Diatreme Resources Limited · ASX:DRX
Diatreme Resources — Noosa Mining Investor Conference 2023
27 slides from Diatreme Resources's conference presentation, Nov 16, 2023
Slide 1: High purity silica sand - critical mineral in global demand
For personal use only High purity silica sand - critical mineral in global demand. Noosa Mining Investor Conference Neil McIntyre, CEO, Diatreme Resources 16 November 2023
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: Two high purity, low iron silica sands projects in North Qld
Two high purity, low iron silica sands projects in North Qld Northern Silica Project For personal use only The Northern Silica and Galalar projects will be co-developed with our J/V partner Sibelco. • Long life, sustainable operations with excellent logistics and ESG credentials • Diatreme explorati
Slide 4: Corporate snapshot
Corporate snapshot For personal use only Share price Market capitalisation Shares on issue Cash Debt facility (unsecured) Options A$0.023 A$85.8m 3,729m A$41.8m A$1.5m 70m 10.0m – Exp 27/5/26 @ $0.025 10 November 2023 10 November 2023 30 September 2023 Repayment 30 May 2024 10 November 2023 10.0m –
Slide 5: In a nutshell
In a nutshell For personal use only Diatreme’s Northern Mineral Resource High silicon dioxide Low iron Silica Project in 235Mt 99.9%+ <120ppm North Queensland is 98% in range 100% in range one of the world’s purest silica sand projects. High purity silica sand in global demand. 5
Slide 6: Sibelco is our development partner
Sibelco is our development partner For personal use only The Northern Silica June 2022 Project’s high purity Diatreme enters joint venture with international materials heavyweight Sibelco. silica sand is • Sibelco paid $35m for 26.8% of Diatreme’s silica projects attracting interest • 2nd tranche in
Slide 7: Sibelco
Sibelco One of the world’s leading providers of industrial minerals For personal use only Sibelco brings world class silica processing and technical knowledge along with marketing and development expertise • Sibelco is also a leading supplier of silica to the Asian market for specialty glass • Globa
Slide 8: High-purity silica is vital for the manufacture of solar panels
High-purity silica is vital for the manufacture of solar panels For personal use only 70% of a solar panel is comprised of 70% high- glass made from high purity, purity silica low iron silica. • High-grade low iron silica sand is an essential raw material in production of solar panels, smartphones a
Slide 9: Silica surge
Silica surge US$32B global market by 2028 For personal use only IMARC predicts global silica sand APAC silica sand sales volume (Mtpa) market will grow from US$22.9B in 2022 to US$32.1B in 2028, with 180 CAGR of 5.6%. 160 40Mtpa of extra high quality sand is needed in • Global solar investment in 20
Slide 10: Potential to serve critical minerals hub in North Queensland
Potential to serve critical minerals hub in North Queensland For personal use only Queensland Critical Minerals Strategy to oversee $245M investment in critical minerals, driving energy transition to renewables. • Cape Flattery area identified as potential silica critical minerals hub • Northern Sil
Slide 11: Ports North/CFSM/Diatreme Unlocking approvals
Ports North/CFSM/Diatreme Unlocking approvals For personal use only • Tripartite Entry Deed signed with Far North Queensland Ports Corporation (Ports North), the relevant port authority for Cape Flattery Port & port incumbent operator Cape Flattery Silica Mines (CFSM, Mitsubishi owned) • Allows Diat
Slide 12: Silica Projects
For personal use only Silica Projects
Slide 13: PV Silica Grade
Northern Silica Project PV Silica Grade High purity, low-iron specs For personal use only 2023 Measured, Indicated & Inferred Mineral Resource 235.00Mt >99.33 (SiO2%) Iron Oxide Silicon dioxide =<120ppm =<99.9% 100% in range of global specs 98% in range of global specs Particle size distribution Alu
Slide 14: Positive Scoping Study strengthens development plans
