Company
Perpetual Resources Ltd
ASX:PEC
Perpetual Resources Ltd is an ASX-listed company focused on the discovery and development of high-quality critical mineral assets across prospective jurisdictions, including Brazil's globally significant "Lithium Valley" in Minas Gerais and emerging opportunities in the United States. The company holds a portfolio of strategically located exploration ground positioned near established industry operators.
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Perpetual Resources working with federal and state authorities to progress Beharra environmental approvals
An exhaustive third-party study program indicates that Beharra has a low-risk environmental profile, which is expected to support an efficient timeline once the final state approval pathway is known.
Perpetual Resources completes placement raising $1.6 million for Beharra and other development needs
Professional and sophisticated investors took up 53,333,334 of the fully paid shares at $0.03 each, while directors of the company subscribed for 8,666,667 shares totalling $260,000 of the placement proceeds, subject to shareholder approval
Perpetual Resources’ flagship Beharra Silica Sand Project continues to shape-up as a low-impurity, high-quality resource
Perpetual continues to demonstrate the high-quality, low-impurity nature of the Beharra Project's silica sand with petrographic and photomicrograph analysis, taking a step closer to offtake discussions with this deeper knowledge of the reso
Perpetual Resources’ test work produces 34% reduction in iron impurities at the Beharra White Sand Project
“To maintain such high levels of silica content and to confirm such significant reductions in iron content positions Beharra to service the high-growth glass markets of Asia," Executive chair Julian Babarczy said.
Perpetual Resources identifies yellow silica construction sand in auger drilling at Beharra North
“Although no light grey or white silica sand applicable to the manufacture of clear glass was intersected, the yellow sand is considered high quality and has the potential for construction applications,” MD Robert Benussi said.
Perpetual Resources progresses high-grade Beharra Silica Sand Project with metallurgical tests and optimisation work ongoing
Additional tests have been commissioned to confirm the potential of the final silica sand product while enquiries from and discussions with potential offtake partners continue to progress.
Perpetual Resources to kick off reconnaissance auger drilling this month at Beharra Silica Sand Project
The drill program aims to test the northern end of the Beharra exploration licence for the extension of pale grey sands delineated at the southern end of the tenement area.
Perpetual Resources higher on passing Beharra milestone with completion of high-priority bulk testing of white sands
“With PV-solar cell manufacturing expected to undergo substantial growth in coming years in response to global decarbonisation efforts, our strategy is to steadfastly align our product quality and sales efforts to this strong tailwind,” say
Perpetual Resources readies environmental submissions for Beharra silica sands project
“We look forward to updating shareholders shortly on the next steps toward full environmental permitting of this unique, large scale, long life project,” says MD.
Perpetual Resources completes initial stages of Beharra White Sand Project’s sub-domain bulk testing program
“If confirmed via the current testing program, this low impurity horizon has potential to generate an end product that may well service the fast-growing PV solar cell glass coverings market," says MD Robert Benussi.
Perpetual Resources’ analysis of Beharra Silica Sand Project data suggests material reduction in impurity profile
“We are targeting an iron content of close to 100ppm (parts per million) at Beharra, and believe the current testing has a strong chance of delivering our target results," says executive chair Julian Babarczy.
Perpetual Resources aims to have exhaustive environmental reports submitted in June
“As we approach completion of an exhaustive list of studies and analysis related to the environmental approvals process at Beharra, we are extremely encouraged by the conclusions the various reports have so far provided,” Perpetual managing
Perpetual Resources in agreement to assess silica sand exports from Geraldton Port
The company and Mid West Ports Authority will cooperate to investigate the potential for 1.5 million tonnes per annum of capacity for Beharra high-grade silica sand exports.
Perpetual Resources samples for bulk metallurgic test work at Beharra Silica Sands Project in Western Australia
High-grade silica with low iron impurities are in very high demand currently, especially in the Asia Pacific region, with demand expected to continue to grow.
Perpetual Resources makes significant progress with Berharra DSO scoping study with small number of key external inputs pending
The timeline for the final delivery of the DSO scoping study is dependent on the outcome of commercial discussions with potential offtake partners, with further updates to be provided in due course.
Perpetual Resources advances pre-feasibility study update to assess bulk white sand extraction
No field exploration activities were undertaken in the December 2021 quarter due to a focus on carrying out additional metallurgical testing, feasibility studies, and permitting and environmental activities.
Perpetual Resources signs private land access agreement to assess prospective new tenement
A Private Land Access Agreement with the dominant landowner at Beharra West will enable PEC to explore and appraise the tenement and outline the key working parameters for any future production scenario, should the project progress.
Perpetual Resources launches white sand only pre-feasibility study update for Beharra Project
“Our ongoing optimisation work, which was substantially progressed through the delivery of the recent exciting white sand only bulk metallurgical test result, has demonstrated that a development scenario that targets the white sand horizon
Perpetual Resources confirms "exceptional" white sand test results at flagship Beharra high-grade silica sand project
Given these positive results, the company will progress offtake discussions and negotiations in earnest.
