Core Lithium Ltd (AU:CXO) has released an update.
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Core Lithium Ltd has reported promising new drilling results at its Blackbeard prospect, revealing significant lithium deposits just 20km from its Grants processing facility. The findings include a notable 63 meters at 1.67% Li2O, indicating a large mineralized pegmatite that could support future resource estimates and production plans. This discovery aligns with Core Lithium’s strategy to explore cost-effective lithium sources during the 2024 field season.
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