Chariot Resources LtdASX: CC9

C&D, ZhongNuo and CC9 Sign Nigerian Lithium DSO Term Sheet

· Issued by Chariot Resources Ltd

Filed with ASX · · 8 pages · English

Summary by 6ix AI

Chariot Resources Ltd has signed a term sheet with C&D and ZhongNuo for a proposed partner-funded lithium program in Nigeria, focusing on drilling and potential trial mining of direct shipping ore. ZhongNuo will fund and conduct a minimum drilling program, with trial mining contingent on satisfactory results and further agreements. The term sheet outlines the roles of each party and establishes a framework for the proposed operations, but is subject to various conditions and approvals before proceeding.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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