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Allup’s Sparkling Silica

14 December 2022 10:53
ASX: APS

Allup Silica is looking to advance Sparkler C after a hand auger drilling campaign across cleared farmland within the project’s borders returned assay results with an average surface grade of 98.8 silicon dioxide.

The program identified high purity silica sands to the depth of 2.4 metres, returning 21 results above the cut-off grade of 98 per cent with a high of 99.3 per cent.

The company is now planning on a full metallurgical benefaction program to clean up its Silica sands and hit a purity exceeding 99.5 per cent while keeping iron content under 100 parts per million, suitable for the creation of glass.

Allup has high hopes for Sparkler C, located in the same area as the company’s Sparkler A project which returned average silica grades suitable for the lucrative photovoltaic solar panels market.

The company said the results identified high-purity target areas earmarked for follow-up drilling to expand Sparkler’s 70Mt inferred mineral resource estimate.

“The results being returned from the hand auger drilling program recently undertaken within our Sparkler C project area, have given the Board great optimism that the Company’s strategy of low-impact exploration to identify those areas of the greatest resource potential and purity is working well and returning the results we were hoping for,” chairperson Andrew Haythorpe said.

Allup has completed a similar hand-drilling campaign at its Pink Bark Silica Sand Exploration project and is expecting samples to be returned early next year.

APS’ Australian Stock Exchange-listed share price has risen 8 per cent today, selling at 8.1c (12.02 pm UTC+ 8 hours).

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