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.
Image Resources NL (ASX:IMA) is pleased to report record high quarterly HMC production for the June quarter, breaking the previous record set in Q1 2021, from its 100%-owned, high-grade, zircon-rich Boonanarring mineral sands project, located 80km north of Perth in the North Perth Basin in WA.
Image Resources NL (ASX:IMA) is pleased to advise it has received encouraging assay results from initial drilling on both Image's 100%-owned Erayinia Gold tenement and the King Gold Farmin Prospect.
Image Resources NL (ASX:IMA) is pleased to provide the following preliminary June Quarterly results stemming from production at its high-grade, zirconrich Boonanarring Mineral Sands Project located 80km north of Perth.
Image Resources NL (ASX:IMA) (OTCMKTS:IMREF) provides the Company's latest presentation at Mineral Sands Conference.
Image Resources NL (ASX:IMA) (OTCMKTS:IMREF) is pleased to announce its Equity Raising has closed fully subscribed. The AU$25m Equity Raising was launched on 11 March 2018 with Euroz Securities Limited, the Sole Lead Manager and Sole Bookrunner. Demand has come from new and existing investors.
Image Resources NL (ASX:IMA) (OTCMKTS:IMREF) is pleased to announce it has entered into two Equity Subscription Deeds to fully underwrite the issue of 250 million fully paid ordinary Image shares at an issue price of 10 cents to raise AU$25M (before costs).
Image Resources NL (ASX:IMA) (OTCMKTS:IMREF) is pleased to announce that the Company has entered into a Loan Note Subscription Agreement with Pala Investments Limited and Castlelake IV, L.P. and CL V Investment Solutions LLC which are entities controlled by Castlelake L.P. as the Loan Note Holders, to raise AU$50M1 from the issue of senior secured loan notes.
Image Resources NL (ASX:IMA) (OTCMKTS:IMREF) is pleased to advise the Company is finalising the issue of a contract to BMD Constructions for the construction of the site entry road intersection for its 100%-owned, high-grade, zircon-rich Boonanarring Mineral Sands Project located in the infrastructure-rich North Perth Basin, located 80km north of Perth, Western Australia.
Image Resources NL (ASX:IMA) provides the Company's Quarterly Activities Report for the quarter ended 31 December, 2017.
Image Resources NL (ASX:IMA) is pleased to announce a placement of 40,000,000 new ordinary shares at an issue price of 10 cents per share to qualified institutional and sophisticated investors to raise $4,000,000 (before costs).
