Slide 1: DRX Projects – October 2007
For personal use only DRX PROJECTS – OCTOBER 2007
Slide 2: DRX Disclaimer
For personal use only Diatreme Resources Limited DRX Disclaimer This presentation includes certain statements, estimates and projections with respect to the future performance of Diatreme Resources Limited. Such statements, estimates and projections reflect various assumptions concerning anticipated
Slide 3: DRX Corporate
Diatreme Resources Limited For personal use only DRX Corporate ASX Listed 22 June 05 Shares on Issue 124 200 000 Options on Issue Listed (22c oct 2007) 24 700 000 Options on Issue(27c Sept 2008) 10 800 000 Options on Issue(47c Nov 2007) 3 000 000 Options Employee(47c Aug 2011) 11 400 000 Current Sha
Slide 4: DRX Corporate – Cash Flow
Diatreme Resources Limited For personal use only DRX Corporate CASH FLOW Options Listed (25c Oct 2007) $8.75million Options Non Listed (30c Sept 2008) $1.5 million MSC Ltd Contribution 06/08 & 06/09 $1.5 million Cash & liquid assets $6.1 million TOTAL $17 million
Slide 5: Major Projects
For personal use only Major Projects • Eucla Basin Heavy Mineral Sands Discoveries at Cyclone, Hurricane & Willy Willy • Clermont Copper Large Potential in New Discovery • Bellfield Base Metal/ Uranium Assessing Copper Uranium style anomaly
Slide 6: Location Plan
For personal use only Location Plan Figure Figure 1: 1: Diatreme Diatreme Resources Resources Limited Limited –– project project locations. locations.
Slide 7: Heavy Mineral Sand Data
For personal use only Diatreme Resources Limited Heavy Mineral Sand Data • Value of Zircon per Tonne US$750 • World Zircon Consumption 1.165k tonnes • Shortfall Zircon 2005 approx. 70kpa • Shortfall Zircon 2006 est. 100kpa • Current Spot Price US$1000 per Tonne
Slide 8: Heavy Mineral Sand Data
For personal use only Diatreme Resources Limited Heavy Mineral Sand Data HEAVY MINERAL SANDS ELEMENTS OF ZIRCONIUM TITANIUM MINERALS OF ZIRCON RUTILE LEUCOXENE ILMENITE A$926 /tonne A$550/tonne A$400/tonne A$100/tonne
Slide 9: Zircon Product – Magnification x 4.5
Diatreme Resources Limited For personal use only Zircon Zircon Product Product -- Magnification Magnification xx 4.5. 4.5.
Slide 10: Eucla Basin – Heavy mineral sands
For personal use only Diatreme Resources Limited Eucla Basin Murray Basin Eucla Eucla Basin- Basin- Heavy Heavy mineral mineral sands. sands.
Slide 11: Digital Elevation Model of Eucla Basin
Diatreme Resources Limited For personal use only NULLABOR PLAIN 200 KMS Digital Elevation Model of Eucla Basin
Slide 12: Project Areas Eucla Basin
Diatreme Resources Limited For personal use only cyclone Willy willy LOST SANDS (BLACK) DIATREME (RED) 200 KILOMETRES W.A. S.A. jACINTH Project Project Areas Areas Eucla Eucla Basin. Basin.
Slide 13: 2007 Drilling Program
Diatreme Resources Limited 2007 Drilling Program For personal use only Western Australia • Wanna Lakes 16,000 metres (26 Traverses) • Shell Lakes 2,000 metres (2 Traverses) Subtotal 18,000 Metres South Australia • Willy Willy Prospect 5000 metres (9 Traverses) • Maurice Prospect 6000 metres (3 Trave
Slide 14: Hurricane Prospect – Typical terrain
Diatreme Resources Limited For personal use only Hurricane Hurricane Prospect. Prospect. Typical Typical terrain. terrain. Burnt Burnt Spinifex Spinifex country. country.
Slide 15: Eucla Basin Severe Storm in the Spinifex country
Diatreme Resources Limited For personal use only Eucla Eucla Basin Basin Severe Severe Storm Storm in in the the Spinifex Spinifex country. country.
