Quarterly Activities Report for Three Months Ended 31 March 2018
Adelaide, April 30, 2018 AEST (ABN Newswire) - The Board of Core Exploration Ltd (
ASX:CXO) ("Core" or "Company") is pleased to present its Quarterly activities report for the Period ended 31 March 2018.
Highlights
During the reporting period Core:
- Advanced drilling work at the BP33 Prospect at the Company's wholly-owned Finniss Lithium Project near Darwin, with outstanding results released during and post the end of the period;
- Progressed development of the Grants deposit, with a Pre-Feasibility Study to be completed in Q2 once Mineral Resource updates are finalised;
- Presented at the Mines and Money Conference in Hong Kong and the INFORMA Lithium and Battery Metals Conference in Perth;
- Raised $5 million from investors via an oversubscribed placement priced at $0.053 per share after the end of the period; and
- Launched a $2 million Share Purchase Plan for eligible shareholders to participate.
To view the full report, please visit:
http://abnnewswire.net/lnk/544O82ZB
About Core Lithium Ltd
Core Lithium Ltd (ASX:CXO) is an Australian hard-rock lithium company that owns the Finniss Lithium Operation on the Cox Peninsula, south-west and 88km by sealed road from the Darwin Port, Northern Territory. Core's vision is to generate sustained shareholder value from critical minerals exploration and mining projects underpinned by strong environmental, safety and social standards.
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