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VBX Limited (ASX:VBX)

ALERT: Price-sensitive ASX Announcement for VBX
Current share price for VBX : $0.460 -0.44 (-48.89%)+
Announcement
Release
5 Feb 2026 9:13AM
Price at Release
$0.900
Full Release
download
Summary
VBX Limited has updated the Mineral Resource Estimate for the Wuudagu Bauxite Project in Western Australia, focusing on Plateaus D, E, and F. The estimates were completed by SRK Consulting and based on data from VBX's 2025 drilling program. The project is located on Wunambal Gaambera country, approximately 15 km west of Kalumburu. The updated estimates indicate a significant increase in the Measured and Indicated Mineral Resource, which now removes a previous constraint limiting the mine life to 10 years. The project aims to use surface miners and does not anticipate the need for blasting, and it will employ beneficiation methods for silica reduction. The project has undergone environmental assessments, and further exploration at Plateau G holds additional potential.
Key Points
  • VBX Limited announced updated Mineral Resource Estimates for Wuudagu D, E, and F.
  • Estimates were prepared by SRK Consulting using data from the 2025 drilling program.
  • The Wuudagu Project is located on Wunambal Gaambera country, Western Australia.
  • The updated resource estimate significantly increases the Measured and Indicated categories.
  • Additional exploration potential exists at Plateau G within the project area.
  • The project will use surface miners and beneficiation methods for silica reduction.
  • Environmental assessments are being conducted for project approval.
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.