6 May 2019

Initial resource estimate for Lees Deposit drives Finniss Mineral Resource to 9.6Mt

Emerging Northern Territory lithium developer, Core Lithium Ltd has announced the global Mineral Resource Estimate (MRE) for the Company’s Finniss Lithium Project in the Northern Territory has been increased to now total 9.63Mt @ 1.3% Li2O with the addition of an initial MRE in respect of the Lees Deposit.

Commenting on the results, Core Lithium’s Managing Director, Stephen Biggins, commented:“The global Finniss Project Mineral Resource has increased over 500% from the start of 2018 to now at almost 10Mt. Along with an additional exploration target of 5-8Mt, Core is confident in being able to rapidly build the resources in the upcoming 2019 field season, with the aim to potentially deliver more reserves for mining."

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