Perpetual’s landmark water agreement with Yamatji Nation formally confirmed by WA Government
"The agreement confirms the strong working relationship between Perpetual Resources and the Yamatji Southern Regional Corporation, with both parties actively exploring additional economic improvement initiatives."
Perpetual Resources inks landmark collaboration for Beharra Project water licence requirements
Perpetual has signed what it describes as a “groundbreaking” option lease agreement with Yamatji Southern Regional Corporation, providing access to the water requirements of the Beharra high-grade silica sand project for an initial 10-year
Perpetual Resources tagged as ‘low risk mineral project with outstanding financial returns’ by Evolution Capital
Its Beharra Project could become “the leading mid-west silica sand project” and a key player in the emerging silica sand export industry for Western Australia.
Perpetual Resources begins scoping study to investigate Beharra direct shipping ore sales of white sand
The scoping study comes off the back of significant interest from an unnamed offtake partner, which believes Perpetual’s sand could be suitable for DSO sales.
Perpetual Resources infill drilling confirms high-grade white silica sand at Beharra in Western Australia
The June 2021 drilling was confined to the most southern area of the exploration licence and covered an area of around 300 hectares.
Perpetual Resources begins metallurgical test work on 86 white sand drilling samples at Beharra Project
The bulk program results will be incorporated into the upcoming PFS update, which, pending a successful outcome of the bulk program test work, will contemplate a white sand only mining and processing scenario.
Perpetual Resources granted new licence adjacent to flagship Beharra Silica Sand Project
The company has been granted the Arrowsmith West Exploration Licence, just 3.2 kilometres west and immediately south of Beharra, by the Western Australian Department of Mines, Industry Regulation and Safety.
Perpetual Resources enhances silica sand holdings with an option to acquire Arrowsmith West
The company now plans to rapidly assess the land package to determine its geological and economic potential.
Perpetual Resources granted mining lease for Beharra High-Grade Silica Sand Project, shares up
The certainty of tenure clears the way for further development of the Beharra Project, which the company believes has the potential to become the leading Mid-West export silica sand project with the lowest known impurity profile.
Perpetual Resources granted trading halt ahead of Beharra Silica Sands Project announcement
The company’s shares will remain halted until the start of trading on Tuesday, June 22, or when an announcement is released to the market.
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.
Perpetual Resources has PoW approved for third stage white sand only drill program at Beharra
The aim of drilling program is to define a white sand only resource and reserve covering the first 10 years of mine life at Beharra.
Perpetual Resources Ltd substantial holder Delphi boosts stake to 11.56%
The company’s MOU with China-based C&D Group Co Ltd contemplates the purchase of 600,000 tonnes per annum of high-grade silica sand from the Beharra Project.
Perpetual Resources signs MOU for Beharra silica sand offtake with C&D Logistics Group
C&D Group is a supply chain logistics focused company actively sourcing raw materials for sale within China and also for provision to other C&D Group companies.
Perpetual Resources rises on signing MoU for high-grade silica sand offtake with supplier to China glass industry
Negotiations around final product attributes, product pricing and payment terms will progress in coming months.
Perpetual Resources test results of white sand horizon at Beharra Project delivers "game-changing" results
A drill program and follow-on feasibility-study-level bulk metallurgical testing program is expected to begin imminently.
Perpetual Resources' German-based substantial holder Delphi lifts stake to 8.22%
The company has a portfolio of three discrete sites (Beharra, Eneabba and Sargon) prospective for high purity silica & construction sand products – all in proximity to established infrastructure in Western Australia.
Perpetual Resources applies for Mining Lease at large-scale high-grade Beharra Silica Project
The Mining Lease Application covers 1,037 hectares and includes the entire area of the Beharra ore reserve estimate and the Beharra mineral resource estimate around 96 kilometres south of the port town of Geraldton.
Perpetual Resources MD demonstrates faith in silica-sand strategy with on-market purchase
The company’s pre-feasibility study confirms Beharra as a long-life project set to become an essential low impurity supplier of high-quality silica sand products to rapidly growing APAC glass and foundry sand markets.
Perpetual Resources advances Beharra Silica Sand Project offtake discussions ahead of White Sand test work results
The company’s vision is for the project to become an essential low impurity supplier of high-quality silica sand products to the rapidly growing APAC glass and foundry sand markets.
Perpetual Resources executive chairman, managing director acquire shares on-market
Recent PFS results demonstrate that Perpetual's Beharra Project can produce the highest known quality silica sand product in the Mid-West region of Western Australia.
Perpetual Resources maiden 64 million tonnes silica sand reserve underpins “compelling” robust Beharra PFS
The pre-feasibility study confirms Beharra as a long-life project set to become an essential low impurity supplier of high-quality silica sand products to rapidly growing APAC glass and foundry sand markets.
Perpetual Resources begins silica sands exploration at Beharra project in WA
Auger drilling to a maximum depth of 2 metres will be undertaken for 29 holes across the southern quadrant of the project, covering a strike length of 5 metres.