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Core Lithium Ltd.
Summary
| Project: | Finniss | |
|---|---|---|
| Deposit: | Talmina, Turners, Ah Hoy | |
| Location: | Australia | |
| Commodities: | Lithium | |
| Date: | 1/31/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 31-1-2019: Core Lithium Ltd. announces an Exploration/Drilling Update report for its Talmina, Turners, Ah Hoy deposit at the Finniss project. Drilling results incl. 10.0m @ 1.07% Li2O from 148.0m. The result was a global Mineral Resource for the Finniss P | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stephen Biggins (Internal) | |
| ABSTRACT: | The result was a global Mineral Resource for the Finniss Project of 7.1Mt @ 1.4% Li2O, whilst there remains considerable scope to further increase that resource with additional lithium-rich pegmatites within the Company’s large >500km2 of tenure at Finniss. The Grants Lithium Resource estimate currently comprises 2.89Mt @ 1.5% Li2O and is one of the highest-grade spodumene resources in Australia. Two-thirds of the Grants Lithium Resource is now classified in the Measured or Indicated category. The BP33 Lithium Mineral Resource estimate currently comprises 2.15Mt @ 1.5% Li2O. A maiden Inferred Mineral Resource Estimate for Sandras of 1.3Mt @ 1.5% Li2O was revealed in November 2018, which was quickly followed with a maiden Mineral Resource at Carlton of 0.79Mt @ 1.3% Li2O | |
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