Diatreme Resources (ASX:DRX) said it is reevaluating its Clermont copper-gold project in Queensland, focusing on potential gold and graphite. It is also considering divestment of the non-core asset as one of the options, according to a Wednesday filing with the Australian bourse.
The firm said the environmental impact statement studies for its Northern silica project in Queensland are progressing to the final stages of impact assessment and mitigation, following the receipt of final terms of reference. The 2024 drilling results from the project will form the basis of a new mineral resource estimate and maiden ore reserves.
The firm plans to focus on its silica projects in the June quarter, per the filing.
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