Corella Resources is an Australian exploration company listed on the Australian Stock Exchange (ASX:CR9). The Company’s main focus is on the exploration of the following wholly owned, high-grade, low impurity kaolin and silica projects located in the Yilgarn Craton region of Western Australia:
Corella Resources Limited (Corella; ASX:CR9) has assembled a portfolio of only the highest purity kaolin projects in the stable mining jurisdiction of Western Australia. Corella aims to become a premium supplier in the global Kaolin and High Purity Alumina (HPA) market
Initially targeting existing DSO Kaolin industrial markets:
The Tampu Kaolin Project (Tampu) comprises two granted exploration licences held by Corella, being exploration licences E 70/5235 and E70/5214, which are currently held by Corella.
Tampu has seen two historical and one modern phase of exploration drilling and metallurgical programs. This drilling has sufficiently determined the validity and potential of Tampu to host significant bright white kaolin mineralisation with very low levels of contaminants. Further drilling and metallurgical test-work will be required in order to achieve a JORC compliant resource at Tampu.
The known mineralised area at Tampu is contained on two freehold farming properties that are, for the most part, fully cleared of vegetation and intermittently cropped. Agreements are in place with the two property owners for the purposes of exploration drilling and sub-surface rights at the Tampu.
The Wiltshire Kaolin Project (Wiltshire) comprises a single granted exploration licence, being E 70/ 5216, which is currently held by Corella.
Wiltshire is located adjacent to the Wenmillia Dam kaolin deposit, which is held by Blue Diamond WA Pty Ltd (ACN 090 511 970) to the north of Mullewa. Bright white kaolin is known to extend to the south and west of Wenmillia Dam along exposures in Wenmillia creek toward Corella’s Wiltshire project. Chemical analyses by the Geological Survey of Western Australia (“GSWA”) on kaolin samples drill samples from Wenmillia Dam show high purity kaolin with low levels of contaminant elements. This is a grass-roots project and significant further exploration and metallurgical test-work is required.
The Bonnie Rock Silica Project comprises a single pending exploration licence, being exploration licence E70/5665, which is currently held by Corella.
Previous exploration undertaken on the Bonnie Rock Project identified a prominent quartz vein that extends for an unknown distance below cover. Chemical analyses indicated that the quartz in the region is high-grade, had favourable thermal stability and thermal strength values and is suitable for use in the production of silicon metal.
