Image Resources NL (
The southern part of the Atlas deposit has not been closed off. Reviews of topographical (DEMS) and other technical data have identified the target shown in the attached map as being at least 5km in length. This high priority target will be followed up as soon as possible by the company upon completion of permitting. Exploration will comprise detailed geophysical surveys followed by aircore drilling traverses over the detailed target areas defined.
For the complete Image Resources announcement including figures, please refer to the following link:
http://www.abnnewswire.net/media/en/docs/64188-ASX-IMA-515433.pdf
About Image Resources NL
Image Resources NL (ASX:IMA) is a mineral sands focused mining company operating an open-cut mine and ore processing facility at its 100%-owned, high-grade, zircon-rich Boonanarring Project, located 80km north of Perth in the infrastructure rich North Perth Basin.
Boonanarring is arguably one of the highest grade, zircon-rich mineral sands projects in Australia. Construction and project commissioning were completed on-time and on-budget in 2018. Production commenced in December 2018 and HMC production ramped-up to exceed name-plate capacity in only the second month of operation. The Company achieved profitability in Q1 2019 and was cashflow positive in Q2 2019 and is now at steady state production.
Contact
George SakalidisManaging Director
Tel: +61-8-9485-2410
Mob: +61-411-640-337
Roger Thomson
Executive Director
Tel: +61-8-9485-2410
Mob: +61-419-969-183
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