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Aus Tin Mining Limited ( (AU:C7A) ) has issued an announcement.
Clara Resources used the December 2025 quarter to advance its 100%-owned Ashford Coking Coal Project by issuing a request for proposal to four drilling contractors for a program of cored and chip holes on EL6234, aiming to upgrade its JORC resource classification, validate coal seam geometry, and enhance coal quality data for use in a pre-feasibility study, mine planning, and processing design. The company also sold a 28-hectare parcel of non-core land within the Kildanga exploration tenement for $230,000 without affecting its exploration rights, and strengthened its balance sheet through a $1.587 million capital raising comprising an institutional placement and a fully underwritten non-renounceable rights issue, providing funding support for ongoing project work and corporate needs.
The most recent analyst rating on (AU:C7A) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Aus Tin Mining Limited stock, see the AU:C7A Stock Forecast page.
More about Aus Tin Mining Limited
Clara Resources Limited (ASX: C7A) is an Australian resources company focused on the development and exploration of coal assets, particularly coking coal, with key interests including the Ashford Coking Coal Project in New South Wales and the Kildanga exploration tenement near Gympie in Queensland.
Technical Sentiment Signal: Sell
Current Market Cap: A$3.87M
See more data about C7A stock on TipRanks’ Stock Analysis page.