News and Announcements
Altech Chemicals- Kerrigan Exploration Licence Granted and Investor Presentation
- Published December 08, 2015 10:12AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
8th December 2015, ASX Announcement
Highlights:
- Grant of Exploration License E70/4718 (Kerrigan)
- Inferred of Kaolin Mineral Resources of 85Mt (JORC 2004)
- Proximal to established road and rail infrastructure
Altech Chemicals Limited (Altech/ the Company) (ASX: ATC) advises that exploration license E70/4718 (Kerrigan Project) has been granted. The license covers an area of approximately 480km2, is on freehold agricultural land and contains Inferred Kaolin Mineral Resources of 85 million tonnes at 85.1% brightness (JORC 2004)(refer ASX Announcement by the Company dated 24 August 2011 for details).
The Kerrigan project is located approximately 20km south of the Western Australian wheat belt town of Hyden and 335km south east of Perth. The project is proximal to the Hyden to Lake Grace railway line (15km to the east), which connects to the port city of Albany, Western Australia; there are also established sealed roads from Hyden to Perth and the ports of Albany, Bunbury, Esperance and Fremantle.
To read the full announcement, please click here.
To view the Investor Presentation, please click here.
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