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Last A$0.01 AUD
Change Today +0.001 / 8.33%
Volume 1.0M
IXR On Other Exchanges
As of 10:01 PM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

imx resources ltd (IXR) Snapshot

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05/30/14 - A$0.05
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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

Acting Chief Executive Officer and Chief Fina...
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 Announces Final Assay Results from 2014 Diamond Drill Program

IMX Resources Limited received final results from diamond drilling completed last year at the Chilalo Graphite Project, the Company's high-grade flake graphite discovery in south-east Tanzania. The results reinforce the potential for a significant graphite resource at Chilalo, with the diamond drilling results correlating with those from twinned Reverse Circulation (RC) drilling ­paving the way for a maiden JORC 2012 Mineral Resource estimate. Appendix 1 shows the details of the diamond drilling results. The final assay results from the 2014 diamond drill program included: 24m at 12.29% TGC from Hole DD067 (twinned from Hole RC140 which returned 24m at 11.7% TGC); 24m at 12.50% TGC from Hole DD068 (twinned from Hole RC157 which returned 24m at 13.1% TGC); 12m at 10.20% TGC and 10m at 9.64% TGC from Hole DD069 (twinned from Hole RC151 which returned 20m at 7.2% TGC); and 16m at 10.3% TGC and 16m at 7.4% TGC from Hole DD070 (twinned from Hole RC154 which returned 16m at 11.7% TGC and 16m at 5.9%).

IMX Resources Limited Announces Resignation of Robert Sun as Non-Executive Director

IMX Resources Limited announced Robert Sun resigned as a non-executive director in December. Mr. Sun was originally appointed to the IMX Board as a representative of the Sichuan Taifeng Group, which had a 49% interest in the Cairn Hill Iron Ore Mine joint venture with IMX in South Australia.

IMX Resources Limited Announces Further High-Grade Intersections at its Chilalo Graphite Project in Tanzania

IMX Resources advised that it has received further assays from its Reverse Circulation (RC) drilling program at the Chilalo Graphite Project, located on its Nachingwea Property in Tanzania. The assays are from four holes at Chilalo, where drilling returned a number of near-surface, high-grade intersections including: Hole NRC14-154: 16m at 11.7% TGC from 18m, including 6m at 13.5% TGC; Hole NRC14-155: 18m at 11.8% TGC from 56m, including 8m at 14.3% TGC; Hole NRC14-156: 14m at 13.0% TGC from 0m; and Hole NRC14-157: 32m at 11.4% TGC from 18m, including 14m at 14.3% TGC. These results extend the high-grade mineralisation further along strike to the north-east and south-west from the assayed holes announced to date. The mineralisation remains open both along strike and down dip. The 2014 Chilalo RC drilling program comprised 33 drill holes for 2,558m, drilled into several VTEM (Versatile Time Domain Electromagnetic) geophysical targets. All drill holes have intersected graphite and one target stands out with significant high-grade mineralisation. In addition to the RC drilling, the Company has recently completed a program of diamond drilling at Chilalo. This will assist in the definition of a JORC Mineral Resource, which the Company expects to complete in early 2015, as well as providing core for metallurgical testwork to determine the flake size distribution of the deposit, flotation recoveries and concentrate grades. The core will also allow for marketing samples to be prepared as the Company seeks to engage with end users.


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