Presentation - Noosa Mining Conference
DRX.AX
ersonal use only
ASX:DRX
Time to shine.
Advancing to Mining
High Purity Silica Mine
Noosa Mining Unearthed
12 November 2021
Important Information
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This presentation contains certain forward-looking statements and forecasts which include
without limitation, expectations regarding future performance, exploration, mineral resources,
the financial position of Diatreme Resources Limited (the "Company"), industry growth or
other trend projections. Whilst this presentation is based on information from sources which
are considered reliable, the Company, its directors, employees and consultants do not
represent, warrant or guarantee, expressly or impliedly, that the information in this
presentation is complete or accurate. To the maximum extent permitted by law, the Company
disclaims any responsibility to inform any recipient of this presentation of any matter that
subsequently comes to its notice, which may affect any of the information contained in this
document and presentation. Nothing in this presentation should be construed as either an
offer to sell or a solicitation of an offer to buy or sell securities.
Cautionary Statement
Whilst Diatreme Resources has concluded that it has a reasonable basis for providing the
forward looking statements included in this presentation, Diatreme Resources advises that
given the current price of zircon and the company's current market capitalisation (compared
to the capital expenditure required in connection with the Cyclone Zircon Project), the
useproduction targets and forecast financial information contained in this presentation do not
ersonal
provide an absolute assurance of economic development at this stage. The stated production
targets and forecast financial information contained in this presentation are based on detailed
PFS studies and Diatreme Resources' current expectations of future results or events, including sourcing of project development finance within the targeted timeline and/or attracting suitable project major financial partners and should not be relied upon by investors when making investment decisions.
The Resource Estimates and Production Targets reported by the Company on
20 September 2021 continue to apply and have not materially changed. Diatreme confirms that it is not aware of any new information or data that materially affects the information included in these announcements and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed.
Additional Information
This presentation should also be read in conjunction with the DRX Annual Report for 2020 and the September 2021 Quarterly Activities report, together with any announcement made by Diatreme in accordance with its continuous disclosure obligations under the Corporations Act including but not limited to the following ASX releases:
ASX:DRX Resources Diatreme
2 | Slide
Company Profile
Diatreme introduction.
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▪
Public, ASX-listed company operating over 14 years focused on
minerals exploration and development (ASX:DRX)
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▪ Current market cap ~ $66 million
▪
Flagship project - Galalar Silica Project, Far North Queensland
▪ Over 1,200 active shareholders including major shareholders
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Ilwella P/L (Flannery Family Office) (approx. 20%), Deutsche Balaton
(approx. 11.5%)
▪
Experienced Board and management who have successfully
implemented and managed many projects through to mining, with specific Nth Qld mining project implementation and management experience from greenfield to production.
Diatreme Board
Chairman
Wayne Swan
Directors
Michael Chapman
Greg Starr
William Wang
DRX Management
CEO Neil McIntyre
COO Peter Brown
Project Manager Phil McMurtrie
Geologist Neil Forbes
CFO Tuan Do
ASX:DRX Resources Diatreme
3 | Slide
Corporate Overview
Share price
A$0.023
only At close trading 8 November 2021 52 week high $0.030, low $0.012
Shares on issue
3,014m
useOptions
219.2m
ersonal179.2m - Exp 4/2/22 @ $0.020 13.3m - Exp 27/5/26 @ $0.025
13.3m - Exp 27/5/26 @ $0.030
13.4m - Exp 27/5/26 @ $0.035
Performance rights
1.9m
Market capitalisation
A$66m
At 8 November 2021
Cash
A$8.8m
At 30 September 2021
Debt facility (unsecured)
A$1.5m
Repayment 30 November 2022
Ilwella P/L
(Brian
Flannery)
19.98%
German Mining
Fund
11.54%
Others 67.97%
Directors &
Management
0.51%
Shareholder interests at 3 Nov 2021
DRX Share price history 12 months to 3 Nov 2021
$0.030
$0.025
$0.020
$0.015
$0.010
ASX:DRX Resources Diatreme
4 | Slide
World Class Silica Sands Project
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Our vision is to become a near-term producer of
high purity, "low iron" silica sands for use in growing
global solar PV and specialty glass markets.
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One of the world's purest
Proximity to the world's
Global silica consumption
silica sands projects.
largest silica sands project
growing fast.
at Cape Flattery.
Total Mineral Resource
(Mitsubishi-owned) operating
Solar PV panels whose primary
75.5Mt @99.1% SiO2
30 years+
component is glass sheeting
ASX:DRX Resources Diatreme
4
Robust economics, advancing fast.
Low CAPEX | OPEX
First production target Q1 2023
5 | Slide
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Disclaimer
Diatreme Resources Limited published this content on 11 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2021 22:56:02 UTC.