Advancement of Northern Silica Project EIS

Diatreme Resources Limited (ASX:DRX) is progressing the approval process for its flagship Northern Silica Project (NSP) in Far North Queensland, following the release of the final Terms of Reference (ToR) for the NSP's Environmental Impact Statement by Queensland's Office of the Coordinator-General.

Executive Commentary on Environmental Impact Statement

We welcome the release of the final EIS ToR, an important step in the regulatory approval process for a new high purity silica sand mine in Far North Queensland that will deliver new jobs and other economic benefits to the local community while helping power the solar energy revolution. Diatreme is focused on delivering a sustainable project with the highest possible levels of environmental and social management, as befitting a project that will support global decarbonisation. A recognised critical mineral, high purity silica sand has been mined for decades in the Cape Flattery region and we look forward to advancing production with the support of the relevant Traditional Owners and all other key stakeholders.

Summary of Northern Silica Project EIS

Diatreme Resources Limited (ASX:DRX) has made significant progress in the approval process for its Northern Silica Project (NSP) in Far North Queensland with the release of the final Terms of Reference (ToR) for the Environmental Impact Statement (EIS). The final ToR outlines comprehensive study requirements across environmental, social, heritage, and economic aspects, providing Diatreme with certainty concerning the scope and detail of its site-based data collection and baseline surveys. The company is focused on delivering a sustainable project while maximizing economic benefits for the local community and supporting global decarbonisation. Diatreme is continuing its community consultation and stakeholder engagement program, with a key focus on social impact assessment and cultural heritage engagement. The next steps involve the preparation of the Draft EIS in accordance with the final ToR, followed by submission for Government review and public comment period. The NSP's strategic value has been recognized by the Queensland Government, establishing the environmental assessment process and marking a major milestone for the project.