New Ore Reserve Increase Significantly Extends Finniss Project Life
Advanced Northern Territory lithium developer, Core Lithium Ltd (ASX: CXO) (Core or
Company), is pleased to announce a significant increase in the Ore Reserves and, as a
result, Life of Mine (LOM) for the Company’s wholly owned Finniss Lithium Project in the
Northern Territory (Finniss Project).
Total Ore Reserves now stand at 5.7 million tonnes (Mt), which supports a 7-year LOM
assuming open pit mining methods at the Grants deposit and underground mining
methods at the BP33 and Carlton deposits (Table 1).
New Ore Reserve Increase Significantly Extends Finniss Project...
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