CXO 0.00% 10.5¢ core lithium ltd

Ann: Trading Halt-CXO.AX, page-44

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  1. 509 Posts.
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    From the announcement regarding Zola on 23 June, it looks like drilling could be sooner rather than later:
    Next Steps
    Although there has been substantial costeaning of the large pegmatite swarm for tin and tantalum the potential of the area for lithium pegmatite mineralisation has clearly not yet been adequately explored and tested.
    Core has already commenced mapping and sampling the Zola Pegmatite to improve our understanding of its potential to host lithium mineralisation.
    Also there is little doubt that additional mineralised pegmatites, concealed beneath thin laterite cover, occur on extensions of the trend north and south of the known mineralisation within the Zola Pegmatite. A 26 Gray Court, Adelaide SA 5000 | T (08) 7324 2987 | E [email protected] www.coreexploration.com.au
    Core is continuing sampling and exploration of pegmatites in the Finniss Lithium Project to define and prioritise drilling of potential targets. Drill applications have already been lodged by Core to enable Core’s planned drilling program to commence as soon as possible next Quarter.
 
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