For thousands of other reports visit RSC's Mineral Intellingence Map

Core Lithium Ltd.

opaxe

Summary

Project:

Finniss

Deposit:Finniss
Location:Australia
Commodities:Lithium
Date:6/30/2020
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Environmental Approval
Report details:30-6-2020: Core Lithium Ltd. announces a Resource Estimation report for its Finniss deposit at the Finniss project. Updated Ore Reserve Estimate for Project. Advanced Northern Territory lithium developer, Core Lithium Ltd (ASX: CXO) (Core or Company), is
Resources:(Reserves, Total): 5.7Mt @ 1.3% Li2O (75.8kt Li2O)
CP/QP:[Reserve] Blair Duncan, Bernard Peters (OreWin Pty Ltd.,Core Exploration Ltd.)
ABSTRACT:Advanced Northern Territory lithium developer, Core Lithium Ltd (ASX: CXO) (Core or Company), is pleased to announce a significant increase in the Ore Reserves and, as a result, Life of Mine (LOM) for the Company’s wholly owned Finniss Lithium Project in the Northern Territory (Finniss Project). Total Ore Reserves now stand at 5.7 million tonnes (Mt), which supports a 7-year LOM assuming open pit mining methods at the Grants deposit and underground mining methods at the BP33 and Carlton deposits (Table 1). An Underground Pre-Feasibility Study (PFS) was also extended beyond Measured and Indicated Resources, with a Scoping Study (SS) conducted in parallel to assess true project potential and to help direct immediate resource conversion and resource extension drilling efforts.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report