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Core Exploration Ltd (ASX:CXO)

Core Exploration Ltd (ASX:CXO)


Share Price
$ 0.05
Change
0.006 (13.64 %)
Market Cap
$31.69 m
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Core Exploration Ltd

Core Exploration Ltd (ASX:CXO) is an emerging lithium developer.

EPIC: CXO
Market: ASX:CXO
52-week High/Low: A$0.11 / A$0.04
Sector: Mining
Market Cap: A$31.69M
Website: www.coreexploration.com.au

Core Exploration Ltd

www.coreexploration.com.au

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Big picture - Why invest in Core Exploration Ltd


Core Exploration Ltd Snapshot

Core Exploration Ltd aims to grow shareholder value through the exploration for and discovery of commercially robust base metal and uranium deposits in South Australia and the Northern Territory.

Core Exploration's projects have been carefully acquired in geology which hosts world-class mines and within some of the most prospective geological terrains for base metals and uranium in Australia.

Lithium

Finniss Lithium Project, NT

Core’s NT Lithium Project includes the Mount Finniss Tin Tantalum Mine – the largest historically producing tin and tantalum pegmatite mine in the NT, and a further 25 historic tin tantalum pegmatite mines in the lithium rich Bynoe pegmatite field.

Anningie and Barrow Creek Pegmatite Fields, NT

Core has further expanded its dominant position in the NT tin tantalum pegmatite fields through applications for 2,500 sq km of additional lithium prospective tenements in the lithium-rich Anningie and Barrow Creek pegmatite fields near Mt Peake.


Copper and Base Metals

Jervois Domain, NT

The Company’s analysis of geophysics, geology and newly developing mineralising models has defined a large prospective zone at its Jervois Domain project in the Northern Territory. Core’s four tenements 100% owned surround KGL’s tenements and cover approximately 280 square kilometres in the highly prospective Jervois region 200km north east of Alice Springs, Northern Territory.

Albarta Project, NT

Core has built a strong, strategic holding - through joint venture, acquisition and new tenement applications - in the most significant zone of IOCG prospectivity defined by GA. Core’s Albarta Project covers 2,000km² around the A1 IOCG (Iron-Oxide-Copper-Gold) prospectivity zone of the Aileron province in the Northern Territory, 100km NE of Alice Springs.

Inkheart/Bluey's Prospect, NT

Very high grades of 4.0kg/t (4,000g/t) silver and 10% copper at surface have been identified in surface rock-chip sampling at the Blueys Prospect within the Company’s Albarta Project in the Northern Territory.

Yerelina Project, SA

Core Exploration’s newly granted Yerelina tenement, EL 5015, covers close to 1,000 square kilometres adjacent to the Company’s Fitton Project in northern South Australia.

Roxby Downs Project, SA

The Roxby Downs EL 4906 and Horse Well EL 4816 tenement applications cover approximately 522km² of the Olympic Copper-Gold Province of the Gawler Craton. The tenements are located approximately 30km southwest of the world class Olympic Dam Cu–Au-U mine and within kilometres, and adjacent to, known IOCG-U mineralisation at the Acropolis, Acropolis West and Aphrodite prospects. Exploration targets are beneath more than 500m of cover sediment in most locations. Targets defined first by gravity and magnetic surveys will require diamond drill testing.

Yorke Peninsula Project, SA

Core Exploration’s Yorke Peninsula Copper Project covers 243km² of the Olympic Copper-Gold-Uranium Province of the Gawler Craton. The Yorke Peninsula Project is located adjacent to the west of Rex Minerals (ASX:RXM) tenements on the Yorke Peninsula in South Australia.


Uranium

Fitton Project, SA

The Fitton Project comprises a number of exploration licences covering prospective Mt Painter and Eromanga Basin geology - well known for hosting large uranium deposits and mines including the currently operating Beverley, Beverly North and Four Mile uranium mines. Core first discovered uranium at Fitton with the Company’s first drilling campaign on the project. Core’s drilling has hit thick and high grade uranium intercepts.

Entia Project, NT

More information coming soon.

 

Last updated 14th June 2018

STEPHEN BIGGINS
Managing Director

MBA, BSc (Hons) Geol, MAusIMM

Mr Biggins has accumulated broad experience as a geologist and geophysicist for over 20 years. Mr Biggins has specialised in mineral exploration and has been involved in building prospective portfolios of gold, uranium and base metal projects in Australia and Internationally.

Mr Biggins founded and served as director on the board of various ASX listed companies including Core Exploration Limited (ASX:CXO), Southern Gold Limited (ASX:SAU), and Investigator Resources Limited (ASX:IVR, formerly ASX:SNU)


GREG ENGLISH
Non-Executive Chairman

B.E. (Hons) Mining, LLB

Greg is a qualified Mining Engineer and Lawyer with over 20 years’ experience in multi-commodity projects throughout Australasia. Greg is currently a Non-Executive Chairman of ASX listed Archer Exploration (ASX:AXE) and was a Director of Gawler Resources (ASX:GRL) prior to its merger with Elixir Petroleum (ASX:EXR).

As a Mining Engineer, Greg worked on numerous underground and open pit mines in Australia and gained a First Class Mine Manager’s Ticket in Northern Territory and Western Australia. During this time, Greg worked for a number of large mining companies (MIM, Shell Coal and Normandy Mining) in various mine production, mine planning, mine management, project management and various commercial and business development roles.

Greg is currently a partner at Piper Alderman Lawyers, Energy & Resources Corporate & Commercial division.


HEATH HELLEWELL
Non-Executive Director

BSc (Hons) MAIG

Heath is an exploration geologist with over 20 years of experience in gold, base metals and diamond exploration predominantly in Australia and West Africa.

Heath has previously held senior exploration positions with a number of successful mining and exploration groups including DeBeers Australia and Resolute Mining. Heath joined Independence Group in 2000 prior to the Company’s IPO and was part of the team that identified and acquired the Tropicana project area, eventually leading to the discovery of the Tropicana and Havana gold deposits. Most recently Heath was the co-founding Executive Director of Doray Minerals, where he was responsible for the Company’s exploration and new business activities.

Following the discovery of the Andy Well gold deposits, Doray Minerals was named “Gold Explorer of the Year” in 2011 by The Gold Mining Journal and in 2014 Heath was the co-winner of the prestigious “Prospector of the Year” award, presented by the Association of Mining and Exploration Companies.

 


Last updated 14th June 2018

26 Gray Court
Adelaide SA 5000

PO Box 12025, Sturt Street
Adelaide SA 5000

Telephone: +61 (0)8 7324 2987

 


Last updated 14th June 2018

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