Slide 1: NT Lithium Projects
For personal use only NT LITHIUM PROJECTS ASX code: CXO
Slide 2: Disclaimer
DISCLAIMER For personal use only 2 | LITHIUM potential | July 2016 | Core Exploration Ltd
Slide 3: Why Invest in CXO
WHY INVEST IN CXO For personal use only • Largest lithium tenement holding in the NT with early mover advantage • Largest pegmatite mine in the NT • Largest lithium pegmatite target in the NT • CXO’s Market Cap of ~$9M is currently multiples below peer ASX lithium explorer valuations (refer followin
Slide 4: Company Information
COMPANY INFORMATION For personal use only Shares Share price Price A$ (06/07/2016) ~$0.035 Shares on issue 271M Options 118M Market cap (undil) ~$9M Cash (30/06/2016) ~$2.4M Liquidity (2016 avg) 7.6M/day(3%) Management Number of shareholders ~1,000 Stephen Biggins – Managing Director ex SAU, IVR Gre
Slide 5: ASX Lithium Sector Comparative Market Cap
ASX LITHIUM SECTOR COMPARATIVE MARKET CAP For personal use only 5 | LITHIUM potential | July 2016 | Core Exploration Ltd
Slide 6: 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 : Bynoe Finniss and Northern Arunta • Building on Core’s expertise and experience in the NT, Core has identified and positioned the Company in pegmatite fields highly prospect
Slide 7: CXO Lithium Update
CXO LITHIUM UPDATE Strong project portfolio of lithium-rich pegmatites in For personal use only the NT comparable in scale to Pilgangoora • Core has recently discovered Pegmatites comparable to those at Pilgangoora in WA. Zola Pegmatite is over 450m width at least 1,000m long on Core’s Finniss Lithi
Slide 8: Finniss Lithium Project, NT
FINNISS LITHIUM PROJECT, NT For personal use only Finniss Lithium Project in the NT • Core holds large project tenure covers close to 500km2 in the lithium rich Bynoe Pegmatite Field • The Bynoe Pegmatite field is one of the most prospective areas for lithium in the NT and has many similarities to G
Slide 9: Anningie and Barrow Creek Pegmatites Recently Expands Lithium Focus
ANNINGIE AND BARROW CREEK PEGMATITES RECENTLY EXPANDS LITHIUM FOCUS For personal use only Core’s lithium projects cover a large position in the Northern Arunta pegmatite province • Core holds 2,500 km2 of lithium prospective tenements in the Anningie and Barrow Creek pegmatite fields near TNG’s Mt P
Slide 10: Existing Tenure in Harts Range and Mt Riddock Pegmatite Fields
EXISTING TENURE IN HARTS RANGE AND MT RIDDOCK PEGMATITE FIELDS ALSO For personal use only PROSPECTIVE FOR LITHIUM 10 | LITHIUM potential | July 2016 | Core Exploration Ltd
Slide 11: Finniss Lithium Project and Mine: Evaluating Pegmatite Mines for Lithium Development Potential
FINNISS LITHIUM PROJECT AND MINE: EVALUTING PEGMATITE MINES FOR LITHIUM DEVELOPMENT POTENTIAL For personal use only All of Australia’s economic resources of lithium are hard-rock pegmatite deposits The world largest lithium deposit is the Greenbushes tin-tantalum- lithium pegmatite mine in WA Core h
Slide 12: Mt Finniss Mine
MT FINNISS MINE For personal use only Mt Finniss Mine - the largest historically producing tin and tantalum pegmatite mine in the NT • ~100 years of mining history • Underground, open cut and shallow workings and dumps over a 400 x 500m area • Pegmatites up to 80m wide • Five zones : grading from a
Slide 13: Lithium at Finniss and Greenbushes is Depleted Near Surface
Lithium at Finniss and Greenbushes is Depleted Near Surface For personal use only Drilling only way to test Lithium potential Cross-Section from: +1% Li2O shell does Greenbushes not come to surface NI43-101 Technical Report 15/06/2011 Talison Lithium Limited 13 | LITHIUM potential | July 2016 | Core
Slide 14: Finniss Pegmatite, NT v Greenbushes Pegmatite, WA
FINNISS PEGMATITE, NT v GREENBUSHES PEGMATITE, WA For personal use only Characteristics Greenbushes Finniss Tin production started in the 1880’s Early production from alluvials and then from primary pegmatites Tantalum production started in the mid 1900’s Large scale Pegmatites Weath
Slide 15: Finniss Pegmatites Comparable to Pilgangoora
Finniss Pegmatites Comparable to Pilgangoora For personal use only 15 | LITHIUM potential | July 2016 | Core Exploration Ltd
Slide 16: Why Invest in CXO
WHY INVEST IN CXO • Largest lithium tenement holding in the NT with For personal use only early mover advantage • Largest pegmatite mine in the NT • Largest lithium pegmatite target in the NT • CXO’s Market Cap of ~$9M is currently multiples below peer ASX lithium explorers • LTR currently drilling
Slide 17: 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