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Last A$0.01 AUD
Change Today +0.001 / 9.09%
Volume 2.7M
IXR On Other Exchanges
As of 12:43 AM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

imx resources ltd (IXR) Snapshot

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07/30/14 - A$0.04
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imx resources ltd (IXR) Details

IMX Resources Limited engages in prospecting, exploring, extracting, and producing minerals principally in Australia, Tanzania, and Canada. The company primarily explores for graphite, nickel, gold, and copper deposits. Its principal property includes the Nachingwea Property comprising a land package of 6.800 square kilometers located in south-eastern Tanzania. The company is based in West Perth, Australia.

imx resources ltd (IXR) Top Compensated Officers

Chief Executive Officer and Chief Financial O...
Total Annual Compensation: A$296.2K
General Manager of Commercial and Company Sec...
Total Annual Compensation: A$225.4K
General Manager of Exploration
Total Annual Compensation: A$366.2K
Executive Director of Exploration and Executi...
Total Annual Compensation: A$49.0K
Compensation as of Fiscal Year 2014.

imx resources ltd (IXR) Key Developments

IMX Resources Limited Commences Diamond Drilling at Chilalo Graphite Project to Underpin Completion of Pre-Feasibility Study

IMX Resources Limited commenced diamond drilling at Chilalo Graphite project to underpin completion of pre-feasibility study. The drilling program will comprise 13 diamond holes for 1,400m of drilling, and will be focused on upgrading approximately half of the existing Inferred Resource at Chilalo1 to Measured and Indicated status. The PFS is examining mining and processing operations to produce up to 50,000 tpa of quality graphite product. Owing to the interpreted continuity of the mineralisation and its uniformity of grade across the Inferred Mineral Resource, a high conversion to the Measured and Indicated category is expected from this drilling. The drilling program will also provide drill core for geotechnical studies, and for metallurgical optimisation and variability testwork. It will also be used to produce product samples for potential customers.

IMX Resources Limited Identifies New Gold Target Near Kishugu Gold Prospect on its Nachingwea Property in South-Eastern Tanzania

IMX Resources Limited announced that it has delineated an extensive new gold-in-soils anomaly located approximately 35km north-east of its Kishugu Gold Prospect on its Nachingwea Property in south-eastern Tanzania. The location of Naujombo and its proximity to Kishugu. The new anomaly, which has been named Naujombo, was identified from geochemical and geophysical datasets. It is in a similar geological setting to Kishugu, being located near a major first order splay fault off the same regional structure that transverses the Kishugu anomaly. Both anomalies are associated with very similar folded geological features. Naujombo is an extensive, coherent, gold-in-soil anomaly which has been delineated by regional reconnaissance soil sampling conducted on a 400m x 200m grid with maximum values of up to 131ppb Au in the main anomaly. The anomaly measures approximately 5km in length by 1km wide at greater than 20ppb Au and remains open in three directions. Naujombo also exhibits multi-element anomalism including arsenic, bismuth and silver, which are typical pathfinder elements for gold deposits and similar to the geochemical signature of Kishugu. While IMX's original plan was to commence drilling at Kishugu during the June Quarter, the company has now decided to modify its exploration approach by conducting additional exploration programs initially at both Kishugu and Naujombo. The additional exploration, which will include extending the soil sampling at Naujombo, trenching and geophysics, is expected to commence at Kishugu and Naujombo in May 2015. Assaying of trench material will allow closer targeting of the source of the gold anomalism, and enable a better understanding of the near-surface regolith (weathered rocks). Trenching may also help determine the geology and any alteration across the package of rocks which is important for targeting specific lithologies, ultimately leading to better drill hole planning.

Imx Resources Limited Announces Approval of Environmental Impact Assessment Study of Chilalo Graphite Project Mine

IMX Resources Limited announced that the scoping report and terms of reference for the environmental impact assessment study on the company’s proposed graphite mine development at Chilalo in south-eastern Tanzania have been approved by the National Environment Management Council of Tanzaania (the ‘Council’). This follows the council’s review of the scoping report and terms of reference for the EIA and the council’s registration of the Chilalo graphite mine development on 20 April 2015. Work on the EIA has already commenced and, with this approval in hand, will now be accelerated in line with the company’s objective of having the EIA submitted to the Council at the end of May 2015. The company has engaged a specialist consultant to conduct the EIA and manage the process for obtaining the required permits for the Chilalo Project.


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