Morella Corporation Limited announced significant developments at its Mt Edon Project, a joint venture with Sayona Mining Limited in Western Australia’s Mid-West. The company has launched a research initiative in partnership with Edith Cowan University to study direct rubidium extraction techniques. This study, titled “Rubidium Extraction Feasibility Study: A Stepwise Approach for Enhanced Recovery and Purification,” will investigate methods for processing a metal in growing demand for advanced electronics, biomedical imaging, and specialty materials. Morella is funding the project by providing mineralized samples and ore characterisation, underscoring its commitment to exploring emerging critical minerals beyond traditional battery applications. Despite some delays on the ground due to scheduling issues associated with rainfall, Morella has made progress with essential operational and regulatory steps. The company received Program of Work approval from the Western Australia Department of Energy, Mines, Industry Regulation and Safety, and completed the required heritage clearance with local Badimia custodians. These clearances have paved the way for an upcoming development drilling program focused on the Sophie Pegmatite, where earlier RC drilling in 2024 demonstrated promising mineralisation. The drilling campaign intersected pegmatites in 15 of 17 holes, with assays showing up to 0.59% Rb₂O and 0.63% Li₂O, including a notable 112‐metre intercept. New mineralised zones have been identified, reinforcing the project’s resource potential. Looking ahead, Morella plans to extend these mineralised zones and delineate a maiden Mineral Resource at the Sophie Pegmatite. The current research initiative with Edith Cowan University complements regional metallurgical advancements, including successful bench-scale beneficiation trials by nearby industry peers. Morella’s continued focus on technical collaboration and geological refinement positions the project well for long-term resource development. Investors may view the news with a bullish perspective, as the strategic research collaboration and promising drilling results suggest substantial potential for higher-grade rubidium and lithium deposits. The emphasis on obtaining regulatory approvals and advancing operational plans further strengthens the Company’s development pipeline. Conversely, market participants might note the temporary access delays due to weather and logistical challenges, which could impact short-term project timelines and investor sentiment. Nonetheless, the comprehensive technical and regulatory progress supports a cautiously optimistic outlook on the Mt Edon Project.