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Perpetual Resources (ASX:PEC) - Non Executive Chairman, Julian Babarczy
Non Executive Chairman, Julian Babarczy
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  • Perpetual Resources (PEC) has completed its maiden air core (AC) drilling program at the Beharra Project in Western Australia
  • A total of 40 holes were drilled across the southern area of the project
  • The holes will bow be reviewed, and any significant samples will be sent to a laboratory in Perth for analysis
  • Resource estimation works will then begin to identify an initial JORC mineral resource estimate for the project
  • Perpetual has been in a trading halt since March 31, and shares have been trading steady for 2.5 cents since March 23

Perpetual Resources (PEC) has completed its maiden air core (AC) drilling program at the Beharra Project in Western Australia.

A total of 40 holes, for 507.5 metres, were drilled across the southern area of Beharra.

The drill holes will now all be geologically logged and reviewed, and any significant samples will be sent to Nagrom Analytical in Perth for laboratory analysis.

These results will be sent to the laboratory by the end of April and more details regarding the samples will be provided once they have been received.

Resource estimation works will then begin to identify an initial JORC mineral resource estimate for Beharra.

Simultaneously, metallurgical testwork will be undertaken to determine the specifics of what can be produced from Beharra.

“The air core drilling program was completed efficiently by Perpetual’s team and the visual logging has confirmed our view that the Beharra Project contains extensive white silica sands across a considerable area,” Managing Director Robert Benussi stated.

“We are eagerly awaiting the laboratory results from the drilling and will provide the market with further updates as they become available,” Robert continued.

“The drilling undertaken at Beharra should allow the company to move quickly to define a JORC compliant resource, so that Perpetual can rapidly progress the studies required to further progress this high quality silica sand project,” he added.

The Beharra Project is located 100 kilometres from the Geraldton Port in Western Australia and preliminary auger drilling has confirmed the project contains high purity silica sands.

Silica sand is a quartz that has been broken down into tiny granules through wind, water over a long period. It can be used to manufacture glass, and filter water.

Extraction test work at the project has confirmed that product exceeding 99.85 purity per cent silicon dioxide can be produced with a 90 per cent success rate.

Perpetual has been in a trading halt since March 31, and shares have been trading steady for 2.5 cents since March 23.

PEC by the numbers
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