VRX granted at Arrowsmith Brand

VRX Silica have the greenlight to mine 312 Mt @ 97.2% of glass-making amenable silicon dioxide within the Arrowsmith silica precinct near Geraldton, Western Australia.

Following the grant of its main production lease, the Company now holds the final of three applications which will enable large-scale development and processing of an in-demand silica resource exceeding one billion tonnes.

VRX Silica Managing Director Bruce Maluish said the lease was another extensive application of 1995 hectares and substantially covers its Mineral Resources.

“The combined Mining Leases over the Company’s Arrowsmith Silica Sand Projects now amount to 5,623 Ha with a significant inventory of over 1.11Bt of silica sand at an average 97.6% SiO2 which can be upgraded to glassmaking quality,” Mr Maluish said.

“The Arrowsmith Brand Mining Lease is part of the very long-term planning that VRX Silica has at Arrowsmith that allows for flexibility in selecting low impact areas for development,” he added.

Prior testwork at Arrowsmith Brand had demonstrated the large resource can be processed to high-quality and in-demand glass making sand, and VRX Silica just yesterday secured a $2 million grant to develop a high-purity quartz sand manufacturing process to reach 99.999 per cent silicon dioxide purity.

Forward plan

The VRX portfolio has been built with consistency, claiming silica projects with high purity upside and connected to the major ports of Western Australia, and the company has developed a well-drilled process it expects to advance Arrowsmith Brand in tune with its other projects.

Activities across its portfolio will include environmental surveys, further metallurgical work, and marketing and mine plan studies set to inform scoping and pre-feasibility studies as it looks towards large-scale development.

Arrowsmith North stands as the most developed project and, subject to final approvals, is expected to come online this year, beginning mining and processing of silica sands with what is predicted to be a robust operating margin.

Arrowsmith project map

VRX.AX

VRXSILICA FPO [VRX]

ASX

$0.042

$0.003

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VRXSILICA FPO [VRX]

Sector: Basic Materials

Industry: Other Industrial Metals & Mining

Employees:

VRX Silica Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. The company explores for silica. It owns 100% interests in the Arrowsmith and the Muchea silica sand projects located to the north of Perth in Western Australia; and the Boyatup silica sand project located to the east of the port town of Esperance. The company was formerly known as Ventnor Resources Limited and changed its name to VRX Silica Limited in December 2018. VRX Silica Limited was incorporated in 2010 and is headquartered in West Perth, Australia.

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