AN emerging Cape York mining company has made a significant step forward after signing a deal that will help secure its future.
Emerging silica sands developer and explorer Diatreme Resources has signed a Memorandum of Understanding with state government-owned corporation Ports North.
Ports North is the relevant authority for Cape Flattery, home of a shiploader currently used by Cape Flattery Silica Mines for the export of its silica product.
Diatreme CEO Neil McIntyre said the MoU would boost the development of the company’s northern silica project.
Mr McIntyre said the MoU outlined key terms of cooperation to advance and facilitate exports from the proposed northern project via the port.
“This is another key milestone for Diatreme as we work to unlock the export market for our high-grade silica product from our Far North Queensland projects,” Mr McIntyre said.
“Getting our high-grade silica product to market is crucial and we look forward to working closely with Ports North to achieve this through the Port of Cape Flattery.”
Under the MoU, Ports North and Diatreme will share information as agreed upon to progress the northern project.
These activities include:
• Onshore and offshore infrastructure;
• Access to land – onshore and offshore, including seabed leases;
• Commercial agreements;
• Shipping activities and ship simulation studies;
• Review of any required government approvals documentation.
