NT Lithium Projects Presentation
Adelaide, April 5, 2016 AEST (ABN Newswire) - Core Exploration Ltd (
ASX:CXO) are pleased to provide the latest Company Presentation regarding is NT lithium projects.
Lithium Demand
The price of lithium has surged on the back of growing global demand for high-tech devices, storage batteries and electric cars.
Both those commodities (lithium carbonate and lithium hydroxide) have had a very significant price rise since late in 2015.
WHY INVEST IN CXO:
- Largest tin tantalum pegmatite mine in the NT and strong tenement portfolio of lithium-rich pegmatites
- Lithium : surging demand and tight supply
- CXO's EV of ~$7M is currently multiples below peer ASX lithium explorer valuations (refer slide 7)
- CXO's Finniss Lithium Project includes the largest tin tantalum mine in the NT that has similar history to Greenbushes and high potential for lithium grades
- Core has moved early to build dominant positions in multiple pegmatite NT fields
- Core sufficiently funded for active field evaluation and sampling of prospective pegmatite mines that is currently underway
- Lithium assays and continued news flow over coming months to confirm and build potential of Core's substantial position in the NT
To view complete presentation, please visit:
http://abnnewswire.net/lnk/EPD847N3
About Core Lithium Ltd
Core Lithium Ltd (ASX:CXO) is an Australian hard-rock lithium company that owns the Finniss Lithium Operation on the Cox Peninsula, south-west and 88km by sealed road from the Darwin Port, Northern Territory. Core's vision is to generate sustained shareholder value from critical minerals exploration and mining projects underpinned by strong environmental, safety and social standards.
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