Core Lithium Ltd · ASX:CXO
Core Lithium — Core Exploration — South Australian Resources and Energy Investment Conference 2012
19 slides from Core Lithium's conference presentation, Apr 30, 2012
Slide 1: Copper Exploration on the Yorke Peninsula and South Australia
For personal use only Copper Exploration on the Yorke Peninsula and South Australia Managing Director’s Presentation South Australian Resources and Energy Investment Conference Adelaide 30th April 2012
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 (ASX:CXO) offers an investment opportunity into one of the world’s leading copper mining and exploration provinces. • Core’s first diamond drilling program intersected copper mineralisation on the 100%-owned Yorke Peninsula Project (YP) in
Slide 4: Yorke Peninsula Project - Copper
Yorke Peninsula Project - Copper For personal use only • Project covers 243km2 in analogous geological setting adjacent to Rex Minerals’ Hillside tenements • Core’s recent diamond drill program has intersected copper mineralisation associated with IOCG-style mineralisation • YP Project within Olympi
Slide 5: Drilling recently completed on YP
Drilling recently completed on YP For personal use only
Slide 6: Wauraltee Prospect - Copper sulphides with IOCG style alteration
Wauraltee Prospect - Copper sulphides with IOCG style alteration For personal use only Drill hole positions and geophysical models(Red = • Copper sulphides intersected in all 3 holes gravity, blue = magnetics) overlain on magnetic image at Core Exploration’s Wauraltee Prospect, Yorke drilled at Waur
Slide 7: Wauraltee Drilling - zones of interest
Wauraltee Drilling - zones of interest For personal use only Hole From To Comments WTDD001 161m 217.5m Deformed and altered dolerite, with epidote + amphibole + carbonate + albite alteration and veining, variable pyrite and minor chalcopyrite. WTDD002 151 247.5 Deformed and altered coarse grained ga
Slide 8: Yorke Peninsula - Significant copper drill intersections received to date
Yorke Peninsula - Significant copper drill intersections received to date For personal use only Drill Hole Prospect Depth from (m) Depth to (m) Interval (m) Cu (%) WTDD001 Wauraltee 227 228 1 0.45 WTDD002 Wauraltee 148 150 2 0.10 159 160 1 0.07 165 166 1 0.26 181 185 4 0.06 201 202 1 0.05 241 243 2
Slide 9: Yorke Peninsula Project's increasing prospectivity
Yorke Peninsula Project’s increasing prospectivity For personal use only Source for mineralisation Hiltaba age granites and synchronous alteration confirmed Pathway for mineralisation IOCG style alteration orientated with large-scale structural directions Trap (Targets) for mineralisation Geop
Slide 10: YP Project: Next Steps
YP Project : Next Steps For personal use only • Receive and interpret remaining 50% of assay results of recent 2,000m diamond drill program • Prospect scale geophysics of Wauraltee and other high- priority targets in and around the 12km Palace Structural Zone – Currently underway • Phase 2 diamond d
Slide 11: Fitton Project: Copper/Uranium in northern South Australia
Fitton Project : Copper/Uranium in northern South Australia For personal use only • Mines and large deposits within the region: – Beverley Uranium Mine – Four Mile – Mt Gee • Proven world-class uranium mining district • Similar primary polymetallic prospects (U/Cu/REE,etc) directly to the east of Fi
Slide 12: Fitton Project - Outstanding early results
Fitton Project Outstanding early results For personal use only • 10.5% copper and 624ppm uranium in outcrop samples • 2,000m long shear zone mapped in granite • Coincident anomalous copper and uranium in soils • Soils indicate elevated metals in zone up to 1,000 wide 12
Slide 13: Fitton Project - Copper in soils, Uranium in soils
Fitton Project Copper in soils Uranium in Soils For personal use only 13
Slide 14: Fitton Project - Latest field observations April 2012
Fitton Project Latest field observations – April 2012 For personal use only • Malachite staining in outcropping portion of shear zone mapped over 100m • Numerous surface samples taken with copper staining and highly anomalous scintillometre readings (i.e. Copper +/- Uranium) • Rock chip assay result
Slide 15: Roxby Downs Project, S.A. - IOCGU
Roxby Downs Project, S.A. - IOCGU For personal use only Two tenements covering over 400km2 in the core of the Olympic Dam / Carrapateena IOCGU Zone Project located 40km south of Olympic Dam and within 10km of BHPB’s Wirrda Well and other IOCGU prospects EL 4816 with 10km gravity feature recent
Slide 16: Forward Exploration Program
Forward Exploration Program For personal use only • Remaining assays from recent YP drilling expected in May • Expanded diamond drilling to re-commence in June on Yorke Peninsula • Assays form continuing rock-chip and mapping on Fitton project expected mid-May • Grant of 400km2 ELs expected soon nea
Slide 17: Summary
Summary For personal use only • Copper mineralisation hit in first diamond drill program on the Yorke Peninsula in S.A. • Currently undervalued with huge upside leveraged to copper exploration success (tight capital structure - only 41.5M shares) • Well funded to execute strategy, deliver results an
Slide 18: CXO: Capital Structure
CXO : Capital Structure For personal use only • Shares on issue 41.5M • Options (25c) 8.5M • Share Price ~$0.15 • Market Cap (undiluted) ~$6.2M • Cash (31 Mar 2012) $3.1M Huge upside leveraged to copper exploration success on Yorke Peninsula and S.A.
Slide 19: For personal use only
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
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