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How Will Clara’s Ashford Drilling and $600K Raise Shape Its Future?

3:01pm on Thursday 31st of July, 2025 AEST Mining
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How Will Clara’s Ashford Drilling and $600K Raise Shape Its Future?

3:01pm on Thursday 31st of July, 2025 AEST
Key Points
  • Updated 2025 JORC Resource report to increase measured coal resources confidence
  • Planned drilling program contingent on funding to refine mining and processing plans
  • Strategic review underway for Kildanga Nickel/Cobalt project including potential divestment
  • Two-tranche placement raised approximately A$600,000, with shareholder approval pending for second tranche
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