Core Lithium Ltd · ASX:CXO
Core Lithium — Core Exploration — Shareholder Meeting (November 2011)
14 slides from Core Lithium's shareholder meeting presentation, Nov 3, 2011
Slide 1: Managing Director's Presentation 2011 Annual General Meeting
For personal use only Managing Director’s Presentation 2011 Annual General Meeting 3rd November 2011
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: Investment Overview
Investment Overview For personal use only • Core Exploration offers a strategically acquired investment opportunity into one of the world’s leading copper and uranium mining provinces. • Core’s large-scale gravity and magnetic drill targets on the Yorke Peninsula project are hosted in an analogous g
Slide 4: Capital Structure
Capital Structure For personal use only • Shares on issue 41.5M • Options (25c) 8.5M • Share Price ~$0.09 • Market Cap (undiluted) $3.8M • Cash (30 Sep 2011) $3.8M Undervalued assets with huge upside leveraged to copper exploration success
Slide 5: Experienced Board and Management
Experienced Board and Management For personal use only Core Exploration has experienced and proven Directors and Management to drive value growth. Greg English (Chairman) – Qualified Mining Engineer and lawyer – Chairman of Archer Exploration (AXE) Stephen Biggins (Managing Director) – Qualified geo
Slide 6: Projects
Projects For personal use only Focus in world’s leading copper and uranium mining provinces in South Australia
Slide 7: Yorke Peninsula Project - Copper
Yorke Peninsula Project - Copper For personal use only • Project covers 243km2 in analogous geological setting to Rex Minerals’ (ASX:RXM) Hillside Project (Inferred and Indicated Resource of 217Mt at 0.7% copper and 0.2g/t gold) • Core’s early exploration has identified large-scale gravity and magne
Slide 8: Yorke Peninsula Project – staged exploration program proceeding to plan
Yorke Peninsula Project – staged exploration program proceeding to plan For personal use only Jan 2011 Airborne Magnetics Apr 2011 Regional Gravity surveys Aug 2011 1st Drill program (AC) Nov 2011 Airborne Electromagnetics Q1 2012 2nd Drill program (RC) Q2 2012 Prospect Scale Geophysics
Slide 9: Fitton Project – Copper/Uranium
Fitton Project – Copper/Uranium For personal use only • Mines and large deposits the region: – Beverley Uranium Mine (Gen. Atomics) – Four Mile 61 Mlbs @ 0.35% U3O8 (AGS) – Mt Gee 68 Mlbs @ 0.06% U3O8(MTN) • Covers “Radium Creek“ uranium rich rocks • Both primary and secondary mineralisation potenti
Slide 10: Fitton Project: Outstanding early results
Fitton Project Outstanding early results For personal use only • First reconnaissance mapping by Core identified >600m long shear zone in granite • 10.5% copper and 624ppm uranium in first outcrop samples • Next round of surveys will commence soon • Expect results by the end of November 10
Slide 11: Roxby Downs Project - Copper
Roxby Downs Project - Copper For personal use only Two tenements covering over 500km2 in the core of the Olympic Dam / Carrapateena IOCGU Zone Project located 35km south of Olympic Dam Expecting grant of ELAs outside of WPA soon to enable exploration to commence 11
Slide 12: Forward Exploration Program
Forward Exploration Program For personal use only • PACE funded Airborne EM survey to start later this month on Yorke Peninsula • Results from Fitton sampling by end of this month • Active exploration programs underway on Yorke Peninsula and Fitton projects with next round of drilling commencing in
Slide 13: Summary
Summary For personal use only • Active exploration for copper underway on Yorke Peninsula and Fitton Projects in S.A. • Currently undervalued investment with huge upside leveraged to exploration success (only 41.5M shares) • Well funded to execute strategy, deliver results and value growth
Slide 14: Competent Person Statement
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
Core Exploration — Shareholder Meeting (November 2011) on 6ix