Carlton was always going to play a big role in CXOs expansion aspirations so if stu360 update is correct,this could be a company changing announcement in the making.Article is from the beginning of the year.
New high-grade lithium intersections to add to Mineral Resource at Carlton: Core Lithium
Advanced Australian lithium developer Core Lithium (ASX: CXO) has announced new high-grade spodumene pegmatite intersections that are expected to expand the Mineral Resource at Carlton Prospect.
- 23 January
HIGHLIGHTS
The expanding lithium Mineral Resource at Carlton is currently being considered for addition to the development schedule and should add significant mine-life to the Finniss Lithium Project, located near Darwin in the Northern Territory.
- New high-grade lithium results received from all completed drillholes at Carlton
- High-grade lithium intersections outside the current Mineral Resource include:
- 35m @ 1.32% Li2O (NRC151)
- 14m @ 1.40% Li2O and 8m @ 1.37% Li2O (NRC154)
- 23m @ 1.12% Li2O and 32m @ 1.52 % Li2O(NRC156)
- Including 5m @ 2.69% Li2O
- 13m @ 1.02% Li2O and 24m @ 1.08% Li2O (NRC157)
- 27m @ 1.24% Li2O (NRC158)
- Including 4m @ 2.28% Li2O
- 14m @ 1.22% Li2O (NRCD004)
- At least two spodumene pegmatite bodies confirmed at Carlton
- Carlton open along strike to the south and at depth – most southern drillholes intersected 13m @ 1.02% Li2O, 24m @ 1.08% Li2O, 23m @ 1.12% Li2O and 32m @ 1.52% Li2O
- Carlton has obvious potential to continue to expand in size beyond the extent defined by current drilling
- Significant Mineral Resource expansion to be announced at Carlton this Quarter
- Maiden Ore Reserve at Carlton to contribute significantly to an expanded mine life at Finniss Lithium Project
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