Each one in plain English, with the numbers worked through for a shareholder.
24 Nov 2016drilling result▲ Good
The maiden diamond program is complete, with thick spodumene seen in all Grants holes. Core doubled its metallurgical sample to 400kg, sent to Nagrom in Perth, with results due early 2017. Core says it is fast-tracking assessment of early development opportunities.
3 Nov 2016drilling spud▲ GoodMajor
Phase 2 RC drilling began at Finniss: at least 5,000m, with a second rig due next week. The diamond rig has moved to Grants. Applications to drill Zola and Ringwood are lodged; most assays are expected in December.
25 Oct 2016drilling result▲ Good
First diamond core from BP33 shows coarse spodumene throughout a 40m intersection, which Core says looks promising for making concentrate. A 200kg core sample goes to metallurgical test work, managed by newly appointed Como Engineers.
20 Oct 2016drilling result▲ GoodMajor
Remaining Grants assays confirmed high grades: 40m at 1.66% Li2O (FRC018) and 31m at 1.61% (FRC017), plus 19m at 0.68% at Ahoys. EL 29698 transfer is now registered, so Core owns 100% of its NT lithium tenure. Cash is over $7m.
18 Oct 2016drilling result▲ GoodMajor
Core reports a newly mapped Ringwood Pegmatite Swarm on EL 31127, at least 2,000m long and 800m wide, between the Mt Finniss mine and Liontown's Sandras find. Surface mapping only, not drilled; likely part of early-2017 drilling alongside Zola.
3 Oct 2016drilling result▲ GoodMajor
Grants assays returned the highest-grade lithium intersections drilled in the NT, best 49m at 1.78% Li2O from 71m, including 9m at 2.05%. Combined with BP33, Core says Finniss is a major discovery. Two Grants holes await assays.
23 Sept 2016drilling result▲ GoodMajor
First assays at BP33 returned high grades, best 34m at 1.60% Li2O from 71m, including 7m at 2.02%. Core calls Finniss a major discovery. The 2,000m program is complete and remaining assays are due over coming weeks. This delivers on the earlier spodumene sightings.
6 Sept 2016drilling progress report▲ Good
First two Finniss prospects drilled hit thick pegmatite with visible spodumene: 60m at BP33 and 52m at Grants. No lithium grades yet; assays are expected in October. Three targets (Hills, Far West Central, Ah Hoy) are still to be drilled.
26 Aug 2016drilling spud▲ GoodMajor
Core began its first lithium drilling at Finniss: 2,000m of RC drilling across five targets on EL 29698. Drilling should finish about mid-September, with assays expected mid to late October 2016. This starts the program announced on 9 August.
15 Aug 2016farm in farm out completion▲ Good
Core exercised its option to buy EL 29698 from AU Exploration for $80,000, with completion expected within a week. The licence covers 25 historic tin-tantalum mines; first drilling there is planned for late August.
9 Aug 2016drilling scheduled▲ GoodMajor
Core has all statutory approvals and a drilling contractor for its first lithium drilling: 2,000m of RC across 5 targets at Finniss, starting by end of August. Drilling is to finish about mid-September, with assays expected mid to late October 2016.
5 Aug 2016drilling scheduled▲ Good
Core named BP33, a 25-40m wide pegmatite, as a lithium drill target at Finniss. 1980s drilling found tin and tantalum but no lithium assays. Neighbour Liontown hit 16m at 1.1% Li2O next door. Drilling is planned for August.
25 May 2016drilling result▲ GoodMajor
First rock chip assays from the Mt Finniss mine returned up to 0.8% Li2O (7,859ppm), with many samples above 0.1%. Spodumene was identified. Core notes surface weathering likely lowers lithium, so grades may rise with depth. Results from 25 other mines are due in June.
30 Mar 2016drilling progress report● Neutral
Core has started sampling and evaluating historic mine workings, dumps and tailings at Finniss, expanding through April and May as the wet season ends. No results yet; this is the first step of the lithium pivot announced in February.
16 Dec 2015farm in farm out agreement▲ GoodMajor
Binding term sheet with China's Jilin No.1 Geological Survey to earn up to 80% of Blueys EL 28136 by funding $1.4M of exploration, plus a $150,000 share placement and $50,000 cash. Conditional on FIRB approval and due diligence; converts the earlier MOU.
