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Carbine Resources Limited ( (AU:CRB) ) has shared an update.
Carbine Resources reported progress at its Muchea West Silica Sand Project during the March 2026 quarter, highlighting a 110Mt resource at 99.65% SiO2 and a large exploration target with very low impurities that has responded well to simple processing testwork. The company advanced land access and heritage negotiations, engaged regulators on approvals for its mining lease, and noted that a proposed Defence lease is now expected to largely exclude its key mining area, potentially easing access for future on-ground work.
While awaiting finalisation of approvals, Carbine continued desktop planning and scoping for operations, logistics and infrastructure to develop its measured silica sand resources at Muchea West. It also prepared environmental studies and scheduled an auger drilling campaign on exploration licence E70/4905 for the June 2026 quarter, and stated it remains well funded with over $1.3 million in cash to support upcoming field programs, including maiden drilling at the Down South Silica Sand Project.
More about Carbine Resources Limited
Carbine Resources Limited is an Australian exploration company focused on high-purity silica sand projects, primarily the Muchea West Silica Sand Project north-northeast of Perth. The project covers a substantial landholding with granted exploration and mining tenements, supported by strong transport links via highway and rail to export infrastructure, positioning the company to target premium silica sand markets.
Current Market Cap: A$7.15M
Learn more about CRB stock on TipRanks’ Stock Analysis page.

