Core Lithium Ltd · ASX:CXO
Core Lithium — Core Exploration — Shareholder Meeting (November 2012)
22 slides from Core Lithium's shareholder meeting presentation, Nov 13, 2012
Slide 1: Copper Exploration in Australia's leading IOCG provinces
For personal use only Copper Exploration in Australia’s leading IOCG provinces 2012 AGM Presentation 13th November 2012
Slide 2: Disclaimer
Disclaimer This document has been prepared by Core Exploration Limited (“Core”, “Company”) and provided as a For personal use only • basic overview of the tenements held or controlled by the company. This presentation does not purport to be all-inclusive or to contain all the information that you or
Slide 3: Core's achievements in 12 months
Core’s achievements in 12 months For personal use only 1. Discovery of high grade copper and uranium in outcrop and maiden drilling program underway on the 100% owned Fitton Project, in northern S.A. 2. Building a strong position in Australia’s newest IOCG copper exploration hotspot. Core’s Albarta
Slide 4: Fitton RC Drilling Program
Fitton RC Drilling Program For personal use only • Core Exploration is currently undertaking ~2500m RC drilling program on its Fitton tenement (EL4569) • Drilling is targeting shear-hosted uranium-copper-gold mineralisation • Targets consist of high grade copper and uranium and in outcrop associated
Slide 5: Fitton RC Drilling Program
Fitton RC Drilling Program For personal use only
Slide 6: Fitton Drill Target Geology
Fitton Drill Target Geology For personal use only • Uranium, copper and gold mineralisation occurs along a series of ESE trending shear zones within Palaeoproterozoic and Mesoproterozoic rocks of the Mt Painter Inlier. • Mineralisation is structurally controlled along east-southeast trending shear z
Slide 7: Fitton geological similarities to Mt Gee
Fitton geological similarities to Mt Gee For personal use only • The Fitton mineralisation appears to have most geological similarities with the Mt Gee Uranium-REE Deposit at Mt Painter. • Mt Gee deposit contains 69Mlb (31,400T) of U3O8 (Total Resource of 51 Mt at 615 ppm U3O8) within the Paralana U
Slide 8: Fitton Project: Uranium
Fitton Project : Uranium northern South Australia For personal use only • Large mines, mine developments and deposits within the region: – Beverley Mine 46Mlb U3O8 Resource 7.7Mt @ 0.27% (21,000T U3O8) – Four Mile Project 71Mlb U3O8 Resource 9.8Mt @ 0.33% (32,000T U3O8) – Mt Gee 69Mlb U3O8 Resource
Slide 9: Core builds strong position in Australia's newest IOCG Province
Core builds strong position in Australia’s newest IOCG Province For personal use only Figure 1. Core Exploration’s and surrounding tenements and prospect locations, East Arunta IOCG Zone, Northern Territory.
Slide 10: Albarta in Australia's new IOCG system
Albarta in Australia’s new IOCG system For personal use only • Core’s Albarta IOCG Project covers 2,000km2 in Australia’s newly confirmed East Arunta IOCG (Iron Oxide Copper Gold) system in the NT • The tenements include a number of prospects with high grade copper, gold, uranium, silver and/or REE
Slide 11: Strong Position in new IOCG Province
Strong Position in new IOCG Province For personal use only • Core broadens exploration activity with large strategic holding of NT exploration tenements • 20 mostly contiguous tenements covering 2,000km2 in a new IOCG province • Existing mineralisation at surface a strong indicator of prospectivity
Slide 12: Strong Strategy in new IOCG Province
Strong Strategy in new IOCG Province For personal use only Core will be exposed to the upside from: • CXO exploration success • Exploration and mining success in the region as investment activity increases • Growing industry and market recognition of a new, outcropping IOCG terrain • Exposure to gol
Slide 13: Existing mineralisation at Albarta Project Prospects
Existing mineralisation at Albarta Project Prospects For personal use only Prospect Copper Gold Uranium Other Oona 2.7% Cu 2.6% Zn Paradise Well 3.8% Cu Blueys 2% Cu 320g/t Ag East Amarata 25 g/t Au Pattersons 30m @ 0.5g/t Au* Daicos 19.4% U 22.3% REE Yambla 13.8% U Blueys Folley 7% REE Mordor 2m @
Slide 14: Yerelina Project - Silver Lead Zinc
Yerelina Project - Silver Lead Zinc For personal use only Historic Target Silver Lead Zinc Pb+Zn Great Gladstone 203.0 g/t 5.0% 2.3% 7.30% Emily 12.1 g/t 0.9% 12.4% 13.34% Big Hill 5.9 g/t 1.7% 0.6% 2.35% Summary of best results of reconnaissance sampling of 3 historic mine workings, EL 5015. CXU Ba
Slide 15: Yerelina Project: Silver & Lead/Zinc
Yerelina Project: Silver & Lead/Zinc For personal use only • Kilometre scale - repeated set of highly mineralised faults/targets 15
Slide 16: Yorke Peninsula Project - Copper
Yorke Peninsula Project - Copper For personal use only • Covers 243km2 on the highly prospective Yorke Peninsula (YP) in SA • YP Project in analogous geological setting adjacent to Rex Minerals’ (RXM) Hillside tenements • Core encouraged by Rex’s positive Pre- Feasibility Study released earlier this
Slide 17: Core's Yorke Peninsula Project Similarities to Hillside
Core’s Yorke Peninsula Project Similarities to Hillside For personal use only • Same host geology • Same age structural and alteration systems • Large-scale structural setting • Similar scale magnetic and gravity targets • IOCG style alteration • Vein and shear hosted copper mineralisation • Low lev
Slide 18: Roxby Downs Project, S.A. - IOCGU
Roxby Downs Project, S.A. - IOCGU For personal use only • Two tenements covering over 400km2 in the core of the Olympic Dam / Carrapateena IOCGU Zone • Project located 40km south of Olympic Dam and within 10km of BHPB’s Wirrda Well and other IOCGU prospects • A number of drill targets with strong ge
Slide 19: Forward Exploration Program
Forward Exploration Program For personal use only Project Q4 2012 Q1 2013 Q2 2013 Fitton, S.A. Fitton RC Drilling Drilling* Yerelina Sampling/Mapping Geophysics/Drilling* Albarta, N.T Sampling/Mapping Sampling/Mapping Sampling/Mapping Geophysics Geophysics Drilling* * Subject to results and Board ap
Slide 20: Summary
Summary For personal use only 1. Core’s shareholders are exposed to the immediate upside from current drilling program on Fitton Project in S.A. where Core has previously discovered high grade copper and uranium (+/- Au, Ag) in outcrop 2. Core’s new Albarta Project takes strong position in new Austr
Slide 21: CXO: Corporate Summary
CXO : Corporate Summary For personal use only Capital Structure • Shares on issue 41.5M • Options 8.75M • Share Price ~$0.09c • Market Cap (undiluted) ~$3.7M • Cash (30 Sep 2012) $1.9M Board and Management Stephen Biggins Managing Director MBA, BSc (Hons) Geol, MAusIMM (ex SAU, & IVR(SNU)) Greg Engl
Slide 22: For personal use only
For personal use only The information in this report has been compiled by Stephen Biggins (BSc(Hons)Geol, MBA) as Managing Director of Core Exploration Ltd and who is a member of the Australasian Institute of Mining and Metallurgy and is bound by and follows the Institute’s codes and recommended pra
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