Clara Resources Limited (ASX: C7A) announced its recent partnership with the owners of the pastoral property Strathnairn. This expansive 147-hectare grazing and cropping property, located next to the Ashford coking coal project development tenement, presents an exceptional opportunity for both parties. As part of the Option Agreement, Clara will make an annual payment to the landowner and has already established the purchase price if either option is exercised. In addition, Clara is actively engaging in discussions with other landholders in the vicinity, further solidifying its positioning in the project area.
The upcoming acquisition of an ancillary services mining lease over the Strathnairn property is a strategic move, as the area boasts the ideal setting for essential mining support infrastructure. This includes facilities such as a coal handling plant, stockpiles, product loading and dispatch, clean water dams, and workshops. Clara will optimize its mine plan and streamline operations by choosing this location, enhancing overall efficiency and success.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
