CORE LITHIUM LTD — Investor Presentation 2014

Aug 26, 2014

Core : CXO DRILLING AUSTRALIA’S NEW

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Company Update Presentation Aug/Sep 2014

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Disclaimer

This document has been prepared by Core Exploration Limited (“Core”, “Company”) and provided as a basic overview of the tenements held or controlled by the company. This presentation does not purport to be all-inclusive or to contain all the information that you or any other party may require to evaluate the prospects of the Company.

None of the Company, any of its related bodies corporate or any of their representatives assume any responsibility for, or makes any representation or warranty, express or implied, with respect to the accuracy, reliability or completeness of the information contained in this document and none of those parties have or assume any obligation to provide any additional information or to update this document.

To the fullest extent permitted by law, the Company, its related bodies corporate and their representatives expressly disclaim liability for any loss or damage arising in respect of your reliance on the information contained in this document (including your reliance on the accuracy, completeness or reliability of that information), or any errors in or omissions from this presentation, including any liability arising from negligence.

The mineral tenements of the Company as described in this presentation are at various stages of exploration, and potential investors should understand that mineral exploration and development are high-risk undertakings.

There can be no assurance that exploration of the Tenements, or any other tenements that may be acquired in the future, will result in the discovery of an economic ore deposit. Even if an apparently viable deposit is identified, there is no guarantee that it can be economically exploited.

This document contains statements which may be in the nature of forward-looking statements. No representation or warranty is given, and nothing in this presentation or any other information made available by the Company or any other party should be relied upon as a promise or representation, as to the future condition of the respective businesses and operations of the Company.

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Company Information

Shares Price A$ ~$0.06 Shares on issue 124M Options (CXOO 10c Oct14) 30M Market cap (undil) ~$7M Cash (22/08/14) ~$1.6M Top 20 (Consolidated) ~45% Number of shareholders ~500

Management Stephen Biggins - Managing Director Greg English - Chairman Michael Schwarz - Director Jarek Kopias - CFO/Company Secretary

Share Price

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0.08
0.06
A$
0.04
0.02
July 2013 2014 July 2014 2015
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Core’s Projects

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Albarta
Fitton
Roxby Downs South
Yerelina
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• Core’s exciting results are opening up a new exploration province at Albarta in the NT

• Drilling starting next week to follow-up 1,000g/t silver and 17% zinc + lead hits

• Two copper IP targets (20%Cu in rock chips) also ready to drill in the NT

• AEM surveys to define drill targets within large 20km prospectve zone at Jervois

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Albarta Project, NT

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Darwin
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Core has recently moved to 100% ownership* - of 20 tenements covering over 2,000km[2 ] Albarta Project, NT

• Multiple occurrences of mineralisation indicates strong prospectivity

• Recent drilling hit >1,000g/t silver and 17% lead+zinc

• Finding more copper at surface

• Core’s Jervois tenements near KGL

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NORTHERN TERRITORY
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Kidman (KDR)
Home of Bullion Kentor (KGL)
Jervios
Core (CXO) Project
Albarta Project
Alice Springs
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• **

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Strong Prospectivity

• 1,000g/t silver in recent drilling at Blueys Prospect

• 350g/t silver and 17% zinc+lead drilled at Inkheart Prospect

• Up to 34% copper[#] ready to drill at Virginia Prospect

• Up to 20% copper[#] and 72g/t gold[#] ready to drill Copper Queen • Multiple >1% copper[#] outcrops at Greater Paradise Well

• Jervois tenure 500m from KGL’s 13m @ 5.75% Cu (Bellbird)

• Drilling commencing at Inkheart/Blueys next week

• *#

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Multiple Prospects

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400,000 mE 500,000 mE
Copper Queen (14% Cu & 72g/t Au) in rock chips
Virginia (34.0% Cu) in rock chip
Copper King (14% Cu & 38g/t Au) in rock chips
Selins (13% Cu) in rock chips
Daicos (19.37% U, 26.52% Nb)
in rock chips
AILERON PROVINCE
IRINDINA PROVINCE
(Early Proterozoic)
(Late Proterozoic)
Yambla (U)
Paradise Well (3.8% Cu) in rock chips
Jay (8.9% Cu) in rock chips
Mordor (Cu, Au, PGE) Star Creek (Au, Cu)
7,400,000 mN East Amarata (25g/t Au) in rock chips
Blueys Folley (7% REE) in rock chips
Pattersons (Au)
Alice Springs Amarata (Au)
WARUMPI White Dam South (Cu-Zn)
PROVINCE
Blueys 2m@843g/t Ag, 5.9%Pb
Inkheart 4m@195g/t Ag, 5.24%Pb
Alice Springs Albarta Project Major roadMinor road Core’s Albarta Project granted Exploration AMADEUS BASIN(Late Proterozoic)
Railway Licences (EL)
600 KM Core Prospect 40 kilometres EROMANGA
CE Illogwa 12 BASIN
Plenty
Highway
Adelaide-Darwin railway
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High grade silver, lead & zinc drilled at Blueys and Inkheart Prospects 1kg/t silver and 17% zinc&lead

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Very high grade silver Very high grades of 4.5kg/t (4,500g/t) silver and 10% copper at surface Discovery drill intersections by Core include:

