Diatreme's Moonlight Resources investment begins trading on ASX

Diatreme Resources Limited (ASX:DRX) announced today that Moonlight Resources Ltd (ASX:ML8), in which Diatreme holds a 16.8% stake, has been admitted to the Official List of the Australian Securities Exchange. Trading of Moonlight Resources' ordinary shares commenced at 8:30am WST / 11:30am AEDT on December 11, 2025. This follows Diatreme’s sale of Chalcophile Resources Pty Ltd and PGE Minerals Pty Ltd, which held the Clermont Gold Project, to Moonlight Resources.

As part of the transaction, Diatreme received A$3.25 million in Moonlight shares and A$250,000 cash. Moonlight Resources successfully raised A$10.0 million via an IPO, attracting strong demand from institutional and sophisticated investors, as well as support from existing shareholders of Lithium Plus Minerals Limited (ASX:LPM) and Diatreme. Diatreme retains the right to appoint a nominee director to the Moonlight Board.

Moonlight Resources has commenced a drilling program at the Clermont Gold Project. The initial confirmatory and infill campaign, which includes up to 2,000 metres of reverse circulation (RC) drilling, is designed to advance the high-priority Leo Grande Prospect towards a maiden Mineral Resource Estimate. Assay results from this phase are expected in Q1 CY2026.