Mining Briefs: Core, Draig and more

IN Mining Briefs: Core hits thick spodumene; Draig finds gold across fault; Venture moves on cobalt potential; and Cradle drops acquisition.

Mining Briefs: Core, Draig and more Mining Briefs: Core, Draig and more Mining Briefs: Core, Draig and more Mining Briefs: Core, Draig and more Mining Briefs: Core, Draig and more

Core Exploration’s quest for lithium in its recently acquired Bynoe project in the Northern Territory has uncovered the widest spodumene pegmatite intersections to date over a 65m aggregate interval between 59m and 137m. 

Core’s previous best drilling in the BP33 pegmatite area intersected high-grade lithium pegmatite including 38m at 1.5% lithium oxide.

Assays are expected within weeks.

Core secured 100% of BP33 by buying Bynoe from Liontown Resources and has re-interpreted the area, suggesting the thickness of the pegmatite may have been significantly under-estimated. 

Work at Bellevue, which Draig Resources described as “forgotten treasure”, has delineated multiple high-grade gold lodes and confirmed extensions of known lodes, validating a new...