Clara Resources Australia LimitedASX: C7A

Drilling and PSF Work Plan

· Issued by Clara Resources Australia Limited

Filed with ASX · · 5 pages · English

Summary by 6ix AI

Clara Resources Australia Limited has announced the commencement of a drilling program and Preliminary Feasibility Study activities at the Ashford coking coal project, aimed at enhancing resource definition and coal quality data. The drilling program will involve multiple core and chip holes to gather essential information for an updated resource report and to refine the mining plan. This initiative is part of Clara's strategy to advance the project towards developing a coking coal mine and exporting through the Port of Newcastle. The company plans to engage independent experts for the technical and commercial aspects of the study, with the drilling expected to start in the first quarter of the following year.

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