IMX reports that a recent drilling campaign along the Ntaka - Lionja ultramafic trend, which extends 8km south from the Ntaka Hill Nickel Sulphide Project in Tanzania, has intersected new high grade and disseminated nickel sulphide mineralisation. New diamond drilling has extended the nickel mineralisation in the Lionja ultramafic intrusion 400m to the west from previous drilling and indicates an area of potential nickel [...]
IMX announces the discovery of the new Zeppelin nickel sulphide zone which has been traced over a 350m strike length and remains open in all directions 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.
WEST PERTH, AUSTRALIA -- (Marketwire) -- 10/30/12 -- IMX Resources Limited (TSX: IXR)(TSX: IXR.WT)(ASX: IXR) has won a prestigious regional award, which celebrates and showcases businesses that have made a significant contribution to regional South Australia.
The award, The Westpac Large Business Award, is part of the Advantage SA Regional Awards held each year.
IMX Resources Managing Director Neil Meadows said the [...]
WEST PERTH, AUSTRALIA -- (Marketwire) -- 10/25/12 -- IMX Resources Limited (ASX: IXR)(TSX: IXR)(TSX: IXR.WT) ('IMX' or 'the Company') has commenced the next phase of metallurgical testwork on core samples from the Snaefell prospect to produce a coarse high grade magnetite concentrate and evaluate whether it is suitable as a direct sinter feed product for Asian steel makers.
Snaefell, which forms part of the broader Mt [...]
IMX has commenced drill testing of magnetic targets at the Mt Woods Magnetite Project. Several particularly strong magnetic anomalies have been identified lying approximately 25km southeast of IMX's Cairn Hill magnetite-copper-gold mine and 30km east of the Snaefell prospect, which currently has an Inferred Resource of 569Mt at 27.1% Fe (18% Fe cut-off).(1)
IMX is pleased to report that in spite of the challenging market conditions experienced during the past three months, the Cairn Hill Mining Operation has continued to operate cashflow positive and continues to achieve forecast production rates of 150,000 tonnes per month, which equates to an above-nameplate capacity rate of 1.8 Mtpa. By working with major contractors and suppliers, in particular Flinders Ports and Exact [...]
WEST PERTH, AUSTRALIA -- (Marketwire) -- 10/08/12 -- Highlights
-- Multiple nickel intersections from the higher grade core of Sleeping Giant including:- -- 13.75m at 1.42% Ni and 0.36% Cu from 158.25m -- 5m at 2.14% Ni and 0.39% Cu from 235m including 0.6m at 14.75% Ni and 2.57% Cu -- 9m at 1.06% Ni and 0.38% Cu from 188m including 0.55m at 4.95% Ni and 2.29% Cu
WEST PERTH, AUSTRALIA -- (Marketwire) -- 09/30/12 -- 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 annual contained nickel production of 10,000 to 15,000 tonne [...]
WEST PERTH, AUSTRALIA -- (Marketwire) -- 09/25/12 -- IMX Resources Limited (TSX: IXR)(TSX: IXR.WT)(ASX: IXR)(ASX: IXR.WT) -
Highlights
-- Head grade of disseminated mineralisation test samples averaged 0.32% Ni and 0.07% Cu -- Concentrate grades averaging 11.2% Ni and 3.2% Cu achieved with 69% Ni recovery -- Simple conventional processing confirmed with low reagent additions -- Demonstrates potential to [...]
WEST PERTH, AUSTRALIA -- (Marketwire) -- 09/19/12 -- IMX Resources Limited (TSX: IXR)(ASX: IXR) -
HIGHLIGHTS
-- Plan of Arrangement overwhelmingly approved by CNI Shareholders -- Court and regulatory approvals granted -- Confirmation of listing on Toronto Stock Exchange (TSX) on 18 September -- IMX takes control of Nachingwea Exploration Project in Tanzania
IMX Resources Limited ('IMX') is pleased to announce [...]
A Deletion from the S&P/TSX Venture Composite IndexTORONTO, Sept. 14, 2012 /CNW/ - S&P Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:On September 13, 2012, Continental Nickel Limited (TSXVN:CNI) received final court approval for their Plan of Arrangement whereby the company will be acquired by IMX Resources Limited (ASX:IXR). Continental Nickel will be removed from the S&P/TSX [...]
Continental Nickel and IMX Resources announced today that they have closed the plan of arrangement announced on May 16, 2012. Pursuant to the terms of the Arrangement, IMX has acquired all of the issued and outstanding common shares in the capital of Continental that it did not already own. Shareholders of Continental (other than IMX) received 3.7 ordinary shares in the capital of IMX and 0.5 of an ordinary share purchase [...]
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