Join our daily newsletter At The Bell to receive exclusive market insights
- Australia Silica Quartz Group (ASQ) claims it has potential to produce high purity quartz (HPQ) products from its exploration tenements in WA and Queensland
- Testwork of rock chip samples from WA has returned grades of 99.98 per cent silicon oxide, meanwhile rock chip sampling in Queensland has returned similar results
- Exploration programs planned to evaluate quantity of identified quartz occurrences in both Western Australia and Queensland
- ASQ says it is receiving enquiries from potential HPQ customers as well as parties wishing to purchase the projects in their entirety
- Shares last traded at 14 cents on December 14
Australia Silica Quartz Group (ASQ) claims it has the potential to produce high purity quartz (HPQ) products from its exploration tenements in Western Australia and Queensland.
The company says it has completed targeting high purity hard rock quartz occurrences, with scale finalised after over two years of assessment of more than 100 high purity quartz targets throughout Australia.
The company, which holds four HPQ tenements covering 286 square kilometres, says all tenements contain known visual quartz occurrences. Additionally, Recent test work results indicate the potential to produce HPQ products from the exploration tenements.
Testwork of rock chip samples from the Lake Seabrook project in WA has returned
grades of 99.98 per cent silicon oxide. Meanwhile, rock chip sampling in Queensland has shown results up to 99.99 per cent silicon oxide after acid washing.
The company says exploration programs are being planned to evaluate the quantity of identified quartz occurrences in both WA and Queensland.
ASQ claims it is receiving enquiries from potential HPQ customers as well as parties wishing to purchase the projects in their entirety.
At last close, on December 14 shares were trading at 14 cents.
