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Perpetual Resources Ltd.

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Summary

Project:

Beharra

Deposit:Beharra
Location:Australia
Commodities:Gold
Date:4/10/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:10-4-2019: Perpetual Resources Ltd. announces an Exploration/Drilling Update report for its Beharra deposit at the Beharra project. Drilling results incl. 2m @ 99.4% SiO2 from 0m. Upon the grant of the Licence (ELA70/5221) air core drilling program will b
Resources:x
CP/QP:[Overall Report]: Colin Hastings (Independent)
ABSTRACT:Upon the grant of the Licence (ELA70/5221) air core drilling program will be conducted. The air core drilling program aims to delineate a maiden silica sands resource across the southern extent of the Beharra Project.A metallurgical test has commenced to determine the potential beneficiation pathways and potential final product specifications (silica purity levels and size fractions) PEC’s Managing Director, Rob Benussi commented “ drilling program at the Beharra high purity silica sand Project has delivered outstanding results. The board is extremely encouraged by the extent and grade of results returned to date. Exploration permitting and planning is underway to define an exten potential and further strike extent of the high purity silica mineralisation.” Figure 1: Beharra South Target Area Level 47 Gateway, 1 Macquarie Place, Sydney, NSW, 2000 www.perpetualresourceslimited.com.au (ELA70/5221) and subsequent to obtaining requisite permits, an extensive air core drilling program will be conducted. The air core drilling program aims to delineate a maiden silica sands resource across the southern extent of the Beharra Project.A metallurgical test has commenced to determine the potential beneficiation pathways and potential final product (silica purity levels and size fractions). PEC’s Managing Director, Rob Benussi commented “the maiden assay results from the initial auge drilling program at the Beharra high purity silica sand Project has delivered outstanding results. The board is extremely encouraged by the extent and grade of results returned to date. Exploration permitting and planning is underway to define an extensive drilling program aiming to test the depth potential and further strike extent of the high purity silica mineralisation.”

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