Diatreme Resources Limited (AU:DRX) has released an update.
Diatreme Resources Limited has experienced a year of significant growth, with an expanded high-purity silica sand resource and a positive Scoping Study indicating strong financial prospects for the Northern Silica Project. The company is actively progressing towards a Feasibility Study and potential investment decision by 2025, while also engaging in community partnerships and advancing takeover plans for Metallica Minerals Limited to bolster market position. With a strong financial base and government support for renewable energy initiatives, Diatreme is poised for further expansion in the solar energy supply chain.
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