Allup Silica Limited provided an update on ongoing exploration activities at its Pink Bark and Dune Buggy Silica Sand Projects in Western Australia. Reconnaissance hand auger campaigns over the Pink Bark and Dune Buggy Projects have been completed to verify and add geological context to the current explorative work, outlining high priority targets for follow-up resource drilling. The reconnaissance trips were conducted to advance discussions with landholders, whilst also initiating discussions and engaging with local heritage and environmental groups.

Significant progress was made with local Native Title and Heritage groups, with approvals issued for Pink Bark and surveys planned across the Sparkler and Dune Buggy Projects. The Company announced that workflows are progressing for a Mining Lease Application to be submitted, to the Department of Mines, Industry Regulation and Safety (DMIRS) for the first silica sand mine within the Sparkler Silica Sands Project before the end of First Quarter 2023. The proposed Mining Lease Application area was chosen to support the Company's rapid development strategy and to minimise roadblocks.

The proposed Mining Lease Application is entirely contained within a single property, over which Allup has a Land Access and Compensation Agreement and maintains a strong working relationship with the property owners. The proposed disturbance footprint consists of cleared farmland, which eliminates the need to clear any native vegetation.