Core Lithium (ASX:CXO) received assays for reverse circulation and diamond drilling at the Mt. Shoobridge gold propsect in the Northern Territory, according to a Wednesday Australian bourse filing.
Results from the systematic drilling completed at Mt. Shoobridge gold prospect include intercepts of 46 meters at 0.8 grams-per-tonne (g/t) grade of gold from a depth of 3 meters as well as 34 meters at about 1 g/t grade of gold from 49 meters.
The firm remains focused on activities related to the restart study for the Finniss lithium project on track for completion during the June quarter.
Chief Executive Paul Brown said the company would consider an economic opportunity to support a bulk, open-pit gold mining operation of this style of mineralization.
Core Lithium's shares rose almost 3% in recent trading on Wednesday.
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