Ventnor Resources Limited (ASX:VRX) has provided an update to the market on its activities for the three months to March 31. During the quarter, the company released results of an initial testwork program on samples collected in December 2017 from the company’s Arrowsmith silica sand project. Subsequent to the quarter two license applications have been granted. Testwork from samples confirmed that processing to upgrade the sand to glass-making quality will have a low capital intensity, low technical risk and requires no processing chemicals.
The following is a summary of the activities of Ventnor Resources Limited (ASX: VRX) (Ventnor or the Company) for the quarter ending 31 March 2018.
Exploration
During the quarter, the Company released results of an initial testwork program on samples collected in December 2017 from the Company’s Arrowsmith Silica Sand Project (refer ASX announcement dated 30 January 2018 titled ‘Arrowsmith Silica Sands Project Test Work’).
Ventnor’s Arrowsmith Silica Sands Project is located 270km north of Perth, Western Australia, originally consisting of four exploration license applications pending totalling 400km2 and holding significant sand deposits. Subsequent to the quarter two license applications have been granted. Figure 1 shows the project location and sets out tenement details. The project is adjacent to Brand Highway and a rail connection to Geraldton Port, suitable for bulk handling.
In December 2017 Ventnor conducted a shallow hand auger program at the Arrowsmith North prospect to collect composite representative samples which were submitted to Nagrom Laboratories for an initial testwork program, which would emulate conventional sand processing techniques.
This testwork confirmed that processing to upgrade the sand to glass-making quality will have a lowcapital intensity, low technical risk and requires no processing chemicals. Further testwork programs will be undertaken to investigate processing options to higher quality and higher value products.
The following is a summary of the activities of Ventnor Resources Limited (ASX: VRX) (Ventnor or the Company) for the quarter ending 31 March 2018.
Exploration
During the quarter, the Company released results of an initial testwork program on samples collected in December 2017 from the Company’s Arrowsmith Silica Sand Project (refer ASX announcement dated 30 January 2018 titled ‘Arrowsmith Silica Sands Project Test Work’).
Ventnor’s Arrowsmith Silica Sands Project is located 270km north of Perth, Western Australia, originally consisting of four exploration license applications pending totalling 400km2 and holding significant sand deposits. Subsequent to the quarter two license applications have been granted. Figure 1 shows the project location and sets out tenement details. The project is adjacent to Brand Highway and a rail connection to Geraldton Port, suitable for bulk handling.
In December 2017 Ventnor conducted a shallow hand auger program at the Arrowsmith North prospect to collect composite representative samples which were submitted to Nagrom Laboratories for an initial testwork program, which would emulate conventional sand processing techniques.
This testwork confirmed that processing to upgrade the sand to glass-making quality will have a lowcapital intensity, low technical risk and requires no processing chemicals. Further testwork programs will be undertaken to investigate processing options to higher quality and higher value products.
The update was a comprehensive presentation of the sand characteristics and profile with a proposed possible production flowchart. The 30 January 2018 announcement can be viewed on the ASX announcements site under the Company code VRX, as well as on the Company website http://www.ventnorresources.com.au under the heading ‘Arrowsmith Silica Sands Project Test Work’.
