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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