Intermin Resources Limited: Investor Presentation May 2018
Perth - Intermin Resources Ltd. (ASX:IRC) provides the Company's latest Investor Presentation.Asset overview
- High quality gold assets in the heart of the WA goldfields
- 100% ownership of 650km2 on Bardoc, Abattoir, Ida and Zuleika shear zones -350km2 acquired in last 18 months
- Walk up drill targets for new discovery exploration
- Existing JORC 2012 Resource of 434,000oz grading 2.12g/t
- Comprehensive regional geological database
- Assets close to existing third party milling infrastructure
- Strategic joint ventures in place at no cost to Intermin covering 350km2 in WA and a world-class vanadium resource in Queensland (1,500km2)
Company overview
- High quality landholding in the Goldfields of Western Australia
- Strong leadership with extensive mining, exploration and corporate management experience
- Generating near-term cash by developing gold projects via third party infrastructure
- Cash and tradeable securities of $11.1M and no debt
- Building a long term gold production profile
- Fully funded 55,000m resource growth and new discovery drill program for 2018 well underway
- Pursuing regional consolidation opportunities of high potential exploration and development assets
- Joint ventures for multi-commodity non-core projects across several regions with quality partners
To view the full presentation, please visit:
http://abnnewswire.net/lnk/74WJN5C5
About Intermin Resources Limited:
Intermin Resources Ltd. (ASX:IRC) is a gold exploration and mining company focussed on the Kalgoorlie and Menzies areas of Western Australia which are host to some of Australia's richest gold deposits. The Company is developing a mining pipeline of projects to generate cash and selffund aggressive exploration, mine developments and further acquisitions. The Teal gold mine is currently in production.
Intermin is aiming to significantly grow its JORC-Compliant Mineral Resources, complete definitive feasibility studies on core high grade open cut and underground projects and build a sustainable development pipeline.
Intermin has a number of joint ventures in place across multiple commodities and regions of Australia providing exposure to Vanadium, Copper, PGE's, Gold and Nickel/Cobalt. Our quality joint venture partners are earning in to our project areas by spending over $20 million over 5 years enabling focus on the gold business while maintaining upside leverage.
Source: Intermin Resources Ltd.
Contact:
Jon Price MSc (Mineral Economics) MAusIMM, MAICD Managing Director
T: +61-8-9386-9534
F: +61-8-9389-1597
E: admin@intermin.com.au
W: www.intermin.com.au