Quarterly Activities Report
Adelaide, April 29, 2016 AEST (ABN Newswire) - The Board of Core Exploration Ltd (
ASX:CXO) is pleased to present its Quarterly activities report for the Period ended 31 March 2016.
Core has built a dominant position over lithium rich pegmatite fields of the Northern Territory ("NT") during the reporting period.
Building on Core's skills and experience in the NT, Core moved early to secure the NT's largest historically producing tin tantalum mine and also acquired the rights to 25 smaller pegmatite mines within the Finniss Lithium Project.
In the large Arunta Pegmatite Province, Core has tenement applications covering over 2,500 square kilometres around the Anningie and Barrow Creek tin tantalum pegmatite fields that are highly prospective for lithium.
Field evaluation and assessment of numerous historically producing pegmatite mines are underway with results expected during the current quarter.
Core has a current cash position of $2.9M.
To view the complete report, please visit:
http://abnnewswire.net/lnk/3DE39374
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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