- SUVO Strategic Minerals (SUV) has expanded its landholding at its White Knight Kaolin Project in WA
- SUVO has been granted two new exploration licences by the WA Department of Mines
- It brings the company’s total landholding for the project to over 40,000 hectares
- The White Knight project has a JORC Inferred Resource of 31.5 million tonnes of bright white kaolinised granite
- Shares in SUVO are currently trading for 6.7 cents each
Exploration and mining company SUVO Strategic Minerals (SUV) has expanded its landholding at its White Knight Kaolin Project in WA.
The White Knight Project is one of SUVO’s flagship projects and is located on cleared farming land northeast of Perth.
The WA Department of Mines has today granted SUVO two new exploration licences for the site, expanding its total landholding to over 40,000 hectares.
The new licences cover an area north of its existing tenement, which SUVO considers highly-prospective for kaolin.
The White Knight project currently has a JORC Inferred Resource of 31.5 million tonnes of bright white kaolinised granite
Commenting on the expansion news, SUVO Executive Director Aaron Banks said this will help increase its resource estimate.
“The expansion of the prospective area will provide additional exploration targets with the opportunity to further increase our resource and help accelerate a pathway to mining,” he said.
“The new tenements are likewise located close to excellent logistic solutions with direct access to multiple ports via well-established and under-utilised road and rail networks,” he added.
Shares in SUVO Strategic Minerals are currently trading up 1.52 per cent at 6.7 cents each at 3.03 pm AEST.