A maiden resource for BP33 is due next month, with Core also noting the positive implications if pegmatites 200-300m away are connected – which would give the BP pegmatite system a total 500m strike length.
Core is aiming to complete a prefeasibility study this quarter and be in production in the June quarter next year.
A direct-ship-ore and concentrate operation is being assessed.
Finniss is 80km from a port at Darwin.
Core recently signed a binding offtake agreement for 1 million tonnes and attracted a A$2 million equity investment from Yahua, said to be one of China’s largest lithium producers.
A US$20 million binding (but conditional) prepaymen...