Allup Silica has boosted silica resources following independent geological work uncovered higher grade sands at the Sparkler A Silica Sands project nestled between the Albany and Bunbury coastal towns in Western Australia.
The higher purity sand increased raw volume to 136 inferred tonnes at Sparkler A now sits at — boasting 70 million tonnes of 96.84 per cent silica in-situ, plus 62M tonnes in sand fractions at 99.66 per and higher.
Cross-section of drilling
The company said the reduced iron content increase purity of the final processed product.
“Allup is very encouraged by these results as in many ways they validate our strong held hope and belief for this Project,” chairperson Andrew Haythorpe said.
“We are currently exploring further at both the Sparkler B and Sparkler C locations, looking for much of the same outstanding potential.”
Inferred mineral resource estimate:
- 70 million inferred tonnes at 96.84% SiO2 and 0.34% (3400ppm) Fe2O3 in-situ bulk mineral resource
- 37 million inferred tonnes at 99.66% SiO2 and 0.02% (200ppm) Fe2O3 in sand fractions (0.106mm – 0.6mm)
- 25 million inferred tonnes at 99.67% SiO2 and 0.03% (300ppm) Fe2O3 in coarse sand fractions (+0.6mm)
- 4 million inferred tonnes at 97.70% SiO2 and 0.41% (4,100ppm) Fe2O3 in fine sand fractions (+0.45mm – 0.106mm)
APS’s Australian Stock Exchange-listed share price has risen 16.666 per cent today, selling at 9.8c (12.02 pm UTC+ 8 hours).