Slide 1: Finniss Lithium Project
For personal use only FINNISS LITHIUM PROJECT ASX code: CXO
Slide 2: Disclaimer
DISCLAIMER For personal use only 2 | LITHIUM potential | Nov 2016 | Core Exploration Ltd
Slide 3: Why Invest in CXO
WHY INVEST IN CXO • High grade spodumene in recent drilling confirms Finniss Lithium Project For personal use only near Darwin as a significant new lithium discovery • $10M cash, no debt - well funded to fast-track Finniss high grade lithium discovery • Phase 2 exploration and follow-up drilling und
Slide 4: Finniss Phase 1 Drilling Program
FINNISS PHASE 1 DRILLING PROGRAM • Core’s first drill program at the Finniss Lithium Project in NT has hit multiple broad zones of For personal use only high grade lithium, confirming Finniss Project as a major new lithium discovery. • Recent drill results from Finniss are comparable to some of the
Slide 5: Company Information
COMPANY INFORMATION Share price For personal use only Shares Volume Close Price $0.16 250 $0.14 200 $0.12 Price A$ (14/11/2016) ~$0.08 $0.10 150 Millions $0.08 Shares on issue 373M 100 $0.06 $0.04 Options 114M 50 $0.02 Market cap (undil.) ~$29M $- - Dec 2015 Jun 2016 Nov 2015 Jan 2016 Oct 2016 Mar 2
Slide 6: ASX Lithium Sector Comparative Market Cap
ASX LITHIUM SECTOR COMPARATIVE MARKET CAP For personal use only $800 $700 $600 Market Cap (millions) $500 $400 $300 $200 $100 $- ORE PLS GXY NMT AJM KDR EMH GSC BGS LIT PSC CXO 6 | LITHIUM potential | Nov 2016 | Core Exploration Ltd
Slide 7: CXO Dominant Position in NT Pegmatites
CXO DOMINANT POSITION IN NT PEGMATITES For personal use only Core has strong position in major Pegmatite Provinces in the NT: Finniss • Building on Core’s expertise and experience in the NT, Core has identified and moved early to position the Company in pegmatite fields highly prospective for lithiu
Slide 8: Finniss Lithium Project: Dominant Tenure with Large-Scale Upside
FINNISS LITHIUM PROJECT : Dominant Tenure with large-scale upside For personal use only Core’s dominant 480km2 position in the Bynoe pegmatite field at the Finniss Lithium Project includes: - High Grade Spodumene drill intersections at multiple prospects in first drill program - Mt Finniss mine - th
Slide 9: 1st Prospect Drilled by Core in the NT: High Grade Lithium Discovery at BP33
1st PROSPECT DRILLED BY CORE IN THE NT : HIGH GRADE LITHIUM DISCOVERY AT BP33 For personal use only 9 | LITHIUM potential | Nov 2016 | Core Exploration Ltd
Slide 10: 2nd Prospect Drilled by Core in the NT: High Grade Lithium Discovery at Grants
2nd PROSPECT DRILLED BY CORE IN THE NT : HIGH GRADE LITHIUM DISCOVERY AT GRANTS For personal use only x-section 10 | LITHIUM potential | Nov 2016 | Core Exploration Ltd
Slide 11: 1st Core Drilling Reveals High Quality, Coarse Grain Spodumene
1ST CORE DRILLING REVEALS HIGH QUALITY, COARSE GRAIN SPODUMENE For personal use only • Spodumene ore at Finniss shows good characteristics for potential concentrate processing • Bulk sample of spodumene pegmatite core sent for metallurgical test work to produce commercial grade spodumene concentrate
Slide 12: First Core Drilling Reveals High Quality, Coarse Grain (Green) Spodumene
FIRST CORE DRILLING REVEALS HIGH QUALITY, COARSE GRAIN (GREEN) SPODUMENE For personal use only 12 | LITHIUM potential | Nov 2016 | Core Exploration Ltd
Slide 13: Phase 2 RC & DD Drilling Underway
PHASE 2 RC & DD DRILLING UNDERWAY For personal use only • Phase 2 +5,000m RC drill program underway to test new pegmatite drill targets plus existing discoveries at Finniss Lithium Project • Multiple drill rigs to continue at Finniss until the start of the wet season • Initial diamond drilling at BP
Slide 14: Finniss Phase 2 RC Exploration Drilling: New Broad Pegmatite Intersections
FINNISS PHASE 2 RC EXPLORATION DRILLING : NEW BROAD PEGMATITE INTERSECTIONS For personal use only • Current Phase 2 RC drilling testing a number of pegmatite targets including FW North • 1,000m long strike length combined at FW North and FW Central pegmatite belt, which represents significant volume
Slide 15: Finniss Lithium Project NT: Substantial Infrastructure Advantages
FINNISS LITHIUM PROJECT NT Substantial Infrastructure Advantages For personal use only • Core’s Finniss Lithium Project has substantial infrastructure advantages • Close to grid power, gas and rail infrastructure and within easy trucking distance by sealed road to Heavy Industrial Park and multi-use
Slide 16: Pegmatites Comparable in Scale to Pilgangoora: Zola Prospect
Core’s work is discovering pegmatites comparable in scale to Pilgangoora : Zola Prospect For personal use only 16 | LITHIUM potential | Nov 2016 | Core Exploration Ltd
Slide 17: Pegmatites Comparable in Scale to Pilgangoora: Ringwood Prospect
Core’s work is discovering pegmatites comparable in scale to Pilgangoora : Ringwood Prospect For personal use only 17 | LITHIUM potential | Nov 2016 | Core Exploration Ltd
Slide 18: Why Invest in CXO
WHY INVEST IN CXO • High grade spodumene in recent drilling confirms Finniss Lithium Project For personal use only near Darwin as a significant new lithium discovery • $10M cash, no debt - well funded to fast-track Finniss high grade lithium discovery • Phase 2 exploration and follow-up drilling und
Slide 19: Competent Person Statement
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 Metallurgy