Ann: Cyclone Project Update, page-5

Are we there yet????

This is a question many long holders are most likely asking themselves in regards to Cyclone DFS and progress for the project. I know I am, so I just had a little refresher from the quarterly activity report from back in April and we should be due for some news very soon. "Timeframe for DFS completion is estimated to occur early in Q3 of 2018" That by my interpretation is not too far off.

The company also mentioned that, "During a visit to China in March, strong interest was shown in the Cyclone Project from potential project partners over construction, finance and product offtake, with Diatreme now working to formalise agreements (refer ASX announcement 4 April 2018)."

Since then the company has been busy, hiring a formidable new independent chairman in Gregory Starr. Progressing Cape Bedford via drilling and proving there is quality silica in situ and no doubt with the help of Gregory working towards a spin off of our Tick Hill tenement via an IPO of gold explorer of which we can clip the ticket!

Given how long I have help Diatreme, I cannot help but feel as though it has come back to life and there are many irons in the fire that could set this our share price alight at any given time this year.

GLTA all holders

D