- Broad, shallow sonic drill core intercepts confirm high purity bright white kaolin and demonstrate the quality, scale, and potential of the
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- Upgraded Mineral Resource Estimate to underpin a Scoping Study and will include options for supply into traditional and HPA markets
- Sonic core bulk sample to provide definitive metallurgical/HPA analysis
- Test pit planned for multiple bulk scale samples for a number of potential offtake partners
- Tampu has the potential to become a long term source of the highest purity kaolin/HPA globally - Corella remains focussed on a strategy of becoming a major supplier/producer to the HPA market
- Substantial potential for future growth as demonstrated by recent drilling success at the nearby Whitecap and Whitehills prospects with assays pending
Significant intercepts from the 2022 sonic core drilling include:
CRSD014: 11m @ 47.2% SiO2; 38.3% Al2O3; 0.08% Fe2O3; 0.25% K2O; 0.00% Na2O & 0.4% TiO2 from 7m
CRSD015: 10.5m@47.0% SiO2; 38.8% Al2O3; 0.11% Fe2O3; 0.16% K2O; 0.06% Na2O & 0.3% TiO2 from 7.5m
CRSD005: 9.5m @ 46.7% SiO2; 38.1% Al2O3; 0.11% Fe2O3; 0.18% K2O; 0.00% Na2O & 0.4% TiO2 from 5m
CRSD007: 16m @ 46.8% SiO2; 38.1% Al2O3; 0.13% Fe2O3; 0.42% K2O; 0.00% Na2O & 0.4% TiO2 from 8m
CRSD006: 12m @ 47.5% SiO2; 37.6% Al2O3; 0.18% Fe2O3; 0.62% K2O; 0.00% Na2O & 0.4% TiO2 from 7m
CRSD001: 7m @ 47.2% SiO2; 38.4% Al2O3;0.18% Fe2O3; 0.18% K2O; 0.00% Na2O & 0.5% TiO2 from 7m
CRSD029: 11m @ 47.2% SiO2; 38.0% Al2O3; 0.20% Fe2O3; 0.35% K2O; 0.00% Na2O & 0.4% TiO2 from 5m
CRSD028: 7m @ 47.2% SiO2; 37.9% Al2O3; 0.20% Fe2O3; 0.43% K2O; 0.00% Na2O & 0.4% TiO2 from 8m
CRSD030: 7m @ 47.5% SiO2; 37.8% Al2O3; 0.23% Fe2O3; 0.44% K2O; 0.00% Na2O & 0.6% TiO2 from 8m
CRSD010: 14m @ 47.5% SiO2; 37.9% Al2O3; 0.27% Fe2O3; 0.28% K2O; 0.00% Na2O & 0.6% TiO2 from 5m
CRSD031: 14m @ 47.3% SiO2; 37.8% Al2O3; 0.28% Fe2O3; 0.40% K2O; 0.00% Na2O & 0.5% TiO2 from 5m
CRSD025: 13m @ 47.3% SiO2; 37.9% Al2O3; 0.30% Fe2O3; 0.40% K2O; 0.00% Na2O & 0.3% TiO2 from 8m
CRSD021: 13m @ 47.4% SiO2; 37.8% Al2O3; 0.32% Fe2O3; 0.16% K2O; 0.00% a2O & 0.4% TiO2 from 3m
CRSD008: 13m @ 47.1% SiO2; 38.0% Al2O3; 0.34% Fe2O3; 0.19% K2O; 0.00% Na2O & 0.4% TiO2 from 5m
CRSD002: 10m @ 47.8% SiO2; 37.9% Al2O3; 0.34% Fe2O3; 0.49% K2O; 0.00% Na2O & 0.5% TiO2 from 7m
CRSD004: 9m @ 48.0% SiO2; 37.8% Al2O3; 0.34% Fe2O3; 0.29% K2O; 0.00% Na2O & 0.4% TiO2 from 5m
CRSD032: 9m @ 48.3% SiO2; 37.2% Al2O3; 0.39% Fe2O3; 0.13% K2O; 0.03% Na2O & 0.6% TiO2 from 6m
CRSD011: 14m @ 47.1% SiO2; 37.6% Al2O3; 0.41% Fe2O3; 0.36% K2O; 0.00% Na2O & 0.5% TiO2 from 8m
CRSD020: 11m @ 47.3% SiO2; 37.5% Al2O3; 0.42% Fe2O3; 0.32% K2O; 0.00% Na2O & 0.4% TiO2 from 3m
CRSD012: 9m @ 47.7% SiO2; 37.6% Al2O3; 0.43% Fe2O3; 0.32% K2O; 0.00% Na2O & 0.5% TiO2 from 9m
CRSD013: 16m @ 47.3% SiO2; 37.7% Al2O3; 0.46% Fe2O3; 0.30% K2O; 0.00% Na2O & 0.4% TiO2 from 8m
CRSD023: 8m @ 46.7% SiO2; 37.5% Al2O3; 0.47% Fe2O3; 0.40% K2O; 0.00% Na2O & 0.5% TiO2 from 10m
CRSD016: 14m @ 48.1% SiO2; 37.6% Al2O3; 0.50% Fe2O3; 0.29% K2O; 0.00% Na2O & 0.4% TiO2 from 5m
CRSD017: 12m @ 48.0% SiO2; 37.6% Al2O3; 0.50% Fe2O3; 0.24% K2O; 0.00% Na2O & 0.4% TiO2 from 6m
Corella Resources Managing Director,
We proudly boast
"These drill hole assays results confirm the uniform quality, scale, and huge potential of the
"We remain focussed on a HPA strategy, and these latest results validate that strategy. We will now progress toward scoping and feasibility studies, with HPA front and centre due to the high grade and low impurities at Tampu which will translate into a low cost operation with high profit margins."
During the months of September and
Recent sonic samples were analysed by
Results from the 2022 Sonic drilling will be compiled by
Sonic drill core confirmed the broad zone of bright white kaolin to be shallow (see Figure 2) with a high brightness and completely above the water table. A bulk scale sonic composite sample will provide definitive metallurgy and further HPA analysis. The Company has already exceptional HPA results from bulk scale composite aircore samples which achieved 99.99957% Al2O3 (5N+) purity. The Company along with its consultants have developed a flowsheet that will not only potentially reduce capital expenditure for a HPA plant but also significantly reduce operational costs.
The exceptional assays results achieved from the Sonic drill core from Tampu bodes well for further advancement in the development of HPA specific to the Tampu high purity bright white kaolin.
The Company is fast-tracking planning of a test pit at Tampu to provide multiple bulk scale samples for numerous potential offtake partners. In-situ samples from a test pit will provide definitive samples at a bulk scale allowing for advancement of offtake discussions.
Tampu has the potential to become a long term source of the highest purity kaolin/HPA globally and is Corella's first kaolin deposit defined at the Project. There is substantial potential for future growth as demonstrated by recent drilling success at the nearby Whitecap and Whitehills prospects with assays pending.
Excellent existing infrastructure at Tampu
The Company has entered into a binding contract with grain supply chain co-operative, the
The 100% owned
Adding to the potential of the
With
*To view tables and figures, please visit:
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About
Contact:
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WWW: www.corellaresources.com.au
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