Allup Silica's Kaolin Exploration Target Announcement

Allup Silica Limited (ASX: $APS) has announced the discovery of a significant kaolin exploration target at its 100% owned Pink Bark Project in Western Australia. The estimated exploration target ranges from 0.7 to 1.2 billion tonnes of Kaolin with grades varying from 17% to 20% Al2O3.

Executive Commentary on Kaolin Exploration Target

Managing Director Andrew Haythorpe expressed his surprise and excitement at the discovery, highlighting the potential of the thick Kaolin zone under shallow cover. He emphasized the company's initial focus on silica sand, but the recent discoveries of rare earth elements (REE) clay-hosted deposits prompted them to investigate the REE potential at Pink Bark. Haythorpe mentioned plans for characterisation studies to determine the kaolin's quality and potential value, with the possibility of targeted air core drilling to refine the exploration target and understand the full value potential of the deposit.

Summary of Allup Silica's Kaolin Exploration Target Announcement

Allup Silica Limited has identified a significant kaolin exploration target of 0.7 - 1.2 billion tonnes at its Pink Bark Project in Western Australia. The company's Managing Director, Andrew Haythorpe, expressed surprise at the discovery and outlined plans for characterisation studies to assess the kaolin's quality and potential value. The company aims to refine the exploration target based on new assay data and refined geological interpretation, with the expectation of commencing air core drilling within the next six months to further test the validity of the exploration target and define a resource. The global kaolin market's projected growth and its role in emerging technologies indicate a promising outlook for Allup Silica's kaolin exploration venture.