Latest Breaking News On - Northern territory based - Page 7 : comparemela.com

Core Lithium Ltd(ASX: CXO) share price is shooting higher. At the time of writing, the Northern Territory-based lithium developer’s shares are up 8% to 27.5 cents. Why is the Core Lithium share price shooting higher? Investors have been buying Core Lithium’s shares this morning following the release of a very positive announcement. According to the release, new geophysical surveys have successfully shown a strong correlation with lithium pegmatite distribution within its wholly owned Finniss Lithium Project. The company notes that gravity geophysics is now considered an important tool for mapping lithium rich pegmatites within the Finnis pegmatite field. The Finniss Gravity survey, which was co-funded by the Northern Territory Government, has identified a major NNE-trending gravity high and potential lithium-pegmatite corridor.

Northern territorySouth australiaScott phillipsStephen bigginsCore lithium ltdFinniss gravityNorthern territory basedCore lithiumFinniss lithiumNorthern territory governmentManaging directorFinniss gravity surveyMotley fool share advisorவடக்கு பிரதேசம்தெற்கு ஆஸ்திரேலியாஸ்காட் பிலிப்ஸ்