PERTH, AUSTRALIA -- (Marketwire) -- 02/01/13 -- IMX Resources Limited (TSX: IXR)(TSX: IXR.WT)(ASX: IXR) ("IMX" or the "Company") and including its subsidiaries (the "Group") is pleased to report on the activities of the Group for the second quarter ended 31 December 2012.
HIGHLIGHTS
Cairn Hill Operations
-- Positive cash flow of $4.7 million from operations -- Record quarterly tonnes crushed and hauled by road [...]
WEST PERTH, AUSTRALIA -- (Marketwire) -- 12/18/12 -- Open Briefing interview with Managing Director Neil Meadows
IMX Resources Limited (TSX: IXR)(ASX: IXR) has nickel sulphide exploration and development assets in Tanzania as well as producing iron ore assets in South Australia. Its flagship project is the Nachingwea Regional Exploration Project in southern Tanzania, which hosts the Ntaka Hill Nickel Sulphide Project [...]
WEST PERTH, AUSTRALIA -- (Marketwire) -- 12/13/12 -- IMX Resources Limited (TSX: IXR)(TSX: IXR.WT)(ASX: IXR) ('IMX' or the 'Company') is pleased to announce that the Cairn Hill Mining Operation, which is operated by Termite Resources NL ('Termite'), completed loading of its three millionth tonne of ore from Port Adelaide, South Australia. The ship, the 'Piet', with 76,400 tonnes of cargo, is scheduled to set sail for [...]
WEST PERTH, AUSTRALIA -- (Marketwire) -- 12/09/12 -- IMX Resources Limited (TSX: IXR)(TSX: IXR.WT)(ASX: IXR) ('IMX' or the 'Company') is pleased to announce that the Line of Credit previously secured by Termite Resources NL ('Termite'), and reported in May(1) has been fully repaid.
The Line of Credit with LinQ Resources Fund has been repaid out of continued positive cash flows from the Cairn Hill Mining Operation [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/21/12 -- IMX Resources Limited (TSX: IXR)(TSX: ISR.WT)(ASX: IXR)(ASX: IXR.WT) -
Highlights
-- Placement of 33,909,000 shares ensuring effective consideration of $8.7 million from the proposed sale of the 49% interest in Mt Woods Copper- Gold JV and associated tenements to Oz Minerals (subject to the required IMX shareholder approvals being obtained and [...]
WEST PERTH, AUSTRALIA -- (Marketwire) -- 11/18/12 -- Highlights
-- IMX to sell (subject to execution of binding transaction documents and required approvals being obtained) its 49% interest in Mt Woods Copper- Gold JV and associated tenements to Oz Minerals
-- OZ Minerals' shares in IMX to be cancelled and replacement shares placed to new investors
-- Proceeds to fund working capital and ongoing [...]
WEST PERTH, AUSTRALIA -- (Marketwire) -- 11/14/12 -- Highlights
-- HOG sulphide horizon tested by RC drilling over 350m of its known 1050m strike extent -- Highly anomalous geochemistry intersected in five drill holes including: -- 19m at 0.86% Zn and 0.15 g/t Au from 49m (including 1.26% Zn and 0.09 g/t Au over 8m) -- 5m at 0.45% Zn and 0.43 g/t Au (including 0.94% Zn and 0.88 g/t Au [...]
WEST PERTH, AUSTRALIA -- (Marketwire) -- 11/14/12 -- IMX Resources Limited (ASX: IXR)(TSX: IXR)(TSX: IXR.WT) -
Highlights
-- Estimated C1 cash costs of USD 5.00 per pound of payable nickel which is mid range for global nickel producers -- Clear cash operating margin demonstrated over various metal price assumptions, including current spot price -- Estimated mine life of approximately 15 years -- Average [...]
WEST PERTH, AUSTRALIA -- (Marketwire) -- 11/07/12 -- IMX Resources Limited (ASX: IXR)(TSX: IXR)(TSX: IXR.WT) ('IMX' or 'the Company') reports that a 4200 station gravity survey has commenced at the Ntaka Hill Nickel Sulphide Project. The project is located approximately 250km west of the port town of Mtwara, and is part of the 100% owned Nachingwea property in south eastern Tanzania.
IMX Resources confirms further exploration success at the Ntaka Hill Nickel Sulphide Project with the discovery of near surface nickel sulphide mineralisation from five new geochemical exploration targets. The project is located approximately 250km west of the port town of Mtwara, and is part of the 100% owned Nachingwea property in south eastern Tanzania.
IMX Resources reports the discovery of two new high grade nickel sulphide lenses from the Lightning target located 400m southeast of Sleeping Giant at the Ntaka Hill Nickel Sulphide Project. The project is located approximately 250km west of the port town of Mtwara, and is part of the 100% owned Nachingwea property in south eastern Tanzania.