| Expiry of unlisted stock options | |
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eb3ffff7-fdc3-4ddb-9fe7-45c9617be524.pdf
11 January 2016
Expiry of unlisted stock options
IMX Resources Limited advises that the following options have expired unexercised:
Stuart McKenzie
Company Secretary
About IMX Resources Limited
IMX Resources is an Australian minerals exploration company that holds a 5,400 km2 tenement package at the Nachingwea Property in south-east Tanzania. The Nachingwea Property hosts the Chilalo Graphite Project, the Ntaka Hill Nickel Project and the Kishugu and Naujombo Gold Prospects. IMX's primary focus is on developing the high-grade and coarse flake Chilalo Graphite Project. The Pre-Feasibility Study ('PFS') released on 23 November 2015 outlined a low cost, high margin operation, with attractive project economics and confirmed the potential viability of a small scale open pit mining and conventional flotation processing operation. The PFS is based on a high-grade Indicated and Inferred JORC Mineral Resource of 9.2 Mt grading 10.7% Total Graphitic Carbon ('TGC'), comprised of an Indicated Resource of 5.1 Mt grading 11.9% TGC for 613,800 tonnes of contained graphite and an Inferred Resource of 4.1 Mt grading 9.1% TGC for 370,300 tonnes of contained graphite. Chilalo is located approximately 220 km by road, from the deep water commercial Mtwara Port, the majority of which is a sealed main road. IMX aims to become a respected supplier of high quality graphite.
To find out more, please visit www.imxresources.com.au.
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IMX Resources NL
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DEVELOPMENT STAGE |
CODE : IXR.AX |
ISIN : AU000000IXR2 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
IMX Resources NL is a nickel and copper development stage company based in Australia. IMX Resources NL develops nickel, copper and iron in Australia, and holds various exploration projects in Australia and in Tanzania. Its main asset in development is CAIRN HILL in Australia and its main exploration properties are KANGAROO in Canada, LUWUMBU, NTAKA, MIBANGO and NYATI in Tanzania and MUSGRAVE, BLACK HILL, MT WOODS and MT PAISLEY in Australia. |