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Showing posts with the label VRX Silica

Lindsay Dudfield, Executive Director and CEO of Jindalee Resources Limited, Executed MOU with POSCO Holdings For Joint Research At McDermitt Lithium Project

JINDALEE RESOURCES LIMITED  (ASX: JRL) (Jindalee, the Company) is an Australian exploration company with Tier 1 lithium deposits in its portfolio in the United States. The Company’s core goals are to discover world-class mineral deposits and generate shareholder wealth. The United States is one of the largest marketplaces for lithium demand, and Jindalee is a leading company committed to help meet future demand. The Company is focussing efforts into developing its McDermitt lithium deposit. Jindalee Resources was listed on the Australian Securities Exchange (ASX) on 11th July 2002 and raised AUD 2.70 million. Now, it is a pure-play United States lithium company. Jindalee’s Projects: In June 2018, the Company acquired McDermitt and Clayton North, two lithium sediment projects in the United States. Both projects are 100% owned by HiTech Minerals Inc., a wholly owned, US-based subsidiary of Jindalee. Several factors attracted the Company’s interest in these projects including: Potenti...

VRX Silica Limited Is All Set For The Arrowsmith North Silica Sand Project: Signed Power LOI With ResourcesWA

  VRX SILICA LIMITED   (ASX: VRX) (VRX or Company) has signed a   LETTER OF INTENT (LOI)   with ResourcesWA, a company   SPECIALISING IN ENERGY AND MINING CONSULTING . The LOI aims to explore a potential power supply solution for their Arrowsmith North Silica Sand Project by directly utilising gas from a nearby wellhead. The  OBJECTIVE  of the LOI is to assess the feasibility of setting up a powerhouse equipped with containerised gas reciprocating engines at a nearby gas wellhead location. The powerhouse would be connected to the existing gas plant through a direct offtake and reticulation to the Arrowsmith North site through a dedicated transmission line. ResourcesWA has a team with ample resources and expertise in project development, delivery, and asset management. The LOI provides a detailed proposal description and reflects the parties’ intentions for  SIX MONTHS . The proposal incorporates all design, construction, and operational requiremen...

VRX Silica Performance In The First Half Of The Financial Year 2023

VRX SILICA LIMITED  (ASX: VRX or Company) is a mineral exploration company that is developing high-quality silica sand projects. Silica sand is used in various industrial applications, including glassmaking, foundry moulds, and construction. The Company is developing several  SILICA SAND PROJECTS  in Western Australia, with significant tonnes of resources. VRX is committed to sustainable and responsible mining practices and strongly focuses on environmental stewardship and community engagement. This report provides an update on the Company’s financial performance, projects and operations, market analysis, and plans for the first half of the financial year 2023. Financial Performance VRX SILICA LTD  is a silica sand exploration and development company based in Western Australia. The group divided its operation into two reportable segments, development assets and Exploration and evaluation assets for management purposes. During the first half of 2023, the Company repor...

VRX Silica Reports A Productive December 2022 Quarter

Here is an overview of VRX Silica’s progress during the December 2022 quarter. Critical Minerals Publication The Austrade Critical Minerals Prospectus 2022 Edition, published by the Australian Trade and Investment Commission, included  VRX SILICA’S  Arrowsmith North and Muchea silica sand projects. So far, the critical minerals prospectus has gained compelling recognition among interested foreign investors and buyers, Australian corporates, and the Australian government. The prospectus highlighted the potential of VRX Silica’s silica sand projects to address anticipated production shortfalls, build supply chain security, and aid a net-zero future, which can be a significant step forward for the Company. The publication will also promote VRX products to potential buyers and investors overseas. VRX Silica will continue to contact potential buyers who received samples of products from Arrowsmith North and Muchea silica sand projects. Silica Sand Project Advancements VRX  ens...

VRX Silica Sand Projects in Austrade Critical Minerals Prospectus 2022 Edition

VRX SILICA  (ASX: VRX)   ANNOUNCES  the inclusion of Arrowsmith North and Muchea  silica sand projects  in the 2022 Australian Critical Minerals Prospectus published by the Australian Trade and Investment Commission (Austrade). Senator The Hon. Don Farrell, the Minister for Trade and Tourism, launched the prospectus in Sydney, providing technical, commercial, and geological data on the Australian critical minerals projects to foster investment and accelerate development. The prospectus has recognition from foreign investors, Australian corporates, and the Australian government. VRX Silica’s  MD  BRUCE MALUISH  said, “We are pleased that the Australian Government has recognised that silicon and silica sand are critical minerals.  VRX  has significant potential to address anticipated production shortfalls and build supply chain security as we progress to a carbon net zero future. “This publication will enable Austrade to actively promote t...