the North American summer in Q3 2024 or when the BLM approves the EPO.

Forging a lithium future in Wyoming

Chariot is well-positioned to take advantage of the future demand for lithium resources and the need for an American supply. Over the next twelve months, the company will report additional drill results and launch a more comprehensive drilling programme at Black Mountain. In addition, the company will continue to advance its other assets prudently. Each of these activities has the potential to be a significant catalyst for value creation at Chariot and to drive shareholder value.

References

Source: National Blueprint for Lithium Batteries 2021-2030.
The Prospectus can be downloaded from the Company website:
www.chariotcorporation.com
Dr Baker holds 7,926,860 ordinary shares in Chariot (equal to a 5.3% interest in the undiluted shares on the issue of Chariot). Dr Baker is also engaged as a consultant by Chariot.
Refer to Chariotâs initial public offering prospectus and the Companyâs announcement dated 9 November 2023 for the full set of surface rock chip sampling results.

Please note, this article will also appear in the seventeenth edition of ourÂ quarterly publication.

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Related Topics:Featured Lithium Supply The Innovation Platform Issue 17

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Wyoming

How Wyoming Game Wardens Cracked The Cody Serial Poaching Case

Published

4 hours ago

March 24, 2026

Press Room

How Wyoming Game Wardens Cracked The Cody Serial Poaching Case

For four straight nights, Game Warden Spencer Carstens and a fellow officer sat in an unmarked vehicle at a Cody city park, windows down, staring into the blackness from dusk until 3 a.m.

Nothing happened.

The poaching caper that would become known internally as the “Cody Park Case” had been building since late August 2024, when residents began finding mule deer carcasses in their front yards and floating in a pond at the Park County Complex. The deer body count reached nine.

According to Wyoming Game and Fish, all nine were killed “right in the middle of town where deer like to hang out” by the library, not far from Canal Park and Glendale Park

All shot with a compound bow, all left to rot.

By the time wardens launched their stakeout, and the only lead was grainy security camera footage of a silver car cruising the neighborhood.

The full story of how the case came together is now the subject of an episode of the Wyoming Wildlife Podcast, hosted by Robert Gagliardi, the assistant editor of Wyoming Wildlife magazine. The podcast is a newer offering from the Wyoming Game and Fish Department, and this particular episode stood out for good reason.

“Our law enforcement stories, those are a fan favorite because they’re very exciting, they’re incredibly interesting, and they do a great job just highlighting just how much work goes into successfully investigating and closing a case like that,” Amanda Fry, public information officer for Wyoming Game and Fish, told Cowboy State Daily.

First Blood

In 2024, the first dead buck appeared in someone’s front yard near a city park, with a blood trail leading across the street and footprints disappearing into the grass. An arrow wound made the cause of death obvious.

“The first thing I kind of thought of was maybe it was a kid,” Carstens recalled for the podcast. A deer in a backyard, shot for fun — that was going to be the end of it.

But then, more reports came in the same day. A second buck, a couple of doors down, also arrowed.

Then a third, in a nearby park, where wardens recovered an arrow — an expandable broadhead fired from a compound bow, a typical hunting setup. Then deer four, five and six. Then number seven, found floating in a pond at the Park County Complex, requiring Carstens to wade out in chest waders to retrieve it.

All nine carcasses — two bucks, six does and a fawn — turned up within a tight radius around the county library and city park, right in the middle of town.

Every animal was shot and abandoned. None were harvested in any way.

“They were just killed and left,” Fry confirmed.

Silver Car

Being in city limits gave wardens tools they rarely get to use. Ring doorbell cameras from cooperative neighbors produced footage of activity on the nights deer were killed. Security cameras at a local business captured a silver car driving slowly up and down the street before parking, and a figure stepping out with a flashlight.

It was the first real break, but the footage was too grainy to identify a make and model, let alone a license plate.

“And of course, it’s one of those deals where there’s just silver cars everywhere you look, once you start looking for them,” Carstens said.

An early lead pointed to a group of teenagers spotted on Ring camera footage running around and riding in the back of a truck. Wardens tracked them down at a local school — only to learn they had been playing a supervised game that night, organized by Cody police. They were ruled out.

With no suspect and deer still turning up dead, Carstens and his team decided to stake out the park. They would sit in the dark and wait.

Forensic evidence was gathered from arrows to catch a serial poacher in Cody (Courtesy: Wyoming Game and Fish)

Fifth Night

By the fifth night of the stakeout, the wardens were running on fumes.

“We’re kind of tired, kind of getting sick of it, trying to figure out what are we going to do next because this isn’t working,” Carstens recalled.

Then they heard it — the unmistakable thwack of a compound bow firing in the darkness, followed by the sound of an arrow hitting flesh.

Using night vision, the wardens looked out into the park. A man was standing there holding a bow, standing over a dead deer.

Carstens crept out of the truck and got as close as he could before making contact. The man bolted.

“I actually get in a foot pursuit with this guy,” Carstens said. “He was a young, pretty fast guy, so he got away from me.”

But the suspect had to have driven there. Wardens fanned out and found the silver car parked about a block away. Peering through the window, they saw an arrow lying on the front seat that matched the one recovered from an earlier crime scene.

And the car was full of fresh groceries.

“Basically went out to get groceries, on his way home decided to pull over and shoot a deer in the park,” Carstens said.

Blood Science

The suspect — later identified as Joshua Tamirat Wielhouwer — fled the state. But wardens had his vehicle and, soon, search warrants for the house where he had been staying. Inside, archery equipment was scattered through multiple rooms. A second vehicle yielded more gear, including a bow and broadheads.

