Diatreme Resources (DRX)

Shares / Stock Code

DRX

Stock Exchange / Sharemarket

Australian Securities Exchange

Diatreme Resources Limited (DRX) is a Brisbane based, highly active and diversified mineral explorer with advanced commodity projects in heavy mineral sands, copper, base metals and gold. The Company has very large exploration ground positions including identified resources, in both heavy mineral sands and copper. At present, the Company's principal focus is on conducting prefeasibility studies over its Cyclone HM Deposit in Western Australia along with exploration over a large porphyry copper/gold mineralised system near Clermont, central Queensland.

Exploration companies aim to discover and delineate occurrences of metals that can be economically mined and extracted. Diatreme Resources Limited was incorporated as Minstrike Mining Pty Ltd on 10 August 1993 and changed its name to Strike Exploration Pty Limited in May 1994. In November 2000, the company converted to an unlisted public company and changed its name to Minstrike Limited. In March 2001, the company changed its name to Diatreme Resources Limited. It listed on the ASX on 22 June 2005.

Diatreme Resources has over 10 years experience in mineral exploration in eastern Australia. The Eucla Basin fossil shoreline is one of the last major heavy mineral target provinces that has not been comprehensively explored in Australia. As an explorer, Diatreme has no customers at present. Diatreme competes with other companies involved in exploration activites such as BHP Billiton, Rio Tinto and Harmony.

Diatreme Resources (DRX) Products and Services

  • Exploration for mineral sands, gold, copper and base metals in Australia

Diatreme Resources (DRX) Locations and Subsidiaries

Diatreme Resources Head Office
Level 2, 87 Wickham Terrace,
Spring Hill, QLD 4000
Phone: (07) 3832 5666
Fax: (07) 3832 5300

Diatreme Resources (DRX) Share Price

Submitted by ASX Listed Company on 15 March, 2010 - 21:30

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