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
I had to do a double take on the photo. The shadow of the blade made it look like the platform is supported in the air.