The Mine site is located on the outskirts of the city of Otaci, in the northeast corner of Moldova. The colored areas delineate the property. It was broken down by colors by the surveyor when drilling and testing to separate the various parcels to determine quality of the High Purity Quartz Sand. The blue spots indicated are the bore holes drilled and then tested by Sibelco to a depth of 23 meters. The property consists of 159.6 Hectares with a total confirmed reserve of 23.4M MT of High Purity Quartz Sand.
The High Purity Quartz Sand in the Codreni deposit is a critical component in the manufacture of Solar PV components and other electronic crucibles. It is a finite and ever dwindling resource in a market with ever increasing demands. The projected CAGR for solar ingots alone is 13.1% through 2030
The High Purity Quartz Sand in the Codreni deposit is a critical component in the manufacture of Solar PV components and other electronic crucibles. It is a finite and ever dwindling resource in a market with ever increasing demands. The projected CAGR for solar ingots alone is 13.1% through 2030
The Mine site is located on the outskirts of the city of Otaci, in the northeast corner of Moldova. The colored areas delineate the property. It was broken down by colors by the surveyor when drilling and testing to separate the various parcels to determine quality of the High Purity Quartz Sand. The blue spots indicated are the bore holes drilled and then tested by Sibelco to a depth of 23 meters. The property consists of 159.6 Hectares with a total confirmed reserve of 23.4M MT of High Purity Quartz Sand.
CONFIRMED RESERVES/VALUATION
Raw Stone: 18,475M MT
High Purity Quartz Sand: 23,384M MT
Informative note
Silica (SiO2) denotes a category of minerals consisting of oxygen and silicon. Despite ranking as the world’s second most prevalent mineral, industrial applications mandate products featuring a minimum of 98% SiO2 content.
Recognized for its robustness, chemical inertness, and high thermal resistance, silica confers a multitude of benefits across various sectors.
Silica (SiO2)
Is a versatile mineral essential for various industries due to its durability, chemical stability, and high melting point. Its widespread use ranges from construction materials to electronics, owing to its unique properties..
