CXO to buy RAS - Tick Tock, page-7

It will be extremely interesting to see how things play out when Core starts to have the cash to be expanding.

Many of the areas around Core's existing holding are now appearing in listed companies. This post looks to understand these. I've got a good-sized holding in Core but none of the other plays. To be honest, I've got no idea how it will pay out but Core certainly has some options and as @Resolute7 notes, one or more of these may well partner with Core in some way (or be taken over).

CHR: Charger
First there was CHR who control the donut hole where Core is the outside and also two spots in the middle. Charger most recent announcements however relate to drilling at Lake Johnson rather than drilling this area near Core.


LPM: Lithium Plus
Then there is LPM. They have the area to the upper left of Core and a slice to the lower right and are taking a punt that the Bynoe field extends further down to the south west. They also have some tenement area around Barrow Creek. The absence of good results from Annie reduced the need to acquire the strip of land to the south of BP33 and east of Ah Hoys/Annie.



RAS: Ragusa
As per the title of this thread there's RAS. They are also taking a punt that the Bynoe field extends further to the south-south west, and more recently further south still. The southern Lithium plus areas also start appearing on the RAS maps so both companies see potential in this area.


What has Core done
At this stage, Core has taken up the tenements inside Charger's space. This also secured all the area around Bilatos which looks to extend beyond the tenement into Core's already held area. As above, the little grey strip to the right is also explained.

Core recently acquired Shoobridge EL, so that's a guess more towards the SW than south. I haven't seen anything around the second Core block that is between the Bynoe field and Shoobridge. Core's maps do clearly have the Bynoe Pegmatite District extending south of existing holdings.


What CCZ didn't acquire
Last year CCZ had an option on the area to the right of Core's Grants/BP33 etc tenements. CCZ did some sampling but I think they decided not to proceed with the option. That means the existing holders still have it and if sensible a bunch of rock chip/soil sample results. This area may reappear sometime as a part of a float, combined with other nearology play's.