For thousands of other reports visit RSC's Mineral Intellingence Map
Core Lithium Ltd.
Summary
| Project: | Finniss | |
|---|---|---|
| Deposit: | Lees Drives | |
| Location: | Australia | |
| Commodities: | Lithium | |
| Date: | 5/6/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 6-5-2019: Core Lithium Ltd. announces a Resource Estimation report for its Lees Drives deposit at the Finniss project. Initial mineral resource estimate for the Lees Drives deposit. Emerging Northern Territory lithium developer, Core Lithium Ltd (ASX: CXO | |
| Resources: | (Resource, Total): 9.63Mt @ 1.35% Li2O at Finniss | |
| CP/QP: | [Resources]: Graeme McDonald (Independent) | |
| ABSTRACT: | Emerging Northern Territory lithium developer, Core Lithium Ltd (ASX: CXO) (Core or the Company), is pleased to announce the global Mineral Resource Estimate (MRE) for the Company’s Finniss Lithium Project in the Northern Territory (Finniss Project) has been increased to now total 9.63Mt @ 1.3% Li2O with the addition of an initial MRE in respect of the Lees Deposit (Table 1). maiden MRE announced today is expected to be significantly upgraded in scale and in confidence category over the course of 2019, resulting in additional resources with further drilling. In addition to the new MRE at Lees, a further Exploration Target of 2 to 3 million tonnes grading between 1.0% and 1.3% Li2O has been identified by Core at the adjacent Lees-Booths Link. The potential quantity and grade of this Exploration Target is conceptual in nature; there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of additional Mineral Resources. | |
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