$69 postpage LB

Perpetual Resources Advancing Well on Project Portfolio, Tapping Lucrative Silica Sands Opportunity

  • April 22, 2020 01:11 PM AEST
  • Team Kalkine

NSW-based Perpetual Resources Limited (ASX:PEC) is leveraging burgeoning opportunities with its lucrative project portfolio, amidst sand supply concerns with soaring industrial demand.

Gold MTF non-AMP

Four discrete Project areas, Beharra, Eneabba & Eneabba North and Sargon are prospective for high purity silica and construction sand products. Located proximal to established infrastructure, the projects seem to have promising plans for the near-term.

Exceptional high purity silica results have been achieved from Beharra beneficiation test work. Initial leaching and calcination test work on the sand reported up to 99.94% SiO2 (99.992% SiO2+LOI) and further reduction of iron, aluminium and titanium.

The recently completed air core drilling program at Beharra is expected to lead to multiple, high impact events for the Company in coming months.

 


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