THE DRILL SERGEANT: VRX Silica (ASX: VRX) is gearing up for a 130-hole grade control drill program at the company’s Arrowsmith North silica sand project north of Perth in Western Australia.
VRX Silica explained the grade control area to be drilled is wholly within the project’s previously reported Mineral Resource Estimate (MRE) of 771 million tonnes at 98 per cent silica and represents approximately 11.3 million tonnes of indicated and inferred resource.
“The drilling of tight spaced grade control holes at Arrowsmith North is another key pre-production activity being undertaken as we prepare for the commencement of mining,” VRX Silica managing director Bruce Maluish said in the company’s ASX announcement.
“The area being grade control drilled is where we are planning to mine for the first 6 to 10 years.”
VRX anticipates the drilling to generate tonnage of additional raw material sufficient for it to conduct supplementary metallurgical test work to fine tune the design and operating parameters of the process plant and for approvals required by Mid West Ports for the shipping of silica sand under its environmental licence with the Department of Water and Environment Regulation.
The drilling should also generate additional commercial sample for despatch to potential offtake partners as demand for VRX’s silica sand continues to grow.
“Sources of supply of quality silica sand throughout the Asian region are shrinking at a rapid rate, and this has led to tremendous interest for VRX’s silica sand from potential customers who are acutely aware of the supply problem,” Maluish continued.
“We are well-positioned to fill this demand and, as we develop our silica sand projects, remain focussed on delivering long term offtake partnerships with significant participants in the Asian market.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE