Adelaide - The Board of Core Exploration Ltd. (ASX:CXO) ("Core" or "Company") is pleased to present its Quarterly activities report for the Period ended 31 December 2017.
Highlights
During the reporting period Core:
Entered into a binding Offtake Agreement, a conditional US$20 million Prepayment Agreement and a $2m Placement for its 100% Finniss Lithium Project near Darwin in the NT with one of China's largest lithium producers.
Lodged a Mineral Lease ("ML") with the Department of Primary Industry and Resources and a Notice of Intent ("NOI") with the Northern Territory Environment Protection Authority for the Grants Lithium Project.
Successfully completed the acquisition of the Bynoe Lithium Project directly adjacent to Core's Finniss Lithium Project in the NT near Darwin from Liontown Resources Ltd. (ASX:LTR).
Drilled wide high grade spodumene intersections at Core's 100% owned high grade BP33 pegmatite.
Drilled multiple intersections confirming the potential of the 100%-owned Sandras Prospect to host high-grade spodumene pegmatite.
Had a strong cash position of approximately $4.6 million to further its project objectives at the end of the period.
To view the full report, please visit: http://abnnewswire.net/lnk/UD922866
About Core Exploration Ltd:
Core 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:
Core Exploration Ltd. Stephen Biggins, Managing Director T: +61-8-7324-2987 E: info@coreexploration.com.au www.coreexploration.com.au
Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!
Adelaide - The Board of Core Exploration Ltd. (ASX:CXO) ("Core" or "Company") is pleased to present its Quarterly activities report for the Period ended 31 December 2017.
