VRX Silica Updates MRE and ore reserve at Arrowsmith
- VRX Silica (VRX) updates the mineral resource estimate (MRE) and ore reserve for its Arrowsmith North silica sand project in Western Australia
- The MRE now reads 768 million tonnes at 98 per cent silicon dioxide and was based on data from 130 close-spaced holes drilled to increase the resource confidence
- The ore reserve contains 221 million tonnes with 9.2 million tonnes in the proved category and 211.8 million tonnes in the probable category
- Cube Consulting was engaged to complete work for the ore reserve which consisted of importing and reconciling the supplied mineral resource block model
- Shares in VRX are up 3.45 per cent and trading at 15 cents at 11:58 am AEDT