C7A 0.00% 0.7¢ clara resources australia ltd

Ann: Quarterly Activities Report, page-22

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  1. 7,288 Posts.
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    They couldn't get the tin processed through the mill as there were problems with not reaching a worth-while output of tin, so the first half of this year has been upgrading the mill on a limited budget while producing small amounts of tin. The mill is now much more efficient so any production from now on will be on track providing the ore is there to process.
    They seemed reasonably confident that the 1st shipment will occur in the next 2 months so in that time, with the funding in place and 1st sale, the Granville mining resumption sounds like a possibility not to far away. They are already trucking ore from the mine so the road is functional. Getting Granville into full production is the main priority.
    Mt Cobalt is the wildcard that will be progressed if they can find the way to drill into the steep terrain and Taronga is further down the track once Granville is in full swing.

    That is the situation now as I see it.
 
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