All tagged Core Exploration ASX:CXO
Emerging lithium developer Core Lithium (ASX: CXO) looks set to become Australia's first lithium producer outside of WA, after being awarded a mineral lease for its Finniss lithium project in the Northern Territory. A historic moment for both Core, the NT Government and the Northern Territory, the mineral lease was awarded three months earlier than expected, with the key regulatory milestone achieved in the lead-up to completion of a DFS for Finniss.
Emerging Australian lithium developer Core Lithium (ASX: CXO) has revealed its maiden Mineral Resource for the Sandras deposit, which has boosted the global Mineral Resource for the company's wholly-owned Finniss lithium project to about 6.3 million tonnes. This figure is expected to further increase over the coming weeks, as new Mineral Resource estimates are announced for Carlton, followed by Hang Gong and then Lees-Booths-Link.
Emerging lithium developer Core Lithium (ASX: CXO) says follow-up exploration drilling results from its Carlton and Hang Gong prospects have shown significant potential to expand and define more lithium resources at the Finniss project in the NT. As drilling assay results come to hand, Core will integrate those into current geological models with a view to estimating mineral resources for these prospects, plus Booths Lees. Management believes that may double the global mineral resource of Finniss.
Core Exploration (ASX: CXO) has dropped the "Exploration" from its name for "Lithium", reflecting the company's transition from explorer to producer of lithium in 2019. Core Lithium is on track to achieve first production at its Finniss Lithium Project in the NT by the end of next year, with a Definitive Feasibility Study on the project due out by the end of this month.
Emerging lithium producer Core Exploration (ASX: CXO) has received exploration results from drilling between its Lees and Booths prospects, which support the exploration model that the two prospects are geologically linked. All 10 holes contain at least one pegmatite intersection in the range of 6-23m thick.
Emerging lithium producer Core Exploration (ASX: CXO) has given its strongest indication yet of a significant definitive feasibility study for its Finniss lithium project, announcing today it had upgraded the lithium resource at the BP33 deposit by 51%. This has increased the size and average grade of the Finniss mineral resource to 5 million tonnes at 1.5% Li20. The DFS remains on track for completion later this month.
Nervous investors have been reluctant to support the junior end of the mining and exploration sector. But that has not deterred a raft of players from continuing to add value to their projects - and position themselves for the inevitable uptick in investor sentiment.
Emerging lithium producer Core Exploration (ASX: CXO) has revealed new exploration drill results from the Lees, Booths and Sandras prospects, along with a number of other prospects, all within the company's wholly-owned Finniss lithium project in the NT. The new results show the significant potential for Core to continue to expand and define substantial additional lithium resources at Finniss through exploration drilling.
Emerging lithium producer Core Exploration (ASX: CXO) has released its activities report for the three months to September, with the majority of the reporting period spent working on a number of initiatives aimed at further enhancing the value and potential of its wholly-owned Finniss lithium project near Darwin. Core is progressing a definitive feasibility study on the project, which is due to be released before the end of the year.
Emerging lithium producer Core Exploration (ASX: CXO) has released its latest corporate presentation to coincide with the company's participation at this years' Benchmark Cathodes conference in Los Angeles this week. With a Definitive Feasibility Study on the company's Finniss Lithium Project in the NT close to release and first production in sight for 2019, Core will showcase the potential of its high-quality project to the global stage.