Core Lithium Ltd · ASX:CXO
Core Lithium — Core Exploration — Sydney Resources Round-Up Conference 2017
19 slides from Core Lithium's conference presentation, May 10, 2017
Slide 1: Finniss Lithium Project
For personal use only FINNISS LITHIUM PROJECT Sydney Resources Round-Up Conference May 2017 ASX code: CXO
Slide 2: Disclaimer
DISCLAIMER For personal use only 2 | LITHIUM | May 2017 | Core Exploration Ltd
Slide 3: Why Invest in CXO
WHY INVEST IN CXO • 2017 Drilling re-commences this month to build on Core’s Lithium Resource at Finniss For personal use only near Darwin in the NT • Core has established its first JORC 2012 Lithium Resource at the Grants Prospect at the Finniss Lithium Project • Grants Lithium Resource one of the
Slide 4: Company Information
COMPANY INFORMATION Share price For personal use only Shares Price A$ (08/05/2016) ~$0.07 Shares n issue 375M Options (Ex. 5c) 114M Market cap (undil.) ~$27M Cash (31/03/2017) ~$7.1M EV ~$20M Management Stephen Biggins – Managing Director High Liquidity (1Yr avg) ~7M shares/day ex SAU, IVR Greg Engl
Slide 5: ASX Lithium Sector Comparative Market Cap
ASX LITHIUM SECTOR COMPARATIVE MARKET CAP For personal use only 5 | LITHIUM | May 2017 | Core Exploration Ltd
Slide 6: Finniss Lithium Project: Advanced Project with Large-Scale Upside
FINNISS LITHIUM PROJECT : Advanced Project with Large-Scale Upside For personal use only Core’s dominant position in the Bynoe pegmatite field at the Finniss Lithium Project includes: • One of Australia's Highest Grade Lithium Resources • Large Area ~400km2 of Granted Tenements • High Grade Spodumen
Slide 7: CXO First Lithium Resource in the NT
CXO FIRST LITHIUM RESOURCE IN THE NT For personal use only Core’s 2016 drilling discovered and then defined maiden Resource of 1.8Mt at 1.5% Li2O at Grants Grants Resource is one of the highest grade undeveloped lithium deposits in Australia Preliminary Mining Study shows strongly positive outcomes
Slide 8: Grants: Consistent High Quality 1.5% Li2O Spodumene
GRANTS : CONSISTANT HIGH QUALITY 1.5% Li2O SPODUMENE For personal use only 8 | LITHIUM | May 2017 | Core Exploration Ltd
Slide 9: 6% Li2O Concentrate at >80% Recovery in Metallurgical Testwork
6% Li2O Concentrate at >80% Recovery in Metallurgical Testwork of DSO Spodumene For personal use only • Initial Metallurgical Test work successful on Bulk Sample from Grants Deposit • Several potential processing routes identified to produce a spodumene concentrate product of 6% Li2O at recoveries o
Slide 10: Finniss Lithium Project NT: Substantial Infrastructure Advantages
FINNISS LITHIUM PROJECT NT Substantial Infrastructure Advantages For personal use only • Potentially best logistics chain to China of any Australian Lithium Project • Close to grid power, gas and rail infrastructure • Within 60km by sealed road to Industrial and Logistics Precincts and Multi-user Po
Slide 11: Darwin Port Agreement
DARWIN PORT AGREEMENT Core has HOA with Darwin Port to ship 1Mt/y of spodumene For personal use only • Heads of Agreement signed with Darwin Port in respect of potential export of lithium products from Grants • Agreement provides Core with capacity to export up to 1Mtpa of spodumene direct shipping
Slide 12: Exploration Commencing This Week
EXPLORATION COMMENCING THIS WEEK Drilling to start later this month For personal use only • Exploration and aggressive drill programs in 2017 to target building a resource base to support a long-life lithium production operation • The 2016 program at the Finniss Project discovered some of the highes
Slide 13: Grants Region
GRANTS REGION Drilling to start later this month For personal use only • Detailed understanding in this region based on success of 2016 drilling and defined Resource at Grants • Numerous new lithium pegmatite drill targets identified by 2016 soil surveys and interpretation of recent detailed magneti
Slide 14: Grants Region 2017 Drilling Includes Follow-up of BP33 Discovery
GRANTS REGION 2017 DRILLING INCLUDES FOLLOW-UP OF HIGH GRADE LITHIUM DISCOVERY AT BP33 For personal use only 14 | LITHIUM | May 2017 | Core Exploration Ltd
Slide 15: Large Scale Pegmatite Drill Targets: Zola
LARGE SCALE PEGMATITE DRILL TARGETS For personal use only Scale of Zola comparable to those in WA • Evidence to suggest Zola Pegmatite Swarm is at least 1,500m long and hundreds of metres wide • Previous trench sampling in the 1980’s confirmed an unusually large pegmatite • Core’s soils have verifie
Slide 16: Large Scale Pegmatite Drill Targets: Ringwood
LARGE SCALE PEGMATITE DRILL TARGETS For personal use only Scale of Ringwood comparable to those in WA • New magnetic survey has identified potential extensions to known pegmatites and new pegmatite targets at the large scale Ringwood Prospect • Pegmatite outcrops mapped by Core with rock chip sample
Slide 17: Large Scale Pegmatite Drill Targets: Ringwood
LARGE SCALE PEGMATITE DRILL TARGETS For personal use only Scale of Ringwood comparable to those in WA • Multiple large scale pegmatites mapped in outcrop • Lithium in soil anomalies correlate with pegmatite outcrops and peg targets interpreted from mags • Also key pegmatite LCT indicator elements li
Slide 18: Why Invest in CXO
WHY INVEST IN CXO • 2017 Drilling re-commences this month to build on Core’s Lithium Resource at Finniss in For personal use only near Darwin in the NT • Core has established its first JORC 2012 Lithium Resource at the Grants Prospect at the Finniss Lithium Project • Grants Lithium Resource one of t
Slide 19: Competent Person Statement and Recent Announcements
For personal use only The information in this report that relates to Exploration Results and Mineral Resources 9/05/2017 2017 Lithium Exploration Commences At Finniss is based on information compiled by Stephen Biggins (BSc(Hons)Geol, MBA) as 8/05/2017 Core Defines First Lithium Resource in the NT M
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