Core Lithium Ltd. provided an update on the latest development activities at its Finniss Lithium Project (Project) near Darwin in the Northern Territory. As recently announced to the market, CSI Mining Services (CSI) has been awarded a
Crushing Services Contract for the crushing of run of mine ore at the Finniss Project.
The crushed ore will then be stockpiled before being processed by the Dense Media
Separation (DMS) plant. CSI is scheduled to begin mobilising to the Project next
month. Earthworks for the DMS plant are nearing completion with that area of the site to be
handed over to Primero Group at the end of the week. The DMS plant will process
the crushed ore to make spodumene concentrate, which will be ready for export. The recent grant of environmental approval for the BP33 Underground Mine was a
significant milestone and marks the end of the Environmental Impact Assessment
process for this proposed component of the Finniss Project. In the coming weeks,
Core intends to lodge a Mining Management Plan (MMP) to the Department of
Industry, Tourism & Trade (DITT) for assessment. The Grants open pit will be the initial source of ore for the DMS plant until BP33 and
other mines are bought online.