FYI Resources Ltd (ASX:FYI) has received results from a reverse circulation (RC) drilling program at its 100% owned Cadoux kaolin project in Western Australia.
Importantly, analysis of the results has confirmed that the kaolin is an ideal feedstock for refining into high-purity alumina (HPA), a valuable new-age material.
The resource’s high-grade nature and it being low in deleterious minerals highlight its potential value.
75 drill holes averaging 21.5 metres depth
The RC drill program comprised of 75 holes totalling 1,613 metres for an average hole depth of 21.5 metres.
Drilling was designed to collect data for metallurgical studies and to better understand and interpret the geological model.
FYI’s managing director Roland Hill said: “Having attended the drilling program at site and seeing first hand the visual indications, the results of the second phase RC drilling are very pleasing.
“The drilling program demonstrates FYI is progressing with a very robust development strategy and we will continue to deliver the best possible project outcome.”
Updating the resource model
Data from this drilling will also be incorporated into a revised resource model which is underway.
The current JORC resource totals 16.1 million tonnes grading 11.76% aluminium.