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Corella Resources Ltd (ASX:CR9)

ALERT: Price-sensitive ASX Announcement for CR9
Current share price for CR9 : $0.011 0.008 (266.67%)+
Announcement
Release
24 Jul 2025 1:33PM
Price at Release
$0.003
Full Release
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Summary
Corella Resources Ltd released its Quarterly Activities and Appendix 5B Cash Flow Report for the period ending 31 March 2024. The report highlights operational progress at the Tampu Kaolin Project, including ongoing mining lease applications, continued environmental studies, and infill drilling to upgrade resource confidence. The company remains focused on advancing infrastructure planning, offtake discussions, and studies supporting project development. Financially, the report outlines cash inflows and outflows, with the company maintaining a healthy cash balance at the end of the quarter. Significant activities also include the renewal of exploration licenses, further metallurgical test work, and stakeholder engagement. The company did not undertake any substantive mining production in the quarter, with efforts centered on de-risking and advancing the Tampu project toward development.
Key Points
  • Quarterly Activities and Cash Flow Report covers period ending 31 March 2024.
  • Focus on advancing the Tampu Kaolin Project in Western Australia.
  • Ongoing mining lease applications, environmental studies, and infrastructure planning.
  • Infill drilling conducted to upgrade resource confidence and classification.
  • Continued offtake discussions with potential customers for high-purity alumina feedstock.
  • Progress in metallurgical test work and product specification development.
  • Renewal and granting of key exploration licenses across project areas.
  • No mining or production undertaken during the reporting quarter.
  • Quarter closes with a strong cash position and careful management of exploration expenditures.
  • Efforts directed at project de-risking, permitting, and stakeholder engagement.
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.