Core Lithium recaps on busy June quarter

Core Lithium recaps on busy June quarter

Advanced Australian lithium developer Core Lithium (ASX: CXO) has released its June quarter activities report, rounding up a busy and progressive period for the company.


During the June quarter, Core was focused on a number of initiatives aimed at further enhancing the value and potential of its wholly-owned Finniss Lithium Project, located near Darwin in the Northern Territory.

HIGHLIGHTS

·       Definitive Feasibility Study released for the Finniss Lithium Project confirming the potential for a highgrade, low capex and low-cost operation;

·       Finniss Project Mineral Resource grown to 9.6 million tonnes, including an initial estimate for the Lees deposit;

·       $8.125 million lithium royalty agreement reached with Lithium Royalty Corporation;

·       Oversubscribed $3.3 million Share Purchase Plan completed;

·       Positive Assessment Report on Finniss from the NTEPA delivered to the NT Government;

·       Lithium concentrate offtake commitment with Yahua increased by 50%; and

·       Expressions of interest received from several parties for fine lithium product from Finniss.

Northern Minerals provides June quarter report

Northern Minerals provides June quarter report

Australian Mines releases June qtr report

Australian Mines releases June qtr report