Core Exploration Ltd: Investor Presentation - Finniss Lithium Project
![Core Exploration Ltd: Investor Presentation - Finniss Lithium Project](https://www.minenportal.de/media/goldseiten-news.jpg)
OFFTAKE AND MINING APPROVALS FINNISS LITHIUM PROJECT
- 1,000,000t Binding Offtake Agreement and $2M placement to Yahua recently completed
- US$20 million prepaymentfacility secured with Yahua (one of China's largest lithium producers)
- Mining Lease Application lodged for development of Grants Lithium Resource
- Grants DSO Mining and Concentrate Processing Approvals Commenced
- HOA with Darwin Port for export
- Preliminary Feasibility Study (PFS) underway to be delivered Q1 2018 -targeting first production mid 2019
- Core has established one of the Highest Grade Lithium Deposits in Australia near Darwin in the NT
- Resource Upgrade at Grants Q1 2018 and significant potential to grow Resources near Darwin
- 54m @ 1.4% Li2Oat nearby BP33 and3 drill rigs active on adjacent recently acquired Bynoe Project
- Core valuation growth to reflect move from Explorer to Developer
To view the full presentation, please visit:
http://abnnewswire.net/lnk/0RTWS2BU
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