WA Kaolin More than Doubles Wickepin Kaolin Project Ore Reserve

THE DRILL SERGEANT: WA Kaolin (ASX: WAK) announced an increase in the Ore Reserve Estimate (ORE) and Mineral Resources Estimate (MRE) for the company’s Wickepin kaolin project in Western Australia.

WA Kaolin commissioned CSA Global to provide an updated ORE and MRE for the company’s Wickepin operation in accordance with the JORC 2012 Code.

The update has taken Wickepin project’s 2012 JORC Ore Reserve Estimate to 64.9 million tonnes, an increase of 113 per cent, with a mine production life of 73 years.

The update provided a 2012 JORC Mineral Resource Estimate of 643 million tonnes.

“This ore reserve upgrade more than doubles our Wickepin kaolin deposit making it the largest known primary kaolin deposit in the world,” WA Kaolin CEO Andrew Sorensen said in the company’s ASX announcement.

“This massive resource now supports a 73-year mine life proving that it will be a multi-generation project and provides confidence as we progress our production ramp up to Stage 1 nameplate capacity of 200,000 tonnes per annum and look towards doubling production capacity in Stage 2.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE