• Initial infill drilling assay results from 129 holes received for the Wuudagu B deposit
• Results consistent with previous 2016 results which formed the basis for the Wuudagu B Inferred Mineral Resource Estimate of 16.1Mt at 39.3% Al2O3 and 13.2% SiO2
• VBX targeting an increase in the confidence of the Wuudagu B resource estimate to include it in the mine plan for the Wuudagu DFS

VBX Limited (ASX: VBX) has provided an update on progress towards development of the Wuudagu bauxite project in northern Western Australia. The company has received initial infill drilling assay results from 129 holes at the Wuudagu B deposit, with results consistent with the previously reported Inferred Mineral Resource Estimate of 16.1Mt at 39.3% Al2O3 and 13.2% SiO2. The infill drilling is targeting an increase in the confidence of the Wuudagu B resource estimate, enabling it to be included in the mine plan for the Wuudagu Definitive Feasibility Study (DFS). Commencing mining operations at Wuudagu B, which is approximately 10km or 30% closer to the proposed barge loading facility, could provide an opportunity for a shorter initial haul road length compared to the 2025 Pre-Feasibility Study which only evaluated the Wuudagu C deposit. The remaining infill drilling assay results from an additional 128 holes at Wuudagu B are expected in the coming weeks.

VBX is targeting an increase in the confidence of the Wuudagu B resource estimate, enabling it to be included in the mine plan for the Wuudagu Definitive Feasibility Study (DFS) which is due for completion in Q1 2026. Subject to the remaining assay results, one of the optimisation opportunities to be evaluated in the Wuudagu DFS is to commence mining operations at the Wuudagu B deposit which is approximately 10km or 30% closer to the proposed barge loading facility.