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Corella Resources (ASX:CR9) - Managing Director, Tony Cormack
Managing Director, Tony Cormack
Source: Corella Resources
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  • Corella Resources (CR9) confirms the the high purity of kaolin from its Tampu Kaolin Project near Beacon in Western Australia
  • The project’s maiden resource and metallurgical program has recovered bright white kaolin intercepts described as being broad and shallow
  • The intercepts show an average yield of 57 per cent and low levels of impurities, which Corella deems important for targeting high-value markets
  • CR9 will begin estimation work for a maiden resource immediately with results due next month
  • Shares are down 8.47 per cent to 5.4 cents each at 2:01 pm AEST

Corella Resources (CR9) has confirmed the high purity of kaolin recovered from its Tampu Kaolin Project near Beacon in Western Australia.

The company received assays from the maiden resource and metallurgical program, which returned bright white kaolin intercepts described as broad and shallow.

Notably, the work returned several “significant” intercepts with an average yield of 57 per cent.

The company also noted very low levels of impurities across four critical deleterious elements among the assays, which it considered important for targeting supply into technology and high-value markets.

Corella’s managing director Tony Cormack said the results clearly demonstrated the quality, scale and potential of the project.

“These high-purity drill hole assay results will now underpin a maiden resource estimate for Tampu to be completed by a world-renowned consulting group, with results due in late September, 2021,” he said.

“The assay results will also guide the sampling regime for detailed metallurgical test work, process flow sheet design and generation of bulk samples for end user verification using their own processes.”

CR9 is currently generating bulk-scale representative samples in Perth for use in metallurgical test work to define end-user specifications, grade and quality.

The company intends to update the market as results become available.

Shares were down 8.47 per cent to 5.4 cents each at 2:01 pm AEST.

CR9 by the numbers
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