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Audalia Resources Limited (ASX:ACP)

ALERT: Price-sensitive ASX Announcement for ACP
Current share price for ACP : $0.025 0 (0%)+
Announcement
Release
30 Jan 2026 6:44PM
Price at Release
$0.025
Full Release
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Summary
The Medcalf Project update by Audalia Resources Limited focuses on the advancement of the titanium-vanadium project in Western Australia. The updated Mineral Resource Estimate (MRE) indicates a 35% increase in the Indicated Mineral Resource to 20.3 million tonnes. The January 2026 Pre-Feasibility Study (PFS) update reveals favorable economic prospects for both High CAPEX-Low OPEX and Low CAPEX-High OPEX options, with significant sensitivity to operating costs and product pricing. The project intends to produce high titanium lump ore (HTLO) and high titanium fine ore (HTFO) for the market, supported by comprehensive geological and metallurgical studies conforming to JORC Code 2012.
Key Points
  • Updated Mineral Resource Estimate (MRE) reveals a 35% increase in Indicated Mineral Resource.
  • Economic analysis conducted in Australian dollars shows favorable project economics.
  • Project options include High CAPEX-Low OPEX and Low CAPEX-High OPEX.
  • High titanium lump ore (HTLO) and high titanium fine ore (HTFO) are the target market products.
  • Geological and metallurgical studies comply with JORC Code 2012 standards.
  • The MRE is based on updated drilling data, demonstrating geological and grade continuity.
  • The project includes open cut mining methods and intends to produce a direct shipping ore (DSO).
  • Environmental and land access agreements with stakeholders are in place.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.