CXO 2.20% 9.3¢ core lithium ltd

Ann: Lithium Mineralisation at Ahoy, Ahoy East and Far West, page-2

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    LITHIUM MINERALISATION INTERSECTED AT AHOY, AHOY EAST AND FAR WEST PROSPECTS HIGHLIGHTS
     High grade lithium assays have been received from Core’s Phase 2 RC drilling program at the Far West, Ahoy and Ahoy East Prospects within the Finniss Lithium Project near Darwin in the NT
     Significant RC drill results include 12m @ 1.22% Li2O from 67m including 2m @ 1.94% Li2O from 73m at the recently discovered Ahoy East Prospect
     Core has successfully found spodumene mineralisation in 6 of the 7 pegmatite prospects drilled to date at the Finniss Project, including Grants, Far West, BP33, Hills, Ahoy, and Ahoy East
     Core has an expansive footprint of over 400km2 within the Bynoe field, with dozens of already mapped, but untested pegmatites, providing significant exposure to this emerging high grade lithium province
     High grade lithium results from Core’s 2016 drilling indicate that a high proportion of pegmatites in the Bynoe field are geologically fertile with spodumene mineralisation
     Further drilling results are expected to be received from the Far West and Grants prospects in February and March  Initial results from metallurgical test work to produce spodumene concentrates from Finniss expected over coming weeks
     The Company is well funded and will continue to aggressively explore and advance development assessment of its high grade lithium discoveries in 2017
 
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