DRX 0.00% 2.4¢ diatreme resources limited

Updates, page-26

  1. 596 Posts.
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    Interesting info there Peppie appreciate it.

    Here is the response that Neil sent of which he was happy for me to share.

    Look. Naturally it is quite positive as you would expect.

    It was my first time contacting a company and I was happy that he responded and I was pleased with the response.

    Cheers

    D


    Mr , thank you for your query.

    Lots happening at Diatreme unfortunately a lot of which is not yet appropriate to announce or disclose.

    Tick Hill - we continue to work on testing and studies designing the most efficient and commercial method for tailings re-processing - we are close to defining that optimum program .In addition you may note regionally certain companies are taking up large acreage "plays" in and around Tick Hill and a number have approached us for joint opportunity - discussions only at this stage.

    Cyclone - Ministerial sign off on environmental approvals are close , its literally sitting in his office now . EPA approval recommendation and attached conditions are already in place as we announced which is the hardest part of the process. We have a number of interested parties offtakers/operators/engineering/investment firms all wanting to look at varying levels of participation in the project so we are trying to assemble the right mix of those to ensure maximum benefit for shareholders post that approval. And they are not just Chinese , in fact quite a mix of nationalities.

    Cape Bedford - Probably our most prospective tenement - finalising access and compensation agreements with Traditional owners now - scouting and preliminary exploration anticipated prior to start of wet season ( Nov/Dec) which will likely reveal some large silica and potentially Heavy Mineral targets with potential for major discovery news releases.

    We are a "lean and mean" team these days operating efficiently and diligently in the interest of shareholders so if we are perceived to be "quiet" it's usually because we are busy on major company making tasks.

    Kind Regards

    Neil McIntyre
 
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