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Allup Ready to Move on Sparkling Silica Sands

20 March 2023 10:53
ASX: APS

Allup Silica is preparing to ramp up towards mining its flagship Sparkler Project in Western Australia, with the Company now working towards a Mining Lease Application for the Project before the end of Q1 2023.

The proposed mining lease application covers the Sparkler A Project area which was chosen to support the Company’s rapid
development strategy and to minimise roadblocks.

Initial environmental studies and scoping studies will target Sparkler A, while also taking into account the greater Sparkler Sands Projects, including the Sparkler C Project area which recently returned assay results with an average surface grade of 98.8 silicon dioxide following an Auger drilling program.

Allup has now engaged the South-West Aboriginal Land and Sea Council to conduct a heritage survey across the entire Sparkler Project, allowing for open discussion with the Native Title Group and Traditional Owner representatives in regard to continued exploration and mining operations at the flagship project.

The mining lease application will clear the way for the first mine within the 70Mt inferred MRE Sparkler Silica Sands Project, which is able to deliver silicon dioxide at grades between 99.7 and 99.8 per cent while keeping iron impurity well below the 100ppm premium specification required for the prime solar panel market.

Alongside the work at Sparkler, Allup is also making moves at its sister Dune Buggy and Pink Bark Projects with an extensive auger hand drilling program conducted across the two projects confirming high-priority drill targets at areas with high purity silica sands potential.

The Company has just been given the go-ahead for a heritage survey for Pink Bark and is now planning a study for Dune Buggy currently set for April. Allup is additionally preparing for air-core drilling campaigns at both projects in order to define a maiden resource estimate.

The Company said that so far auger drilling across Dune Buggy and Pink Bark has been very encouraging.

“Heritage Survey engagement and approvals to operate validate our strategy of conducting business in a compliant and considerate manner for the benefit of all stakeholders,” Chairperson and Managing Director Andrew Haythrope said.

“The auger drilling at Dune Buggy and Pink Bark has been very encouraging and I look forward to informing shareholders as we deliver on our strategy across our projects.”

APS’ Australian Stock Exchange-listed share price is currently trading at 5.1c (10:19 am UTC+ 8 hours).

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