Diatreme Resources Limited · ASX:DRX
Diatreme Resources — Noosa Mining Investor Conference 2022
22 slides from Diatreme Resources's conference presentation, Jul 21, 2022
Slide 1: Critical High Purity Silica
21 July 2022 Noosa Mining Investor Conference For personal use only Critical High Purity Silica
Slide 2: Important Information
Important Information For personal use only This presentation contains certain forward-looking statements and forecasts which include without ASX Announcements limitation, expectations regarding future performance, exploration, mineral resources, the financial position of Diatreme Resources Limited
Slide 3: Company overview
Company overview Si2 North 124.1Mt For personal use only Cape Flattery Silica Mine Diatreme Resources is an emerging Exploration tenements Australian producer of critical high Mining Lease Applications purity low iron silica sands. Exploration target Si2 North Resource Our silica projects, the Galal
Slide 4: Company profile
Company profile For personal use only Diatreme Board Chairman Wayne Swan Directors Current market cap Michael Chapman circa ~ 138 million Greg Starr William Wang DRX Management CEO - Neil McIntyre CFO - Tuan Do COO - Peter Brown People and Sustainability - Linda Kingston Engineering Project Manager
Slide 5: Corporate snapshot
Corporate snapshot Shareholder interests 15 July 2022 For personal use only Ilwella P/L (Flannery) 17.05% Share price Market capitalisation Sibelco 15.55% A$0.038 A$137m German Mining Fund At close trading 15 July 2022 At 15 July 2022 9.68% 52 week high $0.044, low $0.017 Directors & Management 0.47
Slide 6: Vision
Vision For personal use only To be a near-term producer 01 02 of high purity, low iron silica Galalar is one of the Potential for delivery of two world class low iron sands for use in growing world’s purest silica sands projects. high purity silica projects global solar PV and specialty Total Minera
Slide 7: Sibelco: Our new development partner
Sibelco Our new development partner For personal use only Formation of Silica Projects • Sibelco direct corporate entry for 15% shareholding in Diatreme (completed) J/V with Sibelco progressively • Sibelco pre-eminent in silica space worldwide contributing $35m in two • Diatreme manage and operate o
Slide 8: Sibelco: One of the world's leading providers of industrial minerals
Sibelco One of the world’s leading providers of industrial minerals For personal use only • Sibelco is a market leader in the European market for specialty silica and recycled cullet • Sibelco is a clear leader in Europe for silica used in glass production and in the Asian market for fibre and displ
Slide 9: Mineral Resource Estimate update
Mineral Resource Estimate update Increased by more than 400% in two years For personal use only 2020 2021 2022 Measured, Indicated & Measured, Indicated & Measured, Indicated & Selective targeting and Inferred Mineral Resource Inferred Mineral Resource Inferred Mineral Resource exploration planning
Slide 10: Long life sustainable operations
Long life sustainable operations Great logistics, conveyed products, port options, sustainability For personal use only Multiphase high purity sand dunes located 20-50km 2020 – 2024* 2020 – 2024* Long Term northeast of Hope Vale in Far North Queensland, Transition to Build Delivery to extend inland
Slide 11: Galalar project
Galalar project For personal use only Mine reserves High purity silica product* 32.5Mt Silica sand Iron oxide =<105ppm Silicon dioxide =<99.9% Particle size distribution 109-700 microns >98.50% SiO2 grade Required global specs Required global specs Required global specs <120ppm <99.5% <109-700 micro
Slide 12: Galalar production target
Galalar production target* 1.3– 1.5 million tonnes per annum For personal use only Galalar Project delivers initial personnel training, Production aligned to Diatreme’s low impact model and technical expertise, process refinement, revenues and future silica market demands ESG systems *Production for
Slide 13: Si2 North Deposit
Si2 North Deposit 124Mt resource For personal use only • Expand mineral resource inventory and improve confidence • Preliminary metallurgy - 99.9% SiO2 and 100-120ppm Fe2O3 product • Amenable to conventional processing technologies, delivering high purity silica • Advancing technical studies and reg
Slide 14: Mining Lease applications – Northern Silica Project
Mining Lease applications – Northern Silica Project For personal use only • Mining Lease Applications (MLA’s) lodged for Northern Silica Project, located near the Port of Cape Flattery • Infrastructure MLA’s deliver access to Cape Flattery port and road connections to Hope Vale • Now advancing on te
Slide 15: Silica market
Silica market For personal use only 180 APAC sales Volume (Mtpa) 40Mtpa of 160 extra high quality sand is needed in APAC 140 120 Source: IMARC Group, Report Title: “Asia Pacific Silica Sand Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” February 2021 100 2016 2017
Slide 16: Silica market: APAC the fastest growing region
Silica market APAC the fastest growing region For personal use only • Wogen Ltd and other specialist market consultants to • Supply is diminishing as a lot of the sand used in Asia Diatreme have completed extensive market comes from rivers where environmental concerns are investigations and engageme
Slide 17: Business value drivers
Business value drivers For personal use only • Environmental and Social license to operate • Single high purity silica product • Consistent delivery into silica market deficit (undersupply) • Low capex start-up, high NPV, rapid payback operations • Lowering operating unit rates – economies of scale,
Slide 18: Project delivery timeline
Project delivery timeline* 2022-2023 For personal use only Today 2H 2021 1H 2022 2H 2022 1H 2023 2H 2023 Planning/Mining Project Agreement Galalar Project MPA completion Community consultation EIS submission/ Public notices Marketing offtake Port review Permitting Public meetings FID Procurement Pro
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: Resource & reserves statements
Resource & reserves statements For personal use only JORC Resource Silica sand Silica sand Cut-off SiO2 SiO2 % Fe2O3 % TiO2 % LOI % Al2O3 % Density (t/m3) Category (Mt) (Mm3) (%) Galalar Silica Sand Measured 43.12 26.95 98.5 99.21 0.09 0.11 0.16 0.13 1.6 Project Indicated 23.12 14.45 98.5 99.16 0.09
Slide 22: Competent person's statement
Competent person’s statement For personal use only Statement in accordance with the Australasian code for reporting of exploration results, mineral Mineral Resources resources and ore reserves (the JORC code) The information in this presentation that relates to Mineral Resources at the Galalar Silic
Diatreme Resources — Noosa Mining Investor Conference 2022 on 6ix