Whilst we are on the topic of Mitsubishi has anyone compared the size of DRX tenement under their exploration permit to the size of Mitsubishi?
Drx dwarfs the tenement size of Mitsubishi EPM. The beauty of silica is that you can then jump on google maps and see the sand dunes to get a rough idea where the dunes are located within the exploration permits. Go have a look.
Whilst DRX are planning to mine the Dunes around Cape Bedford, I see no reason why, once this is operational, they can't apply for other mining licenses amongst the many dunes systems located in their EPM. The amount of high quality sand in this area is unbelievable. I would estimate we would be able to dwarf the amounts of sand VRX are estimating also.
As soon as we get some good news on a barge loading facility the potential is endless.
Mitsubishi, page-18
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