Diatreme Expands Silica Resource Base and Advances Northern Silica Development
Diatreme Resources Limited (ASX: DRX) delivered significant progress across its Far North Queensland silica portfolio during the June 2026 quarter, substantially expanding its high-purity silica resource base while advancing key development milestones for the Northern Silica Project (NSP). The Company upgraded the Si2 Deposit Mineral Resource Estimate by 10.6% to 301.5 million tonnes, while announcing a maiden 102.7 million tonne Mineral Resource at the Casuarina Deposit, increasing its total silica sand resource base to 632.8 million tonnes. The strengthened resource inventory supports ongoing Pre-Feasibility Study work, environmental approvals and future mine planning, positioning the NSP to meet growing global demand for photovoltaic-grade silica sand. Diatreme also completed the sale of the Cape Flattery Silica Project to its joint venture with Sibelco, generating approximately AU$7.4 million in funding to support project advancement. With total available cash of approximately AU$7.2 million at quarter-end, the Company remains well funded as it progresses permitting, feasibility studies and strategic development activities across its flagship silica assets.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Diatreme Expands Silica Resource Base and Advances Northern Silica Development
Diatreme Resources Limited (ASX: DRX) delivered significant progress across its Far North Queensland silica portfolio during the June 2026 quarter, substantially expanding its high-purity silica resource base while advancing key development milestones for the Northern Silica Project (NSP). The Company upgraded the Si2 Deposit Mineral Resource Estimate by 10.6% to 301.5 million tonnes, while announcing a maiden 102.7 million tonne Mineral Resource at the Casuarina Deposit, increasing its total silica sand resource base to 632.8 million tonnes. The strengthened resource inventory supports ongoing Pre-Feasibility Study work, environmental approvals and future mine planning, positioning the NSP to meet growing global demand for photovoltaic-grade silica sand. Diatreme also completed the sale of the Cape Flattery Silica Project to its joint venture with Sibelco, generating approximately AU$7.4 million in funding to support project advancement. With total available cash of approximately AU$7.2 million at quarter-end, the Company remains well funded as it progresses permitting, feasibility studies and strategic development activities across its flagship silica assets.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au