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General mining & base metals

VRX Silica lodges mining lease application for Arrowsmith North prospect

The company recently changed its name to VRX Silica Ltd from Ventnor Resources Ltd.

VRX Silica Ltd (ASX:VRX) has lodged an application for its first silica sand mining lease at its Arrowsmith North prospect, which is contained within its Arrowsmith Silica Sand Project in Western Australia.

The included resource is only a small portion of the total resource of 193.6 million tonnes at 98% silica but is expected to increase with deeper drilling than the hand-auger sampling previously undertaken to estimate the resource.

READ: Ventnor Resources reveals substantial maiden silica resource at Arrowsmith North

VRX Silica managing director Bruce Maluish said: “Arrowsmith North is a prominent substantial dune system that can be mined and processed using conventional well established techniques.

“This Mining Licence application will enable us to apply for a Mining Permit early in the next year.”

This is the first of three mining lease applications that the company will lodge in the short term.

VRX recently revealed that it has received interest from potential offtake partners for silica sand in quantities and grades that can be supplied from the Arrowsmith Silica Sand Project.

READ: VRX Silica fields interest from three Asian companies for silica sand offtake