Core Lithium Ltd · ASX:CXO

Core Lithium — Core Exploration — Corporate Update (August 2014)

20 slides from Core Lithium's corporate update, Aug 27, 2014

  1. Slide 1: Drilling Australia's New Exploration Province

    Core : CXO For personal use only DRILLING AUSTRALIA’S NEW Exploration Province drilling starts next week Company Update Presentation Aug/Sep 2014

  2. 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 a

  3. Slide 3: Company Information

    Company Information For personal use only Shares Management Price A$ ~$0.06 Stephen Biggins - Managing Director Shares on issue 124M Greg English - Chairman Options (CXOO 10c Oct14) 30M Michael Schwarz - Director Market cap (undil) ~$7M Jarek Kopias - CFO/Company Secretary Cash (22/08/14) ~$1.6M Sha

  4. Slide 4: Core's Projects

    Core’s Projects For personal use only • Core’s exciting results are opening up a new exploration province at Albarta in the NT • Drilling starting next week to Albarta follow-up 1,000g/t silver and 17% zinc + lead hits • Two copper IP targets (20%Cu Fitton in rock chips) also ready to drill Roxby Do

  5. Slide 5: Albarta Project, NT

    Albarta Project, NT Darwin Australia’s newest exploration province For personal use only Core has recently moved to 100% ownership* of 20 tenements covering over 2,000km2 - Albarta Project, NT • Multiple occurrences of mineralisation NORTHE RN TERRITORY indicates strong prospectivity • Recent drilli

  6. Slide 6: Strong Prospectivity

    Strong Prospectivity For personal use only • 1,000g/t silver in recent drilling at Blueys Prospect • 350g/t silver and 17% zinc+lead drilled at Inkheart Prospect • Up to 34% copper# ready to drill at Virginia Prospect • Up to 20% copper# and 72g/t gold# ready to drill Copper Queen • Multiple >1% cop

  7. Slide 7: Multiple Prospects

    Multiple Prospects Australia’s newest exploration province For personal use only 400,000 mE 500,000 mE Copper Queen (14% Cu & 72g/t Au) in rock chips Virginia H(34.0% igh way Cu) in rock chip Copper King (14% Cu & 38g/t Au) in rock chips Plenty Selins (13% Cu) in rock chips Daicos (19.37% U, 26.52%

  8. Slide 8: High grade silver, lead & zinc drilled at Blueys and Inkheart Prospects

    High grade silver, lead & zinc For personal use only drilled at Blueys and Inkheart Prospects 1kg/t silver and 17% zinc&lead 8

  9. Slide 9: Very high grade silver

    Very high grade silver For personal use only Very high grades of 4.5kg/t (4,500g/t) silver and 10% copper at surface Discovery drill intersections by Core include: • 1m @ 1,070g/t silver (Ag) and 8% lead (Pb) at Blueys • 2m @ 843 g/t Ag and 5.9% Pb within 17m @ 116 g/t Ag and 0.83% Pb at Blueys • 4m

  10. Slide 10: Inkheart high grade discovery

    Inkheart high grade discovery For personal use only 7,401,450mN 475,400mE 7,401,400mN 7,401,350mN 475,100mE 7,401,300mN North west South east IKRC004 02 03 0 C0 5 IKRC 0 C0 IKR IKR 0 1 C0 IKR 600mRL Oxidised weathered sediments 8m@22g/t Ag from 34m 4m@18g/t Ag from 42m 50 50 m m 50 50m m 50m 4m@59g/

  11. Slide 11: Inkheart large silver footprint

    Inkheart large silver footrpint For personal use only • Core’s Blueys Prospect has a footprint of 500m x 250m assaying over 1,000ppb Ag. Peak silver in soil value is 25,250ppb Ag. • Core’s Inkheart Prospect has a footprint of 1,400m x 300m assaying over 1,000ppb Ag. Peak silver in soil value is 19,5

  12. Slide 12: Virginia Prospect

    Virginia Prospect For personal use only Kilometre scale copper target grading 1%-5% Cu at surface Ready to drill 12

  13. Slide 13: Virginia Prospect

    Virginia Prospect Phase 2 drilling : Copper targets For personal use only • Copper horizon identified over 1km strike >1% Cu • Strong IP targets below • Drilling planned Q4 this year 13

  14. Slide 14: Copper Queen

    Copper Queen For personal use only Multiple prospects including Up to 20% copper and 72g/t gold at surface 14

  15. Slide 15: Copper Queen Prospect

    Copper Queen Prospect Phase 2 Drilling : Copper targets For personal use only • New IP drill targets below surface copper mineralisation at the Copper Queen Prospect • Up to 20% copper and 72g/t gold rock chips • 31 samples exceed 5% copper • 132 samples exceed 1% copper and average 2.0g/t gold • Dr

  16. Slide 16: Greater Paradise Well - Jay Prospect

    Greater Paradise Well - Jay Prospect Pipeline of drill targets is growing For personal use only • Core is discovering new occurrences of copper in outcrop • Copper now identified at surface over a 4km x 4km in GPW area • 8.9% copper in outcrop with 2km magnetic target at Jay and Manny Prospect 16

  17. Slide 17: Core's Jervois tenements, NT

    Core’s Jervois tenements, NT For personal use only 500m from KGL’s 13m @ 5.75% Cu Significant success for the Albarta region 17

  18. Slide 18: Large 20km prospective zone at Jervois

    Large 20km prospective zone For personal use only at Jervois AEM to define drill targets in October 18

  19. Slide 19: Catalysts for price growth

    Catalysts for price growth For personal use only Core has moved to full ownership* in Australia’s new exploration hotspot in the NT : • Core is opening up a new exciting exploration province and about to enter into discovery phase of exploration. • Multiple drilling programs scheduled : Inkheart/Blu

  20. Slide 20: 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 20/08/2014 Large prospective zone define

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