(MENAFN- ABN Newswire)
Lithium and Battery Conference Presentation Adelaide, Mar 21, 2018 AEST (ABN Newswire) - Core Exploration Ltd ( <>
INVESTMENT HIGHLIGHTS
- CXO on a pathway to lithium production - targeting late 2019
- Preliminary Feasibility Study (PFS) nearing completion
o Considering low-capex production of spodumene concentrate, for export from Darwin port
o Development of the high grade (1.5%) Grants Deposit initially
- Mining Lease Application and Approvals processes commenced
- Binding offtake agreement with Yahua (one of China's largest lithium producers)
- US$20 million prepayment facility also secured with Yahua
- Resource upgrade at Grants and maiden resource BP33 both imminent
- Significant potential to grow Resource base in 2018 across a number of high grade prospects
- Arguably the best logistics chain to Asia and supporting infrastructure of any Australian lithium project, providing significant strategic advantages
- Enterprise Value of less than $30 million offers significant leverage to the development the Finniss Lithium Project and ongoing exploration programs
To view the full presentation, please visit:
http://abnnewswire.net/lnk/8KR84E4U
About Core Exploration Ltd
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