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Allup Target Silica Sands

17 April 2023 13:10
ASX: APS

Allup Silica is zeroing in on high-purity silica sands at its Sparkler C prospect, with the company releasing the property’s maiden exploration target estimate of 5Mt to 7Mt with an average raw (unprocessed) grade range of 98% to 99% SiO2.

The maiden target comes following an extensive auger drilling campaign across the prospect which returned an average grade of 98.8 per cent silicon dioxide to a high of 99.3 per cent, with the latest drilling result defining areas of high-purity silica sands from surface to depths of 2.4 metres.

The prospect is located on privately owned farmland with access agreements in place, with known mineralisation zones located on cleared farmland which removes the need for vegetation clearing.

While the target is still conceptual in nature, positive signs from the auger drilling campaign have provided the company confidence to begin planning to follow up drilling and metallurgical beneficiation test work at Sparkler C to uncover the prospect’s true potential to produce a suitable silica sand product.

Sparkler C is just one smaller part of the larger flagship Sparkler Project which Allup has high hopes for, with metallurgical beneficiation test work from the Sparkler A prospect returning average silica grades suitable for the lucrative photovoltaic solar panels market with a 70Mt Inferred Mineral Resource Estimate.

The company remains on track to deliver a mining lease application for Sparkler A before the end of the quarter with a heritage survey still underway across the entire project.

APS’ Australian Stock Exchange-listed share price is currently trading at 5.2c (12:22 pm UTC+ 8 hours).

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