This presentation has been prepared  by Corella Resources Limited (Corella or the Company). The information contained in the presentation is summary only and should be read in conjunction with any other documents provided to you by the Company. The information is current as at 9 November 2023 and the Company does not undertake to provide any additional or update information, whether as a result of new information, future events or results or otherwise. By receiving this presentation, you acknowledge and represent to the Company that you have read, understood and accepted the terms of this disclaimer. This presentation is a private communication and is not intended for public circulation or for the use of any third party.

Some of the statements appearing in this presentation may be in the nature of forward-looking statements. You should be aware that such statements are only predictions and are subject to inherent risks and uncertainties. Those risks and uncertainties include factors and risks specific to the industries in which Corella operates and proposes to operate as well as general economic conditions, prevailing exchange rates and interest rates and conditions in the financial markets, among other things. Actual events or results may differ materially from the events or results expressed or implied in any forward-looking statement. No forward-looking statement is a guarantee or representation as to future performance or any other future matters, which will be influenced by a number of factors and subject to various uncertainties and contingencies, many of which will be outside Corella’s control.

Corella does not undertake any obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after today’s date or to reflect the occurrence of unanticipated events. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in this announcement. To the maximum extent permitted by law, none of Corella, its Directors, employees, advisors or agents, nor any other person, accepts any liability for any loss arising from the use of the information contained in this presentation. You are cautioned not to place undue reliance on any forward-looking statement. The forward-looking statements in this presentation reflect views held only as at the date of this presentation.

This presentation is not an offer, invitation or recommendation to subscribe for, or purchase securities by Corella. Nor does this presentation constitute investment or financial product advice (nor tax, accounting or legal advice) and is not intended to be used for the basis of making an investment decision. Investors should obtain their own advice before making any investment decision. By reviewing or retaining this presentation, you acknowledge and represent that you have read, understood and accepted the terms of this important notice.

The exploration targets or conceptual exploration targets in this presentation or expressed during the course of this presentation are subject to completion of the necessary feasibility studies, permitting and execution of all necessary infrastructure agreements. In relation to any statements pertaining to future exploration targets or conceptual exploration targets, the nature of the exploration target means that the potential quantity and grade is conceptual in nature.

This presentation and information, opinions or conclusions expressed in the course of this presentation should be read in conjunction with Corella’s other periodic and continuous disclosure announcements lodged with the ASX, which will be available on the Corella website.

This presentation contains information extracted from the following ASX market announcements which are available on the Company’s website at www.corellaresources.com.au:

  • Drillhole intercepts confirm high purity kaolin at Tampu dated 16 August 2021
  • Exceptional kaolin brightness results for Tampu Project dated 7 October 2021
  • Maiden Mineral Resource Estimate of 24.7Mt for Tampu Project dated 9 November 2021
  • Metallurgical results confirm outstanding purity at Tampu dated 23 March 2022
  • 5N purity confirms Tampu as premier specification for HPA  dated 30 June 2022
  • Sonic Drilling Underway at Tampu dated 16 August 2022
  • Drilling completed at Tampu and two new kaolin discoveries dated 4 October 2022
  • Corella acquires mining storage facility dated 9 February 2023
  • Exceptional sonic drill intercepts at Tampu dated 13 February 2023
  • Corella completes acquisition of mining storage facility dated 28 February 2023
  • Outstanding aircore intercepts & capital raise complete dated 17 Mar 2023
  • Tampu Mineral Resource Upgrade 24.7Mt of HPA Specification dated 31 July 2023
  • Scoping Study for the Tampu Project dated 2 November 2023
  • Rare Earth Results and Tenement Expansion dated 15 January 2024; and
  • Characterisation of Tampu Kaolin Confirms Quality dated 13 February 2024.

COMPETENT PERSONS STATEMENT

The information in this presentation that relates to exploration and metallurgical results is based on information reviewed, collated and fairly represented by Mr. Anthony Cormack who is a Member of the Australian Institute of Mining and Metallurgy and the Managing Director of Corella Resources. Mr. Cormack has sufficient experience relevant to the style of mineralisation and type of deposit under consideration, and to the activity which has been undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr. Cormack consents to the inclusion in this report of the matters based on this information in the form and context in which it appears.

ASX LISTING RULE INFORMATION

The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates in the original market announcements continue to apply and have not materially changed. The company confirms that the form and context in which the competent persons findings have not been materially modified from the original announcement.