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Home / Lithium / Core Lithium announces second rig is underway on mineral resource expansion drilling at the Finniss Lithium project, NT

Core Lithium

  • ASX: CXO
    • Li

Core Lithium announces second rig is underway on mineral resource expansion drilling at the Finniss Lithium project, NT

  • 20 October

Advanced lithium developer Core Lithium (ASX: CXO) is pleased to announce that the second diamond rig has commenced resource expansion drilling on the Finniss Lithium Project near Darwin in the Northern Territory.


HIGHLIGHTS: 

  • The second diamond drill rig has arrived and has commenced resource expansion drilling at Core’s Finniss Lithium Project.

  • Drilling is targeting open extensions of the Grants and BP33 orebodies to add to Core’s Mineral Resources and Ore Reserves and the potential to further increase Life of Mine at the Finniss Lithium Project.

Recent mine planning and resource assessment studies have highlighted valuable opportunities to further extend Mineral Resources and Ore Reserves at the Grants and BP33 deposits.

The 4,000m-5,000m resource expansion drilling program has commenced and is expected to be completed in November.

View full announcement

Fraser Beattie

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