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Clara Resources Australia Limited (ASX:C7A)

ALERT: Price-sensitive ASX Announcement for C7A
Current share price for C7A : $0.003 -0.001 (-25%)+
Announcement
Release
15 Apr 2026 12:05PM
Price at Release
$0.004
Full Release
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Summary
Clara Resources Australia Limited (ASX: C7A) has announced the completion of an integrated digital geochemistry database for the Mareeba Gold Project in Far North Queensland. This work represents the first modern digitization and assessment of historical geochemistry data from the Western Mining Corporation’s exploration program during the 1980s. The database includes 3,717 soil samples, 1,723 stream sediments, and 320 rock chip samples, highlighting extensive coincident gold anomalies over a 15 km strike. The historical data reveals significant peak gold values, supporting the potential for a large-scale mineralized system. Clara plans to use this comprehensive database as a foundation for further exploration, including high-priority target definition and a planned maiden drilling program in the second half of 2026.
Key Points
  • Completion of Mareeba Gold Project geochemical database
  • First modern assessment of historical WMC geochemical data
  • Database includes 3,717 soil samples, 1,723 stream sediments, 320 rock chip samples
  • Significant gold anomalies identified over 15 km strike
  • Historical peak gold values: 52 g/t Au (rock chips), 1.32 g/t Au (soil), 5.24 g/t Au (stream sediments)
  • Plans for maiden drilling program in second half of 2026
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.