It’s worth noting that $25m of exploration spend is underway….
From the April 18th press release.
“Expanded 2023 drilling campaign targeting further significant Resource growth has commenced”
SkyRain comment – we’ve had 3 months of drilling according to this press release…. so quite a few results should be incoming around about now
“The Bynoe Pegmatite Field (Bynoe) is situated 15km south of Darwin and extends up to 70km in length and 15km in width. Bynoe consists of up to 100 known pegmatites, with individual pegmatites varying in size from a few metres wide and tens of metres long, to up to tens of metres wide and hundreds of metres long.”
SkyRain comment – this is very impressive strike length. Exploration upside here should not be overlooked. Think AZS….
“An extensive drilling campaign has commenced which aims to deliver further mineral resource expansions and provide options for future development and expansion at Finniss. Core has recently appointed a Study Manager to identify and study potential mining options and deposit sequencing from our exploration program results with a view to the establishment of a clear growth pipeline at Finniss. Carlton and the Northern Area of Finniss will be an initial focus. The Company will soon commence Ambient Noise Tomography (ANT) geophysical surveys specifically designed to identify large blind pegmatite bodies within the fertile corridor of spodumene-bearing pegmatites. Drill testing of these targets is expected to occur in the second half of 2023 as part of the expanded $25 million program planned for this calendar year. Fieldwork on Core’s other lithium projects at Shoobridge and Anningie-Barrow Creek is also scheduled to commence in coming months.”
SkyRain comment – I see scope for exploration success that may surprise the market.
- Forums
- ASX - By Stock
- Banter and general comments
It’s worth noting that $25m of exploration spend is...
-
- There are more pages in this discussion • 10,083 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXO (ASX) to my watchlist
|
|||||
Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $235.0M |
Open | High | Low | Value | Volume |
10.5¢ | 11.5¢ | 10.0¢ | $3.029M | 27.71M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 374502 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 3715512 | 56 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 87000 | 0.110 |
26 | 2897896 | 0.105 |
74 | 4414169 | 0.100 |
5 | 224070 | 0.099 |
6 | 310408 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 3078907 | 44 |
0.120 | 1236677 | 30 |
0.125 | 764486 | 15 |
0.130 | 783906 | 18 |
0.135 | 942802 | 15 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |