Success at Cape Bedford

MINERAL sands producer Diatreme Resources has released a maiden mineral resource for its Cape Bedford project that confirms a high-grade silica deposit.

The north QLD project contains an estimated 21.6 million tonnes at 99 per cent silica.

“These results substantiate our previous exploration efforts and we are determined to advance this project as quickly as possible, working closely with traditional owners, Hope Valley Congress, to ensure maximum economic benefits for the local community,” Diatreme chief executive Neil McIntyre said.

The company is targeting the potential export of between 350,000 and 500,000 tonnes of high-quality silica sand per annum over an estimated 20-year operating life.