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An announcement from Corella Resources Ltd ( (AU:CR9) ) is now available.
Corella Resources has shifted its exploration emphasis toward the Bonnie Rock and Earoo tenements, following a geologists’ review that defined an exploration program to investigate mineral targets in these areas in the current quarter, subject to weather and land access. While the Tampu kaolin project remains under assessment, the company is exploring options such as research into kaolin-to-HPA processing and possible joint venture arrangements, has relinquished non-critical portions of several tenements to cut costs, and ended the December 2025 quarter with $932,957 in cash, supported by a $1 million placement to sophisticated investors being completed in two tranches, with the second tranche and associated options pending shareholder approval in February 2026.
The most recent analyst rating on (AU:CR9) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Corella Resources Ltd stock, see the AU:CR9 Stock Forecast page.
More about Corella Resources Ltd
Corella Resources Ltd (ASX: CR9) is an Australian mineral exploration company focused on kaolin and related mineral projects, including the Tampu, Bonnie Rock, Earoo and Wiltshire tenements in Western Australia. The company targets value creation through exploration, potential development partnerships and selective project acquisitions within the industrial minerals and advanced materials space.
Technical Sentiment Signal: Sell
Current Market Cap: A$9.59M
For a thorough assessment of CR9 stock, go to TipRanks’ Stock Analysis page.