Jan 25, 2021

Diatreme looks to expand silica sand resource

Diatreme looks to expand silica sand resource Diatreme Resources' silica sand tenements on Cape York.

Diatreme Resources has announced plans to explore two high-priority silica sand areas near Cape Flattery with the potential to add value to its Galalar silica project.

The company said it had identified large silica sand dune systems in the Cape Flattery area of its exploration ground that could contain large volumes of high purity silica sands.

The new targets are located near the Mitsubishi‐owned Cape Flattery mine, the world’s largest operating silica mine.

The company is hoping they will add significant silica sand to the current resource at Galalar amid continued growth in the solar PV market, requiring increased supplies of high purity silica sand.

It is planning to drill at high-priority targets named Silica Target 2 and Casuarina Hill this quarter.

“These new targets offer the potential for further expansion of our total resource base and regional understanding, and we are well placed to supply the Asia‐Pacific’s fast‐growing solar PV market,” Diatreme chief executive officer Neil McIntyre said.

“We look forward to getting this new exploration program underway following the end of the wet season to determine the significance of these targets, as we look to create a long‐life high purity silica sands project for the benefit of all stakeholders.”

Diatreme announced in May 2020 a total silica sand resource of 47.5 million tonnes at its Galalar project, including a measured mineral resource of 30.9Mt at 99.28 per cent SiO2.

The company has its sights set on a 2022 start to production at the Cape York project.