Recent Activities

 

RECENT ACTIVITIES

KAOLIN – WHITE SWAN KAOLIN PROJECT

On 1 July 2026 ASQ completed the acquisition of Australian Kaolin Pty Ltd (AKL), which owns the White Swan Kaolin Project near Esperance, Western Australia. AKL is now a wholly owned subsidiary of ASQ.

  • White Swan hosts a Kaolin Inferred Mineral Resource of 47 million tonnes, reported in accordance with JORC 2012, on granted Mining Lease M63/688 approximately 35km from the Cape Class Port of Esperance.
  • On 27 May 2026 the Department of Mines, Petroleum and Exploration (DMPE) approved AKL’s Mining Development and Closure Proposal for a 250,000 tonne per annum, free-dig, near-surface, open pit, direct shipping ore (DSO) mining operation.
  • In May 2026, AKL completed 13 test pits to depths of up to 6.4 metres to validate deposit continuity and screen for deleterious characteristics, and collected an 800kg bulk sample which was air-freighted to China for independent kaolin characterisation testwork.
  • Initial discussions have been held with potential offtake partners in Asia and other international markets, and DSO marketing samples are currently being distributed to potential customers in China.
  • ASQ plans to progress the Project through collection of up to 200 tonnes of bulk samples from within the approved mine pit areas, further offtake discussions, and a feasibility study ahead of a decision to mine.

GOLD – KOOLYANOBBING METALS PROJECT (KMP)

ASQ continues to advance gold exploration at its 100% owned Koolyanobbing Metals Project, which comprises 408km² of granted tenure and 91km² in applications overlying the Koolyanobbing Shear Zone and Koolyanobbing Greenstone Belt, and is considered prospective for gold, nickel, lithium and copper.

  • Following reverse circulation drilling at the Golden Wishbone, Golden Wishbone SE, Emu and Island Gossan targets, a soil sampling program is underway across the Golden Saddle area between Golden Wishbone and Golden Wishbone SE, with results expected in the June 2026 quarter.
  • ASQ plans to soil sample and drill test the area where 20.8g of nuggets were recovered at the Golden Emu location.
  • ASQ is actively seeking a joint venture partner to assist with funding further exploration at KMP, with options including project funding, an operating joint venture, or outright purchase.

MGSi QUARTZ – GILBERT RANGES PROJECT (QLD)

ASQ is targeting metallurgical grade silicon quartz (MGSi) at its recently established Gilbert Ranges Project, located 290km west of Townsville in Far North Queensland.

  • In late 2025 ASQ collected 26 rock chip samples over a 1.4km x 1.0km area within an interim Prospecting Permit. 15 of the 26 samples recorded greater than 99.4% SiO2, with the best result – sample ASQGM025 – returning 99.85% SiO2, 0.11% Al2O3 and 0.03% Fe2O3.
  • ASQ continues to hold the Quartz Hill MGSi Project in Far North Queensland, containing a 17.3Mt JORC 2012 resource at 99.04% SiO2. MGSi quartz export market assessments are underway.
  • Once exploration permit EPM 31299 is granted and land access agreements are established, ASQ plans to progress detailed mapping and sampling at Gilbert Ranges.

HIGH PURITY QUARTZ (HPQ) RESEARCH AND DEVELOPMENT

ASQ continues to progress its HPQ R&D program, aimed at producing ultra high purity quartz to IOTA standard (>99.997% SiO2).

  • Purification trials on a sample from the Airport Blow quartz occurrence in Far North Queensland, using a 27-stage physical and chemical treatment process including hot chlorination, achieved 99.994% SiO2.
  • Samples from the Lake Seabrook HPQ Project achieved 99.993% SiO2 using a simplified 9-stage purification flowsheet developed by ASQ, without hot chlorination or hydrofluoric acid leaching.
  • ASQ is targeting further improvements in product purity, with the aim of reaching crucible grade (around 99.997% SiO2).

For full details, see ASQ’s ASX Announcements.