- Perpetual Resources (PEC) has begun a pre-feasibility study (PFS) at the Beharra Silica Sand Project in Western Australia
- The aim of the PFS is to improve the economics of Beharra leading up to a decision to fund the project
- Additionally, Perpetual has appointed Matt Robbins as Project Manager to oversee the PFS
- Matt is a highly experienced mining industry professional and has a thorough understanding of sand plant processing and project development
- The PFS is expected to be completed by the end of December, 2020
- Perpetual’s share price is currently down 2.63 per cent and shares are trading for 3.7 cents each
Perpetual Resources (PEC) has begun a pre-feasibility study (PFS) at the Beharra Silica Sand Project in Western Australia.
The decision to begin a PFS follows the release of a maiden mineral resource estimate of 111.3 million tonnes at 98.6 per cent silicon dioxide in mid-July.
The aim of the PFS is to improve the economics of Beharra, leading up to a decision to fund the project.
The PFS will cover all components of the project, such as mining and civil work requirements, metallurgy logistics, and processing plant design and analysis.
Additionally, Perpetual has appointed Matt Robbins as Project Manager to oversee the PFS.
Matt is a highly experienced mining industry professional and has a thorough understanding of sand plant processing, project development, cost estimation, and study management.
He is currently the Managing Director of mineral sands consulting firm, Allied Project Developments.
“Given the better than expected outcome from our recently announced mineral resource estimate at Beharra, we have moved quickly to commence a detailed PFS study as we rapidly progress our Beharra silica sand project from concept through to reality,” Executive Chairman Julian Babarczy said.
“To attract an individual of the calibre of Matt Robbins is a pleasing result for Perpetual and should ensure a thorough and focused PFS is completed,” Julian said.
The PFS is expected to be completed by the end of December this year.
Perpetual’s share price is currently down 2.63 per cent and shares are trading for 3.7 cents each at 11:39 am AEST.