New Magnetic Survey Adds Sizeable Targets to Large Scale Lithium Rich Ringwood Pegmatite Swarm
HIGHLIGHTS
New magnetic survey has identified potential extensions to known pegmatites and new pegmatite targets at the large scale Ringwood Prospect
Individual pegmatite targets at Ringwood potentially up to 1.5 km long and 100 m wide
Lithium potential of Ringwood confirmed by geochemical surveys which have found lithium in soil anomalies that correlate with pegmatite outcrops mapped by Core, along with rock chip samples assaying up to 3.1% Li2O
A predictive model for finding pegmatites has now been developed by Core from the integration of the new magnetic survey data at the Finniss Lithium Project and will be utilised for the 2017 drilling program Drilling to re-commence at Finniss Lithium Project during the current quarter as the wet season comes to an end
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