Update from another company and in the NT
26March 2020
Highlights
•Core’s short-to-medium-term objectives are currently not anticipated to be significantly impacted by COVID-19;
•Majority of near-term milestones, including Mineral Resource estimate upgrade, updated mine plan and updated Feasibility Study, not reliant on field work;
•Core’s Asian partners and strategic investors are beginning to return to normal following Chinese New Year and local response to COVID-19;
•Core is advancing discussions with additional potential offtake and financing partners;
•Core has commenced engagement with the Federal Government’s newly established Critical Minerals Facilitation Office;
•Core is well capitalised with cash on hand of $4 million at 31 December 2019;
•Core is able to fund existing key milestones and deliver a construction and finance ready project in 2020.
