Australian Silica Quartz Group Ltd, (formerly Bauxite Resources Ltd), holds a number of hard rock quartz and high grade silica sand projects in various stages of development. These include the hard rock quartz projects Mt Eliza(Quartz Hill), Pandanus Creek(White Springs) and Douglas Range in Queensland, Seabrook in Western Australia and the silica sand projects in Gingin, and Albany in Western Australia. The Company is looking to further develop and consolidate these projects to develop a long term sustainable export of silica quartz products.
Additionally Australian Silica Quartz Group (ASQ) is working to add value to the Company's projects via a Research and Development program using innovative technology and internally developed processing methodologies aimed at producing ultra high purity quartz to IOTA standard or >99.997% SiO2.
ASQ was originally established with a substantial tenement holding in Western Australia to develop new bauxite supply for the global alumina/aluminium industry. The Company listed on the Australian Securities Exchange (ASX) in October 2007.
The Darling Range in the south-west of Western Australia (WA) is the world's largest bauxite mining and alumina refining region producing around 20% of the world's alumina. This area has mined bauxite and refined alumina since the 1960s. These industries are leaders in sustainable resource development and represent the fifth largest sector of WA's resource industry. The company retains royalty rights over the Felicitas and Fortuna bauxite resources and has a joint venture in place with HD Mining & Investments Pty Ltd, (HDM) the wholly owned subsidiary of Shandong Bureau No.1 Institute for Prospecting of Geology & Minerals, (Shandong) aiming to develop further existing bauxite projects.
ASQ also a number of tenements prospective for Nickel, Copper, and PGE's in Western Australia. The Company has entered into a JV with Devex on ASQG's Julimar PGE project in the Darling Range along strike from Chalice Gold Mines Ltd (ASX: CHN) nickel-copper-platinum group elements (Ni-Cu-PGE)discovery.