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Diatreme Resources Limited (ASX:DRX)

ALERT: Price-sensitive ASX Announcement for DRX
Current share price for DRX : $0.012 -0.006 (-33.33%)+
Announcement
Release
19 Mar 2026 11:48AM
Price at Release
$0.018
Full Release
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Summary
Diatreme Resources Limited announced the completion of its Cyclone metallurgical testwork, which indicates significant project upside. The testwork, performed by Mineral Technologies, involved optimizing the Mineral Separation Plant (MSP) flowsheet for the Cyclone Project, leading to substantial increases in product yields. Highlights include a 58.3% increase in heavy mineral concentrate (HMC) production, a 6.8% rise in zircon production, and a remarkable 95.6% boost in titanium concentrate production. The improved recovery rates are attributed to advanced processing technologies that enhance mineral separation. This development positions the Cyclone Project, located in Western Australia's Eucla Basin, for potential collaboration with project partners interested in zircon-rich heavy mineral sands. The project's improved mineral recovery rates are expected to generate more value and attract investment opportunities.
Key Points
  • Cyclone metallurgical testwork shows project upside.
  • Significant increases in product yields were achieved.
  • HMC production increased by 58.3% to 3.2 Mt.
  • Zircon production increased by 6.8% to 866 kt.
  • Titanium concentrate production increased by 95.6% to 1.6 Mt.
  • Advanced processing technologies enhanced mineral separation.
  • Potential engagement with project partners for zircon-rich sands.
  • Cyclone Project is located in Western Australia's Eucla Basin.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.