CXO 4.30% 9.7¢ core lithium ltd

Ann: Exploration Further Boosts Finniss Lithium Project Potential, page-3

  1. PZ.
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    • New high-grade lithium spodumene intersections from Sandras and Lees
    prospects demonstrates the potential to continue to expand the existing
    Mineral Resource base at the 100% owned Finniss Lithium Project;
    • Updated Mineral Resource estimate expected from BP33 in the week ahead;
    • Maiden Mineral Resource estimate expected for the Sandras Prospect in
    November;
    • High grade lithium spodumene intersections at Sandras Prospect include:
    o 24m @ 1.02% Li2O from 177m (SRC017) including;
    ▪ 2m @ 2.04% Li2O from 182m
    • High grade lithium spodumene intersections at Lees Prospect include:
    o 11m @ 1.66% Li2O from 122m (NRC037) including;
    ▪ 8m @ 1.56% Li2O from 117m (NRC034)
    • A possible link between Lees and Booths prospects has been recognised
    and, if supported by future drilling, will improve the prospectivity of this
    area;
    • Results expected throughout remainder of 2018 from continuing
    exploration drilling programs across multiple prospects within Finniss.
 
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