Altech Chemicals Limited announced that a recent Geos Mining Mineral Resource Estimate (MRE), based on the Kerrigan kaolin, reported an Inferred Resource of 125 million tonnes at an ISO brightness of 85.2%. This is a significant increase (47%) on the previous Geos Mining 2011 estimate of 85 million tonnes at an ISO brightness of 85.1%. The updated resource estimate is based on latest drilling completed throughout the deposit in order to verify some of the earlier drilling and obtain samples for further test work and analysis.

The Kerrigan deposit is located 20 km south of the central wheatbelt town of Hyden, Western Australia and sits within exploration licence E70/4718-I, that covers an area of approximately 480 km2. In accordance with the classification of Mineral Resource as specified in The JORC Code (2012), Geos Mining considers that the Kerrigan Resource can be classified as an Inferred Resource. The Mineral Resource Estimate of 125 million tonnes, with estimated ISO brightness of 85% and average yield of 43.9% (as measured on the minus 10-micron fraction), was determined based on these recent aircore drilling results.

The current Mineral Resource Estimate reports an increase in kaolin tonnage of 47% when compared to the previous estimate determined by Geos Mining in 2011 which estimated 85 million tonnes of kaolin.