Arrowsmith North Silica Sand Project: A Milestone in Environmental Approvals

 VRX Silica Limited (ASX: VRX) has reached a significant milestone in its Arrowsmith North Silica Sand Project as the Department of Water and Environmental Regulation (DWER) approved the publication of the Environmental Review Document (ERD). This approval marks the beginning of a four-week Public Environmental Review (PER) period, showcasing VRX Silica's dedication to transparency and environmental responsibility.

Starting on June 19th, 2023, the public environmental review process allows stakeholders to provide their comments and feedback, which VRX Silica is obligated to address. Following the PER, the Environmental Protection Authority of Western Australia (EPA) will prepare an assessment report with recommendations for the Western Australian Environment Minister's review and consideration for project approval.

Managing Director Bruce Maluish expressed his delight, stating, "We are delighted that the environmental approvals process has moved to this next important stage. This is a significant milestone for the process." Maluish further highlighted VRX Silica's unique rehabilitation method for the mined area, emphasizing the potential economic contribution to the Irwin Shire and Western Australia as a whole.

With over 40 years of involvement in the mining industry, Bruce Maluish brings a wealth of experience and expertise to VRX Silica. Holding a bachelor's degree in Applied Science in Surveying from the Western Australian Institute of Technology, Maluish has held vital positions in esteemed organizations throughout his career. His extensive knowledge and experience in resource sectors make him a valuable asset to VRX Silica.

The Arrowsmith North Silica Sand Project's approvals process has witnessed several milestones. VRX Silica previously obtained confirmation from the Commonwealth Department of Climate Change, Energy, the Environment, and Water for an accredited assessment. The company has conducted extensive environmental studies since 2017, demonstrating its commitment to meeting regulatory standards.

The project was referred to the EPA for assessment under the Environmental Protection Act 1986 (WA) Act, which determined that a Public Environmental Review was necessary. VRX Silica's Environmental Scoping Document (ESD) received approval from the EPA in March 2022, signifying progress in the project's assessment.

An essential feature of VRX Silica's proposal is the unique Vegetation Direct Transfer (VDT) rehabilitation methodology for site restoration in the Arrowsmith North Silica Sand Project. Throughout the approval process, VRX Silica has actively addressed information requests from DWER, culminating in the acceptance of the final ERD on June 8th, 2023.

Moving forward, the Department of Water and Environmental Regulation will collect and review public submissions during the four-week PER period, and VRX Silica will diligently respond to these submissions. The Environmental Protection Authority will then compile an assessment report with recommendations for the Western Australian Environment Minister's decision on the Proposal's approval. The issuance of a Ministerial Statement upon successful approval will signify a crucial milestone for the project.

Investors have shown confidence in VRX Silica, reflected in the 31.818% jump in the company's share price during a single trading session on June 9th, 2023. As of that date, VRX Silica's market capitalization stood at AUD 61.64 million, with a share price range of AUD 0.093 to AUD 0.190.

VRX Silica, listed on the ASX, is a leading pure-play silica sand company focused on advancing its portfolio of four Western Australian silica sand projects. In addition to the Arrowsmith North Silica Sand Project, the company is also developing the Arrowsmith Central Silica Sand Project, the Muchea Silica Sand Project, and the Boyatup Silica Sand Project.

For the latest updates and details on VRX Silica and its projects, visit the official website at https://vrxsilica.com.au/. With its commitment to responsible and transparent development, VRX Silica is poised for continued success in the silica sand industry.