26 Nov 2015drilling result▲ GoodMajor
Yerelina assays confirm zinc: 17m at 1.4% zinc plus lead and 19g/t silver at Great Gladstone (including 4m at 3% zinc), and 33m at 0.2% zinc at Big Hill. Core says it has possibly discovered a new MVT zinc system; stratiform targets are next.
23 Nov 2015drilling result▲ GoodMajor
Core's first Jervois drilling found elevated copper on all five traverses across 15km of the 20km Big-J zone, with surface malachite in places. Holes were shallow (average 10m); best results were 1,498ppm copper. Core calls this above expectations and plans infill drilling in early 2016.
21 Oct 2015drilling result▲ Good
A second Yerelina hit: a 30m wide zone of broken rock and veining at Big Hill (hole YRDH005, 30-60m depth), with voids and iron staining where sulphides have weathered away. Seen as a shallow version of Great Gladstone, 5km west. Assays expected in 4-5 weeks.
12 Oct 2015drilling result▲ GoodMajor
Yerelina drilling hit a 9.8m wide mineralised breccia with zinc and lead sulphides at Great Gladstone (hole YRDH003, from 144m). Drilling is finished at five holes (1,037m); assays are expected in 4-6 weeks. Visual observations only, no grades yet.
6 Oct 2015drilling spud▲ GoodMajor
Maiden drilling has started at Jervois Domain: at least 4,000m of shallow RAB and RC holes testing 14 targets over a 15km strike. Drilling should take about 2 weeks, with assays expected in 4-6 weeks. This follows the slip from the late August start.
7 Sept 2015drilling spud▲ GoodMajor
Diamond drilling has started at Yerelina: six angled holes, about 1,000m, under outcropping zinc-lead-silver mineralisation at Great Gladstone and Big Hill. It is the first drilling of these targets. Drilling takes 3-4 weeks, with assays expected in October.
24 Aug 2015drilling scheduled▲ Good
Six diamond holes (about 1,000m) at Yerelina are due to start next week, 50% co-funded by the SA Government through the $75,000 PACE grant. Drilling should take 3-4 weeks, with assays expected in October. This is the first drilling at the never-drilled project.
19 Aug 2015farm in farm out agreement▲ GoodMajor
Core signed a non-binding MOU with an unnamed offshore party to earn up to 80% of the Inkheart/Blueys tenement (EL 28136) by spending $2M over 2 years: 51% for $1M in 12 months. Subject to about 3 months' due diligence and funding approval; a JV is expected around end-2015.
10 Aug 2015drilling scheduled▲ Good
Core has all approvals for its maiden Jervois Domain drilling: at least 4,000m of shallow RC drilling across 14 targets on a 15km strike, with the rig due in September. It says the SPP underwriting funds it. This firms up the earlier 'late August' start, which has slipped.
7 July 2015drilling progress report▲ Good
A review of 1960s stream sediment data shows a zinc and lead anomaly over more than 30 square kilometres at Yerelina, including Big Hill and Great Gladstone. Core's soil surveys target it; first drilling is expected this quarter. No new assays.
18 June 2015drilling scheduled▲ GoodMajor
The Northern Territory Geological Survey awarded $96,000 to co-fund a 1,000m diamond drilling program at Inkheart, planned for the second half of 2015, to test beneath earlier RC intersections. This resolves the open question of what comes next at Inkheart.
16 June 2015drilling result▲ Good
Yerelina exploration found a new mineralised shear, Grace, with up to 14% combined lead and zinc in handheld XRF rock chips, taking known high-grade structures to six. Drilling is targeted as early as Q3 2015; these are surface readings only.
4 June 2015drilling result▲ GoodMajor
Geophysical modelling with CSIRO defined 14 potential drill targets along a 15km strike at Jervois, plus a 10km stratiform chargeable zone. Core says drilling needs significant funding and it is negotiating with a possible JV partner. This is modelling, not drilling.
2 June 2015drilling result▲ Good
New sampling at Yerelina found a gossan over 10m wide at Big Hill, part of a shear zone anomalous in zinc, lead and silver over at least 2km. Channel samples up to 3% zinc. Surface sampling only; the area has never been drilled.
13 May 2015drilling scheduled▲ Good
Initial geophysical modelling with CSIRO has identified multiple potential drill targets at Jervois, notably the Dante prospect. Phase 1 modelling is due by end of May, then ground geophysics and drill planning. The March 2015 drilling start has slipped, and no drill date is given.
