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Corella Resources Secures 75% Stake in West Arunta’s Chobe Project Backed by $5m Placement
9:58am on Monday 27th of April, 2026 AEST
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Mining
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Corella Resources Secures 75% Stake in West Arunta’s Chobe Project Backed by $5m Placement
9:58am on Monday 27th of April, 2026 AEST
Key Points
Acquisition of 75% interest in Chobe Project covering over 2,000 km2
Project targets niobium, rare earths, and IOCG deposits with structural similarities to nearby discoveries
Placement to raise $5 million with strong investor demand
Joint venture formed with Caprice Resources holding 25%, Corella free carries until decision to mine
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