Chances of a bad board are rare; I've never had a brand new board that was bad in twenty plus years of building. the lack of a single beep doesn't mean didly any more; some boards don't come with a built in speaker or won't beep at the post. Reseat the ram and all power supply connections. The clicking could be a bad hardrive. Try posting again without the hardrive or optical drive connected. Also try just the onboard video; you should get it to post without the video card. You can add it later, and be sure the power supply lead is connected when you try it again.
Thanks for the reply.
I actually plugged in the "System Speaker" to hear the beeps. When I had just the PSU and HSF connected, I heard a long beep which meant the absence of the RAM. Then once I inserted the RAM I heard no beeps at all (Possibly bad memory). I have went step by step using the "Breadboarding" process to see what the issue is but I can't figure it out. Possibly the RAM? Also, I have not connected a HDD yet.