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- Perpetual Resources (PEC) intersect yellow quartz silica sand in the northern end of its Beharra project in Western Australia’s Mid West region
- The company completed reconnaissance auger drilling comprising 25 shallow drill holes over two and a half days at the end of July
- PEC says while the sand intersected is considered “potentially good quality”, it did not strike the light grey or white sand that occurs in the southern part of the licence
- The company has collected fifty samples and submitted them for geochemical analysis, and results are expected by the September quarter
- Shares in Perpetual Resources are up 2.27 per cent to 4.5 cents per share at 3:27 pm AEST
Perpetual Resources (PEC) has intersected yellow quartz silica sand in the northern end of its Beharra project in Western Australia’s Mid West region.
The company completed reconnaissance auger drilling comprising 25 shallow drill holes over two and a half days at the end of July.
PEC said while the sand intersected was “potentially good quality”, it did not strike the light grey or white sand that occurred in the southern part of the licence.
Perpetual Managing Director Robert Benussi said this highlighted the “uniqueness” of the sand delineated over 6.5 kilometres at Beharra south and confirmed the apparent high quality of the company’s existing mineral resource and reserve estimate.
“Although no light grey or white silica sand applicable to the manufacture of clear glass was intersected, the yellow sand is considered high quality and has the potential for construction appliances,” Mr Benussi said.
The company has collected fifty samples from ten drill holes and submitted them to a laboratory in Perth for geochemical analysis.
Perpetual expects to receive the results by the September quarter.
Shares in Perpetual Resources were up 2.27 per cent to 4.5 cents per share at 3:27 pm AEST.
