Australian lithium developer Core Lithium (ASX: CXO) has announced that exploration drilling will soon commence at two new exciting pegmatite prospects within the Finniss Lithium Project near Darwin in the NT.
· Exploration at Finniss finds two new exciting pegmatite prospects
· Hendersons West Prospect
· Located 2,000m from Grants
· 240m long and up to 25m wide at surface
· McGrants Prospect
· Located 700m from Grants
· 150m long and up to 12m wide at surface
· These new Spodumene Pegmatite Targets to be tested with RC drilling in coming weeks
Two new pegmatite prospects have been advanced to the stage of deep RC drill testing. These prospects were discovered during the course of Core’s 2019 regional exploration program on the Finniss Project.
Hendersons West prospect is located within 2km of Grants and has been mapped using shallow auger drilling. Shallow drill testing indicates that the pegmatite is likely to be mineralised at depth.
McGrants lies only 700m west of Grants and was discovered after follow-up of soil anomalies and regional RAB drill traverses. RC drilling of these two exciting spodumene pegmatite targets is planned to commence in coming weeks.
Core also continues to undertake regional exploration via conventional mapping, auger mapping, RAB traversing, soil sampling and ultimately RC drill testing across the larger Finniss Lithium Project area.