Kildanga Nickel & Cobalt Project

. (100% Clara owned and operated)

4 Distinct Areas

The Kildanga prospect consists of 4 distinct areas. More recently the SW section has been targeted in multiple exploration programs, creating an extensive database. Market updates on exploration programs were released over 2018 & 2019, showing encouraging close to surface intersections of Ni & Co.

The ore is considered potentially suitable for crushing, milling and flotation to produce concentrate.

The Company continues to compile and review all historical geological data, this review extending to all exploration permit areas to create a regional reconciliation. The work includes establishing regional borehole and geochemical databases, completing a geophysical review and creating a new geological model. This will be used to determine the work needed, including costed additional exploration, to identify a mineralized resource of sufficient size from which a conceptual economic mine plan may be developed.

Work Program

  • Broaden previous exploration programs to target significant Ni-Co resource, supporting a 2 to 3Mtpa ROM operation

  • Preliminary assessment of ore concentrator and location options

  • Determine route to market & transport options, noting project advantages:

    • Established service centre(Gympie) nearby

    • Existing sealed roads create short & direct route to port (Brisbane & Bundaberg) for dispatch

  • Project economic evaluation