Diatreme increases Cyclone HM estimate by 47%
Published: Monday, 14 December 2015
Following the acquisition of additional mineralisation land rights from Image Resources in March, Diatreme has increased the ore reserve estimate for its Australian Cyclone zircon project as well as extended its mine life. Project go-ahead now rests on EPA assessment, which is currently in progress.
Diatreme Resources Ltd has increased the ore reserve
estimate by 47% for its Cyclone zircon project in the Eucla
Basin, Western Australia.
The increased ore reserve incorporates the acquisition of
the Cyclone Extended resource – acquired from Image
Resources in March – bringing to reserve up to 140m