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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
29 Jan 2026 12:23PM
Price at Release
$0.018
Full Release
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Summary
Diatreme Resources Limited has released its quarterly activities report for the period ending 31 December 2025. During this quarter, the company reported a net cash outflow from operating activities of $517k, with total cash and liquid assets amounting to $7.7 million. Key activities included the sale of the Clermont Copper/Gold Project to Moonlight Resources Limited, for which Diatreme remains a significant shareholder with a 16.76% stake. The Cyclone Zircon Project saw improved recoveries from metallurgical testwork, and the Northern Silica Project submitted a Draft Environmental Impact Statement. The company also engaged in community activities within the Hope Vale region and planned further exploration activities for early 2026.
Key Points
  • Net cash outflow from operating activities of $517k.
  • Total cash and liquid assets: $7.7 million as of 31 December 2025.
  • Sale of Clermont Copper/Gold Project to Moonlight Resources Limited.
  • Diatreme holds a 16.76% stake in Moonlight Resources.
  • Improved recoveries in Cyclone Zircon Project's metallurgical testwork.
  • Northern Silica Project submitted Draft Environmental Impact Statement.
  • Community engagement in Hope Vale region.
  • Planned exploration activities for March quarter 2026.
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.