A bankable feasibility study (BFS) into the Arrowsmith Central silica sand project, in Western Australia, would require a capital investment of A$25.8-million to develop.
ASX-listed VRX Silica on Tuesday told shareholders that the project is expected to produce 39.6-million tonnes of silica sand over an initial 25-year mine life, based on a Joint Ore Reserves Committee compliant resource of 77-million tonnes.