Over Subscribed Placement to Accelerate Finniss Project
Filed with ASX · · 3 pages · English
Summary by 6ix AI
Core Lithium Ltd has announced a heavily oversubscribed placement that raised significant funds to accelerate the Finniss Lithium Project activities, as detailed on page one. The funds will support immediate follow-up diamond and RC drilling, as well as further exploration efforts at the project, also mentioned on page one. The company has commenced its first diamond drilling program to explore high-grade spodumene discoveries at the Finniss Lithium Project, as stated on page two.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Core Lithium
- Highest Grade Spodumene Intersections Ever Drilled in the NT
- Key Finniss Tenements Granted
- High Grade Spodumene Confirms Significant Lithium Discovery
- Substantial Pegmatite Intersections Containing Spodumene
- First Drilling Underway on Finniss Lithium Project
Later from Core Lithium
- New Large-Scale Pegmatite Targets Discovered at Finniss
- Further High Grade Lithium Intersections at Finniss
- High Quality Spodumene in First Drill Core at Finniss
- Quarterly Activities and Cashflow Report 30 September 2016
- Phase 2 RC Drilling Underway at Finniss
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