Drilling at Tambellup Project. Source: Accelerate Resources
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Accelerate Resources (AX8) receives encouraging results from test work at its Tambellup Kaolin Project in Western Australia
  • Test work on 21 samples from within the project confirm the potential for a high-quality kaolin product with no amorphous phases
  • Of these, five samples have been analysed and showed minor halloysite with the highest values being 6.1 and 7.2 per cent
  • In light of the pleasing results, Accelerate Resources will further test several samples to confirm the presence of halloysite nanotubes
  • Company shares ended the day 2.5 per cent in the red to trade at 3.9 cents

Accelerate Resources (AX8) has received test results which confirmed the potential for a high-quality kaolin product.

The independent testing was conducted using 21 samples from the Tambellup kaolin deposit which is part of the Tambellup Project in Western Australia.

The test work confirmed the deposit has close to 90 per cent total combined kaolin with no amorphous phases detected in the -45 µm fraction.

The kaolin yield range was in between 42.9 and 73.1 per cent and the kaolin and amorphous content was above 85 per cent.

Additionally, the James Hutton Institute in Scotland analysed five samples of the 21 composite samples from the project area and identified minor halloysite in four of the five samples. Highest values include 7.2 and 6.1 per cent.

Kaolin and halloysite are alumina-based clays that can be used to produce high-purity alumina. Halloysite also has a nanostructure that could allow it to be used as an ‘efficient catalyst’ in the petrochemicals industry.

As a result of the positive outcomes, Accelerate Resources will further test several samples to confirm the presence of halloysite nanotubes.

Company shares ended the day 2.5 per cent in the red to trade at 3.9 cents.

AX8 by the numbers
More From The Market Online
The Market Online Video

Market Update: Unemployment on an even keel as ASX gains marginal ground

Australia's unemployment has edged up to 3.8%, according to ABS data, marking a 0.1% increase with…

Titan Minerals strikes deal with Hanrine for Linderos Copper Project, Ecuador

Titan Minerals has inked a letter of offer with Hancock Prospecting's wholly owned subsidiary, Hanrine Ecuadorian…

Mount Gibson clocks $130M iron ore sales in Q3FY as volatility remains

Mount Gibson Iron has reported its quarterly results for Q3FY24, clocking $130M of ore sales in…
Barton adds $3M to its piggy bank for SA exploration

Barton kicks off scoping studies at Tunkillia – a 1.5Moz gold play

Barton Gold’s (ASX:BGD) 1.5Moz JORC…