Eyeing further resources expansion at its Galalar Silica Project, Diatreme Resources Limited (ASX:DRX) announced today plans to explore two other high-priority silica sand areas.
Prior to the announcement, Diatreme mobilized its exploration team in the Cape Flattery area of EPM 17795 Cape Bedford. Results from this regional exploration identified large silica sand dune systems.
Located near the Mitsubishi-owned Cape Flattery mine – the world’s largest operating silica mine – the newly-identified targets and its associated port infrastructures could boost Diatreme’s silica resource taken from Galalar.
As the solar PV market grows, the demand for high purity silica sand should follow suit. The Cape Flattery silica sand product will be used for the construction of solar PV glass throughout Asia.
Diatreme’s drilling programs at the target areas should commence in mid-late Q1 CY2021.
On the intended exploration, Diatreme CEO Neil McIntyre commented: “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.
“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”