Core Lithium LtdASX: CXO

Core awarded PACE co-funding to drill Zinc Project

· Issued by Core Lithium Ltd

Filed with ASX · · 4 pages · English

Summary by 6ix AI

Core Lithium Ltd has announced that it has been awarded co-funding from the South Australian Government for a diamond drilling program at its Yerelina zinc-lead-silver project. The funding will support drilling to better understand the mineralisation potential and geological controls of the project, which covers a significant area in northern South Australia. Core's previous exploration has identified high-grade mineralisation across multiple structures, indicating strong potential for further discoveries. The proposed drilling program is set to commence in the latter half of the year, following necessary environmental and cultural heritage clearances.

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