Core Lithium Logo

Broad High Grade Lithium Intersections Extend BP33

Advanced Australian lithium developer, Core Lithium Ltd (Core or Company) (ASX: CXO), is pleased to provide an update on exploration activities and results from the Finniss Lithium Project (Finniss Project) near Darwin in the Northern Territory.


Highlights

  • Broad and high-grade lithium intersections continue to be delivered at the Finniss Lithium Project near Darwin in the NT
  • Two recent deep diamond drill holes at BP33 have produced high grade spodumene-rich intersections including:
    • 57.35m @ 1.83% Li2O in NMRD016
    • 51.0m @ 1.63% Li2O in FRCD023
  • Significant southern extension to spodumene bearing pegmatite at BP33 identified in additional reverse circulation and diamond drilling
  • Intersections outside of the current Mineral Resource at BP33 expected to deliver substantial extensions
  • Further drilling planned at BP33 for the coming field season
  • Expanded exploration and resource drilling to recommence and ramp-up in early Q2 2022 across the Finniss Project
This update provides results and assays for drilling undertaken at the BP33 deposit throughout the 2021 field season. Drilling included deep mineral resource extensional drilling below existing BP33 mineralisation, as well as two diamond holes drilled to collect samples for variability metallurgical testwork and a small program of reverse circulation (RC) drilling to test for a southern extension to the pegmatite hosting mineralisation at BP33.

This article includes content from Core Lithium, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

CXO:AU
The Conversation (0)
A locked gate.

Sigma Lithium Temporarily Halts Operations in Brazil

Sigma Lithium (TSXV:SGML,NASDAQ:SGML) announced a temporary suspension of all mining and industrial production at its operations in Brazil, citing an "atypical 15-day delay" by the Federal Court of Appeals in reviewing the company’s emergency legal defense against an environmental injunction.The... Keep Reading...
Gina Rinehart, executive chair of Hancock Prospecting, stands in front of cherry blossom trees.

Inside Billionaire Gina Rinehart's Key Mining Investments

Australian billionaire Gina Rinehart has become a formidable force in the global mining industry. After taking the helm of her father’s iron ore firm Hancock Prospecting in 1992, she embarked upon a diversification strategy that has vastly expanded her resource empire. Now Australia’s richest... Keep Reading...
Argentinian flag waving on a pole against a clear blue sky, displaying a sun emblem in the center.

Lithium Argentina Closes US$180 Million Ganfeng Expansion Deal

Lithium Argentina (TSX:LAR,NYSE:LAR) closed a US$180 million investment from Ganfeng Lithium (HKEX:1772,OTCPL:GNENF) this week (September 15) to fund the expansion of its South American operations.Ganfeng structured the capital injection as an unsecured convertible note carrying a 4.0 percent... Keep Reading...
battery on top of stocks graph.

CATL Suspends China’s Top Lithium Mine on Permit Loss

Contemporary Amperex Technology (SZSE:300750,HKEX:3750) (CATL) has placed its Jianxiawo lithium mine back on care and maintenance after Chinese regulators revoked the site’s environmental approval, indefinitely stalling the country’s largest lithium operation by capacity.According to a report by... Keep Reading...
Lithium batteries and wires with lithium periodic symbol and rocks on a dark surface.

Smackover Lithium and LG Energy Ink Decade-Long Supply Agreement

LG Energy Solution (KRX:373220) signed a binding 10 year take-or-pay agreement to secure 80,000 metric tons (MT) of battery-grade lithium carbonate from Smackover Lithium.Total supply volume will provide enough cathode material to produce batteries for approximately 1.8 million high-performance... Keep Reading...
Rapid Critical Minerals logo

Webbs Silver: 300M Expansion, 3rd Rig Added!

Rapid Critical Metals Limited (ASX: RCM, RCMO) (“Rapid” or “the Company”) is pleased to announce a standout set of silver assay results from the ongoing drilling program at its 100%-owned Webbs Silver Project in northern New South Wales (Webbs or the Project), headlined by 4m at 1,230 g/t AgEQ... Keep Reading...

Interactive Chart

Latest Press Releases

Related News