Slide 16: Eucla Basin Severe Hail Storm
Diatreme Resources Limited For personal use only Eucla Eucla Basin Basin Severe Severe Hail Hail Storm Storm Spinifex Spinifex country. country.
Slide 17: Eucla Basin – Wanna Lakes
Diatreme Resources Limited For personal use only Hurricane Prospect Cyclone Prospect Eucla Eucla Basin. Basin. Heavy Heavy mineral mineral sands sands -- Wanna Wanna Lakes Lakes
Slide 18: Wanna Lakes Project
Diatreme Resources Limited Wanna Lakes Project For personal use only Hurricane Prospect Cyclone Prospect Schematic Schematic oblique oblique section section showing showing current current drilling. drilling.
Slide 19: Drill traverses at Cyclone & Hurricane Prospects
Diatreme Resources Limited For personal use only Eucla Eucla Basin. Basin. Heavy Heavy mineral mineral sands. sands. Wanna Wanna Lakes. Lakes. Drill Drill traverses traverses at at Cyclone Cyclone & & Hurricane Prospects. Hurricane Prospects
Slide 20: Average Assay Composition of Heavy Minerals of Cyclone Prospect
Diatreme Resources Limited Average Assay Composition of Heavy Minerals For personal use only of Cyclone Prospect A Zircon rich zone was tested by 52 samples • Zircon 40.02% (Highest 60.1% zircon) • Leucoxene 37.99% • Rutile 3.12% • Pseudo-Rutile 10.70% • Monazite 0.26% • Ilmenite Minor • Slimes 3.00
Slide 21: Drill Rig and Support at Wanna Lakes Project
Diatreme Resources Limited For personal use only Drill Rig and Support at Wanna Lakes Project
Slide 22: Exploration Camp at Cyclone Prospect
Diatreme Resources Limited For personal use only Exploration Camp at Cyclone Prospect
Slide 23: Hurricane Prospect – Aircore drilling Line 2
Diatreme Resources Limited For personal use only Hurricane Hurricane Prospect. Prospect. Aircore Aircore drilling drilling –– Line Line 2. 2.
Slide 24: Cyclone Project Aircore Drill Cuttings
Diatreme Resources Limited For personal use only Cyclone Cyclone Project Project 1.5 1.5 metre metre Aircore Aircore Drill Drill Cuttings Cuttings
Slide 25: Cyclone Prospect – Estimated visual grade 5.5% HM
Diatreme Resources Limited For personal use only Cyclone Cyclone Prospect. Prospect. Estimated Estimated visual visual grade grade of of 5.5% 5.5% HM. HM.
Slide 26: Cyclone Prospect – Estimated visual grade 9.5% HM
Diatreme Resources Limited For personal use only Cyclone Prospect. Estimated visual grade of 9.5% HM. Of 40% Zircon
Slide 27: Cyclone Prospect – Estimated visual grade 40% HM
Diatreme Resources Limited For personal use only Cyclone Prospect. Estimated visual grade of 40% HM. of 60% Zircon
Slide 28: Cyclone Prospect – Outline of HM Mineralisation
Diatreme Resources Limited ? For personal use only BEACH R2 Target From Digital Elevation Model and Shuttle Radar ? We EAC (RL BE ste H T 31 B AC H rn R Fa 1 Ta -340 3? ce rge ) ELA69/2408 of ? Ba Hor 0 rrie izo t rD n OPEN un e YED ASSA NS IO SECT 070N 066N OPEN ssa ys it ing A Awa BE ? AC HR Cyclo
Slide 29: Cyclone Prospect – Heavy Mineral Assayed grades Line 6
Diatreme Resources Limited For personal use only Section Section Line Line 66 Cyclone Cyclone Prospect Prospect –– Heavy Heavy Mineral Mineral Assayed Assayed grades grades Line Line 6. 6.
Slide 30: 2006 Drilling Program
Diatreme Resources Limited For personal use only 2006 Drilling Program • Finalised 7,000 metres drilling. • Highest @ 13.84% HM. • Semi quantative HM study resulted in 20% to 40% range of zircon in HM assemblage. • Resulting in discovery at Willy Willy. • Mineralisation 3km long x 300m wide x 6m thi
Slide 31: Drilling at the Willy Willy Prospect
Diatreme Resources Limited For personal use only Drilling Drilling at at the the Willy Willy Willy Willy Prospect. Prospect.