• 1m @ 1,070g/t silver (Ag) and 8% lead (Pb) at Blueys

• 2m @ 843 g/t Ag and 5.9% Pb within 17m @ 116 g/t Ag

• and 0.83% Pb at Blueys

• 4m @ 195 g/t Ag, 5.24% Pb and 2.49% Zn from 111m

• inc. 1m @ 354 g/t Ag, 11.13 % Pb and 6.51% Zn, within 36m @ 29g/t silver at Inkheart

• Drilling program to commence early September

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7,401,450mN 475,400mE 7,401,400mN 7,401,350mN 475,100mE 7,401,300mN
Inkheart high grade discoveryNorth west South eas
600mRL Oxidised weathered sediments
8 m@22g/t Ag from 34m 4m@18g/t Ag from 42m
4m@59g/t Ag, 1.63% Pb50m
from 60m
550mRL
2m@42g/t Ag, 1.02% Pb
from 82m
31m@10g/t Ag from 108m 100m
including 1m@102g/t Ag,
2.01% Pb from 108m and
7m@14g/t Ag from 132m
500mRL 14m@14g/t Ag, from 123m
including 1m@120g/t Ag from 131m
36m@29g/t Ag from 90m 2m@ 32g/t Ag from 148m
including 4m@195g/t Ag, 5.24% Pb,
2.49% Zn from 111m
including 1m@354g/t Ag, 11.13% Pb,
6.51% Zn
450mRL
Fresh Bitter Springs Formation sediments
NORTHERN TERRITORY
EL 28136
0 50 INKHEART PROSPECT
metres Cross section
Looking north east
Inkheart 01a
100m
150m
50m
100m
50m 50m
100m
50m
IKRC005
IKRC001
IKRC002 IKRC004 IKRC003
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Inkheart large silver footrpint

• Core’s Blueys Prospect has a footprint of 500m x 250m assaying over 1,000ppb Ag. Peak silver in soil value is 25,250ppb Ag.

• Core’s Inkheart Prospect has a footprint of 1,400m x 300m assaying over 1,000ppb Ag. Peak silver in soil value is 19,552ppb Ag.

• Investigator Resources Ltd (ASX: IVR) flagship Paris Prospect in SA has a footprint of 1,200m x 300m assaying over 100ppb Ag with a centre of about 200m over 500ppb Ag and a peak silver in soil value of .

• 1,629ppb

• These results led to high grade silver discovery and increased market cap for IVR

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Virginia Prospect Kilometre scale copper target grading 1%-5% Cu at surface Ready to drill

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Phase 2 drilling : Copper targets

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• Copper horizon identified over 1km strike >1% Cu

• Strong IP targets below

• Drilling planned Q4 this year

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Copper Queen Multiple prospects including and Up to 20% copper 72g/t gold at surface

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Phase 2 Drilling : Copper targets

• New IP drill targets below surface copper mineralisation at the Copper Queen Prospect

• Up to 20% copper and 72g/t gold rock chips

• 31 samples exceed 5% copper

• 132 samples exceed 1% copper and average 2.0g/t gold

• Drilling plannned Q4 2014

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Greater Paradise Well - Jay Prospect

Pipeline of drill targets is growing

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• Core is discovering new occurrences of copper in outcrop

• Copper now identified at surface over a 4km x 4km in GPW area

• 8.9% copper in outcrop with 2km magnetic target at Jay and Manny Prospect

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Core’s Jervois tenements, NT 500m from KGL’s 13m @ 5.75% Cu Significant success for the Albarta region

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Large 20km prospective zone at Jervois AEM to define drill targets in October

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Catalysts for price growth

• Core has moved to full ownership in Australia’s new exploration hotspot in the NT :

• Core is opening up a new exciting exploration province and about to enter into discovery phase of exploration.

• Multiple drilling programs scheduled : Inkheart/Blueys (silver, lead, zinc) followed by drilling of copper targets at Virginia and Copper Queen prospects.

• AEM surveys to define drill targets in Jervois area

• **

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Level 2, 143 Hutt Street Adelaide SA 5000 PO Box 7298, Hutt Street Adelaide SA 5000 Telephone: 08 7324 2987 Facsimile: 08 8312 2002 www.coreexploration.com.au

The information in this report that relates to Exploration Results and Mineral Resources is based on information compiled by Stephen Biggins (BSc(Hons) Geol, MBA) as Managing Director of Core Exploration Ltd who is a member of the Australasian Institute of Mining and Metallurgy and is bound by and follows the Institute’s codes and recommended practices. He has sufficient experience which is relevant to the styles of mineralisation and types of deposits under consideration and to the activities being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr. Biggins consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.The report includes results that have previously been released under JORC 2012 by Core. The Company is not aware of any new information that materially affects the information included in this announcement:

20/08/2014 Large prospective zone defined in Jervois area 11/08/2014 8.9% copper within new 2km magnetic target at Albarta Project 30/07/2014 IP copper drill targets identified at Copper Queen Prospect 22/07/2014 Core Commences Exploration on Jervois Region Tenements, NT 02/07/2014 5km Prospective Copper Trend Identified at Selins Prospect 17/06/2014 High Grade Silver Lead from Albarta Drilling Program NT 03/06/2014 Exciting Copper Drill Targets - Virginia Prospect, NT 29/04/2014 Quarterly Activities and Cashflow Report 31 March 2014

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