Australasian Metals Limited (AU:A8G) has released an update.
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Australasian Metals Limited has initiated due diligence field work at the Dingo Hole Highly Pure Quartz Project in the Northern Territory, with the aim to evaluate the site’s commercial potential for quality silica production. The project, which spans over 35.16 square kilometers, was previously explored with limited scope, indicating a silcrete deposit with characteristics hinting at a high-temperature formation process. The company’s exploration team is currently assessing the deposit’s purity and the feasibility of using colour sorting techniques to enhance the silica product.
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