Adelaide, Feb 22, 2017 AEST (ABN Newswire) - Core Exploration Ltd (ASX:CXO) is pleased to provide the Company's latest Finniss Lithium Project Presentation at RIU Conference and Investor Briefings Perth.

WHY INVEST IN CXO

- Multiple Thick High Grade Spodumene intersections from a number of prospects in 2016 drilling confirms Finniss Lithium Project near Darwin as a significant new lithium discovery

- $8M cash, no debt -well funded to fast-track early stage development

- Core owns 100% the largest lithium tenure in the NT including, the highest grade intersections, largest pegmatite mine and largest spodumene pegmatite target

- Finniss has the grade, potential scale and infrastructure to compare with the best lithium projects under development

- Potentially the best logistics chain to China of any Australian Lithium Project

- CXO Market Cap of ~$32M (EV$24M) with significant upside as Finniss Lithium Project advances

- Napperby Uranium Deposit Recently Secured by Core

FINNISS 2016 LITHIUM DRILLING RESULTS

- Core's first drill program at the Finniss Lithium Project in NT has hit multiple broad zones of high grade lithium at a number of prospects confirming Finniss Project as a major new lithium discovery.

- Recent RC drill results from Finniss are comparable to some of the best in the world and include:

38m @ 1.49% Li2O from 71m (FRC003) at BP33, including:
7m @ 2.02 % Li2O from 79m

49m @ 1.78% Li2O from 71m (FRC006) at Grants, including:
9m@ 2.05% Li2O from 110m

40m @ 1.66% Li2O from 58m (FRC0018) at Grants, including:
10m @ 2.02% Li2O from 65m

45m @ 1.57% Li2O from 62m (FRC030) at Far West, including:
8m @ 2.48% Li2O from 88m

59m @ 1.45% Li2O from 79m (FRC031) at Grants, including :
3m @ 2.12% Li2O from 86m

55m @ 1.42% Li2O from 66m (FRC033) at Grants, including :
4m @ 2.18% Li2O from 93m

42m @ 1.60 % Li2O from 130m (FRC037)at Grants, including :
including 6m @ 2.14% Li2O

53m @ 1.59% Li2O from 136m (FRC038) at Grants, including :
including 6m @ 2.00% Li2O

Also 2016 diamond drill results at Finniss include:

42m @ 1.53% Li2O from 58m (FRCD001) at Grants, including:
7m @ 2.02 Li2O from 64m

39m @ 1.55% Li2O from 69m (FRCD002) at Grants, including:
5m @ 2.29 Li2O from 70m

48m @ 1.53% Li2O from 70m (FRCD003) at Grants, including:
10m @ 2.03 Li2O from 106m

34m @ 1.47% Li2O from 85m (FRCD004) at BP33, including:
4m @ 2.10 Li2O from 94m

To view the presentation, please visit:
http://abnnewswire.net/lnk/2O4NG415


About Core Exploration Ltd

Core Exploration ASX:CXOCore Exploration Ltd (ASX:CXO) aims to grow shareholder value through the exploration for and discovery of commercially robust base metal and uranium deposits in South Australia and the Northern Territory. Core Exploration's projects have been carefully acquired in geology which hosts world-class mines and within some of the most prospective geological terrains for base metals and uranium in Australia.

    


Contact

Stephen Biggins
Managing Director
Core Exploration Ltd
T: +61-8-7324-2987
E: info@coreexploration.com.au



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