Announcement Date: 2022-09-27
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Core Lithium Ltd.
Project name: Finniss
Location: Australia
Commodities: Lithium
Highlight: Drilling results incl. 22.85m at 1.59% Li2O from 449.15m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Australian lithium miner, Core Lithium Ltd (Core or Company) (ASX: CXO), is pleased to provide a business update regarding mining operations and resource expansion activities at the Finniss Lithium Project (Finniss Project) near Darwin in the Northern Territory. Finniss Operations First DSO spodumene shipment via tender Preparations are underway for Core’s first shipment of Direct Ship Ore spodumene from the Finniss Project before year end 2022. Due to the high level of interest in Finniss ore, the shipment will be sold via a tender process using a digital exchange platform. First ore mined from Grants Pit First spodumene ore was uncovered at Grants on 15 September 2022. The crushing and screening plant is on track for commissioning ahead of the DSO sale. A nightshift has been implemented to accelerate construction of the Dense Media Separation (DMS) plant which is on track to support spodumene concentrate production in H1 2023.
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