2018 Exploration and Lithium Resource Drilling Commences
Filed with ASX · · 4 pages · English
Summary by 6ix AI
Core Lithium Ltd has announced the commencement of its exploration and resource expansion drilling programs at the Finniss Lithium Project, as detailed in the filing on page one. The company plans to utilize four drill rigs for this major exploration initiative over the coming months, with the first rig already operational near Grants Resource, as noted on page one. The drilling aims to significantly increase the lithium resources at Finniss, which currently covers a substantial area with numerous pegmatites yet to be tested, according to page two. Core is also finalizing a Pre-Feasibility Study for the development of the Grants Deposit, expected to be completed soon, as mentioned on page two.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Core Lithium
- Maiden Resource Estimate at BP33
- Grants Lithium Resource Upgrade
- Placement to Yahua to Advance Finniss Lithium Project
- Exploration Development Incentive
- Quarterly Activities and Cashflow Report 31 March 2018
Later from Core Lithium
- Positive Pre-Feasibility Study
- Extensions to Grants Intersected in New Exploration Drilling
- New High-grade Assay Results - Grants Lithium Resource
- Non-Binding Term Sheet with Lithium Major
- Quarterly Activities and Cashflow Report 30 June 2018
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