Core Lithium

We invite our shareholders to read our Annual Report for 2024, where we provide valuable insights into the company’s journey over the past financial year. Despite the challenges posed by a sharp drop in lithium prices, Core Lithium has demonstrated resilience and a strong commitment to our long-term strategy. In January 2024, we made the tough but necessary decision to pause mining at our Finniss operation in order to safeguard the company’s future, while still maintaining a robust balance sheet with no debt at the end of FY24.   Looking ahead, our key goals for FY25 include progressing our restart studies for the Finniss operation, streamlining our business costs, and continuing to expand our resource base. Throughout these challenging times, Core has maintained a steadfast commitment to safety, sustainability, and strong collaboration with local stakeholders in the Northern Territory.   We invite all shareholders to read the full 2024 Annual Report to understand our performance over the past year and our vision for the future. Read the full report here: https://bit.ly/3XK2kyd   Paul Brown James Virgo Greg English   #CoreLithium #CXO #Lithium #ASX #Mining #NorthernTerritory #ShareholderUpdate 

We are pleased to share a key update on the Finniss Lithium Project, with a 223% increase in the BP33 Ore Reserve to 8.7Mt @ 1.38% Li₂O, providing a foundation for our ongoing restart studies.    🔹 BP33 Update: The reserve growth at BP33 is integral to our future strategy, contributing to a projected 9.5-year operational life at the current 1Mtpa processing capacity. 🔹 Grants Open Pit Update: The Grants open pit has been reduced to 0.6Mt @ 1.40% Li₂O, reflecting mining depletion and operational adjustments.  🔹 Simpler and Sustainable: The 9.3Mt Ore Reserve is supported by our current focus on BP33 and Grants, supporting a simpler, lower-cost, and more sustainable platform for future growth.    Our CEO, Paul Brown, commented:  "The updated Ore Reserve for our lithium assets around Finniss in the Northern Territory represents the next step in the reset of our future operating strategy. This estimate reflects the changes in lithium market conditions since our last Ore Reserves update and is consolidated around the high-grade BP33 deposit. The Ore Reserve for BP33 has more than doubled, underpinning a projected life of over nine years at the currently installed processing capacity.   This new Ore Reserve supports our strategy for a simpler, lower-cost, and more sustainable operating platform for Core Lithium. Restart studies are progressing to develop the execution plan."   Read the full announcement here: https://bit.ly/4gCsI5y   #CoreLithium #CXO #Lithium #ASX #Mining #FinnissProject #Lithium #Mining #NorthernTerritory

We’re pleased to share an update on the ongoing exploration activities at Core Lithium’s 100%-owned Shoobridge Project, located ~160km south of our Finniss lithium processing plant in the Northern Territory.   Key Highlights: 🔹Completion of a successful drilling program targeting both lithium and known gold deposits. - Significant gold mineralisation intersected, with a standout intercept of 2m @ 12.9g/t Au from 54m at Mount Shoobridge. 🔹Promising lithium mineralisation of up to 1.41% Li₂O at Barretts and tin of up to 3.52% SnO₂ at China Hill, reinforcing Shoobridge’s multi-commodity potential. 🔹Expanded drilling program planned, targeting a maiden gold JORC Mineral Resource Estimate, with more high-grade targets to explore. 🔹Final drill results expected later this month, alongside further ground-based targeting work.   Our CEO Paul Brown commented:  "Shoobridge is a prime example of the multi-commodity potential that exists across our Northern Territory exploration projects. Our exploration program will remain weighted towards lithium targets within trucking distance of our Finniss infrastructure. However, demonstrating the potential to find a high-grade gold deposit provides us with optionality in this strong gold price environment. Shoobridge is one of several areas that will be advanced in the current field season, with gold and lithium targets currently being tested closer to Finniss. We look forward to keeping shareholders updated on our progress in the weeks and months ahead."   Read the full announcement here: https://bit.ly/3XrVBbX   #CoreLithium #CXO #ShoobridgeProject #Lithium #ASX #Mining #BatteryMetals #NorthernTerritory

Strategic Investment Update: Core Lithium Acquires Stake in Charger Metals and Bynoe Project   We are pleased to announce a strategic investment in Charger Metals and the Bynoe Lithium Project, further strengthening our position in the lithium sector.   Key Highlights: 🔹Acquisition of 7.6 million Charger Metals shares from Lithium Australia, representing 9.8% of Charger’s issued shares. 🔹 Purchase of a 30% free-carried interest in the Bynoe Lithium Project, strategically located near Core’s Finniss Project infrastructure. 🔹 This investment aligns with our commitment to expand exploration efforts within trucking distance of our existing processing facilities.   Our focus is on enhancing our lithium portfolio and driving value for our shareholders through strategic, long-term investments. Completion of the purchase of the Charger Shares is to occur before 20 September 2024.   Read the full announcement here ➡️ https://bit.ly/3AV0pil   #CoreLithium #CXO #BynoeProject #Lithium #ASX #Mining #BatteryMetals #FinnissProject #StrategicInvestment

