Final Surrender Report, 1 January 2019 to 21 April 2019 EL 29669 Jervois South

Abstract

This is the final surrender report of EL 29669, which was part of Core Lithium Ltd.'s (CXO) Jervois Domain Project (GR348). EL 29669 was held 100% by DBL Blues Pty Ltd, a wholly owned subsidiary of CXO and was in its sixth year of tenure (granted 22 April 2013). EL 29669 (and the Jervois Project area) is dominated by parts of the Aileron and Irindina Provinces as well as the Georgina Basin. The basement in the area consists of sedimentary and igneous rocks of the Aileron Province of Paleo-Proterozoic age (1865 - 1500 Ma). The rocks have been metamorphosed to upper green-schist to lower amphibolite facies during the Strangways Orogeny (1740 - 1690 Ma). During 1 January 2019 to 21 April 2019, CXO has not undertaken any new exploration work on EL 29669. This is largely due to a substantial commitment of resources and funds by CXO to pursue an aggressive resource definition drilling campaign at the Finniss Lithium Project area, proximal to Darwin.