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Highlights
- Review of additional historical data on the Dingo Hole high purity quartz (HPQ) project has identified significant outcropping silica over approximately 1km2.
- Historical sampling has confirmed low levels of deleterious elements such as AI, Ti and Li with more than 30 surface samples containing over 99.94% SiO2.
- Previous research indicated that Dingo Hole silica may be suitable for LCD/LED/OLED glass substrate application.
Australasian Metals Limited (ASX: A8G) has unveiled significant results from a review of additional historical data on the Dingo Hole HPQ project (EL31078). The findings revealed significant outcropping silica over an area of around 1km2.
The Dingo Hole HPQ Project is under an option agreement between A8G and Verdant Minerals Limited, previously known as Rum Jungle Resources Limited. These studies were initially conducted by Rum Jungle Resources Limited, now Verdant Minerals.
Significant potential of Dingo Hole HPQ Project
Covering 35.16km2 in the Georgina Basin, around 300km from Tennant Creek, the project saw limited exploration activities by Rum Jungle from 2012 to 2016.
Exploration work included ICP-SMS analysis of 38 samples over an area of nearly 1km by 1km, indicating that the quartz unit has a sub-horizontal attitude and outcrops in several small shallow hills.
Historical sampling confirmed low levels of deleterious elements, including aluminium, titanium and lithium with over 30 surface samples containing more than 99.94% SiO2 with minimal sample preparation.
Research conducted by Rum Jungle, in collaboration with a Tier 1 Australian University, produced high clarity glass substrate samples that may be suitable for LED/OLED glass production.
What’s next?
A8G’s technical team plans to conduct the first sampling program at the project later this month. With support from independent technical consultants, the company also plans to estimate a potential exploration target range.
In 2015, Rum Jungle secured an Aboriginal Area Protection Authority (AAPA) certificate to conduct sampling, drilling and excavating rock samples. After exercising the option agreement, A8G intends to work with the AAPA.
The company has also reached out to several processing plant owners in China who have expressed interest in conducting sample testing.
A8G shares were trading at AU$0.079 apiece at the time of writing on 11 June 2024.
