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ASX:PEC

Perpetual Resources Ltd

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Market:
ASX
Market Cap:
$56.6 m
Price
0.12 AUD
Change
-4.17%
52 weeks high
0.15
52 weeks low
0.04

In brief

Perpetual Resources Ltd (ASX:PEC) is focused on the global glass and foundry sand industries, which are the two largest and fastest-growing users of silica sand.

The company’s flagship asset, the Beharra Project in Western Australia, covers about 49 square kilometres and hosts predominantly high purity white (pale) sands with few impurities.

Perpetual has another exploration licence which covers 35.34 square kilometres and is bounded on the eastern extent by the Brand Highway and Geraldton Railway.

Snapshot

  • Perpetual Resources tagged as ‘low risk mineral project with outstanding financial returns’ by Evolution Capital
  • Perpetual Resources completes stage three aircore drilling targeting premium white sand at Beharra
  • Perpetual Resources outlines scoping study for DSO production scenario at Beharra

Insight Widest with the analysis, Proactive gives perspectives that others don't.

Perpetual Resources completes stage three aircore drilling targeting premium white sand at Beharra

The program targeted the premium, high-value white sand horizon, with results aimed at delineating a reserve classification for the first 10 years of white sand only production.

on 15/6/21