Diatreme Resources Limited (ASX code "DRX") is a diversified Australian mineral explorer. The Company's principal focus is on the discovery of heavy mineral sand, copper and base metal deposits.

MINERAL SANDS

Diatreme's mineral sands exploration focus centres on the highly prospective Eucla Basin, both in Western and South Australia, where a number of exciting heavy mineral sand (zircon) discoveries have been reported since late 2004. Significantly, Diatreme has extensive tenement holdings extending along a main fossil shoreline on the northern basin margin.

On 15 February 2008, the Company announced an Inferred Resource at the Cyclone Prospect in WA of 60Mt grading 3.1% heavy minerals for a total of 1.8Mt heavy minerals.

Limited analysis has indicated that the suite of minerals in the HM assemblage at Cyclone is dominated by high value zircon and leucoxene.

The Company also holds exploration ground for mineral sands in the Arckaringa Basin (SA), King Island (TAS) Casterton (VIC) and Shark Bay (WA).

COPPER, GOLD & BASE METALS

Diatreme holds exploration tenements for copper/gold (Clermont and Dooloo Creek in QLD and Anabama in SA) and base metals (Bellfield in QLD).