CXO 9.09% 12.0¢ core lithium ltd

20th October 2016 Further High Grade Lithium Intersections...

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    20th October 2016
    Further High Grade Lithium Intersections Finniss Lithium Project
    HIGHLIGHTS
     Additional high grade lithium assays have been returned in new results from Core’s maiden drilling program at the Finniss Lithium Project
     New assay results from the Finniss Lithium Project include:
    o 40m @ 1.66% Li2O from 58m (FRC018) at Grants Prospect, including:
     10m @ 2.02% Li2O from 65m
     5m @ 2.05% Li2O from 84m
     1m @ 3.23% Li2O from 85m
    o 31m @ 1.61% from 68m (FRC017) at Grants Prospect, including:
     4m @ 2.01% from 83m
    o 19m @ 0.68% Li2O (FRC014) at Ahoys Prospect
     Previous results from Core’s maiden drilling program at the Finniss Lithium Project include:
    o 49m @ 1.78% Li2O from 71m (FRC007) at Grants Prospect
    o 34m @ 1.60% Li2O from 71m (FRC003) at BP33 Prospect
     These additional significant spodumene intersections together with the previous high grade results from multiple prospects confirm Core’s Finniss Lithium Project as a major new lithium discovery
     Results from Core’s maiden drilling program will be used to prioritise the appraisal of more than 10 pegmatite prospects within Core’s Finniss Lithium Project
     Current aggressive drilling program at Finniss will continue until the start of the upcoming wet season, expected in late November
     Update on initial diamond core drilling at Finniss expected next week
 
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