Investor Presentation - Finniss Lithium Project
Adelaide, Dec 4, 2017 AEST (ABN Newswire) - Core Exploration Ltd (
ASX:CXO) provides the Company's latest Investor Presentation.
OFFTAKE AND MINING APPROVALS FINNISS LITHIUM PROJECT
- 1,000,000t Binding Offtake Agreement and $2M placement to Yahua recently completed
- US$20 million prepaymentfacility secured with Yahua (one of China's largest lithium producers)
- Mining Lease Application lodged for development of Grants Lithium Resource
- Grants DSO Mining and Concentrate Processing Approvals Commenced
- HOA with Darwin Port for export
- Preliminary Feasibility Study (PFS) underway to be delivered Q1 2018 -targeting first production mid 2019
- Core has established one of the Highest Grade Lithium Deposits in Australia near Darwin in the NT
- Resource Upgrade at Grants Q1 2018 and significant potential to grow Resources near Darwin
- 54m @ 1.4% Li2Oat nearby BP33 and3 drill rigs active on adjacent recently acquired Bynoe Project
- Core valuation growth to reflect move from Explorer to Developer
To view the full presentation, please visit:
http://abnnewswire.net/lnk/0RTWS2BU
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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