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Core Lithium’s Finniss Project Sees Major Resource Boost
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Core Lithium’s Finniss Project Sees Major Resource Boost

Core Lithium Ltd (AU:CXO) has released an update.

Core Lithium Ltd has reported a substantial 58% increase in the Mineral Resource Estimate for the Finniss Lithium Project, with the total resource now standing at 48.2 million tonnes at 1.26% lithium oxide. The exploration program in 2023, which was the largest to date, has also led to a remarkable 429% growth in the combined resources of the Lees & Booths areas. The company is optimistic about the potential for large lithium deposits in the region and plans to continue exploration in 2024.

For further insights into AU:CXO stock, check out TipRanks’ Stock Analysis page.

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