Core Lithium Ltd (AU:CXO) has released an update.
Core Lithium Ltd has initiated the first lithium drilling program at the Shoobridge Project, targeting spodumene-rich pegmatite systems. This project is part of the company’s ambitious FY25 exploration program aimed at identifying new deposits near their Finniss lithium processing plant. The Shoobridge site, with a history of tin and tantalum mining, is also recognized for its potential in multiple commodities, including gold, uranium, and base metals.
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