Slide 32: Eucla Basin Heavy Mineral Sands – Panned Tail 14% HM
Diatreme Resources Limited For personal use only Eucla Eucla Basin Basin Heavy Heavy Mineral Mineral Sands Sands –– Panned Panned Tail Tail 14% 14% HM HM
Slide 33: Willy Willy, Maurice, Ooldea Hill Prospects
For personal use only Willy Willy Prospect Maurice Prospect Ooldea Hill Prospect
Slide 34: Schematic oblique section showing drilling proposal
Diatreme Resources Limited For personal use only Maurice Prospect Willy Willy Prospect Schematic Schematic oblique oblique section section showing showing drilling drilling proposal. proposal.
Slide 35: Wyola area, South Australia
Diatreme Resources Limited Wyola area. South Australia Australia.. For personal use only Oblique Oblique view view of of drilling drilling and and overlain overlain magnetics. magnetics.
Slide 36: Heavy mineral strands & magnetics
Diatreme Resources Limited For personal use only Eucla Eucla Basin. Basin. Heavy Heavy mineral mineral sands. sands. Heavy Heavy mineral mineral strands strands & & magnetics. magnetics.
Slide 37: Eucla Basin – Wyola drilling traverse
Diatreme Resources Limited For personal use only Willy Willy Prospect Maurice Prospect Eucla Basin. Heavy mineral sands. Wyola drilling traverse.
Slide 38: Eucla Basin – Heavy mineral sands
Oolded Prospect SS a ak Rl Eucla Basin. Heavy mineral sands.
Slide 39: Flinders Island, Tasmania Exploration Licences
For personal use only Diatreme Resources Limited Flinders Island Map of Flinders Island. Exploration Tasmania Licences Locations.
Slide 40: Flinders Island Exploration Licence Applications
Diatreme Resources Limited For personal use only 25 Kms Flinders Island. Exploration Licences Applications.
Slide 41: Flinders Island – Swimming beach from Red Bluff
Diatreme Resources Limited For personal use only Flinders Flinders Island. Island. Heavy Heavy mineral mineral sand. sand. Swimming Swimming beach beach from from Red Red Bluff. Bluff.
Slide 42: Flinders Island – Planters Beach HM's
Diatreme Resources Limited For personal use only Flinders Flinders Island. Island. Heavy Heavy mineral mineral sands. sands. Planters Planters Beach Beach HM’s. HM’s.
Slide 43: Flinders Island – Planter Beach 10% HM Conc.
Diatreme Resources Limited For personal use only Flinders Flinders Island. Island. Heavy Heavy mineral mineral sands. sands. Planter Planter Beach Beach 10% 10% HM HM Conc. Conc.
Slide 44: Flinders Island – Darling Range
Diatreme Resources Limited For personal use only Flinders Island. Heavy mineral sands. Darling Range.
Slide 45: Flinders Island – Port of Lady Barron
Diatreme Resources Limited For personal use only Flinders Flinders Island. Island. Heavy Heavy mineral mineral sands. sands. Port Port of of Lady Lady Barron. Barron.
Slide 46: Planned Exploration Program 2007
Diatreme Resources Limited For personal use only Planned Exploration Program 2007 • Planned Drilling at Copper Projects = 10,000 m • 1000 kilometre Electro Magnetic Survey Clermont • 2000 kilometre Electro Magnetic Survey Bellfield • Planned Stratigraphic Drilling of Eucla = 37 000 m
Slide 47: Business Strategy
Diatreme Resources Limited Business Strategy For personal use only Two Year Plan Shareholder Value Plan • Milestone: IPO of XTREME RESOURCES Cash Flow Plan • Milestone: CLERMONT COPPER Full Feasibility Study on first copper project Company Maker Plan • Milestone: EUCLA BASIN Resource To Reserve Deli
Slide 48: Outlook
Diatreme Resources Limited For personal use only Outlook Diversified project base • Substantial upside from several projects • Large ground holdings Important Developments •Copper Resources • Zircon and other heavy minerals •IPO of Gold & Tin Projects in Xtreme Resources
Slide 49: For personal use only
For personal use only Value Adding through innovation & good quality exploration projects