Core Lithium (ASX:CXO) said diamond drilling results at the Blackbeard prospect, part of its Finniss lithium operation in the Northern Territory, extended a high-grade lithium intersection, according to a Friday Australian bourse filing.
The previously reported partial intersection of 29 meters at 1.35% grade of lithium oxide from 209 meters was extended to 74 meters at 1.32% grade of lithium oxide from 209 meters. This represents the second-longest downhole mineralised intersection recorded at Blackbeard to date.
Its shares rose 2% in recent trading on Friday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments