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An announcement from Diatreme Resources Limited ( (AU:DRX) ) is now available.
Diatreme Resources Limited has announced a significant upgrade to its Mineral Resource Estimate for the Si2 Deposit in the Northern Silica Project, with a 278% increase in Measured Mineral Resource to 187.5Mt. This upgrade enhances the company’s geological confidence and supports its plans for a 25-year mining operation, positioning Diatreme as a key player in the photovoltaic silica market.
More about Diatreme Resources Limited
Diatreme Resources Limited is an emerging developer in the silica sands industry, focusing on high-grade silica sand deposits in North Queensland. The company is strategically positioned to cater to the growing demand for high-purity silica, particularly for photovoltaic glass used in solar energy applications.
Average Trading Volume: 812,206
Technical Sentiment Signal: Sell
Current Market Cap: A$95.16M
See more insights into DRX stock on TipRanks’ Stock Analysis page.