Some of that equipment had blood on it. In some cases, only minuscule traces.

Wardens had also been collecting the deer carcasses and storing them in an evidence freezer. They sent tissue samples from eight of the nine deer to the Wyoming Game & Fish forensics lab, along with every piece of blood-stained archery equipment from the house.

What came back was, in Carstens’ word, “remarkable.”

The lab matched all eight deer to specific pieces of equipment — individual broadheads, arrows and metal inserts — through DNA analysis. Trace amounts of tissue inside a tiny metal arrow insert were enough to tie a specific deer to a specific arrow.

“This is the first case that I’ve worked where we’ve actually been able to take nothing but DNA evidence and make a full case on it,” Carstens said. “Big kudos to the forensics lab. They really helped put this case together. We wouldn’t have a case without them.”

A cell phone search warrant then connected the suspect’s archery equipment to an older case — a beef cow shot with multiple arrows and left to die the year before, a case the Park County Sheriff’s Office had been unable to solve.

Serial Poacher

With a nationwide extraditable warrant issued through the Park County prosecuting office, officers in another state began looking for the suspect. He eventually turned himself in, flew back to Cody and sat in jail for 75 days before posting bail.

A trial was set for February 2025. Before it began, prosecutors and the defense reached a plea deal: guilty on nine of the 18 misdemeanor charges, $18,000 in restitution for the deer and one full year in county jail, with 73 days credited for time served.

The suspect also pleaded guilty to felony destruction of property for the cow, paying restitution to the rancher and accepting three years of supervised probation. All seized archery equipment was forfeited. 

A year behind bars is an unusual outcome for a wildlife case in Wyoming, where penalties more commonly involve fines and revocation of hunting privileges, explained Carstens.

“This guy had never purchased a hunting license in Wyoming,” Carstens said. “He wasn’t really a traditional hunter in the sense that he buys a license, goes out in the field and looks to harvest anything.”

The warden’s best guess at a motive: the suspect was into archery as target shooting and “maybe just wanted to take it to the next level and see what he could do with his bow.”

Forensic evidence was gathered from arrows to catch a serial poacher in Cody — who was also connected to a mutilated cow. (Courtesy: Wyoming Game and Fish)

Team Effort

Carstens credited his fellow wardens and the Game and Fish investigative unit — which considered the dead cow as a possible predator conflict before determining it had been killed by a bow — and the Park County prosecutor’s office.

“This was definitely the most collaborative effort that I’ve been a part of,” Carstens said.

The community played a role too. Neighbors willingly shared security camera footage, and residents who enjoy the town’s urban mule deer herd were eager to see the case resolved.

“Our hope is to cover everything Game and Fish is doing,” Fry said of the Wyoming Wildlife Podcast. “We have terrestrial habitat work, aquatic habitat work, but our law enforcement stories — those are a fan favorite.”

David Madison can be reached at david@cowboystatedaily.com.

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Wyoming

BLM and Wyoming Honor Farm to Offer Trained Wild Horses and Burros in May

Published

16 hours ago

March 23, 2026

Press Room

BLM and Wyoming Honor Farm to Offer Trained Wild Horses and Burros in May

The Wyoming Department of Corrections Wyoming Honor Farm and the Bureau of Land Management have announced they will host an adoption on May 9 in Riverton.

According to a release, for more than 35 years, the Honor Farm has shared the BLM’s commitment to place animals removed from overpopulated herds into good, private homes.

The event will offer saddle-started horses, halter-started yearlings and gentled burros for adoption. Photos of many of the available animals can be seen by following BLM Wyoming on Facebook or X. The organizations are currently developing a Flickr album that will premier in the near future. The horses to be offered all originate from Wyoming public lands.

The Wyoming Honor Farm is located one mile north of Riverton. Take U.S. Highway 26 to Honor Farm Road.

On May 8, gates open at 12:30 p.m. Preview available horses and burros in-person starting at 1:30 p.m. All visitors must be offsite by 3:30 p.m.

On May 9, gates open at 8 a.m. and the competitive-bid adoption begins at 10 a.m.

Both days’ events are free and open to anyone interested in wild horses, the Honor Farm gentling process and the BLM wild horse and burro adoption program.

According to the BLM, it will provide applications and information about how to adopt on both days. The BLM reports the horses and burros are current on their vaccinations, de-worming and Coggins testing. Only covered straight deck or stock type trailers with swing gate and sturdy walls and floors are authorized for loading.

The Wyoming Department of Corrections reports that since 1988, the Honor Farm has helped the BLM place thousands of horses and burros. The WDC has a low recidivism rate, and leadership feels this is largely due to the meaningful work accomplished by the Honor Farm inmates, including the gentling of wild horses. Inmates who are released after working in this program have a greater chance of succeeding in the outside world, according to the WDC.

Refreshments will be available during the event. Ice cream sandwiches will be provided on Friday, May 8. On Saturday, May 9, breakfast and lunch will be available free of charge for attendees.

All members of the public entering the facility will be subject to security checks conducted by GSecurity, including vehicle inspections. For the safety of visitors, staff, and animals – pets, firearms, and alcohol are not allowed on site.

The BLM wishes the public to be aware that cell phones, smart watches, cameras, video equipment and tobacco products must be kept locked in your vehicle while onsite. To maintain a positive environment for visitors, a reasonable clothing standard must be adhered to. Shorts and form-fitting clothing are prohibited.

To learn more about the BLM’s Wild Horse and Burro Program, including adoption requirements, visit blm.gov/whb or contact the national information center at 866-468-7826 or wildhorse@blm.gov.

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