The Bynoe Project is situated on the Cox Peninsula, 50 km south of Darwin adjacent to the Core Lithium (ASX: CXO) Finniss Project (recently upgraded and increased Mineral Resource (48.2Mt @ 1.26% Li2O) across 7 prospects as of April 11 2024).
Australia is a prolific mining nation, built on a history of safe, stable mineral extraction.
Project area strategically positioned 45km from Darwin Port which is Australia's nearest port to Asia and key gateway for Australasian trade.
Proximity to Darwin provides significant infrastructure availability, with labour and supply route benefits.
Project is located in a similar geological setting to Core Lithium’s Finniss mine: recent upgraded Mineral Resource Estimate −48.2Mt @ 1.26% Li2O
Flagship Bynoe Project adjacent to Core’s deposits which benefited from a recent upgraded Mineral Resource Estimate −48.2Mt @ 1.26% Li2O
Total of 19 granted exploration licences (and additional 3 exploration licences under application), across more than 1,575km2 of tenure
Very small proportion of total tenement area field sampled providing significant opportunity for follow up soil sampling and potential lithium bearing pegmatite discoveries
Multiple walk up, drill ready targets identified providing optionality for future drilling programs