Core Lithium Ltd · ASX:CXO
Core Lithium — Core Exploration — ASDA Broker Briefing, Perth (April 2013)
19 slides from Core Lithium's conference presentation, Apr 9, 2013
Slide 1: Fitton high-grade uranium discovery in SA and new IOCG copper exploration in the NT
For personal use only Fitton high-grade uranium discovery in SA and new IOCG copper exploration in the NT ASDA Broker Briefing, Perth 9th April 2013
Slide 2: Disclaimer
Disclaimer For personal use only • This document has been prepared by Core Exploration Limited (“Core”, “Company”) and provided as a 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: For personal use only
For personal use only
Slide 4: Core: CXO Investment Summary
Core: CXO Investment Summary For personal use only • Core has made an outstanding new discovery of high grade uranium in its maiden drilling program on the 100% owned Fitton Project in S.A. – Maiden drill program at Fitton in 2012 had spectacular high grade uranium results: • 5m @ 2,540ppm U3O8 (0.2
Slide 5: Fitton uranium discovery: in proven world-class uranium mining province
Fitton uranium discovery: in proven world-class uranium mining province For personal use only • Large mines, mine developments and deposits within the region: Scott Lee Prospect – Beverley Mine 46Mlb U3O8 Resource 7.7 Mt @ 0.27% (21,000T U3O8) – Four Mile Project 71Mlb U3O8 Resource 9.8 Mt @ 0.33% (
Slide 6: Fitton: one of the best uranium discoveries in the region since Four-Mile
Fitton : one of the best uranium discoveries in the region since Four-Mile For personal use only • Core’s exploration work and current drilling at Fitton has now confirmed that: – uranium mineralisation outcrops (up to 0.30% U3O8 at surface) – uranium mineralisation contains high grade (up to 5m @ 0
Slide 7: Fitton: Scott Lee Prospect 2012 RC Drilling Discovery Results
Fitton: Scott Lee Prospect 2012 RC Drilling Discovery Results For personal use only
Slide 8: Scott Lee 2013 RC Drilling: extends strike and depth
Scott Lee 2013 RC Drilling: extends strike and depth For personal use only
Slide 9: Scott Lee 2013 RC Drilling: Assays to be received by May
Scott Lee 2013 RC Drilling: Assays to be received by May For personal use only Highly anomalous scintillometer measurements of current RC drilling include: Easting Northing Interval Average Hole ID from to min (cps) max (cps) MGA94 MGA94 (m) (cps) SLRC016 365690 6686895 12 17 300 490 5 396 SLRC017 3
Slide 10: Albarta Project, NT: Australia's new IOCG copper exploration hot-spot
Albarta Project, NT: Australia’s new IOCG copper exploration hot-spot For personal use only • Core’s Albarta Project covers a strong position in new Australian copper IOCG exploration hotspot in the NT : • Core has rights to 20 tenements covering over 2,000km2 in this new IOCG terrain • Multiple occ
Slide 11: GA Report highlights area of Core's Albarta tenements as highly prospective for IOCG
GA Report highlights area of Core’s Albarta tenements as highly prospective for IOCG For personal use only • The Aileron Province in the NT shares many geological features and similarities with the well-endowed Gawler Craton and Mt Isa Province • Some of the largest known IOCG deposits are in the Ga
Slide 12: GA Report highlights area of Core's Albarta tenements as highly prospective for IOCG
GA Report highlights area of Core’s Albarta tenements as highly prospective for IOCG For personal use only Core Exploration’s tenements overlain on detail of GA IOCG prospectivity map Aileron IOCG Zone, Northern Territory.
Slide 13: Existing mineralisation at Albarta
Existing mineralisation at Albarta : 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 @ 1.1 g/t Pt+Pd+Au
Slide 14: 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 – Recent rock-chips from Blueys assay over 1,500 g/t silver and 9% copper – Re-assays of the very high silver grades are expected shortly – Rock chips, soils and mapping unde
Slide 15: Exploration underway on new copper IOCG exploration hotspot - the NT
Exploration underway on new copper IOCG exploration hotspot - the NT For personal use only
Slide 16: Forward Exploration Program
Forward Exploration Program For personal use only Project Q2 2013 Q3 2013 Q4 2013 Fitton, S.A RC Drilling Geophysics Drilling* Albarta, N.T Sampling/Mapping Sampling/Mapping Sampling/Mapping Soils Soils Soils Geophysics Geophysics Geophysics Drilling* Drilling* * Subject to results and Board approva
Slide 17: Summary
Summary • Core’s shareholders are exposed to the immediate upside and in the future as uranium For personal use only prices rebound of the outstanding new discovery on the 100% owned Fitton Project, in S.A. Uranium mineralisation at Fitton: – Outcrops – Contains high grades – Drilled from surface an
Slide 18: CXO: Corporate Summary
CXO : Corporate Summary For personal use only Capital Structure • Shares on issue 49M • Options 11M • Share Price ~$0.08c • Market Cap (undiluted) ~$4M • Cash (31 Dec 2012) $1.7M
Slide 19: 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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