The Clermont Project is situated around the town of Clermont in central Queensland. Diatreme is exploring for porphyry and stratabound bulk tonnage copper/gold deposits along with mesothermal gold deposits. Copper was mined at the Peak Downs Copper Mine following its discovery in 1862 and during the period to 1877, 17,000 tonnes of copper (100,000 tonnes @ 17% copper) is reported to have been produced from the mining and smelting operations on site.
MLM Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
