Corella Resources Ltd. announced that it has successfully completed the acquisition of the Tampu grain bin located approximately 2.5 km from the company's Tampu kaolin deposit from grain supply chain co-operative, the CBH Group. The site consists of a 3,750m2 (approximately 15,000 tonne) storage shed, bitumen road access, loading facilities, weighbridge, offices with accommodation and excellent mobile coverage, access to 3 phase power and water connections located at the Cnr Bunce Rd & Bimbily Rd, Tampu. The facility will allow Corella to conveniently store the mined product within close proximity to the main existing Tampu deposit for transport to the end user.

The company paid CBH $255,000 cash from existing reserves in consideration for the free-hold property after a successful due diligence program.