Core Exploration (ASX:CXO) is developing one of the Highest Grade Lithium Deposits in Australia supported by arguably the best logistics chain to Asia of any Australia Lithium Project

Within the space of just over 12 months Core have discovered and defined the Northern Territory’s first lithium resource, completed a robust mining study in respect of developing Grants, applied for a Mineral Lease, and now concluded our maiden offtake and prepayment agreements leading into Feasibility Studies in 2018.

Core Exploration has an experienced and proven team of Directors and Management with excellent skill sets for driving value growth in the mining industry. They have worked together successfully as a team and separately in a number of listed mining companies on the ASX and their exploration track record includes making economic discoveries that have developed into operating mines.

Recent highlights include:

  • Core has established the first Lithium Resource in the NT near Darwin
  • Recent placement and spodumene offtake agreement to Yahua – one of China’s largest lithium producers
  • Development supported by arguably the best logistics chain to China of any Australian Lithium Project – HOA with Darwin Port for export
  • Grants Lithium Resource one of the highest grade lithium deposits in Australia
  • Preliminary Mining Study shows strongly positive outcomes for development of Grants
  • Significant potential to grow Resources: Grants Resource is only one of many lithium rich pegmatites identified within Core’s large Finniss Lithium Project in the NT
  • Core Lodges Notice of Intent (NOI) to Develop the High-Grade Grants Lithium Deposit in the NT
  • Core recently signed deal with Liontown to acquire 50 adjacent pegmatite prospects with widespread spodumene related lithium mineralisation above 1% Li2O (including 42m @1.0%)
  • The high grade lithium intersections at BP33 represent some of the widest spodumene intersections ever drilled in the Northern Territory
  • Core valuation growth to reflect move from Explorer to Developer

Stock Exchange Listing: ASX:CXO

Stage of Production: Exploration

Commodity: Base metal | Uranium

Core Exploration (ASX:CXO) will be presenting their mining projects to prospective investors at Mines and Money Asia. Find out more