We are pleased to provide an update on the progress of our 100%-owned Napperby Uranium Project in the Northern Territory, an integral component of our FY25 exploration program.   Key Highlights: 🔹The approvals process is currently underway for resource extension drilling at Napperby, which contains a JORC Mineral Resource of 8.03Mlb U₃O₈ within approximately 6km of an estimated 20km prospective paleochannel system. 🔹Recent geophysical surveys have identified additional multi-commodity targets within the project area, which will be advanced in parallel with our uranium exploration activities. 🔹 The Napperby exploration is part of Core Lithium’s broader focus on low-cost target generation and resource extension across lithium, gold, uranium, and other critical minerals.   Commenting on the update, our CEO, Paul Brown, stated: “Napperby is one of the few uranium projects with an existing Mineral Resource located in a jurisdiction favourable to uranium mining in Australia. When combined with the significant exploration potential within the known paleochannel system, there is potential to grow and ultimately realise value from Napperby as uranium becomes an increasingly important part of the global energy transition.   We plan to extend the current uranium Mineral Resource at Napperby through targeted drilling when we receive the necessary approvals. This will proceed in parallel with field investigations into potential for other minerals within the tenement which have seen minimal previous exploration.   As drilling continues at our Finniss lithium project in support of our restart studies, we will continue to progress opportunities like Napperby where we believe we can create value for Core shareholders through low cost, targeted exploration in prospective areas.”   Read the full announcement here ➡️ https://bit.ly/4e4tAhl   #CoreLithium #CXO #Exploration #Mining #EnergyTransition #Minerals #NorthernTerritory

We’re pleased to announce that following the completion of our maiden drilling program at Shoobridge, we are commencing drilling at various high-priority targets within our 100%-owned Finniss Lithium Project, just 88km south of Darwin, NT.   Key Highlights: 🔹The Shoobridge drilling program was successfully extended with four additional holes completed. 🔹Drilling at Finniss is focused on expanding our lithium resources, specifically targeting new discoveries within trucking distance of the Grants processing infrastructure. 🔹Core controls approximately 500km² of the highly prospective Bynoe pegmatite field, with significant exploration upside expected. 🔹First assay results from Shoobridge are anticipated in September, with Finniss results due in the last quarter of CY24.   This next phase in our FY25 exploration program will explore less developed areas, with the potential of building on the updated Mineral Resource Estimate released in April 2024, which currently stands at 48.2Mt @ 1.26% Li₂O.   Our CEO, Paul Brown, commented: “Following the conclusion of drilling at Shoobridge, we are now moving into the next phase of our FY25 exploration program. Drilling at Finniss will target areas that have not been extensively explored, outside the more developed targets at Grants and BP33. The FY25 targets are within trucking distance of the Grants processing infrastructure and are located in a field with extensive historic tin-tantalum workings. Whilst operations at Core’s processing infrastructure are being maintained in a restart-ready state, Core is taking the opportunity to add to the substantial Resources at Finniss.   Read the full announcement here ➡️ https://bit.ly/4fPODWB   #CoreLithium #CXO #Lithium #Exploration #Mining #FinnissProject #Shoobridge

Our CEO, Paul Brown, recently presented at the Diggers & Dealers Mining Forum, sharing key updates on our strategic direction, healthy financial position and our established lithium assets in the Northern Territory. With $87 million in cash, no debt, and a proven logistics chain, we're well-positioned to capitalise on future market opportunities. Don't miss the full recording to hear more about our plans for the future and our commitment to driving shareholder returns.   Watch the full presentation here ➡️ https://bit.ly/3LUpnki #CoreLithium #CXO #DiggersAndDealers2024 #Lithium #Mining

Tune in today at 2:45pm (AWST) to watch our CEO, Paul Brown present at the Diggers & Dealers Mining Forum ✅ If you can’t be there on the day, you can watch the live stream here ➡️ https://bit.ly/3SsfQEu Join us to learn more about our plans for Finniss and our other exploration projects! #CoreLithium #CXO #DiggersAndDealers2024

Core Lithium is delighted to share the latest community newsletter on our Finniss Lithium Operation. Learn more about the latest developments from our CEO, Paul Brown, and our ongoing commitment to community support and environmental management.🌱🤝 Read it here ➡️ https://bit.ly/4dvAbB7 #CoreLithium #CXO #CommunityUpdate

Core Lithium is attending the Diggers & Dealers Mining Forum 2024 - our CEO, Paul Brown, will present on Wednesday, August 7th, at 2:45 PM (AWST) ✅   If you can’t be there on the day, you can watch the live stream here ➡️ https://bit.ly/3SsfQEu   Paul will be talking about our business and intention to keep our Finniss Lithium Operation in the Northern Territory in a state of operational readiness as we assess the potential for a future restart. Finniss is located just 88 km from Darwin Port and has access to one of the best logistics chains for a lithium mine in the country.   Join us to learn more about our plans for Finniss and our other exploration projects!   #CoreLithium #CXO #DiggersAndDealers2024 #Lithium #Mining