Core Lithium Ltd · ASX:CXO
Core Lithium — Core Exploration — RIU Resources Round-up Conference 2014
22 slides from Core Lithium's conference presentation, Sep 24, 2014
Slide 1: Drilling new exploration province
Core : CXO For personal use only Drilling new exploration AUSTRALIA’S province RIU Resources Round-up Conference Melbourne 24-25 September 2014
Slide 2: Disclaimer
Disclaimer For personal use only The information in this report that relates to Exploration Results and Mineral Resources is based on information compiled by Stephen Biggins (BSc(Hons)Geol, MBA) as Managing Director of Core Exploration Ltd who is a member of the Australasian Institute of Mining and
Slide 3: Company Information
Company Information For personal use only Shares Board & Management Price A$ ~$0.07 Stephen Biggins Managing Director Shares on issue 124M Greg English Non-Exec Chairman Options (CXOO 10c Oct14) 30M Heath Hellewell Non Exec Director Market cap (undil) ~$9M Michael Schwarz Non Exec Director Cash (22/
Slide 4: Core's Projects
Core’s Projects For personal use only Core’s exciting results are opening up a new exploration province at Albarta in the NT Albarta • RC drilling currently underway on new high garde discovery Fitton • Two copper IP targets (20% Cu in Roxby rock chips) ready to drill in the NT Yerelina • AEM survey
Slide 5: Albarta Project, NT
Albarta Project, NT WA NT QLD Australia’s newest exploration province SA For personal use only NSW Darwin VIC ALBARTA PROJECT Core has moved to 100% ownership* of Northern Territory CXO acquiring 100% TAS 20 tenements covering over 2,000km2 - Albarta Project, NT Core is now very well placed to Core’
Slide 6: Multiple Prospects
Multiple Prospects Australia’s newest exploration province For personal use only 400,000 mE 500,000 mE 600,000 mE y GEORGINA BASIN wa igh (Cambrian) H 7,500,000 mN er AILERON PROVINCE dov y n in railwa Sa (Early Proterozoic) Jervois Domain Copper King e-Darw Hig h w a y Virginia Pl e n t y Adelaid S
Slide 7: Strong Prospectivity
Strong Prospectivity For personal use only • 1,000g/t silver in recent drilling at Blueys Prospect • 350g/t silver and 17% zinc+lead drilled at Inkheart Prospect • Up to 34% copper# ready to drill at Virginia Prospect • Up to 20% copper# and 72g/t gold# ready to drill Copper Queen • Multiple >1% cop
Slide 8: Project pipeline
Project pipeline For personal use only Conceptual Confirmed Confirmed Advanced Economic Target Target Mineralisation Project Project Geophysical/Geochemical/ Drill ready Drill tested JORC Resource I Feasibility Study Geological Target Jervois Domain Paradise Well Mordor Blueys Copper Queen Jay Inkhe
Slide 9: High grade silver, lead & zinc drilled at Blueys and Inkheart
High grade silver, lead & zinc drilled at Blueys and Inkheart Prospects For personal use only 1kg/t silver and 17% zinc & lead 9
Slide 10: Very high grade silver
Very high grade silver For personal use only Very high grades of 4.5kg/t (4,500g/t) silver and 10% copper at surface Discovery drill intersections by Core include: • 1m @ 1,070g/t silver (Ag) and 8% lead (Pb) at Blueys • 2m @ 843 g/t Ag and 5.9% Pb within 17m @ 116 g/t Ag and 0.83% Pb at Blueys • 4m
Slide 11: Inkheart high grade discovery
Inkheart high grade discovery For personal use only 7,401,450mN 475,400mE 7,401,400mN 7,401,350mN 475,100mE 7,401,300mN North west South east IKRC004 02 03 0 C0 5 IKRC 0 C0 IKR IKR 0 1 C0 IKR 600mRL Oxidised weathered sediments 8m@22g/t Ag from 34m 4m@18g/t Ag from 42m 50 50 m m 50 50m m 50m 4m@59g/
Slide 12: Drilling Update Sep 2014
Drilling Update Sep 2014 For personal use only 474,000 mE 475,000 mE 476,000 mE IKRC002 IKRC005 Core just started 2,500m RC 4m @ 18g/t Ag from 42m and 36m @ 29g/t Ag from 90m Including 4m@195g/t Ag, 5.24% Pb, 8m@22g/t Ag from 34m IKRC001 drilling campaign at Inkheart 2.49% Zn from 111m with 1m@354g/
Slide 13: Drilling Update Sep 2014
Drilling Update Sep 2014 For personal use only Primary sulphide mineralisation already observed in RC drill- chips (IKRC007 at Inkheart) Sulphide intersections include substantially elevated silver and lead levels (preliminary hand held XRF) Upcoming RC drillholes to test where the soil anomaly is h
Slide 14: Virginia Prospect
Virginia Prospect For personal use only Kilometre scale copper target grading 1%-5% Cu at surface Ready to drill 14
Slide 15: Virginia Prospect
Virginia Prospect Phase 2 drilling : Copper targets For personal use only • Copper horizon identified over 1km strike >1% Cu • Strong IP targets below • Drilling planned Q4 15
Slide 16: Copper Queen
Copper Queen For personal use only Multiple prospects including Up to 20% copper and 72g/t gold at surface 16
Slide 17: Copper Queen Prospect
Copper Queen Prospect Phase 2 Drilling : Copper targets For personal use only • New IP drill targets below surface copper mineralisation • Up to 20% copper and 72g/t gold rock chips • 31 samples exceed 5% copper • 132 samples exceed 1% copper and average 2.0g/t gold • Drilling plannned Q4 2014 17
Slide 18: Greater Paradise Well - Jay Prospect
Greater Paradise Well - Jay Prospect Pipeline of drill targets is growing For personal use only • Core is discovering new occurrences of copper in outcrop • Copper found at 6 new prospects within 4km x 4km in GPW area • 8.9% copper in outcrop with 2km magnetic target at Jay and Manny Prospect 18
Slide 19: Core's Jervois Domain, NT
Core’s Jervois Domain, NT 500m from KGL’s For personal use only 13m @ 5.75% Cu at Bellbird Significant success for the Albarta region 19
Slide 20: Jervois Domain Project
Jervois Domain Project For personal use only Large 20km prospective zone VTEM (AEM) to define drill targets in October 20
Slide 21: Catalysts for price growth
Catalysts for price growth For personal use only Core has moved to full ownership* in Australia’s new exploration hotspot in the NT: • Core is opening up a new exciting exploration province and about to enter into discovery phase of exploration • Multiple drilling programs scheduled : current Inkhea
Slide 22: For personal use only
For personal use only Level 2, 143 Hutt Street Adelaide SA 5000 PO Box 7298, Hutt Street Adelaide SA 5000 Telephone: 08 7324 2987 Facsimile: 08 8312 2002 www.coreexploration.com.au The information in this report that relates to Exploration Results and Mineral 18/09/2014 Drilling underway on Inkheart
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