Core Exploration Ltd.: Quarterly Activities Report for 31 March 2016
02.05.2016 | ABN Newswire
Adelaide, Australia - The Board of Core Exploration Ltd. (ASX:CXO) is pleased to present its Quarterly activities report for the Period ended 31 March 2016.Core has built a dominant position over lithium rich pegmatite fields of the Northern Territory ("NT") during the reporting period.
Building on Core's skills and experience in the NT, Core moved early to secure the NT's largest historically producing tin tantalum mine and also acquired the rights to 25 smaller pegmatite mines within the Finniss Lithium Project.
In the large Arunta Pegmatite Province, Core has tenement applications covering over 2,500 square kilometres around the Anningie and Barrow Creek tin tantalum pegmatite fields that are highly prospective for lithium.
Field evaluation and assessment of numerous historically producing pegmatite mines are underway with results expected during the current quarter.
Core has a current cash position of $2.9M.
To view the complete report, please visit:
http://abnnewswire.net/lnk/3DE39374
About Core Exploration Ltd:
Core Exploration Ltd. (ASX:CXO) aims to grow shareholder value through the exploration for and discovery of commercially robust base metal and uranium deposits in South Australia and the Northern Territory. Core Exploration's projects have been carefully acquired in geology which hosts world-class mines and within some of the most prospective geological terrains for base metals and uranium in Australia.
Contact:
Stephen Biggins, Managing Director
Core Exploration Ltd.
T: +61-8-7324-2987
E: info@coreexploration.com.au