Increased Ore Reserve Significantly Extends Finniss
Filed with ASX · · 74 pages · English
Summary by 6ix AI
Core Lithium Ltd has announced a significant increase in the Ore Reserves for its Finniss Lithium Project, which now supports a longer mine life. The updated reserves indicate a potential seven-year life of mine, with additional resources suggesting the project could sustain operations for nearly ten years.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Core Lithium
- Finniss Lithium Resource increased by over 50%
- Successful SPP Closed Early
- Placement and SPP alongside First European Offtake MOU
- Voluntary Suspension from Official Quotation
- Core Lithium Secures First European Offtake
Later from Core Lithium
- EIA at Grants Extended to 7 Years
- Final payment to LTR of $1.5m cash for Bynoe Acquisition
- Multiple rock-chips above 100g/t Gold at Adelaide River
- Core Lithium joins European Battery Alliance
- Additional gold prospects identified at Adelaide River
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