Diatreme Resources Limited · ASX:DRX
Diatreme Resources — Noosa Mining & Exploration Investor Conference 2021
25 slides from Diatreme Resources's conference presentation, Jul 14, 2021
Slide 1: Time to shine.
ASX:DRX For personal use only Time to shine. Advanced, high grade, low-cost silica project located adjacent to the world’s largest silica mine Noosa Mining & Exploration Investor Conference 14 July 2021
Slide 2: Important Information
Diatreme Resources Important Information For personal use only This presentation contains certain forward-looking statements and forecasts which include Additional Information ASX:DRX without limitation, expectations regarding future performance, exploration, mineral resources, This presentation sho
Slide 3: Company Profile
Diatreme Resources Company Profile Diatreme introduction. For personal use only ASX:DRX • Public, ASX-listed company focused on minerals exploration and Diatreme Board development (ASX:DRX) Chairman Gregory Starr • Current market cap ~ $54m Directors • Flagship project - Galalar Silica Project, Far
Slide 4: World Class Silica Sands Project
Diatreme Resources World Class Silica Sands Project For personal use only Our vision is to become a near-term producer of high purity, “low iron” silica sands for use in growing ASX:DRX global solar PV and specialty glass markets. 1 2 3 4 One of the world’s purest Proximity to the world’s Global sil
Slide 5: Premium quality silica.
Diatreme Resources Galalar Silica Project Premium quality silica. For personal use only • Project located 20km north of Cooktown, FNQ adjacent to world’s largest silica sand mine at Cape Flattery (Mitsubishi-owned) ASX:DRX operating 30 years plus • Diatreme holds dominant exploration position in kno
Slide 6: Key upcoming company value catalysts 2021
Diatreme Resources Key upcoming company value catalysts 2021 For personal use only July/Aug 2021 Northern tenement exploration - Potential for significant new resource discovery ASX:DRX August 2021 Mining reserve established for ML area – to support scoping study improvements Aug/Sept 2021 Updated s
Slide 7: Strong stakeholder support.
Diatreme Resources Galalar Silica Project Strong stakeholder support. For personal use only • Project being developed with support of traditional owners. ASX:DRX Hopevale Congress Aboriginal Corporation is the RNTBC entity, representing the interests of native title holders • Memorandum of Co-operat
Slide 8: Local backing.
Diatreme Resources Galalar Silica Project Local backing. For personal use only ASX:DRX Slide | 8
Slide 9: Silica market: Solar market consuming more sand
Diatreme Resources Silica market Solar market consuming more sand For personal use only for panel manufacturing. ASX:DRX • Solar panel PV market forecast to reach US$48.2 billion by 2025, with a CAGR of 34.7%* • World Bank estimates global renewable capacity will grow by over 1TW from 2018 to 2023,
Slide 10: Silica market: Growing global demand.
Diatreme Resources Silica market Growing global demand. For personal use only ASX:DRX • Silica sand has many uses, the market is experiencing increasing demand from emerging consumers such as China TRENDS 2009 - 2022 and India from foundry, automotive and construction industries including the solar
Slide 11: Expanding mineral resource.
Diatreme Resources Galalar Silica Project Expanding mineral resource. For personal use only ASX:DRX • Scoping Study production target derived from 2018 JORC • Significant JORC Exploration Target* highlights potential to Resource ( @ 30.2m total tonnes as at March 2019) expand resource • Planned furt
Slide 12: High quality silica product.
Diatreme Resources Galalar Silica Project High quality silica product. For personal use only ASX:DRX • The sand from the Galalar project is some of the world’s purest • Positive results from initial metallurgical testwork by industry specialist, Mineral Technologies • Bulk sample testwork confirms a
Slide 13: 2019 Scoping Study Positive results.
Diatreme Resources 2019 Scoping Study Positive results. For personal use only ASX:DRX • Pre-tax NPV $231m, IRR 150% and estimated capital payback • Additional improvement from developing ultra-low iron silica within 8 mths sand, currently trading at significant price multiple • Estimated development
Slide 14: Original Scoping Study snapshot – Next Step is to Improve Fundamentals.
Diatreme Resources Galalar Silica Project Original Scoping Study snapshot – Next Step is to Improve Fundamentals. For personal use only ASX:DRX Annual ore feed Annual production Silica price Annual gross revenue Gross revenue 950,000tpa 750,000tpa US$75/t* A$80m x 15 years A$1.2b Project life *The p
Slide 15: Export solution: Nob Point.
Diatreme Resources Galalar Silica Project Export solution: Nob Point. For personal use only ASX:DRX • Mining Lease Application lodged June 2021 for Nob Point barge ramp, haulage road and temporary stockpile area • Minimises community and environmental impacts as well as reducing transport costs (low
Slide 16: Visual impact.
Diatreme Resources Galalar Silica Project Nob Point GSSP Visual impact. For personal use only ASX:DRX Preliminary Visualisation (conceptual) – Yr 15 Mine Progressive Rehabilitation Nob Point Barge Ramp Slide | 16
Slide 17: Potential to move downstream.
Diatreme Resources Galalar Silica Project Potential to move downstream. For personal use only ASX:DRX • Potential for further downstream processing or manufacturing – sites being examined in Townsville, Qld • Potential for further beneficiation process to produce ultra- low iron (sub 50ppm Fe) silic
Slide 18: ESG benefits and environmental principals to be established at mine inception.
Diatreme Resources Silica market ESG benefits and environmental principals to be established at mine inception. For personal use only ASX:DRX Downstream ‘Net zero’ processing option emissions target for Townsville for mining operation to be established Renewable solar Traditional owners Supplying so
Slide 19: Contact Details
For personal use only CONTACT DETAILS Office: Unit 8, 61 Holdsworth Street Coorparoo, QLD, 4151 P: 07 3397 2222 E: manager@diatreme.com.au W: www.diatreme.com.au
Slide 20: Appendix
For personal use only APPENDIX
Slide 21: Corporate Overview
Diatreme Resources Corporate Overview Ilwella P/L (Brian Flannery) 17%… Share price For personal use only Market capitalisation German A$0.021 Mining A$54m ASX:DRX Fund 8% At close trading 9 July 2021 At 9th July 2021 Large Priv. 52 week high $0.030, low $0.009 Others Fund Investor 66% 2% Shares on
Slide 22: Project design.
Diatreme Resources Galalar Silica Project Project design. For personal use only ASX:DRX • Simple gravity plant • No processing chemicals apart from inert flocculent to settle clay/fines Slide | 22 Conceptual Process Plant
Slide 23: Environmental monitoring.
Diatreme Resources Galalar Silica Project Environmental monitoring. For personal use only ASX:DRX Upgrade to Baseline Monitoring • Increased frequency of sampling during EIS-leads into EA conditions • Reference and receiving sites established at Galalar (23 bores in total) • Deep monitoring bore to
Slide 24: Resource statement
Diatreme Resources Appendix 1 Resource statement For personal use only Galalar Silica Project ASX:DRX Galalar Silica Sand Project – Resource Estimate – March 2021 GALALAR SILICA SAND PROJECT – RESOURCE ESTIMATE – MARCH 2021 Silica Silica JORC Resource Cut-off SiO2 Fe2O3 Al2O3 TiO2 LOI Density Sand S
Slide 25: Competent person's statement.
Diatreme Resources Competent person’s statement. For personal use only ASX:DRX Statement in accordance with the Australasian code for reporting of exploration The information in this report, insofar as it relates to Mineral Resources at the Cyclone results, mineral resources and ore reserves (the JO
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