IMX Resources is pleased to announce that it has confirmed significant graphite potential within its Nachingwea Property in south-east Tanzania, with rock chip sampling returning high-grade graphite results with assays of up to 29.6% carbon. The majority of the rock chip sampling program was undertaken at the Chilalo Prospect, located 25km to the [...]
IMX Resources is pleased to announce that it has successfully negotiated an agreement with Flinders Ports on a restructure of the guarantee provided by IMX under the port handling services contract between Termite Resources and Flinders Ports for the Cairn Hill iron ore mine in South Australia. Flinders Ports has agreed not to make any claim on the [...]
IMX Resources provides the following update on its Ntaka Hill Nickel Sulphide Project located in south-east Tanzania, on its broader Nachingwea Property. The Nachingwea Property is the subject of a joint venture agreement with MMG Exploration Holdings Limited under which MMG may earn up to a 60 per cent interest in the Nachingwea Property by [...]
NORTH ADELAIDE, Australia, June 19, 2014 /CNW/ - IMX Resources (ASX: IXR, TSX: IXR, IXR.WT) advises that owing to the recent decline in the iron ore price, the board of directors of Termite Resources NL ("Termite"), the entity which owns the Cairn Hill iron ore mine in South Australia, in which IMX holds a 51% interest, has appointed an [...]
West Perth, Alberta CANADA, June 18, 2014 /FSC/ - IMX Resources Ltd. (ASX: IXR, TSX: IXR, IXR.WT), advises that owing to the recent decline in the iron ore price, the board of directors of Termite Resources NL ("Termite"), the entity which owns the Cairn Hill iron ore mine in South Australia, in which IMX holds a 51% interest, has appointed an [...]
Substantial new gold target - potential to host significant gold deposit KEY POINTS * Extensive, coherent, gold-in-soil anomaly measuring 4km by 5.5km identified at the Kishugu prospect at IMX's Nachingwea Property in south-east Tanzania. * Peak soil values, up to 904ppb Au, define a 2km trend within the main anomaly. * IMX's JV partner at [...]
Marks the culmination of a US$50million exploration effort over 8 years which has identified a potentially world-scale nickel sulphide province HIGHLIGHTS * Global resources company MMG has started a major new drilling program under its US$60 million Nachingwea JV with IMX * Drilling will test a host of extensive, green-fields and advanced [...]
PERTH, AUSTRALIA--(Marketwired - Apr 30, 2014) - IMX Resources Ltd. (ASX:IXR)(TSX:IXR)(TSX:IXR.WT) - SUMMARY Cairn Hill Iron Ore Operations Phase 2 extension of the Cairn Hill Mine, with operations continuing through to June 2015 Negative cash flow from operations of $1.4 million1 due to receipt of provisional invoice for the final shipment for [...]
IMX Resources has experienced lower-than-anticipated copper grades from provisional invoice assays for the two most recent shipments of DSO magnetite-copper ore from its 51%-owned Cairn Hill Mine in South Australia. The shipments consisted of the final ore to be extracted from the bottom of Pit 1, which forms part of the Cairn Hill Phase 1 [...]
8.4 Metres @ 59.1% Fe West Perth, Australia, April 03, 2014 /FSC/ - IMX Resources Ltd.(ASX: IXR, TSX: IXR, IXR.WT) is pleased to advise that it has identified a significant occurrence of high-grade hematite from previous drilling at its Mt Woods Project, located near its operating Cairn Hill Mine in South Australia. The recent extension of the [...]
Corporate office will be relocated to Adelaide with the appointment of experienced mining executive Gary Sutherland as Managing Director West Perth, Australia, April 01, 2014 /FSC/ - IMX Resources Ltd.(ASX: IXR, TSX: IXR, IXR. WT) is pleased to announce major corporate changes, designed to reflect its status as a growing South Australian iron ore [...]
Cairn Hill extension forms part of a strategy to establish a 5-year mine life * Extends Cairn Hill Mine to mid-2015. * Financial modelling indicates that together with Phase 1 operations, the Phase 2 extension is expected to generate post-tax, free cash flow of approximately $13.3 million for the Cairn Hill JV. * Utilises existing operational [...]