Northern Silica Project Positive Scoping Study strengthens development plans. Feasibility Study now underway. For personal use only Target: Production of 121 million Note: Refer to ASX announcement 14 June 2023 – “Positive Scoping Study for Northern Silica Project strengthens development plans”. Dia
Slide 15: One of the world's purest silica sand projects
Northern Silica Project One of the world’s purest silica sand projects For personal use only The Northern Silica Project’s high purity, low iron product can be used as a direct feed by manufacturers. Offtake advancing – MOU with FLAT Glass, one of the world’s largest manufacturers of photovoltaic (P
Slide 16: Project adjacent to Cape Flattery Silica Mine
Northern Silica Project Project adjacent to Cape Flattery Silica Mine. For personal use only Phase 2 (years 3 -25) Production of 5Mtpa loaded from jetty to ocean-going vessel (OGV). • Phase 1: Production of 3Mtpa; transhipping via barge to OGV within Port of Cape Flattery using existing berthing “po
Slide 17: Galalar Project
Galalar Project Strategic 75Mt silica resource For personal use only Galalar Project anticipated to feed future Northern Silica Project production. Cooktown Nob Point Galalar Project High purity silica sand in global demand. 17
Slide 18: Maintaining the rights of Traditional Owners
Maintaining the rights of Traditional Owners For personal use only Walmbaar Aboriginal Corporation • Hope Vale Congress also has role as trustee of Aboriginal Freehold land and Hope Vale Congress Aboriginal Corporation represent interests of • Detailed pre-clearing inspections for any exploration wi
Slide 19: Integrated sustainability
Integrated sustainability For personal use only Business Delivery Secure jurisdiction, Multiple long life projects, Utilising and upgrading Low CAPEX, low payback, Uncomplicated mining, Investor support for long Innovation delivering including government with low risk resource product delivery long
Slide 20: Delivery timeline 2023-2026
Northern Silica Project Delivery timeline 2023-2026 (Subject to timely advancement through State and Federal Government permitting and approval process) For personal use only 1H 2023 2H 2023 1H 2024 2H 2024 1H 2025 2H 2025 1H 2026 2H 2026 Obtain ML Scoping Study & & EA Commence EIS Complete EIS – si
Slide 21: Contact Details
For personal use only CONTACT DETAILS Critical High Office: Unit 8, 61 Holdsworth Street Purity Silica Coorparoo, QLD, 4151 P: 07 3397 2222 E: manager@diatreme.com.au W: www.diatreme.com.au
Slide 22: Appendices
For personal use only APPENDICES Critical High Purity Silica
Slide 23: Mineral Resource Estimate increased by more than 240% in three years
Mineral Resource Estimate increased by more than 240% in three years For personal use only 2023 Measured, Indicated & Inferred Mineral Resource 310.46Mt Northern Silica Project Galalar Project 235.0Mt 75.46Mt >99.33 (SiO2%) >99.18 (SiO2%) Note: Under the JORC Code, 2012 Edition an Indicated Mineral
Slide 24: Business value drivers
Business value drivers For personal use only Environmental & Consistent Low capex start- Single high purity delivery into silica up, high NPV, silica product social licence to operate market deficit rapid payback Evolving downstream high World class Supporting Lowest quartile deposit, in-situ domest
Slide 25: Experienced Leadership
Experienced Leadership Our team has extensive experience in the government, mining and resources sector For personal use only Wayne Swan Neil McIntyre MBE Michael Chapman Gregory Starr Cheng (William) Wang Kara Keys Chairman CEO Non-Exec Director Non-Exec Director Non-Exec Director Non-Exec Director
Slide 26: 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 resources Mineral Resources and ore reserves (the JORC code) The information in this presentation that relates to Mineral Resources at the Galalar Silic
Slide 27: Resources and Reserves Statement
Resources and Reserves Statement For personal use only Global Resources – Northern Silica Project & Galalar Silica Project JORC Resource Silica sand Silica sand Cut-off Density SiO2 % Fe2O3 % TiO2 % LOI % Al2O3 % Total % Category (Mt) (Mm3) SiO2 (%) (t/m3) Galalar Measured 43.12 26.95 98.5 99.21 0.0
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