Finniss reveals more for Core

NORTHERN Territory lithium developer Core Exploration has boosted the mineral resource of a deposit at its Finniss lithium project in the Northern Territory by 51%.

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The Finniss lithium project in the NT

Just south of Darwin, the Finniss project is considered one of the highest-grade undeveloped lithium deposits in Australia, with some of the best supporting infrastructure and logistics chain to Asia of any other lithium project in the country.
The BP33 lithium resource now totals 2.15 million tonnes, and its grade has also increased to 1.5% lithium oxide, which changes Finniss' overall mineral resource to 5Mt at 1.5%.
This is expected to grow further in a few weeks when a new mineral resource estimate is announced at the Sandras deposit.
Core is currently in the final stages of the DFS, and expects to wind up the study later this month before moving to mining and construction in mid-2019 and production later in that year.
Core managing director Stephen Biggins s...