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VRX Silica Ltd.
Summary
| Project: | Arrowsmith | |
|---|---|---|
| Deposit: | Arrowsmith Central | |
| Location: | Australia | |
| Commodities: | Silica | |
| Date: | 12/13/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-12-2018: VRX Silica Ltd. announces a Resource Estimation report for its Arrowsmith Central deposit at the Arrowsmith project. Initial mineral resource estimate for Arrowsmith Central. VRX Silica Limited (VRX Silica or Company) (ASX:VRX) is pleased to a | |
| Resources: | (Resource, Inf.): 28Mt @ 97.7% SiO2, 1.2% Al2O3, 0.3% Fe2O3, 0.2% TiO2, 0.3% K2O | |
| CP/QP: | [Resources]: Andrew Scogings (CSA Global Pty Ltd.) | |
| ABSTRACT: | VRX Silica Limited (VRX Silica or Company) (ASX:VRX) is pleased to announce the results from the independent estimate of the Mineral Resource at its Arrowsmith Central prospect, which is contained within its Arrowsmith Silica Sand Project, located 270km north of Perth. The result is based on an exploration program of 39 hand-held auger drill holes and is an acceptable standard for use in a Mineral Resource estimate publicly reported in accordance with the JORC Code. The Resource area is a small portion of the tenement area, adequate for initial mining studies which can be increased substantially with future aircore drilling over an increased area. Additional drilling is planned for early 2019 with the Company having recently completed an extensive Aboriginal Heritage survey with representatives of the Southern Yamatji claimant group for a more intensive and wider ranging drill program. VRX Silica Managing Director Bruce Maluish said: “Arrowsmith Central is immediately adjacent to the Eneabba – Geraldton rail line to export bulk products out of Geraldton which offers a unique low capex logistics solution.” This resource adds to the two previously announced silica sand resources, Arrowsmith North, “Arrowsmith North Maiden Mineral Resource” 2 October 2018, and Muchea, “Muchea Silica Sand Project Maiden Resource” 20 November 2018. | |
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