Core Lithium LtdASX: CXO

2018 Exploration and Lithium Resource Drilling Commences

· Issued by Core Lithium Ltd

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

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