VRX Silica Reports Arrowsmith North Mineral Resource and Ore Reserve Update

THE DRILL SERGEANT: VRX Silica (ASX: VRX) announced an update to the Mineral Resource Estimate (MRE) and Ore Reserve Statement (ORS) for the company’s Arrowsmith North silica sand project, north of Perth in Western Australia.

VRX Silica reported a maiden Proved Ore Reserve of 9.2 million tonnes and updated total Ore Reserve of 221 million tonnes.

The updated Mineral Resource of 768 million tonnes at 98 per cent silica (SiO2), includes a Measured Resource of 10 million tonnes at 95.9 per cent SiO2.

The company explained the MRE update is based on an additional 130 close spaced grade control holes.

These holes were drilled as a pre-production activity to increase the resource confidence in the initial years of mining, and to produce a bulk sample for pilot scale metallurgical testwork and the generation of bulk samples for potential offtake partners.

“This updated Mineral Resource and Reserve is a culmination of significant metallurgical testwork and evaluation of the Resource to determine the premium products we can produce,” VRX Silica managing director Bruce Maluish said in the company’s ASX announcement.

“These products include sought after foundry sand as well as glassmaking sand suitable for flat glass, including automobile glass and also container glass.

“We have despatched large samples to a number of foundry and glassmaking companies in Korea, Japan and Taiwan for evaluation and subsequent discussions for offtake.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.vrxsilica.com.au