Core Lithium Ltd · ASX:CXO
Core Lithium — Core Exploration — Shareholder Meeting (November 2013)
23 slides from Core Lithium's shareholder meeting presentation, Nov 14, 2013
Slide 1: Albarta Project: Australia's New IOCG and Copper Exploration Hot-Spot
Albarta Project For personal use only AUSTRALIA’S NEW IOCG AND COPPER EXPLORATION HOT-SPOT 2013 AGM Managing Director’s Presentation 14 November 2013
Slide 2: Core's achievements in 2013
Core’s achievements in 2013 For personal use only • Spectacular silver grades in lead up to drilling at Blueys, NT • Ground breaking copper IOCG exploration underway delivering exceptional results at Albarta, NT Albarta • Thick and high grade drill intersection at Fitton discovery, SA • High grade l
Slide 3: Albarta Project, NT
Albarta Project, NT Darwin Australia’s new IOCG & copper exploration hot-spot For personal use only Core’s Albarta Project in the NT has rights to 20 tenements covering over 2,000km2 0XOWLSOHRFFXUUHQFHVRIFRSSHUDQGVLOYHU NORTHERN TERRITORY PLQHUDOLVDWLRQLQGLFDWHVVWURQJ SURVSHFWLYLW\ Kidman (KDR)
Slide 4: Strong prospectivity
Strong prospectivity For personal use only • 10% copper and 4,500g/t silver at Blueys Prospect • Up to 14% copper and 72g/t gold at Copper King • Up to 34% copper at Virginia Prospect • 19,552ppb silver in soils at new Inkheart Prospect • >1% copper of 2km x 2km area at Paradise Well Prospect • Larg
Slide 5: 20 tenements covering over 2,000km2
20covering tenements For personal use only over 2,000km2 5
Slide 6: Exploration underway
Exploration underway On new IOCG & copper exploration hot-spot For personal use only 400,000 mE 500,000 mE Copper Queen (14% Cu & 72g/t Au) in rock chips Virginia (34.0% y aCu) in rock chip ghw Hi Copper King (14% Cu & 38g/t Au) in rock chips Plenty Exploration commenced Daicos (19.37% U, 26.52% Nb)
Slide 7: Blueys Prospect
Blueys Prospect For personal use only 4.5kg/t silver and 10% copper at surface 7
Slide 8: Blueys Prospect
Blueys Prospect For personal use only • Very high grades of 4.5kg/t (4,500g/t) silver and 10% copper at surface • Peak value of 25,250ppb silver is well above 100ppb commonly regarded as anomalous • New Inkheart Prospect characterised by extremely high silver in soils • Further high grade rock chip
Slide 9: Blueys Prospect
Blueys Prospect For personal use only Sample Ag ppm Cu (%) Au g/t Pb (%) BT2 >1500 4.43 0.121 0.70 EAR13006A 1800 9.87 0.153 2.96 EAR13006B (repeat) 2200 5.74 0.108 1.39 9EAR13006C (repeat) 700 1.05 0.073 0.20
Slide 10: Blueys Prospect
Blueys Prospect For personal use only • Core’s Blueys Prospect has a footprint of 500m x 250m assaying over 1,000ppb Ag. Its peak silver in soil value is 25,250ppb Ag • Core’s Inkheart Prospect has a footprint of 1,400m x 300m area assaying over 1,000ppb Ag. Peak silver in soil of 19,552ppb Ag • Inv
Slide 11: Copper King
Copper King For personal use only Large copper mineral field Up to 14% copper and 72g/t gold at surface 11
Slide 12: Copper King Mineral Field
Copper King Mineral Field For personal use only • Large copper mineral field recognised in area of new 100% owned tenement • 5km long copper soil anomaly • Rock chips assays up to 14.3% copper and 72.3g/t gold • Geophysics not used in previous targeting 12
Slide 13: Copper King Mineral Field Assay results
Copper King Mineral Field Assay results For personal use only Prospect Type of No. of Max Gold Max Gold Max Copper Max Copper Sample Samples (ppb) (g/t) (ppm) (%) Copper King Rockchip 54 38,510 38.5 140,000 14.0 Copper Queen Rockchip 111 72,300 72.3 143,000 14.3 Copper Queen West Rockchip 44 1,425 1
Slide 14: Virginia Prospect
Virginia Prospect For personal use only Stratiform kilometre scale copper target grading 1%-5% Cu at surface Rock chips assays up to 34% Cu 14
Slide 15: Virginia Prospect
Virginia Prospect Rock chip sampling For personal use only Sample Copper (%) HRCRC0939 5.13 HRCRC0943 5.28 HRCRC0948 34.00 • Strong copper in soils HRCRC0949 7.73 along strike HRCRC0952 5.24 • Geophysics not used in HRCRC0954 13.90 previous targeting HRCRC0956 4.16 HRCRC0957 4.78 • No previous drill
Slide 16: Paradise Well Prospect
Paradise Well Prospect For personal use only • 1.6% copper detected at surface by Core at new Paradise Well prospect • Copper now identified at surface over a 2km x 2km area (inc. PW South) • Kilometre-scale coincident Cu/Ag soil anomalies • Magnetite association with copper may have IOCG affinities
Slide 17: Mordor Project – Cu/Ni/PGE
Mordor Project – Cu/Ni/PGE For personal use only • Mordor Project hosts copper, nickel & PGE “reef” style mineralisation e.g. Merensky Reef, Bushveld (S.Afr) • Mordor Complex is a large layered mafic-ultramafic intrusion (5km diameter by 6km deep) • Also prospective for contact-type Cu-Ni-PGE deposi
Slide 18: IOCG Prospectivity
IOCG Prospectivity Assessment from multiple independent sources For personal use only 400,000 mE 500,000 mE Copper Queen (14% Cu & 72g/t Au) in rock chips Virginia (34.0% ghw Hi y aCu) in rock chip • Copper prospectivity Copper King (14% Cu & 38g/t Au) in rock chips Plenty of the region well Daicos
Slide 19: Summary
Summary For personal use only Core’s Albarta Project is a valuable position in new Australian copper IOCG exploration hotspot in the NT • Core has rights to 20 tenements covering over 2,000km2 in a new IOCG terrain • Multiple occurrences of copper mineralisation at surface a strong indicator of pros
Slide 20: Fitton drill results
Fitton drill results For personal use only 6,686,950mN 6,686,900mN 6,686,850mN 7 100% owned Fitton Project in SA 01 North South RC SL 22 3 00 C0 RC R SL SL SLRC • Outstanding new discovery of high grade uranium 028 • Thick and high grade uranium intersections drilled by Core 1m@355ppm U3O8 from 25m
Slide 21: Yerelina
Yerelina For personal use only 100% owned Yerelina Project, SA • 567g/t silver and 15.11% lead and zinc • High grades gossans discovered at surface • Mineralised breccia up to 1.5km long • Large1,000km2 tenement area • Multiple targets on potentially huge scale 21
Slide 22: Roxby Downs South
Roxby For personal use only 100% owned Roxby Downs South Olympic Dam Mine Andamooka Project, SA Roxby Downs Acropolis Wirrda Well • 10km from BHPB’s new Wirrda Well find and 40km from Olympic Dam EL 4906 • Strong geophysical drill targets WPA EL 4816 Access • New WPA $2 million gravity survey to be
Slide 23: 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 Resources is based on information compil
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