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VBX Limited (ASX:VBX)

ALERT: Price-sensitive ASX Announcement for VBX
Current share price for VBX : $0.530 0.05 (10.42%)+
Announcement
Release
18 Dec 2025 9:26AM
Price at Release
$0.480
Full Release
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Summary
VBX Limited has provided an update on its Wuudagu D exploration drilling, revealing a consistently thicker and higher-grade bauxite profile than seen in prior phases. The first-time exploration at this 1.8 km² plateau, part of exploration licence E80/4898-I in northern Western Australia, included 65 drill holes with promising results, showcasing high Al2O3 and low SiO2 content. These findings, outside the existing mineral resource estimate, suggest potential for increasing the resource's size and confidence, positioning VBX to further develop the Wuudagu bauxite project. Results from additional exploration at the Wuudagu E and F plateaus are expected shortly.
Key Points
  • VBX Limited completed exploration drilling at Wuudagu D plateau.
  • 65 drill holes revealed a thick and high-grade bauxite profile.
  • The results showed high Al2O3 and low SiO2 content.
  • The drilling was the first ever conducted at Wuudagu D.
  • The drilling results are expected to increase the Wuudagu resource size.
  • VBX aims to develop the Wuudagu bauxite project in northern Western Australia.
  • The project area is located within exploration licence E80/4898-I.
  • VBX's Managing Director, Ryan de Franck, noted the results' operational benefits.
  • Further assay results are anticipated from Wuudagu E and F plateaus.
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.