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Core Lithium Ltd.

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Summary

Project:

Finniss

Deposit:BP33
Location:Australia
Commodities:Lithium
Date:4/11/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Pre-Feasibility Study
Report details:11-4-2018: Core Lithium Ltd. announces an Exploration/Drilling Update report for its BP33 deposit at the Finniss project. Drilling results incl. 75m @ 1.68% Li2O from 210m. Emerging Australian lithium developer Core Exploration Ltd (ASX: CXO) (“Core” or t
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Steven Biggins (Internal)
ABSTRACT:Emerging Australian lithium developer Core Exploration Ltd (ASX: CXO) (“Core” or the “Company”) is pleased to announce that assays results have been returned for the 86m continuous intersection of spodumene pegmatite that was drilled at the BP33 Prospect in February (refer ASX Announcement 19/02/2018). The BP33 Prospect lies within Core’s 100%-owned Finniss Lithium Project near Darwin in the Northern Territory, and importantly, is only 5kms away from the high-grade Grants deposit which Core expects to become its first lithium production asset. Core’s Managing Director, Stephen Biggins said: “We continue to be very encouraged with how BP33 is evolving, and expect it has potential to add considerable mine life to our Finniss Project. The results reported today are amongst the best spodumene intersections in Australia, and greatly increase our confidence that Core’s Finniss Project near Darwin has potential to become a long life and high margin lithium operation”

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