• The Napperby Uranium Resource has been re-estimated to 2012 JORC CodeInferred
Mineral Resource of 9.54Mt at 382ppm U3O8 for 8.03 Mlb of
contained U3O8 (at a 200 ppm U3O8 cut-off)
• New Mineral Resource estimate reflects an improved grade and increased
contained uranium from the historic 2004-JORC Resource
• Napperby is one of the few undeveloped uranium deposits in Australia
within a favourable jurisdiction where uranium is currently produced
• Significant potential remains to grow Napperby through further drilling of
the immediately surrounding mineralisation
• In addition, there is substantial potential for additional uranium
mineralisation within Core’s large 714 km2 prospective project area at
Napperby
• Core has been contacted by multiple parties expressing interest in
Napperby, and will assess various avenues to maximise the value to Core
shareholders, whilst our focus remains on the development of the Finniss
Lithium Project
• Uranium spot price has increased by 35% over past year as new reactor
builds come on-line globally
• Innovative ore processing technologies are improving economics of similar
uranium projects in Australia and Africa
CXO Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)