Slide 1: Time to shine. Advancing to Mining High Purity Silica Mine
ASX:DRX For personal use only Time to shine. Advancing to Mining High Purity Silica Mine Noosa Mining Unearthed 12 November 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 operating over 14 years focused on Diatreme Board minerals exploration and development (ASX:DRX) Chairman Wayne Swan ▪ Current market cap ~ $66 million Directors ▪ Flagship project -
Slide 4: Corporate Overview
Diatreme Resources Corporate Overview Ilwella P/L (Brian Flannery) Share price 19.98% For personal use only Market capitalisation A$0.023 A$66m ASX:DRX German Mining Fund At close trading 8 November 2021 At 8 November 2021 11.54% 52 week high $0.030, low $0.012 Others 67.97% Shares on issue Cash Dir
Slide 5: 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 6: Our Silica – making solar panels – de-carbonising the world economy
Diatreme Resources Galalar Silica Project Our Silica – making solar panels – de-carbonising the world economy For personal use only ▪ Project will produce 31Mt gross silica sand over LOM, ASX:DRX potentially used to produce over 3.2B solar panels producing “clean energy” well beyond actual Project m
Slide 7: Upcoming value catalysts 2021/2022
Diatreme Resources Upcoming value catalysts 2021/2022 For personal use only Q4 2021 New Maiden Resource – Northern Exploration Area ASX:DRX Q1 - Q2 2022 Finalise DFS Study Q1- Q2 2022 Final environmental approvals targeted Q1- Q2 2022 Final approvals targeted for Mining Lease Q2 2022 FID 1H 2022 Ass
Slide 8: Premium quality silica – with size and scale
Diatreme Resources Galalar Silica Project Premium quality silica – with size and scale For personal use only ▪ Project located 20km north of Cooktown, FNQ adjacent to world’s ASX:DRX largest high purity silica sand mine at Cape Flattery (Mitsubishi- owned) operating 30 years plus ▪ Diatreme holds do
Slide 9: Expanding mineral resource & Maiden mining reserve estimate
Diatreme Resources Galalar Silica Project Expanding mineral resource & Maiden mining reserve estimate For personal use only ASX:DRX ▪ Silica resource continues to expand, increasing 22% to ▪ Clean, high-purity in-situ SiO2 grade, with average in situ 99.16% 75.5Mt in latest upgrade SiO2 (refer ASX r
Slide 10: 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 11: PFS Now Complete – Project Economics
Diatreme Resources Galalar Silica Project PFS Now Complete – Project Economics – Strong Fundamental Improvements Achieved For personal use only ASX:DRX Annual ore feed Annual production Silica price Annual gross revenue Gross revenue 1,650,000tpa 1,320,000tpa US$58/t* A$105m x 23.5 years A$2.5b Proj
Slide 12: Pre-Feasibility Study: PFS - Positive investment case.
Diatreme Resources Pre-Feasibility Study PFS - Positive investment case. For personal use only ASX:DRX ▪ Post-tax NPV8 $358 million (vs Scoping Study’s $158m), IRR 66% ▪ Forecast annual yield of 1.32Mt of premium, low iron SiO2 and life of mine net revenue $2.5 billion product at full production ▪ L
Slide 13: 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 14: 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 and India from foundry, automotive and construction industries including the solar PV market ▪ Silica
Slide 15: Permitting/Approvals advancing towards near-term production.
Diatreme Resources Galalar Silica Project Permitting/Approvals advancing towards near-term production. For personal use only ASX:DRX Slide | 15 * Timing expectations are based on current best estimates and may be subject to change or modification
Slide 16: 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 17: 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 | 17 PFS Design Process Plant
Slide 18: Strong stakeholder support.
Diatreme Resources Galalar Silica Project Strong stakeholder support. For personal use only ASX:DRX ▪ Project being developed with support of traditional owners. Hopevale Congress Aboriginal Corporation is the RNTBC entity, representing the interests of native title holders ▪ Memorandum of Co-operat
Slide 19: 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 20: ESG benefits and environmental principals
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 21: 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 22: Appendix
For personal use only APPENDIX
Slide 23: Local backing.
Diatreme Resources Galalar Silica Project Local backing. For personal use only ASX:DRX Slide | 23
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* JORC Resource Category (in situ) Silica Sand (t) Silica Sand Cut-off SiO2 (%) Fe2O3 (%) TiO2 (%) LOI (%) Al2O3 (%) Density (m3) Grade (t/m3) SiO2 (%)
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 results, Ausrocks Pty Ltd have been engaged by Diatreme Resources Limited to prepare this independent mineral resources and ore reserves (the