Corella Resources Ltd Stock Market Press Releases and Company Profile
Sonic Drilling Underway at Tampu
Sonic Drilling Underway at Tampu

Perth, Aug 16, 2022 AEST (ABN Newswire) - Corella Resources Ltd (googlechartASX:CR9) is pleased to advise that resource definition drilling has commenced at the Company's 100% owned flagship Tampu kaolin project, located near Beacon in Western Australia. The drill program will total ~1,000m and consist of 50 to 80 sonic drill core holes, to an average depth of ~15m to a drill spacing of 80 x 80m in select locations (see Figure 2*).

- Sonic resource definition drill program has commenced at Tampu to advance project closer to production

- 1,000M Drill program designed to upgrade Resources into Reserves and fast track to PFS

- Sonic drill core to produce 10 tonne composite sample for definitive metallurgical test work for offtake and to feed into feasibility studies

Corella Resources Managing Director, Tony Cormack, commented "The Corella team are happy to report that sonic resource definition drilling is well underway and progressing well at the Tampu project. The information that will be gained from this round of core drilling will allow us to advance the project closer to production. We have Australia's best resource of bright white purity kaolin which has been proven as excellent feedstock for HPA, and we intend to maintain our rapid development of the project towards production".

The program has been specifically designed to upgrade the existing 24.7Mt of Inferred Mineral Resource into Indicated and Measured Resources for conversion into Reserves. These Reserves will be used to underpin a Pre-Feasibility Study for the Tampu Project and have the deposit in mineable classifications.

About the kaolin and HPA markets

Historically used in the paper and ceramics industry, kaolin is now viewed as a "white gold" new economy commodity, able to be processed into metakaolin or High Purity Alumina (HPA). Kaolin is exceptionally well-suited natural material to produce High Purity Alumina (HPA) used in high end technology such as Lithium Ion Batteries (LIB).

The high purity bright white kaolin deposit at Tampu has extremely low levels of impurities, which is critical to all existing markets and end user products. The ultra-high purity distinguishes it as a leading kaolin project, particularly as feedstock for HPA applications.

Metakaolin is one of the best cement substitutes, and can improve concrete's flexibility and strength, reduce its permeability and the CO2 emissions in its manufacture by up to 40%. Given concretes massive use around the world, this has significant implications for a greener and more sustainable world.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/P5COTNR9


About Corella Resources Ltd

Corella Resources LtdCorella Resources is an Australian exploration company listed on the Australian Securities Exchange (ASX:CR9). Corella Resources is focussed on exploration and development of their 100% owned Tampu, Wiltshire and Kalannie kaolin projects along with the 100% owned Bonnie Rock silica project. All 4 projects are located in the mid-west of Western Australia.

abnnewswire.com 


Contact

Corella Resources Ltd
Tony Cormack
T: +61-8-9200-4402
E: info@corellaresources.com.au
WWW: www.corellaresources.com.au



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