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Perpetual Resources (ASX:PEC) receives “game changing” test results from Beharra

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ASX:PEC      MCAP $5.76M
22 April 2021 17:00 (AEST)

Source: Perpetual Resources

New findings from Perpetual Resources’ (PEC) metallurgical studies have shown a “game changing” increase in sand quality.

The samples were taken from the explorer’s flagship asset, the Beharra Project, which is located 300 kilometres north of Perth and covers roughly 49 square kilometres.

According to the company, latest test results have confirmed processing of the Beharra white sand horizon achieved an end product containing 99.8 per cent silicon dioxide with a low impurity profile of 120 parts per million (ppm) iron oxide and 920ppm aluminium oxide.

Perpetual said the findings represent a significant improvement in product specifications in comparison to a recently completed pre-feasibility study.

In a broader context, the company affirms the results demonstrate the white sand horizon at the project could produce a low impurity end product using gravity and magnetic separation techniques.

In terms of next steps, PEC said a scalable production scenario would need to be tested to a feasibility study level with plans for drilling and a metallurgical programme said to be underway.

The metallurgical testing program is expected to take six to eight weeks to complete with results expected to be announced by the end of July 2021.

Perpetual Resources shares closed the day up 5.68 per cent at 9.3 cents.

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