Quarterly Activities and Cashflow Report 30 June 2017
Adelaide, July 31, 2017 AEST (ABN Newswire) - The Board of Core Exploration Ltd (
ASX:CXO) ("Core" or "Company") is pleased to present its Quarterly activities report for the Period ended 30 June 2017.
Highlights
Core established its first JORC 2012 Lithium Resource at the Grants Prospect at the Finniss Lithium Project ("Finniss"), near Darwin in the NT during the period.
Core has also commenced baselines studies at Grants to support both early development approvals and mine design.
Core is maturing discussions with potential offtake and project partners to advance potential early development of Grants and the Finniss Lithium Project.
Core commenced the first phase of RC drilling of the Zola Pegmatite Swarm during the reporting period.
Subsequent to the reporting period, the first phase of RAB and RC drilling commenced at the large-scale Ringwood Pegmatite Swarm.
Reconnaissance mapping and soil geochemical surveys on EL31058 within the Barrow Creek Lithium Project during the reporting period included 2,150 regional-spaced soils samples.
Core had a strong cash position of approximately $6.1 million to further its project objectives at the end of the period.
To view the full report, please visit:
http://abnnewswire.net/lnk/DJC422KZ
About Core Lithium Ltd
Core Lithium Ltd (ASX:CXO) is an Australian hard-rock lithium company that owns the Finniss Lithium Operation on the Cox Peninsula, south-west and 88km by sealed road from the Darwin Port, Northern Territory. Core's vision is to generate sustained shareholder value from critical minerals exploration and mining projects underpinned by strong environmental, safety and social standards.
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