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VRX Silica Limited (ASX:VRX)

ALERT: Price-sensitive ASX Announcement for VRX
Current share price for VRX : $0.039 -0.032 (-45.07%)+
Announcement
Release
20 Jan 2026 8:21AM
Price at Release
$0.071
Full Release
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Summary
VRX Silica Limited outlined its quarterly activities for the period ending 30 June 2025. The company reported the completion of its Phase 2 drilling program at the Rosewood Titanium Discovery and other prospects, significantly expanding the scale of the mineralisation. High-grade mineralisation was identified, with assays confirming substantial extensions. Additionally, the company continued its strategic investment in tenement EL 6715, increasing its stake to 70%. Financially, the company reported cash reserves of $8.4 million at the period's end. The report emphasized ongoing exploration activities, corporate developments, and financial management to ensure sustained growth and resource optimization.
Key Points
  • Completion of Phase 2 drilling at Rosewood Titanium Discovery.
  • Significant extension in high-grade mineralisation at Rosewood.
  • VRX Silica increased its stake in tenement EL 6715 to 70%.
  • Cash reserves stood at $8.4 million at the end of the period.
  • Ongoing exploration activities to further extend resource potential.
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.