Perpetual Resources Ltd - Maiden Mineral Resource Estimate Beharra Silica Sands Project
Perpetual Resources Ltd (ASX:PEC)

Maiden Mineral Resource Estimate Beharra Silica Sands Project

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Highlights

What's happened?

Perpetual Resources Ltd (ASX: PEC, “Perpetual”) has announced the results of the maiden Mineral Resource Estimate for the Beharra High Purity Silica Sands Project.

What are the key highlights?

  1. The maiden MRE for Beharra is an Inferred Mineral Resource of 111.3 Million Tonnes at 98.6% SiO2.
  2. Initial test work indicates product specifications may be suitable for the flat and container glass markets, as well as the foundry sand markets.
  3. Inputs required for completion of Pre-Feasibility Study currently being collated and tendering commenced.
  4. Further promising metallurgical beneficiation testing currently underway, including trade off studies aimed at maximising end product quality relative to production yield.
  5. Mining Lease Application planned to be submitted shortly.

For more information, please refer to the announcement linked below.

Managing Director's Summary

Robert Benussi

"The maiden Mineral Resource Estimation and exploration target has provided us with a compelling investment case for proceeding with a Pre-Feasibility Study across the Project. The scale of the mineral resource in conjunction with the amenability of the silica to produce a high purity product strongly warrants our dedicated focus to advance the Project. The delineation of the additional exploration target provides scope to significantly expand the scale of the Project when required."

Robert Benussi
Managing Director, Perpetual Resources Ltd
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