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Corella Resources Secures 75% Stake in West Arunta’s Chobe Project with $5 Million Placement
9:57am 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 with $5 Million Placement
9:57am on Monday 27th of April, 2026 AEST
Key Points
Acquisition includes 8 granted tenements and 7 applications spanning over 2,000 km2
Project targets niobium, rare earth elements, and IOCG deposits in West Arunta
Placement of $5 million to fund acquisition and exploration heavily oversubscribed
Joint venture formed with Caprice Resources, Corella free carrying until mining decision
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Corella Resources (ASX:CR9)
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