FYI Resources Drilling at Cadoux Kaolin Project

THE DRILL SERGEANT: FYI Resources (ASX: FYI) is kicking off a detailed drilling program at the company’s Cadoux kaolin project in Western Australia.

FYI Resources said the drilling was being undertaken to further define the deposit and augment the company’s high purity alumina (HPA) strategy.

The drilling program is designed to accomplish several technical tasks for Cadoux.

FYI has planned a program utilising two drilling rigs – a reverse circulation (RC) rig and a diamond drill rig will operate in sequence to generate samples and technical data the company expects to important information for the ongoing BFS, which is expected to be complete in the September 2019 quarter.

Results will also be included in an Environmental Impact Study (EIS) report to be submitted later this year.

“This drilling program is the next phase in advancing the development of the Cadoux Kaolin HPA project,” FYI Resources managing director Roland Hill said in the company’s announcement to the Australian Securities Exchange.

“The technical accomplishments we have achieved in the development of our flowsheet design has provided us with an excellent understanding of the intricacies of attaining such a high purity (99.999%) alumina product.

“We really want to now go back to the feedstock (kaolin) to develop an better understanding of the unique characteristics of the deposit to further derisk the project and ensure quality control of the final product.

“This drilling program will provide further information to support our technical work and also add broader project value by providing secondary hydrological information and enabling environmental data collection.”

FYI outlined the primary aim of the drilling to be elevating the standard of input data to increase the technical and metallurgical understanding of the kaolin feedstock to assist in refining the process flowsheet design in developing the low-risk, low-cost production of high purity alumina products.